Margin Services, Sr. Specialist

Overview 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 locations. Margin Services protects the firm from risk exposure by monitoring accounts to ensure compliance with FINRA, SRO and Schwab rules and regulations. Margin Services imposes trading restrictions on accounts for trade settlement violations. Margin Services reviews money due, stock due and various risk reports. We handle inquiries from both internal and external clients regarding buying power, funds available and day trading. What You’ll Do This role is responsible for resolving margin-related matters for internal and external clients, monitoring and addressing margin calls, managing debit balances and short positions, and interpreting and applying applicable industry rules, regulations, and policies. The position also requires enforcing relevant regulations and account restrictions, analyzing credit, trade, and cashiering reports to support risk mitigation, and managing inbound communications from internal employees and external clients while initiating outbound communications as appropriate. What you have To ensure that we fulfill our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have. Required Qualifications Series 7 and 63 licenses are required 3-5 years of margin experience in a brokerage firm Applicants should have a basic working knowledge of margin rules and formulas Exhibit knowledge and understanding of Reg T rules Familiarity with derivative products Excellent customer service skills Preferred Qualifications Trading experience preferred Strong reconciliation skills and diligence in researching problem accounts Solid knowledge of balance, position, and transaction systems Candidates must be flexible and comfortable with changing work duties Strong organizational skills, attention to detail, and ability to multitask are critical Ability to deliver complex information while maintaining a positive client experience Work well in a collaborative team environment Strong verbal and written communication skills 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 Charles Schwab