Manager - Funds Transfer Pricing or Balance Sheet Management

Charles Schwab; Lone Tree (CO); Hybrid; USD 120,000 - 170,000; Full time

Benefits offered by this job

Hybrid work model

401(k) with company match

Paid time off

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab is seeking a Treasury Funds Transfer Pricing specialist to help develop and implement a new FTP framework and related infrastructure. You will lead model development and collaborate across teams to source data for a future-state FTP platform, building analytics and reporting capabilities that illuminate the net interest income impact by business lines.

The role emphasizes cross-functional collaboration, advanced analytics, and clear communication with senior leaders.

Qualifications

• 2+ years in treasury, funds transfer pricing, interest rate risk, finance, or ALM roles with progressive responsibility.
• 4+ years of general finance experience.
• Experience with automation and coding to improve finance processes.
• Familiarity with FTP methodologies and cross-functional project leadership.

Responsibilities

• Lead development of models and infrastructure to support the new FTP framework.
• Source data across functions to build a holistic FTP infrastructure.
• Develop analytics and reporting capabilities, including NIM decomposition by line of business.
• Support FTP methodology, monthly production, and new approaches for products.
• Educate stakeholders on FTP use cases to drive net interest income optimization.

Skills

Treasury

Funds Transfer Pricing

ALM

Data analysis

Cross-functional leadership

Communication skills

Coding / automation

Executive presence

Education

Bachelor's degree

Advanced degree preferred

CFA/FRM/PRM preferred

Tools

Tableau

PolyPaths

Calypso

QRM

ALM software

Job description

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 leader

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 with visualization tools such as Tableau is a plus.
• 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.

What You’ll Do

Key Outcomes

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

• 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.
• Develop a suite of analytics and reporting capabilities, including 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.
• 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.
• Clearly articulate the background and value of key changes, influencing leaders from across the organization to gain alignment on the FTP framework.
• 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 position 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