Charles Schwab

Manager - Funds Transfer Pricing

Charles Schwab • $110K — $130K *
Lone Tree, CO 80124In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 2+ years in treasury, funds transfer pricing, interest rate risk, finance, or ALM roles.
  • 4+ years of general finance experience.
  • Proficiency in coding languages for process automation.
  • Familiarity with leading FTP methodologies.
  • Strong ability to create innovative analyses and influence strategy.
  • Excellent multitasking skills in a fast-paced environment.
  • Outstanding written and verbal communication skills.
  • Strong emotional intelligence and executive presence.
  • Client-focused with relationship-building skills.
  • Experience leading cross-functional projects and managing stakeholders.
  • Undergraduate degree required; advanced degree preferred.
  • Experience with large datasets and control frameworks is a plus.
  • Familiarity with funds transfer pricing or ALM software is a plus.
  • Knowledge of fixed-income investment modeling is a plus.
  • Professional certification (CFA, FRM, PRM) preferred.

Responsibilities

  • Assist in developing and implementing a new FTP framework and methodology.
  • Collaborate with portfolio managers and risk partners to optimize risk-return mandates.
  • Develop analytics and reporting capabilities for net interest margin decomposition.
  • Support FTP methodology and monthly analytics, proposing new ideas and approaches.
  • Articulate the value of key changes to gain organizational alignment on the FTP framework.
  • Build an FTP curriculum to educate stakeholders on its application and use cases.
  • Lead the development of models and infrastructure for the new FTP framework.
  • Work cross-functionally to source data for the future-state FTP infrastructure.

Benefits

  • Opportunity for professional growth and development.
  • Supportive leadership that values contributions.
  • Engagement in cross-functional initiatives.
  • Involvement in high-impact projects with significant financial assets.
  • Access to a collaborative work environment.
Full Job Description
Your Opportunity

The Balance Sheet Strategy team is part of our Corporate Treasury department.  We are responsible for balance sheet management and strategy, portfolio investment allocation decisions, balance sheet modeling and analytics, market risk management, ALM derivatives, and funds transfer pricing (FTP).  The overall team manages fixed-income investments in several portfolios totaling over $200 billion, with approximately $500 billion in total balance sheet assets.

 

The role will focus on Treasury’s funds transfer pricing function. Specifically, this role will assist the team as it leads a cross-functional initiative to develop and implement an updated, best-in-class FTP framework and infrastructure.

 

This is an individual contributor role where you will be able to grow your expertise through consistent challenges, with the backing of passionate leaders who will value your contributions and prioritize your development.

What you have
  • 2+ years of experience in treasury, funds transfer pricing, interest rate risk, finance, and/or ALM roles with progressive levels of responsibility.
  • 4+ years of general finance experience.
  • Experience using coding languages to automate and improve finance processes.
  • Familiarity with industry-leading FTP methodologies.
  • Enthusiasm to work in white space and the ability to create innovative analyses to help drive strategy and influence key leaders across the company.
  • Ability to multitask across multiple projects and deliverables while remaining calm in a potentially stressful environment.
  • Excellent written and oral communication skills.
  • Strong emotional intelligence and executive presence.
  • Client-focused; able to build relationships and establish trust, respect, competence, and confidence effectively and quickly.
  • Ability to help lead a cross-functional project, managing numerous workstreams and stakeholders.
  • An undergraduate degree is required; an advanced degree is strongly preferred.
  • Experience working with large, complex datasets a plus.
  • Experience in establishing a control framework to mitigate process risk a plus.
  • Experience with PolyPaths, ALM, QRM, Calypso, or other funds transfer pricing or ALM software is a plus.
  • Fixed-income investment modeling and analytics knowledge a plus.
  • Professional certification, such as CFA, FRM, or PRM, preferred.

Key Outcomes:

 

Assist in the development and implementation of a new funds transfer pricing framework and methodology.

  • Collaborate with investment portfolio managers, risk partners, and product leaders to help influence the risk-return optimization mandate.
  • Develop a suite of analytics and reporting capabilities, including the decomposition of net interest margin by lines of business, products, and the Treasury Center.
  • Support FTP methodology, monthly production and analytics, and the development of new approaches and ideas for both existing methodologies and new products.
  • Clearly articulate the background and value of key changes, influencing leaders from across the organization to gain alignment on the FTP framework.
  • Help build an FTP curriculum and educate key stakeholders on the application and use cases for FTP to drive business-line-led net interest income optimization and understanding.
  • Lead the development of models and infrastructure to support the new FTP framework.
  • Work cross-functionally to source data and build our holistic future-state FTP infrastructure.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

 

 

About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Finance & Insurance
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ
SCHW
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Charles Schwab

More Finance & Insurance Jobs

Find similar Manager - Funds Transfer Pricing jobs:

NationwideLone Tree, CO