Specialist, Tax & Cost Basis Operations

Charles Schwab Inc.•Westlake, TX

1d•$27 - $38•Onsite

About The Position

Cost Basis Operations (CBO) is part of the Custody & Asset Services division of Operational Services. The team supports timely and accurate tax reporting while providing a controlled and disciplined environment focused on client experience. This is a fast-paced role requiring effective communication, teamwork, flexibility, and adaptability. The specialist will rotate through different functions as business needs arise and help oversee the reconciliation and maintenance of cost basis processes. The position is expected to work on site in the specified location(s). The role researches and verifies transaction information across multiple systems, researches and processes cost basis adjustments for Retail and Advisor Services clients, processes corrections in GainsKeeper, and analyzes large data sets to identify issues and their upstream or downstream impacts. The position requires adherence to established policies and procedures and is eligible for bonus or incentive opportunities in addition to the salary range.

Requirements

At least 2 years of experience in Operations.
Ability to work under pressure in a fast-paced, changing environment while maintaining positivity and professionalism.
Good decision-making and sound judgment skills.
Strong attention to detail and accurate data-entry skills.
Strong analytical skills.
Ability to multitask and follow through.
Outstanding time-management and organizational skills.
Effective communication and teamwork skills.
Adaptability and ability to maintain self-control under pressure.
Self-reliance in working toward solutions when no existing procedure is available.
Openness to feedback and ability to adjust accordingly.
Logical, systematic, and sequential problem-solving approach.
Thoroughness in ensuring work and information are complete and accurate, preparing for meetings and presentations, and following up on commitments.
Flexibility and openness to new organizational structures, procedures, and technology.

Nice To Haves

Intermediate computer skills, including Outlook, Excel, and Word.
Understanding of macro-based tools and ability to troubleshoot issues with them.
Tax and cost basis experience and knowledge.
A foundation in financial markets and how individuals interact with them.
Bachelor of Arts or Bachelor of Science degree.
Series 7/63 licenses.

Responsibilities

Research across multiple systems to verify transaction information.
Research and process cost basis adjustments for Retail and Advisor Services clients.
Process corrections in GainsKeeper, Schwab’s cost basis system.
Analyze large data sets to determine the cause of issues and their upstream or downstream impacts.
Rotate through different functions as business needs arise.
Adhere strictly to established policies and procedures.
Identify and communicate issues effectively and in a timely manner to peers and management.