Charles Schwab 2018 Schwab Intern Academy: Deposit and Payment Products Track in Lone Tree, Colorado
Lone Tree - CO, DENR1, 9800 Schwab Way, 80124
Amy Elizabeth Munson
We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.
As a company, we were established by Chuck at http://www.aboutschwab.com/about/leadership/charles_schwab over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.
Work with a company that has been challenging the conventions of the financial services industry for over 40 years through an internship with Charles Schwab. Schwab’s mission is to help our clients create a better future for themselves, their families, and their communities. It is summed up in our tagline – Own your tomorrow – and it permeates everything we do.
Schwab Intern Academy is our centrally managed summer internship program that recruits juniors and rising seniors within a year of graduation. As an affirmative action employer, Schwab takes affirmative action to employ qualified minorities, women, individuals with disabilities, and protected veterans in our intern program. As a culture that values Diversity and Inclusion, Schwab encourages the application of Women, Minorities, Individuals with Disabilities and Protected Veterans.
The design of the program invites interns to engage directly in Schwab’s culture of service, while challenging them with a blend of learning programs, team-building activities, networking opportunities, and enriching work projects. Features of our 2018 program include:
Business Track Project : Work with a Schwab organization that provides a meaningful and valuable experience to translate classroom learning into real business projects.
Intern Cohort Project :Partner with other interns to brainstorm, discuss learning experiences, and present solutions.
Learning Activities :Participate in facilitated classroom training, team discussions and events, individual assessments and activities, senior leader meetings, and on-the-job training.
Feedback Loop : Receive regular feedback from your manager, participate in career-related discussions, and provide your own feedback.
Strengths Application: Learn about yourself and how to apply your unique strengths, abilities, and goals to the work you do as part of Schwab’s ‘strengths-based’ culture.
Networking: Gain support by interacting with professionals across Schwab, including senior leaders, peers, and Schwab Intern Academy Alumni.
We look for students with:
Optimism and curiosity, who are inspired by a keen sense of purpose, awareness, and knowledge
Adaptability and flexibility, who enjoy working through cross-functional partnerships and collaboration to achieve a common purpose
An innovative and questioning mindset, who constantly look for better ways to do things, have a passion for service, and aim to exceed client expectations
Because interns are considered a primary pipeline for full-time opportunities, every intern candidate must be eligible for full-time employment upon graduation and must also meet the following requirements:
Enrolled in a current undergraduate program tracking to a bachelor’s degree
Plan to graduate between December 2018 and May/June 2019
Can work full time and on-site at Schwab during the 9-week program (June 11 to August 10)
Have specific skills as needed by the hosting Business Track
Schwab is recognized as an industry leader, and our welcoming culture will embrace your individuality and partner you with other like-minded and solution-focused students. We will invest in your summer experience by providing you direction and leadership for a robust and well-rounded internship, as well as helping you focus on a potential future career with Schwab.
Please Note: The 2018 Schwab Intern Academy features multiple job opportunities. We encourage you to apply for all positions for which you are qualified and interested. Regardless of which opportunity you pursue, we will provide you with a consistent and unique experience – one you won’t soon forget!
Deposit and Payment Products Track
Charles Schwab Bank aims to be the Bank for Investors, with a highly unique business model that is digitally-focused while supporting and benefiting from the national scale of Charles Schwab & Co. By meeting the banking needs of Charles Schwab clients, the Bank has become one of the largest and fastest-growing in the nation.
The Deposits and Payment Product teams ensure that the cash management products and features associated with Schwab Bank accounts (including our award-winning High Yield Investor Checking) are delighting clients, contributing to business goals, and complying with regulatory requirements. In particular, the teams:
Are responsible for the strategy and development of 10 bank and 3 brokerage products including High Yield Investor Checking, High Yield Investor Savings, Debit Cards, Checks, and Bill Pay
Analyze the competitive and regulatory environment, market opportunities, and client needs/ preferences/behaviors to develop strategies, product builds, enhancements, and tactics that increase product penetration and client satisfaction, while controlling costs and mitigating risk to the firm
Promote product awareness and works with business partners to develop and execute product marketing through online and offline channels
Develop and manage collateral and associated Bank Welcome Packages, servicing letters, and Bank statement messaging
Lead projects of varying complexity and scope that regularly arise in the course of normal business activities and/or the building of new products
Keep abreast of and responds to regulatory changes impacting products
Coordinate with vendors and provides subject matter expertise to business partners
Interns will support the Deposits and Payment Product teams by developing competitive insights, creating business cases for product enhancements/innovations, and/or refreshing our communications to deliver a compelling client experience. As such, they will contribute to the financial success of both the company and our clients.
Charles Schwab & Co., Inc. is an equal opportunity/affirmative action employer committed to diversifying its workforce. All applications are considered without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status (disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, Armed Forces service medal veterans), or based on any individual's status in any group or class protected by applicable federal, state or local law.
Relocation Offered?: No
Work Schedule: Days
Languages: English - spoken
Current Licenses / Certifications: None
Relevant Work Experience: No Work Experience
Position Located In: CO - Lone Tree
Job Type: Full Time
Activation Date: Wednesday, October 11, 2017
Expiration Date: Wednesday, November 1, 2017