Capital Finance Manager

Job Description

Introduction

The City of Milwaukee is proud to employ a workforce
dedicated to delivering exceptional service to its residents. If you have a
passion for being a part of an inclusive team of public servants, please
consider the following opportunity.

Purpose

The Capital Finance Manager in the Comptroller's Office
analyzes complex financial data, aids in fiscal decision-making and policy
development, and manages the City's debt portfolio.

Essential Functions

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 City's adopted budget
by preparing, introducing, supporting, and monitoring the passage of numerous
resolutions required to implement borrowing approved in the City's 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 City's 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 City's
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 City's 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 are
interested in employment and will make reasonable accommodations during the
hiring process in accordance with the Americans with Disabilities Act (ADA) of
1990, as amended by the Americans with Disabilities Act Amendments Act (ADAAA)
of 2008.

Minimum Requirements

Bachelor's 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 be
considered.
NOTICE: Please do not attach your academic transcripts to
your employment application. The hiring department will verify candidates'
education as part of the background screening process prior to extending any
job offers.

Desirable Qualifications

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).

Knowledge, Skills, Abilities & Other Characteristics

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 one's 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.

Current Salary

The current salary range (Pay Range 2SX) is $125,201-$169,379
annually, and the resident incentive salary range for City of Milwaukee
residents is $130,209-$176,154 annually. Appointment above
the minimum is possible based upon level of experience and other qualifications
and is subject to approval.
BENEFITS
The City of Milwaukee provides a comprehensive benefit program
that 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 of
Milwaukee, please visit https://city.milwaukee.gov/der/benefits.

Selection Process

THE SELECTION PROCESS will be job-related and will
consist of one or more of the following: an evaluation of education,
experience, and/or responses to supplemental questions; a written or
performance test, a structured interview, or other assessment methods. The
Department of Employee Relations reserves the right to call only the most
qualified candidates to structured interviews and performance examinations.
Structured interviews may include written exercises. Selection process
component weights will be determined by further analysis of the job.
INITIAL FILING DATE - The selection process will
be held as soon as practical after the deadline listed above. Receipt of
applications may be discontinued at any time after this date without prior
notice. However, recruitment may continue until the City's needs have been met.
Qualified applicants will be notified of the date, time, and place of the
selection process components. Unless otherwise required by law, the City of
Milwaukee will not provide alternative dates or times for the selection process.
The applicant is responsible for attending all phases of the job selection
process at the time and place designated by the City of Milwaukee.

Additional Information

Applications and further information may be accessed by
visiting www.jobapscloud.com/MIL.
If you would like assistance completing an application,
please contact the Department of Employee Relations at (414) 286-3751 or staffinginfo@milwaukee.gov.
The Department of Employee Relations is in City Hall, 200 E
Wells St, Room 706, Milwaukee, WI 53202.

Conclusion

EEO 202
The City of Milwaukee values and encourages diversity and is
an equal opportunity employer.

Requirements

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 City's
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 City's 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 are
interested in employment and will make reasonable accommodations during the
hiring process in accordance with the Americans with Disabilities Act (ADA) of
1990, as amended by the Americans with Disabilities Act Amendments Act (ADAAA)
of 2008.

Minimum Requirements

Bachelor's 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 be
considered.
NOTICE: Please do not attach your academic transcripts to
your employment