Job Information
Charles Schwab Senior Alternative Investment Analyst in Jersey City, New Jersey
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.
The Schwab Center for Financial Research (SCFR) is a division of Charles Schwab & Co., Inc. (CS&Co).
Schwab clients hold alternative investments spread across privately and publicly registered funds. As more and more clients incorporate alternative investments into their portfolios, we see an opportunity to expand the set of alternative products and funds from which they can choose.
The SCFR Alternative Investments Research team stands at the crossroads of that opportunity. Collaborating with Investment Offers and Solutions Group and the Alternative Investment Consultants, the Alternative Investments Research team is responsible for sourcing funds from across the alternatives universe (hedge funds, private equity, private debt, and private real estate) for inclusion on Schwab’s Alternative Investments Select platform.
The Senior Alternative Investments Research Analyst will have ownership of the hedge fund universe and will lead our manager search and manager investment due diligence efforts, as well as being the subject matter expert in that space.
The role will be responsible for working with the Investment Offers and Solutions group to determine the areas of focus for manager search.
The Senior Alternative Investments Research Analyst will lead the manager search process from initial screening through final committee approval. The Senior Alternative Investments Research Analyst will also be responsible for working with the Operational Due Diligence team during the search process.
Once onboarded, the Senior Alternative Investments Research Analyst will be responsible for leading ongoing manager investment due diligence and working with the Operational Due Diligence team on ongoing operational due diligence efforts.
The Senior Alternative Investments Research Analyst will also be responsible for mentoring other analysts.
What you have
Required Qualifications
7-10+ years of hedge fund investment due diligence experience
BA/BS degree required
Knowledge of hedge fund benchmarks and databases
Strong Excel and PowerPoint skills
Strong verbal and written communication skills
Series 7 license required (Willing to consider COE depending on level of experience)
Preferred Qualifications
Background in private equity, private credit and/or private real estate investment due diligence is a plus
MBA or other advanced degree in finance a plus
CFA or CAIA, or progress towards, highly desirable
Knowledge of private investments benchmarks and databases a plus
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
What’s in it for you
At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
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
What’s in it for you:
At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
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
Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281.