Manager - Funds Transfer Pricing

Charles Schwab; Westlake (TX); On-site; USD 86,000 - 150,000; Full time

Benefits offered by this job

401(k) with company match and Employee

Stock purchase plan

Paid time off

Sabbatical after 5 years

Parental leave and family benefits

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab in Westlake, TX is seeking a Treasury professional focused on funds transfer pricing within our Corporate Treasury division. This role develops and implements an updated FTP framework and infrastructure, collaborating with portfolio managers, risk partners, and product leaders to optimize risk-adjusted returns.

You will build analytics and reporting capabilities, support monthly FTP production, and help educate stakeholders on the FTP framework while contributing to a

Qualifications

• 2+ years of experience in treasury, funds transfer pricing, interest rate risk, finance, and/or ALM roles with progressive levels of responsibility.
• 4+ years of general finance experience.
• Experience using coding languages to automate and improve finance processes.
• Familiarity with industry-leading FTP methodologies.
• Excellent written and oral communication skills.
• Strong emotional intelligence and executive presence.
• Client-focused; able to build relationships and establish trust quickly.
• Ability to lead cross-functional projects with multiple workstreams.

Responsibilities

• Assist in the development and implementation of a new funds transfer pricing framework and methodology.
• Collaborate with investment portfolio managers, risk partners, and product leaders to influence risk-return optimization.
• Develop analytics and reporting capabilities, including decomposition of net interest margin by lines of business and Treasury Center.
• Support FTP methodology, monthly production and analytics, and new approaches for existing and new products.
• Articulate the value of changes to gain alignment on the FTP framework across leaders.
• Help build an FTP curriculum for stakeholders on FTP applications and use cases.
• Lead the development of models and infrastructure to support the new FTP framework.
• Work cross-functionally to source data and build holistic FTP infrastructure.

Skills

Treasury

Funds Transfer Pricing

Finance

ALM

Coding

Communication

Emotional intelligence

Cross-functional collaboration

Relationship building

Education

Bachelor's degree

Advanced degree preferred

Tools

PolyPaths

Calypso

QRM

ALM software

Job description

Pay range

USD $85,500.00 - $150,000.00 / Year

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 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 overall team manages fixed‑income investments in several portfolios totaling over $200 billion, with approximately $500 billion in total balance sheet assets.

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 is an individual contributor role where you will be able to grow your expertise through consistent challenges, with the backing of passionate leaders who will value your contributions and prioritize your development.

What you have

• 2+ years of experience in treasury, funds transfer pricing, interest rate risk, finance, and/or ALM roles with progressive levels of responsibility.
• 4+ years of general finance experience.
• Experience using coding languages to automate and improve finance processes.
• Familiarity with industry-leading FTP methodologies.
• 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 multitask across multiple projects and deliverables while remaining calm in a potentially stressful environment.
• 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.
• Ability to help lead a cross‑functional project, managing numerous workstreams and stakeholders.
• An undergraduate degree is required; an advanced degree is strongly preferred.
• Experience working with large, complex datasets a plus.
• Experience in establishing a control framework to mitigate process risk a plus.
• Experience with PolyPaths, ALM, QRM, Calypso, or other funds transfer pricing or ALM software is a plus.
• Fixed‑income investment modeling and analytics knowledge a plus.
• Professional certification, such as CFA, FRM, or PRM, preferred.

Key Outcomes

Assist in the development and implementation of a new funds transfer pricing framework and methodology.

• Collaborate with investment portfolio managers, risk partners, and product leaders to help influence the risk‑return optimization mandate.
• Develop a suite of analytics and reporting capabilities, including the decomposition of net interest margin by lines of business, products, and the Treasury Center.
• Support FTP methodology, monthly production and analytics, and the development of new approaches and ideas for both existing methodologies and new products.
• Clearly articulate the background and value of key changes, influencing leaders from across the organization to gain alignment on the FTP framework.
• Help build an FTP curriculum and educate key stakeholders on the application and use cases for FTP to drive business‑line‑led net interest income optimization and understanding.
• Lead the development of models and infrastructure to support the new FTP framework.
• Work cross‑functionally to source data and build our holistic future‑state FTP infrastructure.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

What's in it for you

At Schwab, you're empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration-so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you - both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance