Charles Schwab
Charles Schwab’s purpose is to help everyone become financially fit. Through advocacy and innovation, Schwab has worked to make investing more affordable, more accessible and more understandable for all. For more than three decades, The Charles Schwab Corporation has been an advocate for individual investors and the independent advisors who serve them.
At Schwab, we respect the unique differences of our employees, our clients and the communities we serve – striving to create a consistent and rewarding employee experience. If you share our enthusiasm for helping others, building trusted relationships, possess high ethical standards, and have a desire to learn and grow, there’s a place for you at Schwab!
SUMMARY AND RESPONSIBILITIES:
As a Broker Trainee at Charles Schwab, you will be on the “fast-track” to becoming a licensed brokerage representative and will also be responsible for delivering outstanding service to our clients in order to build and maintain client loyalty. Specifically, you will:
§ Receive paid training (under a Condition of Employment) to acquire the knowledge for, and obtain, Series 7 and 63 broker licenses.
§ Utilize a passion for customer service, positive energy, and problem solving skills to connect with Schwab’s existing clients via the phone (this is not a face-to-face position).
§ Demonstrate energy, empathy, and problem solving skills while delivering unparalleled value and outstanding service to our clients via the phone
§ Respond to client inquiries including cost basis information, cashiering functions, letters of authorization, powers of attorney, product knowledge support and expanding client experience.
§ Assess and resolve client questions, helping them to navigate Schwab’s investment products and services.
Once a licensed brokerage representative, you will also:
§ Discuss financial products with clients, including stocks and options, bonds and fixed income products,, mutual funds, ETFs, CDs & money markets, margin loans, and annuities.
§ Place trades, discuss the latest market trends, and provide investment information to clients to empower them to make well informed financial decisions.
§ Uncover business development opportunities and respond to research requests.
Trainees work in small, highly collaborative teams of 10-15 professionals and are paid a salary (rather than the pressure of commissions), and receive additional compensation for overtime hours and shift differentials. In addition, Schwab’s bonus program rewards high performance and profitable company growth.
Trainees are compensated with an annualized salary of $34,000, with the ability to earn a bonus and the potential for overtime. This salary rate is designed with the assumption that new hires will earn their industry licenses and does not increase following successful completion of those exams. Employees have the opportunity to increase their base pay as they gain additional experience, training, and performance levels.
**Important note- In order to be considered for this role you must complete a client focus assessment. Following your submission, you will receive an email from “Schwab Careers” with a link for this assessment. You will not be considered as an active candidate for this position until you complete this assessment. Therefore, please ensure that your security settings for your email account are set low-enough to receive email responses from Charles Schwab and that you set aside the time required to complete this assessment.**
QUALIFICATIONS:
Required minimum qualifications are:
- Proven ability to be customer service oriented
- Positive attitude, enthusiasm, professionalism and strong work ethic with high level of integrity and ethics
- Collaborative and relational work style with proven success in a team environment.
- Desire for growth opportunities and ongoing training
- A passion for the financial service industry and a desire to help clients become financially fit
- Excellent communication and interpersonal skills, especially the ability to listen and to explain complicated subjects
- Intermediate to Advanced technical skills, with the ability to utilize at least 5 different applications at one time, including Windows, internet researching, database systems, and email
- The ability to multi-task, including speaking with customers over the phone, assessing their needs, researching information on the computer and providing clients with options at one time.
- Basic math skills including addition, subtraction, multiplication and division.
- Ability to work a flexible shift, which may include early morning hours, late night hours, or weekend hours
- Ability to work in a structured environment; taking approximately 30 to 60 client calls per day during specified hours as pre-determined by business need
- As a condition of employment, you must pass applicable brokerage industry examinations and become registered no later than 180 days after the start of your Examination Training course, which will be scheduled within the first 150 days of your employment
In addition, ideal candidates will also have the followed preferred qualifications:
- Bachelor’s degree in finance, economics, business administration, or related area
- At least 1 year work experience in financial services, operations, client support, or call center
- Prior experience working in a dual monitor environment and the ability to utilize over 7 open programs at one time is a plus
Interested candidates should apply online at Http://jobsearch.schwab.com/frameset.html?goto=er-viewjob&erjob=193992&eresc=Austincontactcenter