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Investment Manager

Department or Division: Finance

Term: Permanent full-time

Duties:

  1. Plans, coordinates, and monitors all portfolio management activities.  Analyzes financial and investment information collected indicating price and yield movements, economic climate, future trends and other investment information.
  2. Forecasts and monitors cash levels, determining available amounts for investment or borrowing requirements. Establishes and maintains communication with other civic departments and outside agencies concerning cash flows and cash forecasting.
  3. Coordinates the City’s external borrowing program relating to the financing of civic capital projects and is the primary contact for the City’s fiscal agents.
  4. Manages the administration of corporate external debt outstanding with respect to debt servicing, accounting activities, and annual budgeting requirements.  
  5. Prepares and distributes reports for the Investment Committee relating to investment management activities and compliance with civic investment policy.
  6. Acts as Secretary to the Investment Committee and recommends policy changes with respect to civic investment practices and develops associated administrative procedures.
  7. Oversees and monitors the investment accounting function relating to investment/income transactions, non-investment transactions, and various reconciliation activities; including year-end requirements.
  8. Budgets and controls specific corporate revenues relating to investment and debt.
  9. Prepares and manages the budget for sections under management.
  10. Monitors, forecasts and reports to City Council as required the status of Capital Projects that require external and internal borrowing.
  11. Assists the Manager of Financial Planning to develop and implement strategic long term funding plans for major capital projects.
  12. Assists with federal and provincial grant funding programs, including application process, contract administration, negotiations and audit requirements. 
  13. Performs other related duties as assigned.

Qualifications:

  • Degree in Commerce or Business Administration.
  • Possession of a Chartered Financial Analyst designation.
  • Seven to nine years of progressive experience in investment management, debt and cash management.
  • Thorough knowledge of capital markets, investment management and financial analysis.
  • Thorough knowledge of accounting principles and practices, and computer systems as they relate to the investment\debt management function.
  • Thorough knowledge of federal and provincial securities and investments legislation with emphasis on applicability to local government.
  • Knowledge of current banking practices and related bank products and their impact on civic government operations.
  • Demonstrated ability to communicate effectively, orally and in writing.
  • Demonstrated ability to establish and maintain effective working relationships with all levels of civic staff and external contacts in the financial community.

Salary: $87,375.12 to $102,863.28 per annum (2016 rates)

Closing Date: Wednesday, July 25, 2018 - 5:00 pm

Labour Group: SCMMA 222