Funding and Liquidity Portfolio Manager - Finance Division

Carnegie Mellon University•Pittsburgh, PA

10d•Onsite

About The Position

The Funding and Liquidity Portfolio Manager is part of Carnegie Mellon University’s Finance Division and Treasurer’s Office. Reporting to the Treasurer, the role oversees university debt capital markets transactions, the liquidity investment portfolio, and financial risk management strategies. It leads debt structuring and issuance, manages short- and intermediate-term liquidity, directs annual credit rating agency reviews, and contributes to balance sheet management strategy. The position develops capital markets knowledge among team members and promotes critical thinking and thought leadership throughout the Finance Division. It prepares and updates Treasurer’s Office procedures to support business continuity and evaluates and mitigates risks across the division. The role manages debt issuance from consideration through execution, develops analyses and presentations to support debt proposals and structural recommendations, manages the debt working group during issuance, negotiates debt terms, and oversees document preparation and review with the Office of the General Counsel. It maintains the debt portfolio, monitors covenant and reporting compliance, supports transaction integration into operational workflows, and performs financial-ratio stress simulations. It also participates in developing and proposing capital expenditure projects, particularly their funding strategies. The position manages the university’s operating liquidity investment portfolio in accordance with investment guidelines and supports investment trade processing with treasury operations. It oversees money market trading, credit analysis, portfolio management, external asset managers, and portfolio reporting. It builds and maintains frameworks and metrics for monitoring the portfolio, including benchmarking, stress testing, maturity optimization in coordination with the university’s cash forecast, and investment strategy recommendations. It follows monetary and fiscal policy developments and their effects on interest rates. The role manages relationships with banks, asset managers, primary dealers, credit rating agencies, and campus constituencies; leads annual reviews with S&P and Moody’s; oversees credit and financial risk management in the liquidity and debt portfolios; and leads strategies to improve balance-sheet performance and cross-division operating performance. The successful candidate will bring critical thinking, attention to detail, creativity, strategic judgment, adaptability, integrity, and the ability to explain complex financial-market developments to leadership in an understandable and actionable way. A bachelor’s degree in Business, Finance, or Economics and at least eight years of progressively responsible relevant professional experience are required. A master’s degree is preferred, and progress toward an MBA or CFA designation is required. Comparable knowledge demonstrated through a combination of education and relevant experience may be considered. Successful completion of a pre-employment background check is required. Applicants must already be legally authorized to work in the United States; the university will not sponsor or assume sponsorship of an employment visa for this opportunity.

Requirements

Bachelor’s degree in Business, Finance, or Economics, or comparable knowledge demonstrated through a combination of education and relevant experience.
At least eight years of progressively responsible professional experience in asset management, banking, finance, or capital markets.
Experience building and implementing quantitative finance models.
Experience designing data analytics for visualization and decision-making.
Progress toward a Master of Business Administration or Chartered Financial Analyst designation.
Exceptional critical-thinking skills and attention to detail.
Ability to think creatively and strategically while adapting to changing internal priorities and external market conditions.
Ability to communicate complex financial-market developments to leadership in an understandable and actionable manner.
Superior integrity and demonstrated ability to recognize and manage financial risks in the context of controls and audit needs.
Successful completion of a pre-employment background check.
Must be currently legally authorized to work in the United States; Carnegie Mellon University will not sponsor or assume sponsorship of an employment visa for this opportunity.

Nice To Haves

Master’s degree preferred.

Responsibilities

Lead debt issuance from deal consideration through execution under the university’s debt management guidelines.
Develop analysis and presentations supporting debt management proposals, including structural recommendations for senior management.
Manage the debt working group during issuance periods.
Negotiate debt terms and oversee debt document preparation and review with the Office of the General Counsel.
Participate in developing and proposing capital expenditure projects, particularly with respect to funding strategy.
Maintain the debt portfolio and ensure compliance with covenants and reporting requirements.
Facilitate the incorporation of debt transactions into operational workflows and conduct simulations to stress test financial ratios under varied conditions.
Manage the university’s operating liquidity investment portfolio in accordance with investment guidelines.
Support efficient and uninterrupted investment trade processing with the treasury operations team.
Manage money market trading, credit analysis, portfolio management, external asset manager oversight, and portfolio reporting.
Build and maintain frameworks and metrics to measure, analyze, and monitor the liquidity portfolio, including benchmarking, stress testing, maturity optimization, and investment strategy recommendations.
Follow monetary and fiscal policy developments and assess their impact on interest rates.
Manage relationships with banks, asset managers, primary dealers, credit rating agencies, and campus constituencies.
Lead annual credit rating reviews with S&P and Moody’s.
Oversee liquidity portfolio credit risk management, debt portfolio financial risk management, and related metrics.
Develop strategies to enhance the university’s balance sheet performance.
Recommend and lead cross-division initiatives to improve the university’s operating performance.
Develop capital markets knowledge among team members and promote critical thinking and thought leadership in the Finance Division.
Prepare and routinely update Treasurer’s Office procedures to support business continuity.
Evaluate and mitigate risks across the Finance Division.