Portfolio Manager, Funding Strategies (Hybrid - Baltimore or Philly)

About this role

Job Family Investment Management About Us  

  At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.   

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.  

Who We Are  

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life .   

Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.  

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.  

What We Do  

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate , which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.  

Transamerica employs nearly 7 ,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. * For more information, visit transamerica.com .   

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. Job Description 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.

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.    Compensation Benefits  • Competitive Pay 

• Bonus for Eligible Employees 

  Benefits Package  • Pension Plan 

• 401k Match

• Employee Stock Purchas

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