Restricted Stock Sr. Specialist

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(s).

The Restricted Stock Senior Specialist is part of the Restricted Securities Service team, which supports retail and advisor clients with restricted stock and Rule 144 services. In this role, the Senior Specialist assists corporate officers, affiliates, insiders, and other major shareholders with stock sales under Rule 144 and 10b5-1 trading plans.

Specific job tasks include:

• Managing inbound client calls regarding Rule 144 sales and compliance
• Coordinating with issuer's counsel and transfer agents on the client's behalf
• Administering 10b5-1 trading plans for corporate insiders
• Exercising affiliate stock options

The Senior Specialist’s responsibilities include preparing and filing required regulatory documents with the SEC and relevant exchanges and coordinating with issuers’ counsel and transfer agents to confirm required paperwork is complete. Ensure delivery details are understood, and securities are delivered within strict time frames while exercising affiliate stock options and understanding the advantages and disadvantages of each exercise method. You will be providing highly customized, high-quality service to Schwab executives and affiliates while serving as a single point of contact.

Maintaining professionalism and composure entering client trades for restricted stock once all required paperwork and authorizations are received is critical. While calculating sales limits for restricted stock transactions, you’ll explain control party restrictions, trading limitations, and related regulations to clients and business partners. Also participate with identifying and escalating risks such as undisclosed control parties, potential AML concerns, and fraud.

As a team, the group collaborates in problem‑solving sessions to help resolve issues effectively.

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 & 63 Licenses
• Minimum 2‑4 Years Brokerage Operations
• Working with high sense of urgency

Preferred Qualifications:

• Series 8 9/10 or 24 preferred
• Strong organizational skills and attention to detail with emphasis on accuracy and timeliness
• Ability to analyze and rectify issues that may result in monetary and/or reputational risk to the client or firm
• Able to focus and perform under stress
• Open and responsive to coaching while being flexible and responsive to change
• Bachelors Degree or equivalent experience

In addition to the salary range, this role is eligible for bonus or incentive opportunities.