On-Site Tax & Cost Basis Operations Specialist

Charles Schwab Corporation; Westlake (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

Charles Schwab Corporation is seeking a Cost Basis Operations Specialist to join the Custody & Asset Services team. You will help manage the transmission and upkeep of cost basis data for assets transferred in and out, contributing to accurate tax reporting and clients' experience.

The role requires collaboration, multi-tasking, and flexibility as you rotate through functions to meet business needs. Strong data entry, detail orientation, and knowledge of SPARKS will help you succeed in a

Qualifications

• 2+ years of experience in Operations.
• Proven tax and cost basis knowledge framework.

Responsibilities

• Research and processing cost basis adjustments for Retail and Advisor Services clients.
• Option trade reconciliation, return of capital, and cost basis fixed income updates.
• Research across multiple systems to verify transaction information.
• Process corrections in SPARKS, Schwab’s cost basis system.
• Work collaboratively and optimally with others.

Skills

Operations experience

Tax and cost basis knowledge

Education

BA/BS preferred

Tools

Outlook

Excel

Word

Macro tools understanding

Job description

Charles Schwab Corporation is seeking a Cost Basis Operations Specialist to join the Custody & Asset Services team. You will help manage the transmission and upkeep of cost basis data for assets transferred in and out, contributing to accurate tax reporting and clients' experience.

The role requires collaboration, multi-tasking, and flexibility as you rotate through functions to meet business needs. Strong data entry, detail orientation, and knowledge of SPARKS will help you succeed in a