The University of Virginia (UVA) seeks a dynamic and highly skilled Senior Manager – Debt Portfolio & Internal Bank. Reporting to the Managing Director of Treasury (with a coordinating relationship to the Treasurer), this individual serves as the institution’s hands-on modeling, analytics, and reporting expert for UVA’s debt portfolio and Internal Bank, spanning the Academic Division, Medical Center, and UVA Wise. The role also extends across UVA’s Foundations (University-Affiliated Organizations, or UAOs)—a significant number of which consolidate into the University’s financial statements and rating-agency credit profile—and requires the Senior Manager to build and maintain working relationships with the financial leaders of these organizations, whose debt and cash positions directly impact the consolidated Financial Statements.
This is a builder’s role for a technically exceptional financial modeler who is equally at home constructing multi-decade quantitative models and translating their results into a clear, compelling narratives and decks for executive leadership, Deans, and unit finance staff. The Senior Manager owns the modeling of the University’s Internal Bank—including its long-dated, 100-year debt portfolio horizon—serves as the primary liaison to UVA’s Financial Advisors on that modeling, and functions as the institution’s subject-matter expert in Debtbook and related debt-management systems. The ideal candidate pairs expert Excel and PowerPoint skills, and the disciplined use of AI to work efficiently with large data sets, with the personable, credible communication style needed to engage the full spectrum of University stakeholders.
Key Responsibilities:
Internal Bank Modeling & Long-Dated Debt Strategy
- Own the development, maintenance, and continuous improvement of the quantitative models supporting UVA’s Internal Bank, including internal lending and investing rates, loan amortization, and the allocation of debt capital to Schools, Departments, and Units.
- Plan, develop, publish, implement, and evaluate fiscal policy related to the Internal Bank.
- Model the Internal Bank across the University’s 100-year debt portfolio horizon, incorporating century / long-dated bond strategy, refunding assumptions, and multi-generational capital-planning scenarios.
- Serve as the primary liaison with UVA’s Financial Advisors on Internal Bank modeling—working with other departmental associates on reconciling assumptions, validating outputs, and integrating Advisor input into the University’s models.
- Prepare scenario analyses, sensitivities, and projections that inform decisions on internal rate-setting, loan terms, and disbursement of Internal Bank resources.
- Prepare periodic forecasts of revenues, expenditures, and changes in Internal Bank fund balances to ensure compliance with Internal Bank capitalization requirements and budgets.
- Produce financial statements, dashboards, and reporting on Internal Bank activity for Treasury leadership and the Finance Committee.
Debt Portfolio Management & Capital Markets
- Support the planning, structuring, and execution of tax-exempt and taxable debt, including the University’s commercial paper program, long-term bonds, and refundings.
- Assist the Treasurer and Managing Director in overseeing and managing the debt portfolio and the issuance of debt—including bond issuance preparation, coordination, and management, and post-issuance reporting requirements.
- Build and maintain models that evaluate the University’s debt capacity, affordability, and portfolio composition (variable-rate exposure, liquidity facilities, amortization schedules, and refunding opportunities).
- Track UVA’s outstanding debt portfolio and support covenant compliance, reporting accuracy, and ongoing performance monitoring.
- Analyze financing alternatives and capital-market conditions to support UVA’s long-term financial strategy.
- Work with Facilities Management on the funding sources of capital plans and ensure their appropriate reflection in the General Ledger, managerial reports and Internal Bank Model.
Data Analytics, AI & Financial Modeling
- Serve as the Treasury team’s expert in advanced Excel modeling—complex, well-controlled, auditable workbooks that others can rely on.
- Use AI-enabled tools and techniques to model, clean, aggregate, and analyze large financial data sets efficiently, with appropriate controls and validation. (Effective use of AI in modeling and large-data-set work is a requirement of the role.)
- Serve as the institutional subject-matter expert in Debtbook, maintaining it as the system of record for debt data and leveraging its analytics and reporting capabilities.
- Integrate Treasury models and data with University systems (e.g., Workday, e-Builder) in partnership with Financial Advisors and internal teams.
Data Storytelling & Executive Communication
- Prepare quarterly and other periodic financial analyses and reports to provide accurate and timely financial information to Leadership.
- Distill large volumes of complex financial data into compelling, story-driven PowerPoint presentations that facilitate informed decision-making by executive leadership, the Board of Visitors, and its committees.
- Design executive-quality visualizations and dashboards that make sophisticated debt and Internal Bank concepts accessible to non-technical audiences.
- Prepare materials for rating-agency meetings, surveillance updates, and internal governance forums.
Stakeholder Engagement & Relationship Management
- Engage credibly and professionally with Deans of Schools and senior leadership on internal financing options, rates, and strategy—translating technical modeling into practical, decision-ready guidance.
- Provide advice and consultation to Schools and Units on internal loans and related debt matters.
- Work side-by-side, spreadsheet-to-spreadsheet, with finance staff across Schools, Departments, and Units—including UVA Health—to gather inputs, resolve questions, and reconcile models.
- Maintain strong working relationships with Financial Advisors, underwriters, bond counsel, trustees, paying agents, and rating agencies.
- Partner with internal UVA stakeholders across Finance, Budget,
Accounting, FP&A, Treasury, and Capital Planning.
Regulatory Reporting, Disclosure & Compliance
- Support continuing disclosure obligations through the MSRB’s Electronic Municipal Market Access (EMMA) system, including annual reports and event filings.
- Support post-issuance tax compliance, including arbitrage rebate, spend-down and yield-restriction, and private-use monitoring.
- Ensure adherence to applicable federal securities law, IRS, SEC, and GASB requirements for municipal issuers.
Qualifications:
Required
- Bachelor’s degree in finance, economics, accounting, data analytics, or a related field.
- 7+ years of progressively responsible experience in debt capital markets, financial modeling, treasury, or financial advisory— work at a municipal issuer, investment bank, rating agency, or financial advisory firm.
- Expert-level proficiency in Excel financial modeling, including large, complex, well-controlled workbooks.
- Expert-level proficiency in PowerPoint, with a demonstrated ability to turn complex financial data into clear, story-driven executive presentations.
- Demonstrated use of AI-enabled tools and techniques to work efficiently with large data sets.
- Familiarity with rating-agency methodologies, scorecards, and key credit metrics.
- Strong understanding of municipal bond structuring, credit fundamentals, and tax-exempt financing regulations.
- Excellent interpersonal and communication skills, with the poise to engage credibly with Deans, executive leadership, and unit finance staff alike.
Preferred
- Master’s degree in finance, accounting, or a related field.
- Hands-on experience with Debtbook or a comparable debt platform or treasury workstation.
- Familiarity with BondLink or another cloud-based investor-relations and disclosure platform.
- Familiarity with DAC or another disclosure dissemination agent for municipal bond issuers and obligors.
- Experience modeling internal-bank / internal-lending programs in higher education or an academic medical center.
- Familiarity with DBC Finance
- Knowledge of the Commonwealth of Virginia’s statutory and regulatory framework (Virginia Code; DOA, DPB, DRM, and Treasury).
- Professional designations such as CTP, CFA, CPA, or equivalent.
- Candidates who have earned MSRB / FINRA Series 52 or Series 50 qualification(s).
Key Competencies:
Technical
- Deep, hands-on modeling skill across Excel and debt-management systems, with disciplined version control and documentation.
- Fluency in municipal debt structuring, credit metrics, and internal-bank mechanics.
- Ability to interpret bond indentures, tax certificates, and offering documents.
Professional
- Data storyteller: converts complexity into clarity for any audience, from Fiscal Administrators to the Board of Visitors.
- Personable, diplomatic, and credible in front of Deans and senior leadership.
- Collaborative and service-oriented in working through spreadsheets with School, Department, Unit, and UVA Health finance staff.
- High integrity, sound judgment, attention to detail, and commitment to fiduciary responsibility.
- Proactive self-starter, intellectually curious, and able to manage multiple priorities in a fast-moving environment.
This position is based in Central Virginia (Charlottesville) and is primarily an on-site position. Consideration for "local hybrid" after full onboarding (minimum of 6 months).
This position will remain open until filled. This is an exempt level, benefited position. The University will perform background checks on all hires (if required) prior to employment. Applicants must be currently authorized to work in the United States. For this role, the University will not sponsor or consider candidates requiring sponsorship for employment visas now or in the future.
Please apply online, and search for R0086542 . Complete an application online with the following documents:
Upload all materials into the resume submission field; multiple documents can be submitted into this one field. Alternatively, merge all documents into one PDF for submission. Applications that do not contain all required documents will not receive full consideration.
Internal applicants: Search and apply for jobs on the UVA Internal Careers website.
For finalists, references will be completed via UVA’s standardized process using SkillSurvey. A total of up to five references will be requested via SkillSurvey for top candidates during the final phase of the interview process. A total of three references is required.
For questions about the application process, please contact Daniel Strong, Senior Recruiter at [email protected].
MINIMUM REQUIREMENTS
Education: Bachelor's Degree required. Master's degree preferred.
Experience: Seven years relevant experience.
Licensure: CMA, CFA, CPT, CPA or relevant certification preferred.
PHYSICAL DEMANDS
This is primarily a sedentary job involving extensive use of desktop computers. The job does occasionally require traveling some distance to attend meetings, and programs.
The University of Virginia is an equal opportunity employer. All interested persons are encouraged to apply, including veterans and individuals with disabilities. Learn more about UVA’s commitment to non-discrimination and equal opportunity employment.
