Investment and Banking Services Manager - Investment and Debt Manager

ABOUT THIS POSITION

The Finance Department has a vacancy for an Investment and Banking Services Manager working under the general administrative direction of the Deputy Finance Director. This position is responsible for the planning, directing, managing, and overseeing of the Finance Payment Center; along with the City’s cash and investments. This position has considerable latitude to exercise professional discretion within the parameters of the City’s ordinances, rules, regulations, policies, procedures, and other guidelines.

Additional responsibilities include providing centralized guidance and coordination of the City’s banking and merchant services, policies, and procedures for cash handling and PCI compliance; interacting with internal and external sources to provide financial expertise to management, departments, and internal and external boards and committees; and meeting with external industry professionals, financial and technology experts, and compliance and financial auditors for banking and merchant services.

KEY DUTIES

• Oversee the investment and management of the City's investment portfolios.
• Manage the City’s banking relationship by evaluating service levels and making recommendations for new products and enhancements.
• Supervise and coordinate the work of professional-level investment and accounting staff;
• Provide oversight to the Finance Payment Center by determining best practices over physical security and cash handling policies; and distribute the guidance Citywide.
• Provide accounting, financial, and analytical expertise to management and departments through email, spreadsheets, presentations, or written reports.
• Provide PCI guidance to City departments and ensure City’s compliance with PCI DSS by acting as the liaison between the City’s bank the internal PCI team at the City.
• Work with Finance management to ensure appropriate policies are developed, documented, and articulated to departments and external entities.
• Coordinate and conduct presentations to external boards and committees.
• Draft and negotiate banking, investment, and cashiering system contracts and amendments.
• Manage upgrades and product implementations for the City’s centralized cashiering system and new bank products.
• Provide highest level of customer service to the City’s external and internal customers; to include researching complex issues and resolving elevated customer concerns.
• This recruitment and any interview process as a result of this recruitment may be used by multiple hiring managers and multiple departments throughout the City to fill any related current or future vacancies; other recruitments and appropriate eligible lists may also be considered.

IDEAL CANDIDATE

• Possess considerable knowledge of fixed income investments; banking and merchant services; and cashiering operations and systems;
• Ability to research and analyze complex data and provide recommendations to the Finance management;
• Ability to present ideas clearly and concisely; and communicate effectively with peers and internal customers;
• Ability to plan, organize, prioritize time and workload effectively with attention to detail;
• Ability to work and resolve issues independently.
• Proficient with SAP and Office products including Word, Excel, and Powerpoint.

SALARY

• $77,251 - $117,291 annually. Candidates may be hired above the minimum depending upon qualifications.

A comprehensive benefits package is offered which includes traditional pension with employer and employee contributions; choice of medical HMO, PPO, or HSA/HDHP plan; wellness incentive of up to $720 annually; dental; vision; life insurance; long-term disability; 401(a) and 457 plans; medical enrollment includes a monthly $150 City contribution to a Post-Employment Health Plan; bus/light rail pass; tuition reimbursement program; paid time off includes 11.5 paid holidays, 12 vacation days, and 15 sick days and personal leave days. For more details, visit:

Unit 7 – Supervisory/Professional Benefits

Pension Information

MINIMUM QUALIFICATIONS

• Three years of professional experience in governmental capital financing, debt management, investment and securities, accounting, or auditing;
• One year supervising professional-level staff;
• Bachelor's degree in finance, accounting, business administration, economics, or a related field.
• An equivalent combination of related experience and education may be considered.
• The City job description can be found here.
• All finalists for positions are subject to a criminal background check applicable to the department or position.

For information regarding pre-screening and driving positions, click here.

PREFERRED QUALIFICATIONS – The minimum qualifications listed above, plus:

• Experience with fixed income investments, banking and merchant services, and PCI compliance.
• Experience communicating to external boards and committees; and financial and technology experts.
• Experience with financial accounting systems; and accounts receivable and cashiering systems.

RECRUITMENT DATES

• Recruitment closes August 30, 2021. All materials must be received by 11:59 p.m. on this date.

HOW TO APPLY

• Apply online https://www.phoenix.gov/hr/current-jobs/ by completing the required information and attaching, as one document, your cover letter and resume. Please include your experience as it relates to the qualifications stated above. Only the highest qualified may be posted to the eligible to hire list. The results of the resume screening process will be sent to your primary email address.

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REFERENCE

• Investment and Debt Manager, Job Code: 03390, ID#41397
• City of Phoenix employees commit to Work Smart, Spend Wisely, Be Kind.
• City of Phoenix is an equal opportunity employer. AmeriCorps, Peace Corps, and other national service alumni who meet the required qualifications are encouraged to apply.