Manager Capital Markets

Navient; Herndon (VA); On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Paid time off

Health coverage

401(k) plan with employer match

Employee Assistance Program (EAP)

Job summary

Navient in Herndon, VA seeks a Capital Markets Manager to execute the company’s funding strategy across derivatives, debt issuance, and liquidity management. This hands-on, front-office role will manage risk, structure ABS and unsecured debt, and coordinate with banks, investors, and internal partners for post-issuance reporting.

The role requires strong technical depth, market fluency, and the ability to operate independently in a high-volume environment with ownership and accountability.

Qualifications

• Experience in liquidity portfolio management and capital markets execution.
• Strong understanding of asset/liability management, liquidity risk, and interest rate risk.

Responsibilities

• Execute and manage derivative strategies for secured funding, unsecured debt, and balance sheet exposures.
• Oversee hedge designation, effectiveness testing, and hedge accounting compliance.
• Monitor derivative valuation, counterparty exposure, and collateral requirements.
• Structure and coordinate issuance of secured ABS, warehouse facilities, and unsecured debt transactions.
• Lead ALCO reporting and governance communications.

Skills

Capital markets

Derivatives strategy

Hedging strategies

ALCO governance

Debt issuance

Liquidity management

Financial analysis

Presentation to leadership

Education

Bachelor's degree in Finance or Business

Job description

Navient CorporationThis is a hybrid role based in our Herndon, VA office.The Capital Markets Manager is a hands-on, front‑office role responsible for executing the company’s funding strategy across derivatives, debt issuance, and liquidity management. This role sits at the center of capital markets activity—actively structuring and executing transactions, managing interest rate exposure, and working directly with bank trading desks to manage risk and funding costs.You’ll lead the execution of derivative strategies tied to secured and unsecured funding and existing balance sheet exposures, including real-time monitoring of positions, valuations, and counterparty exposure. You’ll also play a key role in bringing transactions to market—working closely with internal partners, banks, and investors to structure and execute ABS, warehouse, and unsecured debt deals from origination through post‑issuance.This is a fast-paced, execution-heavy role with direct impact on the business. You’ll operate with a high degree of ownership, contributing to lending strategy, pricing, and funding decisions, while partnering with ALCO and senior leadership on liquidity, risk, and capital allocation. Success in this role requires strong technical depth, comfort working in the market in real time, and the ability to operate independently in a high-volume environment.This is an open level role. Final level will be determined based on the selected candidate’s experience and qualifications.Areas of ResponsibilityDerivatives Strategy, Execution, and Hedge AccountingExecute and manage derivative strategies supporting secured funding, unsecured debt, and existing balance sheet exposures.Oversee hedge designation, effectiveness testing, and compliance with applicable hedge accounting standards.Monitor derivative valuation, counterparty exposure, collateral requirements, and related internal and external reporting.Debt Issuance and Capital Markets ExecutionStructure, monitor, and support issuance of secured ABS, warehouse facilities, and unsecured debt transactions.Coordinate deal execution with internal stakeholders, bank syndicates, investors, legal counsel, and external advisors.Oversee post‑issuance compliance, investor reporting, and ongoing performance monitoring.Lending Program Finance and Funding EconomicsProvide capital markets–focused financial support for lending programs, including product development and pricing strategy.Monitor portfolio performance, funding efficiency, and spread performance across lending products.Maintain and refine funding cost assumptions to support forecasting, capital planning, and profitability analysis.Asset & Liability Management, Liquidity, and Capital OversightLead enterprise asset and liability management and liquidity risk oversight in alignment with ALCO, Derivative, and Investment Policies.Execute ALCO‑approved ALM strategies, including investment portfolio management and interest rate risk positioning.Monitor liquidity, funding capacity, and credit exposure across instruments, structures, and counterparties.Ensure disciplined, timely execution of capital markets transactions in compliance with governance and control requirements.Manage capital return activities and deliver clear reporting to senior leadership and governance committees.Required QualificationsThis role is open to mid- senior level experience; final level will be determined based on the selected candidate’s experience and qualifications.Bachelor’s Degree- Business Administration, Finance, Economics or similar field.Experience in liquidity portfolio management, derivatives and hedging strategies.Experience in mid to large capital markets.Proven experience in a capital markets environment with emphasis on asset/liability management, debt issuance and derivative execution.Preferred QualificationsInvestor and/or corporate communications.Treasury operations or related banking experience.Actuary experience.Key CapabilitiesDemonstrated expertise in capital markets funding, including secured ABS, warehouse facilities, unsecured debt, and related derivatives.Strong understanding of asset and liability management, liquidity risk, interest rate risk, and ALCO governance frameworks.Proven ability to execute capital markets and derivative transactions within approved policies, limits, and control environments.Experience supporting hedge accounting activities, including documentation, effectiveness analysis, and coordination with Accounting.Advanced financial analysis skills, including funding cost analysis, liquidity monitoring, interest rate exposure, and portfolio performance assessment.Ability to prepare clear, concise reporting and analysis for ALCO, senior leadership, FP&A, Accounting, and governance committees.Comfortable presenting to and speaking before large audiences, including employees, senior leadership, and Board or committee members.Strong judgment, execution discipline, and ability to manage multiple priorities in a regulated, highly controlled environment.In addition to meaningful work, Navient offers a benefits package designed to support balance, flexibility, and long‑term wellbeing.Benefits designed with balance in mind.Navient’s benefits are thoughtfully designed to support employees from day one, with an emphasis on stability, flexibility, and long‑term support. From health coverage to financial security and time away, our approach is simple: provide meaningful support that helps work feel sustainable.What’s included:Paid time off that begins accruing on Day 1, plus My Day and paid company holidays.Medical, dental, and vision coverage for eligible employees and dependents, with access to health advocacy support.A 401(k) plan with employer match to support long‑term financial security.Company‑paid basic life insurance and short‑ and long‑term disability coverage.Employee Assistance Program (EAP) and wellbeing resources, including digital health and chronic‑condition support.Family planning resources.Pet insurance.Learning, development, and career growth opportunities through tuition reimbursement and our e-learning platform.IMPORTANT NOTICES:All offers of employment are contingent on standard background checks. Depending on the needs of our business, the successful candidate may be subject to further background checks to determine eligibility and suitability.EOE Race/Ethnicity/Sex/Disability/Protected Vet/Sexual Orientation/Gender Identity. Navient Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.Navient is a drug free workplace.