Charles Schwab · 2 weeks ago
Manager, Retirement Plan Trust and Custody Products
Austin, TX
Full-time
Hybrid
Mid, Senior Level
5+ years expCharles Schwab is a leading financial services firm dedicated to transforming the finance industry. The Manager of Retirement Plan Trust and Custody Products will oversee and govern Trust Bank Collective Trust Funds, act as a regulatory subject matter expert, and ensure compliance with various regulations while supporting audits and maintaining policies.
Financial Services
No H1B
Responsibilities
Administration, oversight and product governance for Trust Bank Collective Trust Funds (CTFs), including vendor oversight and collaboration, new account documentation review, reconciliations, trade approvals, and regulatory filings
Regulatory subject matter expert with responsibility for identification and reporting of abandoned plans, responses to legal and regulatory inquiries from agencies such as DOL, PBGC, IRS, and SEC, AML inquiries, and preparation of specific regulatory reports including Form 5500 Schedule H
Act as regulatory subject matter expert, handling inquiries, reporting, and filings with agencies such as DOL, PBGC, IRS, and SEC
Support internal and external audits, prepare management and committee reports, and ensure timely, accurate documentation and responses
Develop and maintain compliant policies and procedures; facilitate biennial reviews for all Trust Bank policies and committee charters
Qualification
Required
5+ years' experience in financial services, preferably brokerage or banking
5+ years' experience in trust, custody, or retirement plan recordkeeping
Expertise in preparing large plan Form 5500 filings as well as reconciling trust reporting
Strong knowledge of ERISA, retirement plan regulations, and employee benefits rules
Excellent written and verbal communication skills across all organizational levels
Proven product ownership, accountability, and attention to detail
Strong client focus and organizational skills; able to manage multiple priorities independently
High integrity, professionalism, and strong work ethic
Proficient in Microsoft Office Suite (Word, Excel, PowerPoint)
Working knowledge of recordkeeping, trading, and trust systems
Bachelor's degree or equivalent experience is required
Preferred
Candidates with a Series 24 are preferred
Benefits
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
Company
Charles Schwab
We have plans for every turn you take.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
J
Jim McGreevy
Senior Project Manager
Recent News
2025-10-04
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