Sr Manager Charitable Strategies

About the role

The Sr. Manager is primarily responsible for reviewing illiquid and other complex noncash asset contributions for gift acceptance. The role sits within CSG, which is the team of experts dedicated to performing due diligence on and ultimately processing illiquid and other complex noncash asset contributions.

Responsibilities

• Handle client and advisor inquiries and respond to process and potential tax implications related to contributions of illiquid and other complex noncash assets.
• Independently review transactions related to privately held companies, restricted stock, and other complex asset inquiries to determine suitability for charitable contribution and the best route for acceptance while mitigating risk.
• Perform all aspects of noncash asset due diligence, including document review and thorough assessment and mitigation of risks, and recommend approval for acceptance.
• Facilitate the transfer, acceptance, and liquidation of approved noncash asset contributions, and track these activities within a CRM system to monitor, assess, and report on workflow.
• Prepare new and/or updated existing procedures and job aids to guide due diligence reviews and enhance operational excellence.
• Respond to internal partner questions and requests for information relating to tax, corporate transactions, securities law, alternative investments, exempt organizations, and estate/charitable planning strategies.
• Support Business Development, Charitable Consulting, and Marketing teams with development and review of educational and marketing literature to ensure content accuracy and clarity. Draft new client-facing articles and presentation decks, as requested.
• Develop and deliver internal trainings to Schwab Charitable business units on illiquid and complex noncash assets gift acceptance procedures and best practices.

Requirements

• Bachelor's degree and J.D.
• Minimum of 8 years of relevant experience, including but not limited to: tax planning; exempt organizations; corporate transactions and estate planning; financial services/wealth management; securities law; alternative investments; and impact investing.
• Expert-level financial, tax, and philanthropic planning knowledge, with specific attention to tax, corporate transactions, securities law, exempt organizations, and estate planning strategies.
• Knowledge of alternative charitable giving solutions in the illiquid asset space and ability to review and understand financial statements, with demonstrated understanding of accounting/tax issues.
• Knowledge and experience in partnership taxation and UBTI.
• Outstanding interpersonal skills to establish and maintain effective professional relationships at all levels of organizations and in the charitable and advisor communities.

Qualifications

• Knowledge of alternative charitable giving solutions in the illiquid asset space and ability to review and understand financial statements, with demonstrated understanding of accounting/tax issues.
• Knowledge and experience in partnership taxation and UBTI.
• Outstanding interpersonal skills to establish and maintain effective professional relationships at all levels of organizations and in the charitable and advisor communities.

Skills

• Illiquid Asset Due Diligence
• Subject Matter Expert in Charitable Gifting Rules

Benefits

• 401(k) with company match and Employee stock purchase plan
• Paid time off, 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

Pay

• Base salary (range posted)
• Eligible for bonus or incentive opportunities

Schedule

• Hybrid work schedule