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We are looking for an experienced Assistant Debt Manager to oversee the management of municipal debt obligations for the City of Cleveland. This role involves supervising financial activities, ensuring compliance with debt-related regulations, and maintaining accurate records of outstanding liabilities. The ideal candidate will have a strong background in financial management, particularly in bond and debt administration.
Job Responsibility:
Manage the operations of the Sinking Fund, ensuring proper administration and usage for bond retirement
Coordinate the issuance process for municipal bonds and notes, including preparation of related legislation
Maintain detailed and accurate records of all outstanding municipal debt obligations through their maturity
Ensure timely payment of principal and interest on the City's debt obligations
Oversee the reconciliation of bond payments to ensure accuracy and compliance
Prepare and review budget information related to debt management
Supervise accounting activities and ensure proper recordkeeping for the Sinking Fund
Ensure compliance with debt covenants and continuing disclosure requirements
Collaborate on the preparation of debt-related sections for the City's annual audit
Requirements:
5+ years of experience within municipal finance
including debt issuance, financial modeling and investment management