Portfolio Manager, Passive Equity

Your opportunity At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together. We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location. Schwab Asset Management (SAM), one of the industry’s largest and most experienced asset managers, offers a focused lineup of competitively priced investment solutions designed to meet the evolving needs of investors. By operating through our clients’ perspective and putting them at the center of every decision, we strive to deliver exceptional experiences and long-term value. SAM is building a suite of options-based strategies designed to help clients generate income, manage risk, and diversify portfolios in a tax-aware manner. As a Portfolio Manager, Option Overlay Strategies, you will play a key role in designing, testing, implementing, and managing these strategies. You will partner across investment, trading, technology, and product teams to build scalable solutions that enhance client outcomes. Key responsibilities Partner with senior portfolio leadership to design, test, and implement option overlay strategies Identify and assess risks within strategies and implement controls to mitigate exposure Conduct rigorous quantitative analysis and back-testing using financial data platforms Translate complex data into clear, actionable insights for stakeholders Collaborate cross-functionally with trading, technology, operations, and product teams to build scalable infrastructure Support ongoing strategy execution and continuous improvement of investment processes Contribute to the development of client-facing and internal materials What you have We are seeking a collaborative and analytically driven professional who is passionate about financial markets, options strategies, and continuous learning. You bring a combination of technical expertise, intellectual curiosity, and the ability to translate data into meaningful investment insights. Required Qualifications Bachelor’s degree in a quantitative discipline (e.g., finance, financial engineering, computer science, applied mathematics, or related field) 5+ years experience managing, developing or back-testing equity derivative or options-based strategies Proficiency in Python (including libraries such as Pandas and NumPy), SQL, and Excel Demonstrated experience applying quantitative and statistical techniques (e.g., regression analysis, time series analysis) Strong analytical thinking and problem-solving skills with the ability to evaluate complex data sets Effective written and verbal communication skills with the ability to present insights clearly to diverse stakeholders Ability to manage multiple priorities in a fast-paced, collaborative environment Demonstrated accountability, sound judgment, and ownership of outcomes Preferred Qualifications Advanced degree in a quantitative field or CFA designation Experience with financial data platforms such as Bloomberg, FactSet, or similar tools Familiarity with options theory, pricing models, and risk exposures (e.g., Greeks) Experience working in a matrixed or cross-functional organization Exposure to portfolio construction, trading systems, or investment technology platforms 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 #J-18808-Ljbffr