Director, Capital Markets

at  Manitoba Government

DIRECTOR, CAPITAL MARKETS

XM3 Director 3
Regular/full-time
Department of Finance
Capital Markets, Treasury
Winnipeg MB
Advertisement Number: 43363
Salary(s): XM3 $110,906.00 - $135,758.00 per year
Closing Date: November 17, 2024
The Manitoba government recognizes the importance of building an exemplary public service reflective of the citizens it serves, where diverse abilities, backgrounds, cultures, identities, languages and perspectives drives a high standard of service and innovation. The Manitoba government supports equitable employment practices and promotes representation of designated groups (women, Indigenous people, persons with disabilities, visible minorities).
This is a preference competition. All applicants are encouraged to apply, however first consideration for this competition will be given to Indigenous people and persons with disabilities. Applicants are requested to self-declare at the time of application.
An eligibility list may be created and will remain in effect for 12 months. Candidates may also be considered for similar roles at the same or lower classification level within the Treasury Division or other Departments.
To be considered for this competition, candidates ARE REQUIRED to submit the Application Form for screening, ALONG with PDF copies of resume and cover letter to the Public Service Commission by email (PSCExecutivejobs@gov.mb.ca), quoting # 43363 and position title in the subject line. If you are having difficulty opening the link, you may have to use a different browser. You may also contact Human Resource Services (contact information under “Apply to”) to request a copy of the Application Screening Form. Resumes may be used in addition to the Applicant Form for screening purposes.
Treasury Division manages and administers the cash resources, borrowing programs and all investment and debt management activities of the government and for all of its crown corporations and agencies. The Capital Markets Branch is responsible for executing and managing all transactions respecting the long- and short-term debt programs, its derivatives program, as well as all investments, trust monies and cash balances under control of the government. The Branch is responsible for the forecasting and management of the Province’s liquidity which contains all of the consolidated accounts of the Province. To be considered for this competition you must submit an application form. See below for further instructions.
Click here to access the application form.

Conditions of Employment:

• Must be legally entitled to work in Canada
• Must provide and maintain a satisfactory Criminal Record Check
• Completion of satisfactory credit screening and credit check required
• Must be willing and able to travel as required

Qualifications:

Essential:

• Finance industry-related post-secondary education and/or a recognized financial industry-related designation such as a Chartered Financial Analyst (CFA) designation; A suitable combination of education and experience may also be considered.
• Executive management acumen and experience in debt capital markets, fixed income investments, financial markets and risk management or related industries.
• Strong financial acumen with significant experience in financial markets including financial and analytical skills related to various classes of interest rate products such as debt, investments, and derivatives.
• Understanding of global capital markets, derivative and hedging strategies, risk management and banking.
• Experience in the pricing and execution of borrowing, investing and derivative transactions.
• Demonstrated ability to leverage opportunities for innovation, find creative solutions to issues, and successfully manage change.
• Significant experience with financial markets and treasury specific technologies such as Bloomberg, Candeal.
• Demonstrate leadership skills with a commitment to create, support and sustain a diverse environment that enables staff to achieve results and to develop for the future.
• Demonstrate political acumen through experience providing strategic advice to senior leaders on complex topics and sensitive issues.
• Written communication skills with the ability to communicate to all levels of the organization and with external stakeholders.
• Verbal communication skills with the ability to handle difficult and sensitive conversations.

Duties:
The Director of Capital Markets is responsible for leading and managing the Province’s short and long-term borrowing program, investment portfolios and derivative program which includes general government net budgetary requirements as well as crown corporations and agencies. Key duties include developing and implementing strategies to secure optimal funding, managing debt issuance and ensuring prudent investment of excess liquidity.
The Director is also responsible for designing and executing also design and execute hedging strategies to mitigate financial risks, including interest rate and foreign exchange exposure. The position is responsible for the formulation and implementation of programs and procedures to ensure that the Province is prepared at all times to take advantage of financing opportunities available in capital markets around the world and to ensure that requirements of regulatory agencies are complied with.
The position requires close collaboration with internal teams and external financial institutions, analysis of market trends and providing advise to senior leadership on financial risks and opportunities. Also required are strong leadership skills are required to manage and mentor a diverse team to achieve strategic goals and drive division success.

Please refer the Job description for details