Job Description

Your opportunity

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 Corporate Development team at Schwab is a part of the Corporate Development & Strategy function in the Finance organization. The team supports the inorganic growth strategy of the firm by analyzing and executing acquisitions, divestitures, and strategic investments.

In recent years, the Corporate Development team has been very active and successfully completed numerous transactions, including the acquisition of the assets of USAA’s Investment Management Company and the all-stock acquisition of TD Ameritrade. These transactions created 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 transactions going forward.

As a key member of the Corporate Development team, the Corporate Development Director will help evaluate acquisition, divestiture, and strategic investment opportunities, coordinate due diligence processes, assist in negotiations, and participate in the overall execution of transactions.

Some of the responsibilities include:

• Prepare and/or oversee the preparation of detailed financial analysis of mergers and acquisitions, divestitures, and strategic investments
• Prepare and/or oversee the preparation of presentations which outline the strategic and financial rationale for transactions for 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 Schwab management, 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 other areas of Finance on the analysis and execution of acquisitions, divestitures, and strategic investments
• Interface and partner with senior leaders to ascertain strategic goals of various business enterprises
• Conduct strategic industry analysis 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
• Employees may have the flexibility for a hybrid schedule, following our hybrid work flexibility program where they divide their time between working remotely or in the office. This role is expected to be in the office 4 days a week for the first six months, then transition to be in office 3 days a week.

What you have

• Bachelor's degree in related field or equivalent work experience.
• 7 plus years of work experience at a top-tier company in investment banking or corporate development (M&A). Will also consider experience in management/strategy consulting, strategic finance, or valuation services.
• Demonstrated experience preparing financial analysis of mergers and acquisitions, divestitures, and strategic investments.
• Prior experience with M&A transactions.
• Experience negotiating NDAs and other transaction related agreements.

• 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.
• While prior experience in the financial services industry is not required, we prefer that candidates have an interest to work in the financial services sector.

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

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