Charles Schwab Career and Employment Information
Are you interested in a financial services career with one of the leading employers in the industry? Information on Charles Schwab career opportunities and current job openings are available online. Of special interest to college graduates is the Schwab Financial Consultant Academy, which provides education and training leading to a career with the company.
Financial advisors and others who work in investment banking usually have a background in economics, mathematics, accounting, statistics or finance, and benefit from familiarity with tax codes and investments. Many positions will require a bachelors degree in a related field to qualify for specialized training with the company.
Charles Schwab has career opportunities for specialists in human resources, technology, and marketing, as well as candidates who have concentrated exclusively on finance in their education and experience.
Charles Schwab Company Overview
Charles Schwab is an investment banking firm providing services to individuals and corporations. They are one of the leading publicly traded investment firms in the US, with over $3 trillion in client assets. They offer services assisting in money management, savings, and investments. The Investor Services department offers retail brokerage and banking operations to individuals, helping make money management accessible to all. Institutional Services caters to companies, providing Retirement Planning, Retirement Business, Corporate Brokerage, and Advisor Services.
Charles Schwab Careers
Career opportunities at Charles Schwab abound. They have 335 branches in 46 States, including Puerto Rico, and employ over 16,000 people. They hire professionals in a broad range of specialties, including financial planning, human resources, technology, banking, audit, risk management, and compliance. They are committed to diversity in the workplace, and provide opportunities to military families and veterans transitioning to civilian careers. Positions range from internship and entry level to top executive opportunities, with a variety of career paths to choose from.
Financial Consultant Training Program
The Schwab Financial Consultant Academy is a developmental rotational program that prepares individuals for a career as a Financial Consultant with Charles Schwab. Training is currently offered in Indianapolis, Phoenix, Denver, and Austin. This is an 18 – 24 month program that provides accepted candidates with skills, work experience and credentials to start a career at one of the Charles Schwab branches.
How to Search for Jobs
Job seekers can search for jobs and internships by keyword or phrase, category, or location. You can create a profile online, where you can maintain your resume, apply for jobs, and receive email notifications of appropriate positions as they become available. Schwab offers many opportunities for recent graduates, college students and interns, as well as more experienced professionals.
Even if you’re not quite ready to apply for jobs, you can join their Talent Network to receive updates and notification of events, job opportunities and news relating to your area of expertise.
Check Out Career Fairs and Campus Events
Check the Events schedule for a list of upcoming career fairs, college campus events, and recruiting programs. There are many opportunities for candidates interested in jobs and internships to meet with a company representative. Online networking events are also listed.
Charles Schwab Hiring Process
Before you apply, read the Career Investments Blog for job seekers. You’ll find personal stories from employees, and get useful applicant tips from Charles Schwab's talent advisors.
Once your application and resume have been submitted to Charles Schwab, you will enter into the review process. If selected, you will be contacted for an initial telephone interview where you may ask questions, and provide more information about yourself.
The next step is an in-person interview, where you may meet with some of the other members of the relevant department to help determine if Schwab is the right place for you. Depending on the location and the position, you may expect more than one round of in-person interviews with different members of the prospective team, as well as the hiring manager.
If you receive a job offer, you will receive a written letter detailing your responsibilities and benefits. Schwab offers a structured "onboarding" program to help new hires assimilate into the work environment.
Charles Schwab Benefits
Charles Schwab is committed to their employee's financial and physical fitness. They offer competitive benefits packages including 401k, financial advisory services, personal insurance, employee stock purchase plan, employee discounts, commuter tax savings program, legal services, and more.
Health benefits include Medical, Dental, Vision, Health and Dependent Care flex spending, and Life, Accidental Death, and Disability Insurance. Schwab employees also receive Life benefits such as discounted health club memberships, referral services for child and elder care, tuition reimbursement, paid vacation and holidays, and more.