BID/JOB ANNOUNCEMENT

Portfolio Manager City Treasurer's Office Bureau or Division Name (if applicable)

Number of Positions:

1 (Additional vacancies possible pending budget approval)

Starting Salary:

$90,144 This position is open to the public and all current City employees covered under the City's collective bargaining agreement with

AMERICAN FEDERATION OF STATE, COUNTY, AND MUNICIPAL EMPLOYEES

(AFSCME) - BARGAINING

UNIT 1, 3, 4 & 5.

Only employees in City job titles in this bargaining unit are eligible to bid.

BID INSTRUCTIONS

Apply on the bid site: https://chicago.taleo.net/careersection/103/jobsearch.ftl?lang=en AND 1. Check the box on your profile titled "Currently employed by the City of Chicago." 2. Enter your employee ID (located on your pay stub labeled 'payee/employee number') 3. Select your correct bargaining unit

FAILURE TO FOLLOW THESE INSTRUCTIONS WILL RESULT IN A REJECTED BID APPLICATION

Applications for this position will be accepted until 11:59 pm CDT on 10/08/202 6 Under general supervision, the position performs a range of treasury functions to ensure the effective investment and allocation of City funds, prioritizing liquidity management, capital preservation, and the maximization of risk-adjusted investment returns, all within the framework of the City's Investment Policy; and performs related duties as required

ESSENTIAL DUTIES

Oversees the daily management of both short-term and long-term investment portfolios Ensures the City's liquidity and operational funding needs by assessing available cash across various accounts Executes investment strategies that balance the City's cash flow requirements with the goal of maximizing risk adjusted returns, in adherence to the City's Investment Policy and Municipal Code Conducts daily portfolio trading based on cash flow projections and market conditions, ensuring investments remain within the guidelines of the City's Investment Policy and relevant Master Indentures Facilitates the settlement of all investment transactions, ensuring sufficient liquidity for operational needs Manages the City's treasury functions, including payment execution, cash concentration, and the continuous monitoring of cash flows Mitigates potential overdrafts and other financial obligations by reallocating funds across accounts Manages the City's depository accounts by collateralizing and maximizing returns on cash; moves funds between accounts to maintain collateralization and maximize returns through concentration wires Maintains accurate, up-to-date records of banking transactions, investment activities, and related reporting Reconciles the City's accounts on a monthly basis by comparing internal records with trustee statements to ensure accuracy Utilizes Bloomberg and other financial market tools to inform investment decisions regarding fixed-income instruments such as Commercial Paper, Corporate Bonds, Agency Securities, Agency and Non-Agency RMBS, Structured Investment vehicles, etc. Collaborates with City departments to assess banking service needs, negotiating and recommending banking partners based on performance, efficiency, and cost-effectiveness Establishes and maintains banking relationships that support the City's financial operations Originates and releases all wire transactions to meet the City's liquidity requirements in adherence with industry standards and best practices Ensures compliance with the City's Investment Policy by conducting pre- and post-trade reviews and monitoring all financial transactions Conducts financial research and fundamental analysis to support forecasting, valuation, and investment decision-making Presents investment performance and risk assessments, including product risk, fees, and fund performance, to key stakeholders Reconciles daily investment transactions, ensuring accurate cash flow management and timely settlement of bonds Participates in procurement processes such as Request for Information (RFIs) and Request for Proposal (RFPs) to select qualified Municipal Depositories and Broker Dealers Adheres to the City's Investment Policy and other applicable financial management standards

Note:

The list of essential duties is not intended to be inclusive; there may be other duties that are essential to particular positions within the class. Additional duties may be required for this position

Location:

121 N LaSalle Rm 106

Days:

Monday -

Friday Hours:

8:00 am to 4:00 pm

THIS POSITION IS IN THE CAREER

SERVICE