Capital Finance Manager
Milwaukee, WI - USA
Job Summary
The City of Milwaukee is proud to employ a workforcededicated to delivering exceptional service to its residents. If you have apassion for being a part of an inclusive team of public servants pleaseconsider the following opportunity.
The Capital Finance Manager in the Comptrollers Officeanalyzes complex financial data aids in fiscal decision-making and policydevelopment and manages the Citys debt portfolio.
Debt Structure and Issuance
- Design and implement alternative financing structures that meet City regulatory and legal constraints.
- Manage and coordinate outside professionals in the debt issuance process.
- Prepare and assemble City debt documents.
- Explain proposed financings to the Budget Office Common Council Public Debt Commission rating agencies credit enhancers banks purchasers and investors.
- Implement the borrowing portion of the Citys adopted budget by preparing introducing supporting and monitoring the passage of numerous resolutions required to implement borrowing approved in the Citys annual budget.
- Carry forward unused prior borrowing authorizations into the current year.
Public Debt Management and Planning
- Maintain a database of information on debt issued and authorized to be issued.
- Maintain the Citys post-issuance compliance with Internal Revenue Service (IRS) and U.S Securities and Exchange Commission (SEC) rules and regulations including Continuing Disclosure requirements.
- Ensure the City complies with debt covenants.
- Prepare maintain and update debt-related policies.
- Remain current on changes in federal state IRS SEC and Municipal Securities Rulemaking Board (MSRB) laws and regulations and their impact on debt issuance.
- Monitor outstanding debt and other financial obligations.
- Manage the Public Debt division staff to grow staff capabilities.
Data Analysis and Administration
- Conduct project research and analysis including reviewing analyzing and commenting on proposed legislation.
- Analyze and assist other entities where the Citys Comptroller is a Board Member.
- Provide staff support for the Public Debt Commission.
- Prepare and review the budget for Debt Service and the Division.
- Write Requests for Proposals (RFP) to engage outside professionals including Bond Counsel Disclosure Counsel Municipal Advisor Underwriters and Bank Lines; review responses and recommend selection.
- Adjust services and expectations with the Citys changing needs.
- Analyze and determine how Small Business Enterprise (SBE) firms can be developed into lead firms; implement the program.
We welcome qualified individuals with disabilities who areinterested in employment and will make reasonable accommodations during thehiring process in accordance with the Americans with Disabilities Act (ADA) of1990 as amended by the Americans with Disabilities Act Amendments Act (ADAAA)of 2008.
- Bachelors degree in finance economics accounting public administration or a closely related field from an accredited college or university.
- Five years of progressively responsible professional-level finance experience.
Equivalent combinations of education and experience may beconsidered.
- Public finance experience.
- Completion of Series 50 Municipal Advisor Representative Exam Certification.
- Experience accompanied by the Series 7 or 53 securities license.
- Certified Public Accountant (CPA).
- Chartered Financial Analyst (CFA).
Technical
- Knowledge of financial markets fixed income capital markets and publicly traded securities.
- Knowledge of federal and state municipal bond law banking regulations and the IRS code and regulations regarding the issuance of tax-exempt bonds (section 103 and section 148).
- Knowledge of state and local laws regarding the issuance of debt.
- Knowledge of SEC regulations and marketplace conventions.
- Knowledge of MSRB rules and regulations.
- Knowledge of banking regulations regarding corporate trust operations the Fed wire system and clearing of security transactions.
- Ability to understand and interpret risk/reward characteristics of debt and debt-like instruments.
- Ability to conduct quantitative modeling and quantitative analysis.
- Ability to read and interpret job-related materials including financial statements laws code and regulations.
- Knowledge of mathematical principles and the ability to make accurate calculations.
- Skill in managing large and complex quantities of data and information.
- Proficiency using standard computer software and programs such as word processing spreadsheet and financial software systems and databases.
Communication and Interpersonal
- Effective verbal communication skills to convey information clearly including presenting financial data to policymakers.
- Written communication skills to prepare clear and concise business correspondence and reports including the ability to prepare executive summaries and other written communications for senior management and Common Council members.
- Ability to effectively communicate complex debt concepts both verbally and in writing.
- Ability to work cooperatively and fairly with people whose backgrounds may differ from ones own.
Judgment and Professionalism
- Ability to solve and manage problems independently with a high degree of accuracy.
- Ability to think critically and analytically to problem-solve make decisions and use sound judgment.
- Ability to work effectively under pressure and tight time constraints to produce high-quality products.
- Ability to maintain composure during stressful situations.
- Professionalism integrity and the ability to maintain confidentiality.
- Ability to serve as an effective steward of City resources.
The current salary range (Pay Range 2SX) is$125201-$169379annually and the resident incentive salary range for City of Milwaukeeresidents is$130209-$176154annually. Appointment abovethe minimum is possible based upon level of experience and other qualificationsand is subject to approval.
BENEFITS
The City of Milwaukee provides a comprehensive benefit programthat includes the following:
- Wisconsin Retirement System (WRS) Defined Benefit Pension Plan
- 457 Deferred Compensation Plan
- Health and Dental Insurance
- Paid Parental Leave
- Comprehensive Wellness Program
- Onsite Clinic Services
- Onsite Employee Assistance Program
- Alternative Work Schedules
- Long Term Disability Insurance
- Group Life Insurance
- Tuition Benefits
- Paid Vacation
- 12 Paid Holidays
- Paid Sick Leave and other paid leaves
- Flexible Spending Arrangement
- Commuter Value Pass
For full details of the benefits offered by the City ofMilwaukee please visit Process THE SELECTION PROCESSwill be job-related and willconsist of one or more of the following: an evaluation of educationexperience and/or responses to supplemental questions; a written orperformance test a structured interview or other assessment methods. TheDepartment of Employee Relations reserves the right to call only the mostqualified candidates to structured interviews and performance interviews may include written exercises. Selection processcomponent weights will be determined by further analysis of the job. INITIAL FILING DATE-The selection process willbe held as soon as practical after the deadline listed above. Receipt ofapplications may be discontinued at any time after this date without priornotice. However recruitment may continue until the Citys needs have been applicants will be notified of the date time and place of theselection process components. Unless otherwise required by law the City ofMilwaukee will not provide alternative dates or times for the selection applicant is responsible for attending all phases of the job selectionprocess at the time and place designated by the City of Milwaukee. EEO 202 The City of Milwaukee values and encourages diversity and isan equal opportunity employer.
Required Experience:
Manager
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