Director, Strategy & Program Office, Long/Short SMA

Your Opportunity

Director, Strategy & Program Office, Long/Short SMA

 

Our Organization

 

At Schwab, 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 hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

 

The Investment Offers & Solutions (IOS) organization is responsible for managing Schwab’s investment product marketplaces, including Alternative Investments, Managed Accounts, Mutual Funds, ETFs and Income Solutions. Our mission is to provide a positive experience for Schwab clients who invest in these products, while supporting a revenue stream that is vital to Schwab’s overall financial health.

 

Within IOS, the Long/Short Extension Separately Managed Accounts business is one of Schwab’s fastest-growing offerings, with a rapidly expanding line-up of strategies. As this business has scaled, its impact has extended well beyond traditional product management, creating a need for enterprise-level strategy, decision-making, and cross-organizational coordination. To support the continued growth and complexity of this business, Schwab is standing up a formal, multi-year Long/Short SMA Program with dedicated leadership, cross-functional workstreams, and executive-level governance. This program office will serve as the central hub for setting program strategy, coordinating decisions, escalating risks, aligning stakeholders, and ensuring disciplined execution across the firm.

 

The Opportunity

 

The Director will lead the Long/Short SMA Strategy & Program Office, serving as the central leader responsible for setting program strategy, enterprise program governance, executive decision support, cross-functional coordination, and disciplined execution of a complex, multi-yearbook of work.

 

Reporting to the Managing Director of IOS, this leader will be the person that senior leadership turns to for a clear, well-reasoned point of view on where the program is headed, what decisions need to be made, what risks require escalation, and how the organization should sequence and execute against competing priorities. This is not a traditional product management or portfolio management role. While familiarity with SMAs, asset management, or investment products is helpful, the critical requirement is the ability to frame and make recommendations on key strategic decisions and run a high-visibility enterprise program office across multiple senior stakeholders, functions, workstreams, and governance forums.

 

On the strategy side, the Director will frame the growth ambition, monetization considerations, competitive positioning, opportunity sizing, sequencing, trade-offs, and strategic options for the Long/Short SMA business. The Director will translate complex inputs from across the organization into crisp recommendations, executive-ready materials, and decision frameworks for Steering Committee, senior governance forums, and Board-level audiences.

 

On the program office side, the Director will orchestrate execution across multiple cross-functional workstreams, hold workstream owners accountable to plans and milestones, maintain the integrated program roadmap, surface risks and dependencies, and drive timely resolution of decisions. This leader will establish the governance rhythm for the program, including working group management, Steering Committee preparation, executive escalation, and fact-based reporting on progress, risks, and recommendations. 

 

The Director will partner closely with Treasury, Operations, Technology, Risk, Legal, Compliance, Securities Lending, Advisor Services, and Product to ensure the program is being managed as an enterprise initiative, not simply as an investment product launch or marketplace offering. This is a people leadership role. The Director will build and manage a small, high-caliber program team, likely starting with one direct report and scaling based on program needs. Success requires exceptional strategic judgment, executive presence, structured problem solving, and the ability to influence senior leaders through clarity of thinking, trust, relationships, and disciplined follow-through.

 

What You’ll Do

 

• Develop executive-ready materials, recommendations, analytics, and narratives that help senior leaders make timely, well-informed decisions.
• Stand up and lead a centralized program office for a high-growth Long/Short SMA business with enterprise-wide implications.
• Create the governance structure, operating rhythm, decision forums, escalation paths, and executive reporting needed to manage