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Sr. Specialist, Alternative Investments (Advisor Services)

Company: Charles Schwab
Location: Delano
Posted on: November 19, 2021

Job Description:

Position Type: Regular Your Opportunity
Schwab Charitable is an independent public charity created to help increase charitable giving in the United States by offering the flexible giving solution of a donor-advised fund account. A donor-advised fund account is a simple, efficient, tax-smart investment account designed specifically for charitable purposes that offers clients and advisors a simple and streamlined way to give, invest and grant effectively. We are a leading national donor-advised fund provider -having granted out to over 123,000 charities since inception on behalf of our donors.

At Schwab Charitable, we believe people have an inherent desire to give and that investing and giving when done together can empower us to make a real difference in the world. We make it easy to integrate charitable giving into clients ' financial planning and wealth management strategies. We believe that if our clients apply the same thoughtful strategy to their giving and philanthropy that they apply to their finances and investments, they will be happier and more fulfilled donors. Through our uniquely integrated approach, access to online resources and the team of charitable specialists, we offer the tools, guidance, and relationships to help donors give more to the charities that matter most to them.

Schwab Charitable operates as an independent charity but is closely affiliated with and enjoys the support of Charles Schwab & Co, including contractual agreements to provide a variety of services. This position will be an employee of Charles Schwab & Co. and will be subject to its human resources and risk policies and procedures but will report to and be accountable to Schwab Charitable for day-to-day activities.

As a Senior Specialist, Alternative Investments, you are primarily responsible for completing private fund (alternative investment or AI) legal documentation and maintaining professionally handled account data. We are seeking a highly motivated individual with investment knowledge, strong analytical and organizational skills, and investment accounting experience to enhance the team. You will need to interact effectively with external fund administrators, clients, and multiple internal business partners.

Workplace Flexibility Program: We're proud to support our employees in a working approach that allows you to bring your best self to work - whether that 's in the office or remote.
Most Schwabbies have the opportunity to voluntarily work in the office or at home based on their preference, through the remainder of 2021.*
When the firm is ready to fully return to the office, employees will have the flexibility of a hybrid work environment, spending some time working remote and some time in the office.
Employees and managers can discuss and decide what works best for them, with additional flexibility available based on their role, business needs, and individual circumstances.
*Subject to change as Schwab is continually evaluating the current environment in order to best care for the safety and well-being of our employees.
What you are good at
Preparing, completing, and tracking private fund legal documents
Processing new Alternative Investment holdings, including maintaining the Alternative Investment database
Assisting Investment Managers with collecting data for investment compliance and performance
Entering AI statements and transactions daily; reviewing and reconciling transactions daily to ensure integrity (accuracy and completeness) of AI database; researching and resolving discrepancies on a timely basis; conducting quarterly reconciliation and assisting with annual audit reports
Maintaining Professionally Managed Account information in the performance database including index data
Preparing assigned exception and performance reports; ensuring that timely and appropriate actions are taken when needed
Maintaining desktop procedures and recommending changes as needed
Assisting with team assignments and projects, quarterly reconciliation, and the annual audit
What you have
Bachelor 's degree; degree in Business (accounting, finance, or economics) preferred
Minimum five years of shown experience with the back-office operations of a brokerage, bank, financial services firm, insurance, mortgage, or in investment administration
Preference for experience in investment accounting, investment analysis, or working with alternative investments
Detail orientation
Excellent PC skills, including mastery of Excel, Microsoft Outlook, and Word
Extensive experience in database applications
Demonstrated understanding of wide range of investment styles, strategies and security types
Self-starter with strong ability to analyze, research, and resolve problems
Highly organized; able to balance multiple processes effectively
Preferred Skills:
Experience in private fund (alternative investment or AI) accounting, custody, or operations
Experience in and passion for new material and analytic assignments
Colorado Compensation
Target Total Compensation - 70,700 - 111,900
Your actual pay will be based on your skills and experience -- talk with your recruiter to learn more.
Why work for us? Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.
Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home -today and in the future. Explore further .
Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an Equal Opportunity Employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. Please click here to see the policy.
Schwab is an affirmative action employer, focused on advancing women, racial and ethnic minorities, veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at or call 800-275-1281 .
TD Ameritrade, a subsidiary of Charles Schwab, is an Equal Opportunity Employer. At TD Ameritrade we believe People Matter. We value diversity and believe that it goes beyond all protected classes, thoughts, ideas, and perspectives.

Keywords: Charles Schwab, Delano , Sr. Specialist, Alternative Investments (Advisor Services), Accounting, Auditing , Delano, California

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