Debt Manager

City of Charlotte

$98K — $141K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Public Administration or Business Administration
  • 5+ years of experience in municipal finance or related field
  • Extensive knowledge in debt issuance and financial modeling
  • Familiarity with public debt regulations in North Carolina
  • Prior governmental management experience preferred
  • Strong supervisory skills
  • Exceptional written and oral communication abilities

Responsibilities

  • Analyze financing options for municipal projects
  • Coordinate referenda and debt issuances
  • Manage construction-period financing activities
  • Support debt modeling and affordability analyses
  • Oversee budgeting for the debt service fund
  • Ensure post-issuance legal compliance
  • Collaborate with various City departments and financial entities
  • Supervise the debt management team
  • Prepare reports and presentations for City leadership
  • Attend City Council and related meetings as required

Benefits

  • Comprehensive benefits package for eligible employees
  • Support for professional growth and development
  • Work in a dynamic and growing municipal environment
  • Potential for impactful role in community projects
  • Opportunities for collaboration with local government agencies
Full Job Description
Department: Finance Department

Salary: $98,731.00 - $141,926.09 Commensurate with Experience

SUMMARY
The City of Charlotte is the largest municipality in North Carolina. Charlotte is consistently ranked among the fastest-growing cities in the U.S. With an estimated population of just over 1,000,000, Charlotte is the 14th largest city in the nation.

Also known as the Queen City, Charlotte is home to the Carolina Panthers, the Charlotte Hornets and the NASCAR Hall of Fame. We are committed to ensuring Charlotte remains a truly exceptional place to live, work, learn, and play. Join us in our mission to keep Charlotte thriving and to foster upward mobility and growth across our workforce.

The City of Charlotte Finance Department is seeking a Debt Manager for the Treasury Division. The Treasury Division is responsible for debt management, revenue forecasting, and managing the city's investment portfolio.

The Debt Manager oversees the city's comprehensive debt program providing capital funding for core city operations as well as the city's four enterprise funds. This position is primarily responsible for developing strategies, managing processes, and carrying out plans related to the approximately $6 billion debt portfolio.

Major Duties and Responsibilities
  • Analysis of financing options for municipal capital projects including: Modes of finance, Cost benefit analysis and Long-term strategy development
  • Coordinate referenda and debt issuances, including preparation of required documentation
  • Manage construction-period financing activities.
  • Support debt modeling and debt-affordability analyses.
  • Oversee debt service fund budgeting
  • Ensure post issuance compliance with legal and contractual obligations
  • Collaborate with City departments, Financial Advisors, Underwriters, the Local Government Commission, and Bond Rating Agencies.
  • Supervise staff within the debt management team.
  • Prepare reports and presentations for leadership
  • Attend the City Council and other meetings in person as required


Knowledge, Skills & Abilities

  • Progressive experience in municipal finance or a related field
  • Degree in Finance, Economics, Public Administration or Business Administration
  • Extensive experience in municipal finance including debt issuance, financial modeling, and familiarity with the regulatory framework for public debt in North Carolina
  • Understanding of governmental accounting
  • Prior governmental experience, preferably in management
  • Ability to develop models using spreadsheets
  • Supervisory experience
  • Strong written and oral communication skills


Preferred Qualification
  • Master's degree with three (3) or more years of relevant work experience
  • Local government experience


Minimum Qualifications
  • Bachelor's degree with five (5) or more years of relevant work experience
  • or
  • Master's degree with three (3) or more years of relevant work experience or an equivalent combination of education and relevant experience that provides the necessary knowledge, skills, and abilities to successfully perform the essential job duties.


CONDITIONS OF EMPLOYMENT

The City's Background Check Policy requires background checks to be conducted on final internal or external candidate(s) applying for any position with the City of Charlotte. The type of information that will be collected as part of a background check includes, but is not limited to: reference checks, social security verification, education verification, criminal conviction record check, and, if applicable, a credit history check, sex offender registry and motor vehicle records check.

Background checks must be in compliance with all federal and state statutes, such as the Fair Credit Reporting Act (FCRA). The checks must be consistent with the guidelines set forth by these laws requiring organizations to obtain a candidate's written authorization before obtaining a criminal background report, motor vehicle records check or credit report; and to properly store and dispose of information derived from such reports.

Final candidates must pass a pre-employment drug-screening test and physical examination. During the selection process, candidates may be asked to take a skills test, and/or participate in other assessments.

HOW TO APPLY

Apply online.

You are welcome to visit the City of Charlotte Human Resources Department lobby, where self-service application kiosks are available. They are located in our office at 700 East 4th Street, Suite 200, Charlotte, NC 28202. We are open Monday through Friday, from 9:30 a.m. to 3:30 p.m. (EST), excluding official City holidays.

For questions about your application or the hiring process, please email [email protected].

BENEFITS

The City of Charlotte provides a comprehensive benefits package to eligible employees.

Click here to learn more about the City of Charlotte's benefits.

The City of Charlotte is a drug and alcohol-free workplace.

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