Charles Schwab

Sr. Manager – Funds Transfer Pricing

Charles Schwab • $125K — $150K *
Lone Tree, CO 80124In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 8+ years in treasury, funds transfer pricing, interest rate risk, finance, or ALM roles.
  • Familiarity with leading FTP methodologies for non-maturity deposits and lending products.
  • Experience in developing custom treasury models and dashboards.
  • Ability to create innovative analyses and drive strategy in a cross-functional environment.
  • Strong multi-tasking skills in high-pressure situations.
  • Proven leadership in managing cross-functional projects and stakeholders.
  • Excellent communication skills with strong emotional intelligence.
  • Client-focused with a knack for building trust and relationships quickly.
  • Knowledge of fixed-income investment modeling is a plus.
  • Experience with large datasets and establishing control frameworks is advantageous.
  • Professional certification (CFA, FRM, PRM) preferred.

Responsibilities

  • Lead the development and implementation of a new FTP framework and methodology.
  • Establish FTP policies and methodologies based on market rates and risk frameworks.
  • Develop analytics and reporting capabilities for net interest margin decomposition.
  • Innovate existing methodologies and new product approaches.
  • Create and deliver FTP curriculum to educate stakeholders on its application.
  • Articulate the value of changes to gain organizational alignment on the FTP framework.
  • Collaborate with investment managers and risk partners to optimize risk-return mandates.

Benefits

  • Opportunity to work in a dynamic and innovative environment.
  • Engagement in cross-functional initiatives that influence company strategy.
  • Access to professional development and educational resources.
  • Potential for bonus or incentive opportunities.
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 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 role will manage a function to help build out our future state FTP framework and infrastructure, leading efforts to refine and finalize our Methodology.

What you have
  • 8+ years of career experience in treasury, funds transfer pricing, interest rate risk, finance and/or ALM roles of progressive level of responsibility.
  • Familiarity with industry leading FTP methodologies for non-maturity deposit bases and lending products, including experience creating and leading FTP methodology and a Treasury Center.
  • Technical background with experience developing custom treasury models and dashboards.
  • 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 multi-task on multiple projects and deliverables while remaining calm in a potentially stressful environment.
  • Ability to lead a cross functional project, managing numerous workstreams and stakeholders
  • 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.
  • Strong fixed-income investment modeling and analytics knowledge a plus.
  • Ability to lead a dynamic team and motivate direct and indirect reports to excel.
  • An undergraduate degree is required, strong preference for an advanced degree.
  • Knowledge of Python is a plus.
  • Experience working with large, complex datasets a plus.
  • Experience in establishing a control framework to mitigate process risk a plus.
  • Professional certification, such as CFA, FRM or PRM, preferred.

Key Outcomes:

  • Lead the development and implementation of a new funds transfer pricing framework and methodology.
  • Lead the establishment of FTP Policy and methodologies for transfer rates based on market rates, liquidity, and capital frameworks and the interconnectedness of risk stripes.
  • Develop suite of analytics and reporting capabilities, including decomposition of net interest margin by lines of business, products, and the Treasury Center.
  • Lead the development of new approaches and ideas for both existing methodologies and new products.
  • Build FTP curriculum and educate key stakeholders in the application and use case for FTP to drive business line led net interest income optimization and understanding.
  • Clearly articulate the background and value of key changes, influencing leaders from across the organization to gain alignment on the FTP framework.
  • Work with the broader team to ensure our FTP methodology is built correctly, provides the right level of detail, and that all stakeholders understand and are comfortable with the results.
  • Collaborate with investment portfolio managers, risk partners, and product leaders to help influence the risk-return optimization mandate.

 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

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