City of Fort Worth
  • Debt Manager

  • City of Fort Worth, TX
  • Fort Worth, Texas United States View Map

Job Description

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.

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Closing Date/Time: Tuesday, November 24, 2026
City of Fort Worth

City of Fort Worth

(817) 392-7750

The Community

The City of Cowboys & Culture is known for its Texas hospitality. The stunning and sprawling City of
Fort Worth is one of the fastest-growing cities in the U.S. And it’s no wonder — With great neighborhoods, scenic terrain and a rich history of arts and culture, paired with world-class opportunities for business and education, it’s not only fun to visit Fort Worth, it’s even more rewarding to call it home.

Fort Worth truly offers all the benefits and amenities of a bustling metropolitan city, while keeping the small- town charm that keeps it unpretentious and charismatic in all the right ways. Designated as one of America’s “Most Livable Communities” by the Partners for Livable Communities, the city truly offers a melting pot of culture, commerce, community and yes, cowboys.

There are over a dozen remarkable districts full of treasured history among modern luxuries and unique places to have fun, making it the No. 1 tourist destination in Texas and welcoming more than 9.4 million visitors annually.

Being one of the fastest-growing among large cities in the country, Fort Worth has received multiple accolades, including number one downtown (Livability), and the second-best City in the nation for job seekers (Forbes). Our employees serve the needs of over 900,000 residents representing culturally diverse communities.

Exciting Growth & Future Development

One of the most fascinating aspects of the City of Fort Worth is its almost unprecedented growth over the past several years. Both in terms of population and industry, and as the 12th largest city in the United States, Fort Worth is truly booming — which presents both challenges and opportunities to truly develop this city in the right way. Every 30 minutes a new person moves to Fort Worth, so we’re looking for candidates who can embrace an evergrowing and changing environment and improve on it with solutions that work for the entire community of Fort Worth.

Mission

We are working together to build a strong community that others can look to as a pillar of unity and excellence. Through grassroots efforts within the community, and large scale construction and transportation plans that continue to add the infra- structure a growing city like Fort Worth needs, we’ll provide the public services our community requires to continually cultivate the unique city we call home.

Vision

Fort Worth’s vision is to be the most livable and best managed city in the country. We’ll do this by taking care of our citizens, implementing the highest quality standards in our schools, continually improving the neighborhoods we thrive in and the facets of the city that make our town so unique.

Benefits That Are Well Worth It

The City of Fort Worth continues to be dedicated to its employees’ well-being by providing competitive health benefits, a well-rounded wellness program and a Zero Accident Philosophy® workplace. All regular full-time employees and those employees who work 30–39 hours per week are eligible for all City of Fort Worth Benefits. Part-time employees who work 20–29 hours per week are eligible for dental, basic life insurance, supplemental life insurance, flexible spending accounts, 457 Deferred Compensation plan and other voluntary benefits.

Medical Program

The City offers two plan options through Meritain Health, an Aetna company.

The Health Center Plan – Offers employees and their family’s

primary health care services that are 100% completely free and unlimited. Employees can visit any one of the three City of Fort Worth Employee Health Centers and receive guaranteed same or next day appointments for sick visits. Also, services are available at any one of the five satellite locations that serves employees across the city.

The Consumer Choice Plan – Is offered to employees at no cost or low monthly premiums to cover eligible dependents and provides the financial benefits of a Health Savings Account (HSA).

• Preventative services are covered at 100% on both plans.
• Prescription Drug coverage including mail order pharmacy are also included.

Vacation

Eligible for 3 weeks of vacation: After successful completion of probationary period (usually
6 months), employees may take time off for rest, relaxation, vacation, illness, religious observances, and personal business.

Holidays

Available on the first day of employment, the city provides employees with paid holidays, including two personal holidays.

Wellness Program

The city’s Healthy Challenge Wellness Program rewards all full-time, benefit-eligible employees on the city’s health insurance. The Healthy Challenge Program utilizes a points system. Participants may earn points throughout the year (Jan. 1-Dec. 15) for completing specific program activities and participants can redeem points at the end of the year for a cash reward. By participating, individuals can earn $150, $200 or $250 by accumulating program points.

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