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EMPLOYMENT OPPORTUNITY

Position: Senior Manager, Funding Services
Organization: Federation of Canadian Municipalities
Location: ByWard Market Area, Ottawa, Ontario

The Federation of Canadian Municipalities (FCM) is the national voice of municipal governments, representing the interests of cities and communities with the federal government.

Department: Green Municipal Fund - FCM Programs

Classification: Level 7

Salary Band: $103,700 – 137,200

Language: Bilingualism in English and French is considered to be an asset

Background:

The cornerstone of the FCM Programs department is the Green Municipal Fund™ (GMF), a $625 million permanent endowment from the Government of Canada. As a leading catalyst for innovation at the local level, GMF offers funding (loans and grants) and knowledge to local governments and their partners for sustainable municipal initiatives designed to support communities to improve air, water, soil quality and to protect the climate. GMF also strives to help lever investments from public and private sector sources into the municipal sustainability projects. Through GMF, municipalities have built better transportation assets; constructed efficient and resilient buildings; diverted waste from landfill; made previously unusable land available for development; and improved soil and water quality. GMF also strengthens the capacity of Canadian municipalities to plan and invest in innovative, sustainable infrastructure, thereby saving millions of dollars for taxpayers and creating jobs that contribute to local economies.

A key source of enabling funding for local governments, GMF grants are allocated to plans, feasibility studies and pilot projects, while below-market loans, usually in combination with grants, are allocated to capital projects. An efficient and rigorous process, which includes funding services, and ensures that only the best, most innovative projects are approved. GMF has therefore been a test bed for some of the most innovative, sustainable municipal initiatives in North America.

FCM shares the lessons and expertise gained from these initiatives through skills-enhancement, training and knowledge-sharing activities including case studies, manuals and reports, webinars, the FCM Sustainable Communities Awards and the FCM Sustainable Communities Conference. These activities help other communities replicate the successes of GMF-funded initiatives, multiplying the benefits of those initiatives across the country.

As an evergreen, revolving fund, a fundamental principle is to ensure that GMF's financial sustainability over time be maintained while creating the maximum benefits to Canadians through the initiatives it supports by carefully balancing risks with returns.

Major Purpose:

Reporting to the Managing Director of the GMF, the Senior Manager, Funding is responsible for strategic and functional leadership, planning activities and management of all aspects of the funding services offered by the Green Municipal Fund (GMF). Key responsibilities include the review and approval of GMF funding applications and credit analysis and the contracting and disbursements of funds for approved municipal environmental initiatives. The Senior Manager leads the unit’s work to ensure that GMF’s funding products and associated processes are aligned to client needs and optimized to enable innovation and stacking with other sources of funding from public and private sector sources. The Senior Manager also plays an active role in understanding how to lever additional investments into municipal sustainability projects beyond those being directly supported by GMF funding in order to enable broad replication and mobilization of environmental solutions in the municipal sector. The Senior Manager serves as a leader in internal and external brokering of agreements to ensure that GMF is able to support and ensure the success of the most transformative opportunities while mitigating financial risks.

Key Responsibilities:

  • Provides leadership in the development and management of a leading, innovative funding program that meets all compliance requirements of the GMF funding agreement, delivers on business objectives and provides optimal value to GMF’s clients and stakeholders;
  • Builds and maintains relationships with key public and private sector funding counterparts to enable efficient stacking and co-investments with entities with objectives aligned with GMF/FCM and to ensure awareness of current best practices and trends in municipal project funding;
  • In collaboration with GMF’s Outreach team, proactively works to maintain a balanced and diversified portfolio of projects that meets regional, sectoral and program results objectives while optimizing financial returns for the endowment;
  • Provides strategic advice and recommendations to the Managing Director of the GMF and the GMF Council on a range of issues related to overall funding program performance and individual municipal environmental initiatives;
  • Provides oversight, advice and expertise to the team as required on project structuring and financial matters related to complex project proposals, recommendations and briefing materials for the GMF Council, loan/grant agreements and disbursements;
  • Takes a leadership role in building consensus around risks worth taking and brokers alignment of key internal stakeholders to support transformative, high value projects;
  • Directly oversees and reviews the GMF Credit Analyst’s work in terms of structuring loans;
  • Ensures compliance with GMF’s Risk Management Unit policies;
  • Leads negotiation efforts on key financial and project structural matters;
  • Participates as a member of the management Risk Committee (RC), which is tasked with ensuring GMF appropriately balances its public policy mandate with sound risk management practices and fund sustainability, both for individual transactions and at the strategic/portfolio and planning levels;
  • Responsible for leading the Funding team’s efforts in making recommendations to the RC regarding high-level/strategic issues on loans;
  • Regularly interfaces with clients to understand their needs and to ensure that GMF’s funding offer remains relevant;
  • Works with managers to maintain focus on priorities, provide staff support and direction related to staff workload, delegation and empowerment;
  • Carefully monitors GMF’s funding performance and ensures that annual and long term funding targets are met in a way that derives maximum results for the program;
  • Provides direction and advice to the team ensuring that proper processes and tools are in place to support effective and efficient delivery of funding and reporting requirements;
  • Works closely with FCM managers and senior managers, particularly in the Risk Management Unit, Finance, Marketing, Program Performance, Knowledge and Sector Development and the Managing Director’s Office, ensuring effective communications on issues and projects of joint interest or responsibility;
  • Ensures horizontal coordination and the integration of plans and activities, through the leadership of or active participation in, established FCM Programs practice groups; sub-committees; and strong relations with colleagues, in particular to ensure consistency where relevant and cross-learning with other FCM funding programs;
  • Responsible for the overall leadership of the GMF Funding department which includes formulating and implementing the annual business plan, setting goals and objectives, the direct management of staff, recruitment, employee development, coaching, performance improvement planning, terminations, annual performance evaluations, managing budgets, etc…
  • Ensures clear objectives are set by the Funding team that will best support the GMF in achieving its strategic objectives and builds and fosters a performance culture that consistently achieves these objectives.

Knowledge, Experience and Skills:

  • University degree in Business Administration, Finance, Engineering or Environmental Sciences, or related field. MBA or Masters’ degree is considered an asset;
  • Minimum of 10 years of progressive experience in funding programs or project management with demonstrated knowledge and experience in structured lending and project financing in the private sector, including a minimum of 5 years of experience leading professional teams of staff;
  • Strong people leadership skills (influencing, coaching, challenging, motivating) and ability to delegate, monitor and follow up on projects;
  • Strong knowledge and experience in complex project or file management, including the financial and legal aspects of contract negotiation;
  • A proven track record of structuring and negotiating complex deals;
  • A good understanding of emerging clean-tech and environmental solutions relevant to the municipal sector;
  • Strong network with public and private sector investors;
  • Strong knowledge of public policy, priorities, trends and delivery mechanisms related to sustainable development and the environment with emphasis at the municipal level;
  • Strong client service orientation;
  • Financing and lending experience involving Canadian municipalities and their partners is considered an asset;
  • Exceptional leading and initiating skills; can proactively develop strategies and align resources to meet future needs;
  • Exceptional strategic/conceptual skills;
  • Excellent interpersonal skills including negotiation, conflict resolution and the ability to influence to get results;
  • Excellent judgment and decision making skills;
  • Excellent verbal and written communication skills including group presentations;

Language:

  • The ability to work in both official languages (English and French) is an asset.

Other:

  • Up to 25% requirement to travel, typically within Canada.

The benefits to joining the FCM team include summer hours (Fridays off between July 1st and Labour Day); offices located in the ByWard Market, FCM’s commitment to employee development and a competitive range of employee benefits and services.

For additional information on this posting, or for further information on FCM, access our website at http://www.fcm.ca.

Visit the careers section of our website to apply. Deadline for applications is July 25, 2018.

We thank all candidates for their interest; however we will only contact those selected for an interview. All the applications will be kept on file for six months following the hiring.

When applying, please indicate that you saw this posting at GoodWork.ca.
 

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GoodWork ID: 46443       Date posted to GoodWork.ca: Jul 11 2018