Debt Manager

Pay Range: $107,610 - $121,646 annual compensation

Job Posting Closing on: Tuesday, November 24, 2026 📅

Workdays & Hours: Monday – Friday 8am – 5pm; Some evening/weekend work required.

Benefits for this position include: 11 Paid Holidays, Medical, Dental, Vision, Paid Time Off, Pension Plan, Professional Development Opportunities. Find out More!

The City of Fort Worth is one of the fastest growing large cities in the U.S. Our employees serve the needs of more than 1 million residents, promoting our values of exceptional customer experience, mutual respect, embracing our diversity, continuous improvement, ethical behavior, and accountability.

A Financial Services Manager (Debt Manager) position is available with the City of Fort Worth Financial Management Services Department in the Treasury Division. Reporting to the Assistant Finance Director over Treasury, the Debt Manager will be involved in all aspects of managing the City of Fort Worth’s debt and its related issues and will provide thought leadership in bond finance matters. 

This is an exciting opportunity to help shape the financial future of one of the fastest-growing large cities in the United States. Join a team committed to transparency, innovation, and financial excellence.

Minimum Qualifications:

• Bachelor’s degree from an accredited college or university with major coursework in public administration, finance, accounting, economics, or a closely related field
• Five (5) years of progressively responsible experience in fiscal services or a closely related field
• Four (4) years of administrative and supervisory experience

Preferred Qualifications:

• Experience managing or participating in municipal debt programs, including bond issuance, debt portfolio management, capital financing strategies, debt capacity analysis, and long-term financial planning.
• Knowledge of municipal securities markets, applicable federal securities requirements, including SEC Rule 15c2-12 continuing disclosure obligations, post-issuance compliance, arbitrage rebate requirements, and credit rating agency methodologies.
• Demonstrated ability to develop financial analyses, coordinate complex financing transactions, manage relationships with financial advisors, bond counsel, underwriters, and rating agencies, and communicate financial recommendations effectively to executive leadership and elected officials
• Proficiency with Microsoft Office Suite and ERP Systems

The Debt Manager job responsibilities include:

• Manage the City's comprehensive municipal debt portfolio and coordinate the planning, structuring, and execution of debt transactions, including general obligation bonds, revenue bonds, certificates of obligation, tax notes, and other financing instruments
• Develop and evaluate long-term debt strategies, including debt capacity, affordability, repayment structures, debt service impacts, and financing alternatives
• Collaborate with Budget, Capital Delivery, Accounting, and other departments to align financing strategies with the City's Capital Improvement Program and long-term financial objectives
• Responsibilities include debt sizing, financing alternatives, cash-flow analysis, debt service projections, transaction timelines, legal documentation, and closings Plan, structure, and execute new bond issues to support City capital projects, including coordination with Financial Advisors, Bond Counsel, Underwriters, and Rating Agencies
• Monitor debt service funds and ensure timely payments, compliance with bond covenants, and adherence to federal, state, and local regulations
• Manage continuing disclosure obligations and post-issuance compliance, including arbitrage rebate monitoring and reporting
• Develop and implement debt policies and procedures that promote transparency, fiscal sustainability, and alignment with the City's strategic goals
• Lead efforts related to credit ratings and investor outreach, including preparation of presentations, annual rating agency reviews, and updates to investor disclosures
• Evaluate performance of debt-related functions, support long-term capital planning, and collaborate with Capital Delivery, Budget, and Accounting teams to manage bond proceeds and funding strategies
• Supervise a Treasury Supervisor and collaborate with team members across departments to ensure effective debt administration and fiscal stewardship
• Lead and execute bond transactions, including project scoping, financing timelines, legal documentation, and closing procedures
• Collaborate with the Budget Office, Capital Delivery, and departments to determine financing needs and develop multi-year funding strategies
• Prepare and review City Council communications and present at Council or department meetings as needed
• Monitor debt affordability and capacity; assist in long-term capital and financial planning
• Administer and manage vendor contracts for services such as Financial Advisor, Arbitrage Rebate Consultant, and Paying Agent
• Prepare reports and financial analysis for senior management, rating agencies, and elected officials

Working Conditions & Physical Demands:

Depending on assignment, positions in this class typically require touching, talking, hearing, seeing, grasping, standing, walking and repetitive motions.  

Sedentary Work – Depending on assignment, positions in this class typically exert up to 10 pounds of force occasionally, a negligible amount of force frequently, and/or or constantly having to lift, carry, push, pull or otherwise move objects.  Sedentary work involves sitting most of the time.  Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Apply Now! Come be part of something special in Fort Worth. 🌟

Conditions of Employment

The City of Fort Worth is proud to be an Equal Employment Opportunity employer.  It is the policy and practice of the City to recruit, hire, train and promote a diverse workforce without regard to race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, parental status, military service, or another non-merit factor.

The City of Fort Worth is committed to full compliance with the Americans with Disabilities Act. Reasonable accommodations may be made to enable qualified individuals with disabilities to participate in the job application or interview process and to perform essential job functions.

Candidates who do not meet the Education requirement, may be considered if they have more relevant work experience than the position requires. Those selected for employment will be required to pass Pre-Employment checks depending on the position requirements. Those could include, but are not limited to: criminal background check, drug screen, education verification, etc. criminal convictions will be considered on a case-by-case basis. Employees are paid by direct deposit only.