Debt Manager

Posting Expires: 5/6/26

Salary Range: $73,268.14- $97,812.97

General Description and Classification Standards:

The Debt Manager oversees operations of a portfolio of municipal debt as wells as works closely with the Treasurer on all debt financing and compliance matters.

This role participates in assuring goals and objectives for the division are achieved through daily operations that include but are not limited to monitoring the portfolio in planning, internal reporting, compliance, accounting, and debt and assist in the analysis and execution of new bond offerings and other financing transactions.

Essential Duties and Responsibilities:

These are typical responsibilities for this position and should not be construed as exclusive or all inclusive.

Debt Portfolio Management:

* Make debt service payments as required by ordinance and bond documents

* Respond to bondholders within 24 hours of request

* Maintain financial requirements for bank credit facilities and continuing covenant agreements

* Manage payments to remarketing agents, paying agent, financial advisor, trustees, rating agencies, bond counsel, and any other pertinent entities associated with the City's debt program

* Maintain compliance with federal tax laws and support arbitrage rebate calculations

* Maintain records per records retention schedule and purge quarterly

Debt Structure and Analysis:

Support debt transaction management by assisting Treasurer and other members of financing team with:

* Preparation of material for consideration by City Council

* Selection of financing team

* Preparation of preliminary and final official statement

* Preparation of rating agency presentations

* Development and implementation of marketing strategy

* Bond pricing and closing

* Manage designated portfolio debt issuances that may include general fund, capital improvement, housing, and enterprise funds on behalf of the City and designated conduit agencies.

Debt Portfolio Management:

* Assist with the execution of sound, prudent, and efficient debt management strategies.

* Manage the portfolio prioritizing issuances in accordance with strategic priorities identified utilizing internal master debt model, DBC database and any other tools used in managing the portfolio.

* Manage all aspects of debt ranging from structure review, budget debt service payments, debt service transfers, bondholder relations, Council agenda, and Official Statement preparation.

* Review closing memorandum/coordinate with Treasury's cash management, investments, etc.

* Prepare mapping of accounting and ensure establishment of general ledger accounts and set-up of budget

* Review transcripts to identify debt covenants and reporting requirements (continuing disclosure, and other requirements)

* Participating in the coordination of investments of bond proceeds in accordance with the City's debt policy

* Execute timely drawdowns of bond proceeds to reimburse the general fund

* Monitor assigned portfolio for refunding existing debt instruments

* Manage compliance with requirements of SEC 15c2-12 (required disclosure of certain financial information on an annual basis)

* Participate in the development of strategies to fund projects and other capital-related items

* Interact with internal City departments to gain understanding of project and cash flow needs

* Monitor and analyze economic trends to support forecasts impact on the City's debt issuances

* Ensure compliance with State of Georgia statutes and City Debt Policies

* Ensure Debt Policies are updated to support Treasurer, CFO, and City Council annually

Reporting & Other:

* Provides extensive standard and custom reporting of accounts and their respective balances

* Participate in compiling Annual Debt Report and Treasury Department submittal to Annual Budget Book

* Prepare responses to Public Requests for Information and Open Records Requests

* Assist in audit reporting for assigned Comprehensive Annual Financial Report footnotes and schedules, testwork/confirmations

Specific Responsibilities may also include providing support in the following areas:

* Debt Modeling

* Quarterly Reporting

* State and City Legislative Review

* Attendance at FEC Pre-Briefings, FEC Meetings, and Full Council Meetings, as needed

* External/Internal Audit Findings

* Infrastructure Bond Affordability and Analyses

* Bond Financing Support and Rating Agency interaction

* Special Ad-hoc Projects

* Treasury Management System Implementation and Upgrade

Knowledge

Skills and Abilities:

This is a partial listing of necessary knowledge, skills, and abilities required to perform the job successfully, it is not an exhaustive list.

* Excellent writing and communication skills

* Advanced Excel and Data Analysis skills including V Look Up, Pivot Tables, Sum IF statements, Macros

* Presentation skills including MS Power Point

* Strong track record of accuracy and attention to detail

Experience with Oracle

* Demonstrated understanding of financial markets and processes

* Ability to understand, communicate and explain variance drivers

*…