Portfolio Manager, Funding Strategies (Hybrid - Baltimore or Philly)
Full Time
Asset Management
United States
Manages the day-to-day execution of Transamerica's funding strategy, ensuring reliable and cost-effective access to liquidity across market conditions. Supports the design and implementation of new operational leverage programs to enhance financial flexibility, optimize risk-adjusted returns, and enable efficient asset warehousing.
Responsibilities
- Manage day‑to‑day activities of liquidity, spread investment, and asset warehouse strategies.
- Optimize cost of funds while maintaining appropriate liquidity buffers and targeted asset and liability management (ALM) profile.
- Oversee collateral usage and related facility capacity to ensure seamless capital efficient execution of strategies.
- Monitor funding market developments and assess impacts on liquidity, capital structure, and execution strategy.
- Assist in design and implementation of new structures and facilities, ensuring operational readiness and platform scalability.
- Maintain relationships with investment banks, institutional investors, and rating agencies.
- Partner with internal and external stakeholders to support strategic initiatives enhance investment outcomes and long-term value creation.
Qualifications
- Bachelor’s degree in quantitative discipline such as finance, economics, mathematics
- Eight years of progressive experience in financial services industry with focus on funding or capital market strategies
- Experience with operational leverage programs, including institutional funding products or liquidity facilities
- Strong knowledge of portfolio management, hedging strategies, liquidity management, and asset and liability management (ALM) within an insurance company environment
- Strong understanding of fixed income markets, funding structures, and capital optimization
- Strong verbal and written communication skills with ability to present complex topics to various audiences
- Demonstrated professionalism, integrity, accountability, and ability to collaborate effectively across teams
Preferred Qualifications
- Established relationships within capital markets or institutional investor communities
- Experience with funding agreement structures, including Federal Home Loan Bank (FHLB), Funding Agreement‑Backed Notes (FABN), Funding Agreement‑Backed Commercial Paper (FABCP), and Funding Agreement‑Backed Repurchase Agreements (FABR)
- Experience managing a large general account portfolio
- Experience applying AI intelligence solutions to enhance investment or funding capabilities
- MBA and/or CFA
Working Conditions
- Office Environment
- Moderate Travel 10 to 25%
- Moderate travel for internal meetings
The Salary for this position generally ranges between $165,000 - $195,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.