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Schwab Stock Plan Services

Senior Manager, Funds Transfer Pricing

Schwab Stock Plan Services, Lone Tree, Iowa, United States, 52755

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Senior Manager, Funds Transfer Pricing

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Schwab Stock Plan Services

Location Lone Tree, CO; Westlake, TX; Omaha, NE

Requisition ID 2025-109464

Category Risk & Regulatory

Position type Regular

Pay range USD $103,500.00 - $230,000.00 / Year

Application deadline 2025-05-26

Your opportunity At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

The Asset Liability Management (ALM) team is part of our Corporate Treasury department, responsible for balance sheet management, strategy, portfolio and brokered deposit investment decisions, balance sheet modeling, market risk management, ALM derivatives, funds transfer pricing (FTP), and net interest income forecasting. The team manages over $300 billion in fixed-income investments, with a total balance sheet of approximately $500 billion and $85 billion in off-balance-sheet brokered deposit agreements.

This role focuses on the funds transfer pricing function, leading a cross-functional initiative to develop a best-in-class FTP framework and infrastructure.

This is an individual contributor role offering growth opportunities through challenging projects and supportive leadership.

What you have

5+ years in treasury, funds transfer pricing, interest rate risk, finance, or ALM roles of increasing responsibility, with at least 7 years at a similar-sized institution.

Experience with PolyPaths, ALM, QRM, Calypso, or similar software is a plus.

Knowledge of industry-leading FTP methodologies, especially for non-maturity deposit bases and lending products.

Innovative mindset and ability to create analyses to influence strategy.

Strong fixed-income investment modeling and analytics skills.

Ability to manage multiple projects calmly and effectively.

Excellent communication skills.

Strong emotional intelligence and executive presence.

Client-focused, capable of building relationships quickly.

Leadership skills to manage cross-functional projects and motivate teams.

Undergraduate degree required; advanced degree preferred.

Knowledge of Python, visualization tools like Tableau or QuickSight, and experience with large datasets are pluses.

Professional certifications such as CFA, FRM, or PRM are preferred.

What you'll do

Develop and implement a new FTP framework and methodology, coordinating with stakeholders.

Lead model and infrastructure development to support the FTP framework.

Establish FTP policies and methodologies based on market rates, liquidity, and capital considerations.

Create analytics and reporting tools, including decomposing net interest margin by various dimensions.

Support and innovate in FTP methodology, monthly analytics, and new product approaches.

Develop training for stakeholders on FTP application and benefits.

Communicate the value of FTP changes and gain organizational alignment.

Collaborate with portfolio managers, risk partners, and product leaders to optimize risk and return.

This role is also eligible for bonus or incentive opportunities.

What’s in it for you Schwab offers a supportive culture focused on your growth, with a hybrid work approach balancing flexibility and in-person collaboration. Our benefits include:

401(k) with company match and Employee stock purchase plan

Paid time off, volunteering leave, and a 28-day sabbatical after 5 years

Paid parental leave and family benefits

Tuition reimbursement

Health, dental, and vision insurance

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Additional Benefits

Medical, dental, and vision benefits

Retirement plans and stock purchase options

Career development support

Parental and family leave

Sabbatical after five years

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