The Finance Division at Carnegie Mellon University is responsible for providing financial management, enterprise planning and stewardship in support of education, research, and strategic goals of the university. As part of the Treasurer’s Office, the Funding and Liquidity Portfolio Manager plays a key role in overseeing the university’s debt capital markets transactions, liquidity investment portfolio, and financial risk management strategies. Reporting to the Treasurer, this role leads debt structuring and issuance, manages short- and intermediate-term liquidity, directs annual credit rating agency reviews, and contributes to balance sheet management strategy.
In this role you will be responsible for developing knowledge of capital markets among team members and promoting critical thinking and thought leadership throughout the Finance Division. Additionally, you will prepare and routinely update procedures for activities conducted in the Treasurer’s Office to ensure business continuity and will be involved in evaluating and mitigating risks across the Finance Division.
Core responsibilities include:
Debt Management - The role requires knowledge of a range of debt management tools including tax-exempt bonds, taxable bonds, commercial paper, and bank lines of credit, and deep experience working in debt capital markets as well as knowledge of broader financial markets.
Play a critical role in managing debt issuance from deal contemplation through execution using the university’s debt management guidelines.
Responsible for developing analysis and presentations that support debt management proposals, including structural recommendations for senior management.
Manage the debt working group during issuance periods.
Negotiate debt terms and oversee document preparation and review with the Office of the General Counsel.
·Participate in the development and proposal of capital expenditure projects, particularly as they relate to the funding strategy
Responsible for maintaining the debt portfolio and ensuring compliance with covenants and reporting requirements, facilitating the smooth incorporation of transactions into operational workflow and performing simulations that stress test financial ratios under various conditions.
Liquidity Management - This position also manages the university’s operating liquidity investment portfolio in accordance with the investment guidelines and supports efficient and uninterrupted investment trade processing with the treasury operations team.
Actively manage money market trading, credit analysis, portfolio management theory, external asset manager oversight and portfolio reporting.
Responsibility for building and maintaining comprehensive frameworks, as well as metrics to measure, analyze, and monitor the university’s liquidity portfolio, including portfolio benchmarking, stress testing, maturity optimization in the context of the university’s cash forecast, and recommending investment strategies. This role closely follows monetary and fiscal policy developments and the associated impact on interest rates.
Relationship & Risk Management - This position also collaborates closely with the university’s Investment Office.
Manage relationships with banks, asset managers, primary dealers, credit rating agencies, and various campus constituencies.
Lead the annual credit rating reviews with S&P and Moody’s. Oversee credit risk management in the liquidity portfolio, financial risk management in the debt portfolio, metrics, and drive strategies that enhance the performance of the university’s balance sheet.
Recommend and lead cross-division initiatives to improve the university’s operating performance.
Adaptability, excellence and passion are vital qualities at Carnegie Mellon. We are searching for a team member who can interact effectively with a varied population of internal and external partners with a high level of integrity. We seek someone who shares our values and will support the university’s mission…