Sr. Manager – Funds Transfer Pricing

Charles Schwab; Westlake (TX); Hybrid; USD 150,000 - 190,000; Full time

Benefits offered by this job

401(k) match

Employee stock purchase plan

Paid time off (PTO)

Sabbatical after 5 years

Parental leave

Tuition reimbursement

Health, dental, vision insurance

Job summary

Charles Schwab seeks a senior treasury professional to lead the design and implementation of a best-in-class funds transfer pricing framework. You will manage cross-functional initiatives, refine methodology, and build dashboards to support risk and profitability decisions.

A strong background in FTP, treasury modeling, and stakeholder leadership is essential. Applicants should have an undergraduate degree with advanced credentials preferred and a track record of driving strategic treasury

Qualifications

• 8+ years in treasury or ALM roles with increasing responsibility.
• Experience developing FTP methodologies and Treasury Center leadership.
• Strong Python and data analytics capabilities.

Responsibilities

• Lead development of a new FTP framework and methodology.
• Establish FTP policy and transfer-rate methodologies aligned to market rates.
• Build analytics and reporting for NIM decomposition by line of business.
• Educate stakeholders on FTP use cases to optimize net interest income.
• Collaborate with portfolio managers, risk partners, and product leaders.
• Ensure the FTP methodology is robust and well understood across the organization.

Skills

Treasury experience

Funds transfer pricing

FTP methodologies

Python

Stakeholder management

Executive communication

Education

Undergraduate degree required

Advanced degree preferred

CFA/FRM/PRM preferred

Tools

Python

Treasury modeling tools

Analytics dashboards

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 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.

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