Getting Hired

Tips from the inside

According to the firm, ideal candidates are "individuals who want the chance to learn, grow with the company and explore their career opportunities." But insiders say it's not easy to land a Schwab job these days. One explains this is due to the "frequent hiring freezes." Another contact attributes it "mostly to the cutbacks." Candidates who do get asked in could expect to have "up to three interviews." "The interviewing process goes on forever," says a source. Another explains that Schwab "tends to have many people interview job candidates given the matrixed nature of its organization--successful candidates must display success and skill at building consensus and working in teams." The contact adds, "Functional knowledge, experience and expertise, especially in the financial services industry, is becoming increasingly important as Schwab evolves to provide more financial and investment advice for its clients and increases its range of financial services it is providing."