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People News Archives: July, 2010

Charles Schwab is seeking a "Senior Product Manager, Money Market Funds." The description on Schwab's website says, "Schwab Money Market Funds make up $160 Billion of the $206 Billion of CSIM's Assets Under Management.... This role will function as one of the product managers for the Schwab Money Market Funds. Responsibilities will include: Providing ongoing money market fund product support for product prospectus, shareholder reports, fact sheets, and SAIs; Crafting and updating money funds product plan to help identify product opportunities and priorities; Performing analysis of strategic product issues, including client usage and competitor trends; Developing money fund communications to clients and prospects; etc."

The SEC is seeking a "Senior Specialized Financial Analyst" according to a web posting. The job description says it, "Designs and implements a money market fund monitoring program within the Division. Assists in developing expertise and technical capabilities of Division personnel regarding money market funds."

Michael Cloherty is now Head of U.S. Rate Strategy at RBC Capital Markets. Cloherty was previously at Bank of America Merrill Lynch.