Transamerica

Portfolio Manager, Funding Strategies (Hybrid - Baltimore or Philly)

Transamerica$165K — $195K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in finance, economics, or mathematics
  • Eight years in financial services with focus on funding
  • Knowledge of operational leverage and liquidity products
  • Strong grasp of portfolio management and ALM
  • Expertise in fixed income markets and funding structures
  • Excellent communication skills for diverse audiences
  • Demonstrated integrity and teamwork

Responsibilities

  • Manage liquidity and asset warehouse strategies
  • Optimize funding costs and maintain liquidity buffers
  • Oversee collateral usage and capacity for execution
  • Monitor market developments affecting funding and capital
  • Assist in designing new funding structures
  • Maintain relationships with banks and investors
  • Collaborate with stakeholders to enhance investment outcomes

Benefits

  • Pension Plan
  • 401k Match
  • Employee Stock Purchase Plan
  • Tuition Reimbursement
  • Comprehensive medical, dental, and vision insurance
  • Paid Time Off starting at 160 hours annually
  • Flexible parental leave of 15 days per year
  • Back-Up Care Program
  • Paid time off for volunteer hours
  • Employee recognition and matching gifts programs
Full Job Description

Job Family

Investment Management

Job Description Summary

Manages the day-to-day execution of Transamerica's funding strategy, ensuring reliable and cost-effective access to liquidity across market conditions. Supports the design and implementation of new operational leverage programs to enhance financial flexibility, optimize risk-adjusted returns, and enable efficient asset warehousing.

Job Description

Responsibilities

  • Manage day‑to‑day activities of liquidity, spread investment, and asset warehouse strategies.
  • Optimize cost of funds while maintaining appropriate liquidity buffers and targeted asset and liability management (ALM) profile.
  • Oversee collateral usage and related facility capacity to ensure seamless capital efficient execution of strategies.
  • Monitor funding market developments and assess impacts on liquidity, capital structure, and execution strategy.
  • Assist in design and implementation of new structures and facilities, ensuring operational readiness and platform scalability.
  • Maintain relationships with investment banks, institutional investors, and rating agencies.
  • Partner with internal and external stakeholders to support strategic initiatives enhance investment outcomes and long-term value creation.

Qualifications

  • Bachelor’s degree in quantitative discipline such as finance, economics, mathematics
  • Eight years of progressive experience in financial services industry with focus on funding or capital market strategies
  • Experience with operational leverage programs, including institutional funding products or liquidity facilities
  • Strong knowledge of portfolio management, hedging strategies, liquidity management, and asset and liability management (ALM) within an insurance company environment
  • Strong understanding of fixed income markets, funding structures, and capital optimization
  • Strong verbal and written communication skills with ability to present complex topics to various audiences
  • Demonstrated professionalism, integrity, accountability, and ability to collaborate effectively across teams

Preferred Qualifications

  • Established relationships within capital markets or institutional investor communities
  • Experience with funding agreement structures, including Federal Home Loan Bank (FHLB), Funding Agreement‑Backed Notes (FABN), Funding Agreement‑Backed Commercial Paper (FABCP), and Funding Agreement‑Backed Repurchase Agreements (FABR)
  • Experience managing a large general account portfolio
  • Experience applying AI intelligence solutions to enhance investment or funding capabilities
  • MBA and/or CFA

Working Conditions

  • Office Environment
  • Moderate Travel 10 to 25%
  • Moderate travel for internal meetings

The Salary for this position generally ranges between$165,000 - $195,000 annually.Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors includingqualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company27s discretion.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

  • Competitive Pay

  • Bonus for Eligible Employees

Benefits Package

  • Pension Plan

  • 401k Match

  • Employee Stock Purchase Plan

  • Tuition Reimbursement

  • Disability Insurance

  • Medical Insurance

  • Dental Insurance

  • Vision Insurance

  • Employee Discounts

  • Career Training & Development Opportunities

Health and Work/Life Balance Benefits

  • Paid Time Off starting at 160 hours annually for employees in their first year of service.

  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

  • Parental Leave 6een (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

  • Adoption Assistance

  • Employee Assistance Program

  • Back-Up Care Program

  • PTO for Volunteer Hours

  • Employee Matching Gifts Program

  • Employee Resource Groups

  • Inclusion and Diversity Programs

  • Employee Recognition Program

  • Referral Bonus Programs

About Transamerica

The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became a subsidiary of Aegon, a European financial services company headquartered in The Hague, Netherlands. Transamerica funds the Transamerica Institute, a nonprofit foundation which comprises the Transamerica Center for Retirement Studies and the Transamerica Center for Health Studies.
Learn more about Transamerica
Industry
Founded
1904

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