**We believe that** , when done right, investing liberates people to create their own destiny. **We are driven** by our purpose to champion every client's goals with passion and integrity. **We respect** and appreciate the diversity of our employees, our clients, and the communities we serve. **We challenge** conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of 'own your tomorrow' every day. **We champion** our employee strengths, guide their development, and invest in their long-term success. **We hire** optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.
As a company, we were established by Chuck at over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.
The Cash Manager is part of a team responsible for forecasting and managing the daily cash position of Charles Schwab Corp and its subsidiaries, primarily Charles Schwab Bank and Charles Schwab & Co. Inc. The Cash Manager forecasts and communicates changes in daily cash balances to the investment portfolio managers and proactively handles activities required to meet funding obligations, including executing wire transfers to meet internal & external deadlines and to manage cash balances effectively. The Cash Manager assures compliance with all internal policies and procedures that pertain to the cash management team, as well as all rules and regulations applicable to the position.
**What you'll do:**
+ Manage the intra-day and overnight cash balances for Charles Schwab Corp and its subsidiaries, primarily Charles Schwab Bank and Charles Schwab & Co. Inc.
+ Coordinate daily liquidity needs with Portfolio managers to maximize investment returns
+ Assist in the development of methodologies for cash forecasting of both Bank and Broker/Dealer cash flows
+ Enter and approve wire transfer requests
+ Prepare daily management reporting on liquidity and cash flow and compliance with liquidity policies and guidelines
+ Lead projects that will results in process optimization
+ Adhere to policies and procedures to comply with the various regulatory agency requirements including the Federal Reserve Bank and FINRA as well as internal polices applicable to the cash management function
**What you have:**
+ College Degree in Finance or Business
+ 2 - 5 years of experience in financial services, cash management, wire transfer operations or bank operations
+ An active Series 7 or willingness to obtain within 6 months of employment
+ Strong interpersonal and communication skills
+ Ability to work effectively with internal and external counterparts
+ Proven ability to work effectively in a team environment
+ Excellent math and analytical skills
+ Accuracy, attention to detail and ability to maintain composure while dealing with tight time constraints
+ Ability to multi-task while maintaining composure in a potentially stressful environment
+ Knowledge of Treasury workstations, Fedwire, SWIFT and correspondent bank funds transfer systems
+ Intermediate skills in Excel essential, advanced skills preferred
+ Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program
+ Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions
+ Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships
+ Not just a job, but a career, with an opportunity to do the best work of your life
Learn more about Life@Schwab at \" .
Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.
Relocation Offered?: No
Work Schedule: Days
Languages: English - spoken
Current Licenses / Certifications: FINRA Series 7
Relevant Work Experience: Banking-2-5 yrs
Position Located In: CO - Lone Tree, CA - San Francisco
Job Type: Full Time
Activation Date: Monday, February 25, 2019
Expiration Date: Wednesday, March 27, 2019
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.