2018 Schwab Intern Academy: Senior Manager MBA Intern for Investor Services Strategy

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Job ID:
1011-36596
Job Category:
Campus Programs/Internships
Relevant Work Experience:
No Work Experience
Current Licenses / Certifications:
None
Position Located In:
CA - San Francisco
Education:
BA/BS
Job Type:
Full Time
Description:

San Francisco - CA, BRCAS2, 211 Main Street, 94105
Laurie Williams
1011-36596

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 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.

Our Opportunity:

Work with a company that has been challenging the conventions of the financial services industry for over 40 years through an internship with Charles Schwab. Schwab’s mission is to help our clients create a better future for themselves, their families, and their communities. It is summed up in our tagline – Own your tomorrow – and it permeates everything we do.

Schwab Intern Academy is our centrally managed summer internship program that recruits juniors and rising seniors within a year of graduation. As an affirmative action employer, Schwab takes affirmative action to employ qualified minorities, women, individuals with disabilities, and protected veterans in our intern program.  As a culture that values Diversity and Inclusion, Schwab encourages the application of Women, Minorities, Individuals with Disabilities and Protected Veterans.

The design of the program invites interns to engage directly in Schwab’s culture of service, while challenging them with a blend of learning programs, team-building activities, networking opportunities, and enriching work projects. Features of our 2018 program include:

  • Business Track Project: Work with a Schwab organization that provides a meaningful and valuable experience to translate classroom learning into real business projects.
  • Intern Cohort Project: Partner with other interns to brainstorm, discuss learning experiences, and present solutions.
  • Learning Activities: Participate in facilitated classroom training, team discussions and events, individual assessments and activities, senior leader meetings, and on-the-job training.
  • Feedback Loop: Receive regular feedback from your manager, participate in career-related discussions, and provide your own feedback.
  • Strengths Application: Learn about yourself and how to apply your unique strengths, abilities, and goals to the work you do as part of Schwab’s ‘strengths-based’ culture.
  • Networking: Gain support by interacting with professionals across Schwab, including senior leaders, peers, and Schwab Intern Academy Alumni.

We look for students with:

  • Optimism and curiosity, who are inspired by a keen sense of purpose, awareness, and knowledge 
  • Adaptability and flexibility, who enjoy working through cross-functional partnerships and collaboration to achieve a common purpose
  • An innovative and questioning mindset, who constantly look for better ways to do things, have  a passion for service, and aim to exceed client expectations

Because interns are considered a primary pipeline for full-time opportunities, every intern candidate must be eligible for full-time employment upon graduation and must also meet the following requirements:

  • Enrolled in a current undergraduate program tracking to a bachelor’s degree
  • Plan to graduate between December 2018 and May/June 2019
  • Can work full time and on-site at Schwab during the 9-week program (June 11 to August 10)
  • Have specific skills as needed by the hosting Business Track

Schwab is recognized as an industry leader, and our welcoming culture will embrace your individuality and partner you with other like-minded and solution-focused students. We will invest in your summer experience by providing you direction and leadership for a robust and well-rounded internship, as well as helping you focus on a potential future career with Schwab.

Please Note: The 2018 Schwab Intern Academy features multiple job opportunities. We encourage you to apply for all positions for which you are qualified and interested. Regardless of which opportunity you pursue, we will provide you with a consistent and unique experience – one you won’t soon forget!

Senior Manager MBA Intern for Investor Services Strategy

Charles Schwab's Investor Services (IS) Strategy group is the internal strategy group for the retail business unit of the firm, which manages approximately 50% of the firm’s assets and generates over 70% of its revenue. The IS Strategy group is one of the main intake points for top-tier talent at Schwab, providing members with an unparalleled opportunity to work on the major strategic and operational issues confronting the business while gaining visibility among the firm's executive and senior leadership.

The IS Strategy team is responsible for:

  • Insights: Deliver world class strategic insights and recommendations
  • Analysis: Conduct clear, consistent, fact-based analysis to inform key business decisions
  • Prioritization: Drive the allocation of scarce resources to the highest value issues across Schwab
  • Communication: Develop high impact presentations for key audiences, including the c-suite, Board, analyst community, and regulators
  • Partnership: Cultivate strong relationships with business partners across the company to inform and align strategy work, and to actively support the transition from recommendation to execution

Reporting a Managing Director (MD) of IS Strategy, the Senior Manager intern role is charged with delivering thoughtful, insightful, high impact contributions across a range of “high-stakes” strategic projects. The Senior Manager works in a team setting and builds relationships with a wide range of stakeholders at all levels of the organization and across Schwab’s businesses. Project work will primarily focus on developing strategic insights that will drive sustained growth for Schwab.

The Senior Manager intern will have the opportunity to work with partners and delivery organizations to design and execute strategic initiatives, specifically by providing support on the following key responsibilities:

  • Plan and execute work streams for large, complex projects, as well as take full ownership end-to-end for smaller      projects
  • Author and deliver high-impact presentations
  • Synthesize large quantities of information to generate insights through both quantitative and qualitative analysis
  • Develop and maintain perspective on strategic implications of key developments in the external environment,      industry trends, and competitor actions

The Senior Manager intern will have the opportunity to influence the key strategic decisions that are shaping the direction of the company, and will have meaningful exposure to a wide range of business leaders and executives. The intern program provides the opportunity to further develop your “consulting toolkit” to drive structured problem solving, develop storyboards, and conduct robust analysis, and will allow the opportunity to balance “theory” and “practice” in adapting analysis and recommendations for the complexities of real world conditions, industry trends, competitor actions, and client behavior. 

What you have:

  • Minimum of 2 years work experience in strategy required, preferably with a top-tier consulting firm or strategy group within a financial services firm
  • Bachelor’s degree; enrolled in a current graduate program tracking to an MBA
  • Plan to graduate between December 2018 and May/June 2019
  • Can work full-time and on-site at Schwab during the 9-week program (June 11-August 10)
  • Superior analytical skills, creativity in problem solving, and attention to detail
  • Superior communication skills, both written and verbal, with demonstrated ability developing materials and effectively presenting to executive audiences
  • Comfort dealing with ambiguity in a dynamic and fast-moving work environment
  • Strong financial modeling skills and knowledge of financial/valuation concepts
  • Expert user of PowerPoint and Excel
  • Personally and professionally aligned with Schwab’s vision and values, and a strong interest in financial services

Charles Schwab & Co., Inc. is an equal opportunity/affirmative action employer committed to diversifying its workforce. All applications are considered without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status (disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, Armed Forces service medal veterans), or based on any individual's status in any group or class protected by applicable federal, state or local law.


Job Specifications
Relocation Offered?: No
Work Schedule: Days
Languages: English - spoken
Current Licenses / Certifications: None
Relevant Work Experience: No Work Experience
Position Located In: CA - San Francisco
Education: BA/BS
Job Type: Full Time

Category:Campus Programs/Internships
Activation Date: Wednesday, October 11, 2017
Expiration Date: Wednesday, November 1, 2017
Apply Here
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Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

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. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab’s hiring decisions. All other submissions should be performed online.

The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC , offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.