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 through their work.

You should demonstrate:

• Exceptional critical thinking skills and attention to detail.  Consistent ability to think creatively and strategically while remaining adaptable to changes in internal priorities and external market conditions.

• Ability to communicate complex developments in financial markets to leadership in a manner that is understandable and actionable.  
• Superior integrity with a demonstrated ability to recognize and manage financial risks in the context of controls and audit needs.

 

Qualifications:

• Bachelor’s degree in Business, Finance, or Economics is required; Master’s degree preferred.
• At least eight years of progressively responsible professional experience in asset management, banking, finance or capital markets.
• Experience building and implementing quantitative finance models as well as designing data analytics that can be used for visualization and decision-making purposes.

• Progress toward a Master of Business Administration or the Chartered Financial Analyst designation required.

• A combination of education and relevant experience from which comparable knowledge is demonstrated may be considered

Requirements:

• Successful completion of a pre-employment background check

Additional Information:

• Sponsorship:  Applicants for this position must be currently legally authorized to work for CMU in the United States. CMU will not sponsor or take over the sponsorship of an employment visa for this opportunity.  The university is not a qualifying employer for the STEM OPT benefit: only the 12-month OPT may be used to work at Carnegie Mellon.
  

Joining the CMU team opens the door to an array of exceptional benefits.

Benefits eligible employees enjoy a wide array of benefits including comprehensive medical, prescription, dental, and vision insurance as well as a generous retirement savings program with employer contributions. Unlock your potential with tuition benefits, take well-deserved breaks with ample paid time off and observed holidays, and rest easy with life and accidental death and disability insurance. 

Additional perks include a free Pittsburgh Regional Transit bus pass, access to our Family Concierge Team to help navigate childcare needs, fitness center access, and much more!

For a comprehensive overview of the benefits available, explore our Benefits page.

At Carnegie Mellon, we value the whole package when extending offers of employment. Beyond credentials, we evaluate the role and responsibilities, your valuable work experience, and the knowledge gained through education and training. We appreciate your unique skills and the perspective you bring. Your journey with us is about more than just a job; it’s about finding the perfect fit for your professional growth and personal aspirations.

Are you interested in an exciting opportunity with an exceptional organization?! Apply today!

Location

Pittsburgh, PA

Job Function

Treasury

Position Type

Staff – Regular

Full Time/Part time

Full time

Pay Basis

Salary

More Information: 

• Please visit “Why Carnegie Mellon” to learn more about becoming part of an institution inspiring innovations that change the world. 

• Click here to view a listing of employee benefits

• Carnegie Mellon University is an Equal Opportunity Employer/Disability/Veteran. 

• Statement of Assurance