Portfolio Manager, Funding Strategies; Hybrid - Baltimore or Philly

Job Description Summary
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.

• 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 that enhance investment outcomes and long‑term value creation.

• Bachelor’s degree in a quantitative discipline such as finance, economics, or mathematics.
• Eight years of progressive experience in the financial services industry with a 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 ALM within an insurance company environment.
• Strong understanding of fixed‑income markets, funding structures, and capital optimization.
• Strong verbal and written communication skills with the ability to present complex topics to various audiences.
• Demonstrated professionalism, integrity, accountability, and the ability to collaborate effectively across teams.

• Established relationships within capital markets or institutional investor communities.
• Experience with funding agreement structures, including FHLB, FABN, FABCP, and FA .
• Experience managing a large general account portfolio.
• Experience applying AI intelligence solutions to enhance investment or funding capabilities.
• MBA and/or CFA.

• Office Environment.
• Moderate Travel 10–25%.
• Moderate travel for internal meetings.

Salary
The salary for this position generally ranges between $165,000 – $195,000 annually. This range is a good faith estimate and the actual starting pay is determined by factors including qualifications, experience, geography, work location designation, 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 and individual performance, at the company’s discretion.

What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well‑being of our employees.

• Competitive pay.
• Annual bonus (when applicable).
• Pension plan.
• 401(k) match.
• Employee stock purchase plan.
• Tuition reimbursement.
• Disability, medical, dental, and vision insurance.
• Paid time off starting at 160 hours annually for first‑year employees.
• Ten paid holidays per year.
• Wellness program, parental leave, adoption assistance, employee assistance program.
• EBT PTO for volunteer hours.
• Employee resource groups and diversity programs.