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
  • 8 years of experience in financial services focusing on funding or capital market strategies
  • Experience with operational leverage programs and liquidity facilities
  • Strong knowledge of portfolio management and asset-liability management (ALM)
  • Understanding of fixed income markets and capital optimization
  • Excellent verbal and written communication skills
  • Demonstrated professionalism and teamwork abilities.

Responsibilities

  • Manage liquidity, spread investment, and asset warehouse strategies daily.
  • Optimize funding costs while ensuring liquidity buffers and ALM profiles.
  • Oversee collateral usage for capital efficient execution of strategies.
  • Monitor funding market developments impacting liquidity and capital structure.
  • Assist in designing and implementing new finance structures and facilities.
  • Maintain relationships with investment banks, institutional investors, and rating agencies.
  • Collaborate with stakeholders to enhance investment outcomes.

Benefits

  • Competitive salary and bonus for eligible employees
  • Pension Plan
  • 401k match
  • Employee Stock Purchase Plan
  • Tuition reimbursement
  • Disability, medical, dental, and vision insurance
  • Paid Time Off starting at 160 hours annually
  • Ten paid holidays per year
  • Paid parental leave, adoption assistance, and employee assistance programs
  • Volunteer hours PTO and employee matching gifts program
  • Career training and development opportunities
  • Wellness program and inclusion initiatives
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 daytoday 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

  • Bachelors 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 AgreementBacked Notes (FABN), Funding AgreementBacked Commercial Paper (FABCP), and Funding AgreementBacked 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 Companys 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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