Director, Financing

Role Responsibilities

Join the Capital Markets team within Alberta Treasury and Risk Management Division, where you will help shape the Province's financing strategy and support long-term fiscal sustainability. The Capital Markets group is responsible for debt issuance and management, investment portfolio oversight, policy development, and advising on major projects with financing components.

Reporting to the Executive Director, Capital Markets, the Director, Financing provides leadership in managing the Province of Alberta's debt and risk management activities, evaluating complex financing proposals, and supporting corporate finance initiatives. This role offers the opportunity to lead a specialized team, collaborate with senior stakeholders, and contribute to key strategic and financial decisions that deliver value for Albertans.

Key Responsibilities:

• Lead a team of capital markets professionals by providing strategic direction, coaching and performance management.
• Manage the development and implementation of the Province's annual and multi-year borrowing and financing strategy.
• Lead the analysis and development of debt issuance and management objectives, and recommend debt strategies and borrowing requirements to senior management and Treasury Board.
• Monitor changes in the capital markets, assess implications for the Province's financing cost and market access, and identify opportunities to optimize borrowing costs and structure.
• Develop and execute the Province's debt issuance program, including decisions on timing, size, maturity, currency and investor distribution.
• Enhance relationships with investment dealers, institutional investors, rating agencies, financial institutions and other capital market participants.
• Support the Executive Director, Capital Markets and Assistant Deputy Minister, Treasury and Risk Management on broader treasury and financing policy initiatives, including the evaluation of large, cross-government projects with significant financing components.

Please click on this link to view the job description for this position.

APS Competencies

Competencies are behaviors that are essential to reach our goals in serving Albertans. We encourage you to have an in depth understanding of the competencies that are required for this opportunity and to be prepared to demonstrate them during the recruitment process.

• Systems Thinking: Has an in-depth knowledge of Alberta’s fiscal environment and how it impacts the Government of Alberta’s long-term borrowing needs. A strong understanding of financial theory and large capital market transactions is essential.
• Develop Networks: Uses network(s) to identify opportunities, gather information, and seek input into problems, with a view of minimizing the cost of borrowing to Albertans.
• Agility: Ability to anticipate, assess, and readily adapt to the changing financial climate, maintain resilience in times of uncertainty and effectively work in a changing environment.
• Drive for Results: Knowing what financial outcomes are important and maximizing resources to achieve results that are aligned with the goals of the Government of Alberta, while maintaining accountability.

This link will assist you with understanding competencies.

Qualifications

A university degree in finance, economics, business administration, or related discipline, plus at least seven years of related experience in government financing, treasury, capital markets, corporate finance, institutional investing, or investment banking is required.

Preference will be given to those with 10 years of experience.

The following are considered assets:

• MBA, CFA designation and/or a CPA or CMA designation.
• Demonstrated strong knowledge of debt capital markets and financial risk management.
• Exceptional communication, negotiation and relationship-management skills.
• Knowledge of relevant legislation, policies and processes particularly those relevant in a provincial government finance setting.
• Experience leading complex financial transactions and providing advice to senior executives.
• Strong understanding of public-sector financial management and government decision making processes.
• Demonstrated leadership experience managing professional teams and external advisors.

Minimum recruitment standards outline the minimum education and experience required for appointment to a job classification.

Notes

This position is a permanent, full-time position working 36.25 hours per week, Monday to Friday.

Location:
Queen Elizabeth II Building, Edmonton, AB

Additional Notes:
Applicants being considered for this position will be required to complete a Level 2 Enhanced Security screening (including an enhanced criminal record check along with a credit check) as part of the pre-employment checks for this position.

Any costs associated with obtaining the required documents/checks as noted or interview travel expenses, will be the responsibility of the candidate. Out-of-province applicants can obtain the required documents/checks from the province they currently reside in. 

Links and information on what we have to offer:

• Working for the Alberta Public Service
• Management Employee Pension Plan (MEPP)
• Alberta Public Service Benefit Information
• Professional learning and development
• Research Alberta Public Service Careers tool
• Positive workplace culture and work-life balance.