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.
Schwab’s Corporate Development team is part of the Strategy & Innovation organization. As a team, we support the inorganic growth strategy of the firm by analyzing and executing acquisitions and strategic investments.
In recent years, the Corporate Development team has successfully completed numerous acquisitions, including USAA’s Investment Management Company, TD Ameritrade, Wasmer Schroeder, and Motif Investing. These transactions helped to create a large-scale, full-service investment firm with world class solutions and unlocked meaningful financial benefits for our stockholders. We expect to continue to remain active in the evaluation and execution of acquisitions, both big and small, going forward. We are also active in making strategic investments, including Wealth.com, Dynasty Financial Partners, and Texas Stock Exchange.
As a Corporate Development Associate, you will play a key role in helping to evaluate acquisitions and strategic investment opportunities, coordinate due diligence processes, assist in negotiations, and participate in the overall execution of transactions.
Key Responsibilities:
Prepare and/or oversee the preparation of detailed financial analyses related to acquisitions and strategic investments
Prepare and/or oversee the preparation of presentations outlining the strategic and financial rationale for transactions to senior management and the Board of Directors
Partner with cross-functional teams across Schwab to coordinate and administer due diligence efforts
Coordinate communications among project teams, senior leadership, external advisors, and counterparties
Negotiate NDAs and other transaction-related agreements with counterparties
Work with the business enterprises, functional areas (e.g., Legal, Technology, Operations, Intellectual Property, Human Resources, etc.) and others on the analysis and execution of transactions
Interface and partner with senior leaders to ascertain strategic goals of various business enterprises
Conduct strategic industry analyses and landscape studies
Contribute to the ongoing improvement of the team by refining existing processes and assisting in the training and development of new team members
What you have
Required Qualifications:
3-7 years of work experience in investment banking, corporate development, and/or venture capital
Bachelor’s degree
Preferred Qualifications:
Experience in the financial services sector
Successful history of contributing to acquisitions or strategic investments
Superior analytical skills, creativity in problem solving, research capabilities, and attention to detail
Strong communication skills, both written and verbal, as well as the ability to develop concise and effective communications tailored to specific audiences
Comfort working on a cross-functional team in a dynamic, fast-moving, and high stakes work environment
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.