Manager, Fund Services and Custody Operations

the goal of the SAM Fund Services team to actively contribute to the success of our proprietary mutual funds and ETFs, and bank collective trust funds. The Manager position within Fund Services will play an important role in the day-to-day oversight of custody operations. The Manager will also be an integral part of the broader organization by not only ensuring accuracy of work, but also through open communication and collaboration within a dynamic team. This will be an individual contributor role and will report to a Senior Manager People Leader on the team.

Primary responsibilities of the Manager, Fund Services include, but are not limited to:

• Preparation, review, and coordination with global custodians and internal partners on the execution of varying global market documentation, including but not limited to the following:

  • Subcustodian account opening documentation for 40 Act mutual funds and ETFs in various markets
  • Submission and maintenance of global tax forms and proxy voting Power of Attorney documentation
  • Daily review of global market updates and timely dissemination of information to Portfolio Managers, Traders, Middle Office, Fund Accounting, Tax, and Valuation teams. Ability to analyze applicability of information to our funds and clarify with custodians questions as they arise

• Follow up on cash and share reconciliation exceptions, failed trade settlement, and outstanding corporate actions

• Facilitate various aspects of the onboarding and maintenance of third-party Repurchase agreements, including contract negotiations, annual counterparty reviews, weekly and monthly meetings.

• Substantial security ownership monitoring and reporting for the Schwab funds, ETFs, and SMAs

• Fund liquidity, TMPG and ETF collateral oversight

• Proxy voting oversight and related regulatory filing requirements

What you have

• Bachelor's degree required (Degree in Business, Finance, or Economics highly preferred).

• 3-5 years of experience within the Financial Services industry required. Knowledge of mutual funds and Exchange Traded Funds (ETFs) Fund Accounting and/or Custody experience preferred.

• Experience with global market account applications/documentation for 40 Act mutual funds required and Collective Investment Trusts highly preferred.

• Strong organizational skills with the ability to balance competing priorities in adherence to strict timeframes and deadlines.

• Demonstrated problem solving skills.

• Proven verbal communication and presentation skills and ability to interact with all levels in the SAM Fund Administration teams and with other external/internal partners

• Strong attention to details.

• Drive and skillset to identify areas of opportunity and implement effective change and automation.

• Ability to work independently and with a team on executing risk and control oversight of internal and vendor processes, while ensuring deadlines are met, data is accurate, and the end-product adds value.

• Willingness to think out side the box and challenge assumptions in the spirit of creating efficiencies.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

What's in it for you

At Schwab, you're empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration-so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you - both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance