The selected firm(s) will be asked to: Portfolio review and recommendations - Provide non-discretionary management of the Authority’s investment portfolio by acting solely in an advisory and administrative capacity within the guidelines of the Authority’s Investment Policy and at the direction of authorized NTTA staff. - Based on existing portfolio and cashflow projections / needs, anticipated calls / maturities Investment Execution - Assist in the selection of investment securities, ensuring compliance with Authority’s policy and, as directed by the Authority, cause the transactions to be executed. Policy review and recommendations - Provide annual review and continuous monitoring of the Authority’s investment policy, strategy, and operational activities to ensure compliance with the PFIA. Recommend changes, as needed, to the Authority’s Investment Policy and Strategy. (At least annually before submission to Board.) - Assist with biennial submission for Government Treasurers’ Organization of Texas (GTOT) certification. Broker/Dealer management - Assist the Authority in developing and maintaining an authorized broker/dealer list, screening of new broker/dealers and monitoring of existing broker/dealers and creating a competitive environment for each trade. - List needs to be approved by Board as part of annual policy review. NTTA retains right of veto; changes subject to NTTA approval. Must not be on AG list of “black-listed” organizations. - Ensure all paperwork is in place...
