Director, Treasury Investment & Debt Management & Special Projects

POSITION SUMMARY

Reporting to the Treasurer, the Director of Investment and Debt Management will be responsible for developing and executing CHA’s capital markets strategy as well the associated investment portfolio, with a focus on optimizing the company’s cost of capital, maintain adequate liquidity, and managing financial risk. The position requires a deep understanding of capital markets, financial risk management and public finance principles. In partnership with the Treasurer, this role also is responsible for the development, implementation, and management of key initiatives and Special Projects for the Treasury organization, helping to solve complex business issues from strategy to execution. The position will encourage and champion the continuous improvement of the treasury organization around people, processes and systems. This role has 1 direct report.

DUTIES AND RESPONSIBILITIES

· Develop and execute the company’s capital markets strategy, including both short-term and long-term debt financing as well as risk management strategies with the Treasurer

· Provide day-to-day management for all aspects related to the capital and Debt Management areas such as optimal capital structure, cash forecasting, borrowings and investments as well as control

· Assist in developing CHA’s policies and processes in related to capital and financing activities while orchestrating detailed funding and risk management procedures for such activities

· Stay up to update capital market trends, regulatory changes, industry developments; Monitor and evaluate the performance of existing debt structure and make recommendations to optimize the company’s capital structure and reduce interest expense while maintaining adequate liquidity

· Act as the subject matter expert on credit solutions, managing line of credit and loan operations and covenant; perform compliance calculations, as needed

· Assist in developing and managing relationships with lenders, investors, banks and credit rating agencies

· Assist the Treasurer with the analysis and execution of all capital markets and liability management activities such as new issuance, refinancing, repricing, extension etc.

· Assure access to the capital credit markets and manage interest rate risk exposure associated with funding and financing options

· If necessary, assist the Treasurer navigate the debt issuance process from start to finish, including preparing financial statements and regulatory fillings to coordinating with underwriters and investors

· Coordinate the structuring and issuance of short-term and long-term debt at appropriate intervals and in reasonable amounts that support approved capital expenditures

· Co-lead working capital optimization initiatives to help improve processes and procedures to maximize valuation creation with minimum impact to suppliers and customers

· Develop and maintain financial models for long-term liquidity forecast, interest expense, cash flows, weighted average cost of capital, debt maturities etc. to support financial decision making

· Manage timely payments of all debt obligations and monthly and quarterly deliverables, ensuring compliance with regulatory requirements

· Manage the investment of the capital/bond portfolio to be liquidity and yield effective

· Develop and execute the evaluation, financial, and operational strategy for various projects across treasury operations, including business rationale, financial projections, risk assessment and financial implications

· Assist the Treasurer with the preparation of management presentations to internal executive/senior management, Board/Committee as well as investment bankers, investors, rating agencies and vendors

· Lead and influence across teams and functions to deliver on the Treasury and CHA priorities

· Work closely with internal stakeholders, including the executive team, legal and Finance and business units, to ensure that the company’s capital markets strategy aligns with its overall business objectives

· Partner with Finance to ensure sufficient funding through formation and management of the annual capital plan and market financing strategies

· Provide financial and treasury expertise to business units when capital improvement initiatives arise.

· Advise on corporate cash flow projection inputs associated with capital funding and financing

· Prepare and present financial reports, performance summaries, dashboards and key performance metrics (KPIs) etc and monitor status of key initiatives across treasury operations

· Coordinate with other Treasury Directors for the audit and control activities

· Co-lead treasury IT projects to automate and improve processes of financial and treasury systems

· Create and maintain various financial analyses and lead ad hoc treasury projects as needed

· Direct the activities of the team, providing constructive feedback and fostering opportunities for additional training to improve team and individual staff performance; manage recruitment efforts as needed

QUALIFICATIONS

This position requires a minimum of a bachelor's degree in Finance, Accounting or a related business field, CPA, CFA or MBA preferred. A minimum of seven (7) years of progressive experience in treasury operations and/or banking required, at least five (5) years in a managerial capacity. Strong financial acumen and understanding of treasury and financial management principles. The candidate must have significant debt and investment management experience and familiarity with the U.S government and policy in local, state, and federal government operations. The position requires a minimum of seven (7) years of progressive experience in a financial market environment with demonstrated financial modeling and analytical skills in accurately assessing the financial aspects and outcomes of business issues Deep knowledge of capital funding and previous experience in debt capital markets transactions. Expertise in fixed-income and capital markets valuation and modeling in systems such as Bloomberg. Knowledge of financial statements and financial statement analysis, including an ability to analyze cash flow and the impact on financial statements. Knowledge of economic and accounting principles and practices, financial data and reporting. Excellent verbal and written communication skills including executive presence and presentation delivery to executive and senior management. Excellent interpersonal and relationship management skills, with the ability to work extensively with external partners and collaborate effectively with diverse stakeholders. Exceptional multi-tasking and project management abilities, with a focus on detail and follow-through. Strong business acumen and the ability to grasp complex concepts quickly. Able to drive projects forward and provide structure to ambiguity, and resourceful in finding the right information and aligning with stakeholders. The position requires proficiency in Microsoft Office Suite (e.g., Word, PowerPoint, and Excel)

Salary Range: $135,000 - $145,000

Grade: S11

FLSA: Exempt

Union: None

Job Type: Full-time

Pay: $135,000.00 - $145,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Experience level:

• 7 years

Physical setting:

• Office

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Work Location: Hybrid remote in Chicago, IL 60605