NY HELP No

Agency Empire State Development, NYS

Title Assistant Treasurer, Debt Management

Occupational Category Other Professional Careers

Salary Grade NS

Bargaining Unit None listed

Salary Range From $130000 to $140000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5:30 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

County New York

Street Address 655 Third Avenue

City New York

State NY

Zip Code 10017

Minimum Qualifications Education Level Required: bachelor’s degree in finance or accounting (If degree in other field, equivalent experience as shown below may suffice), MBA in Finance preferred. Relevant Experience required: A minimum of 10 years’ experience in Treasury/Finance, Municipal bond finance and issuance, experience with fixed and variable rate instruments and applicable derivative products, investment management experience required. Knowledge Required: Excellent Excel and analytical skills, Treasury Management System experience, understanding of principles related to economics and finance. ALTERNATE MINIMUM REQUIREMENTS FOR INTERNAL CANDIDATES: A minimum of 5 years of satisfactory service in another (relevant) position with Empire State Development. Up to 2 years of accredited post-secondary education, or service in the U.S. military may be substituted for service at ESD.

Duties Description Applicants MUST submit a cover letter with resume to be considered. This position will require in-office presence. Minorities, women, and individuals with disabilities are encouraged to apply. Please contact Human Resources if you require an accommodation. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy. BASIC FUNCTION: Manage the ESD debt and derivatives portfolio. Handle debt and investment analysis and reporting related to requirements of the Office of the State Comptroller, Division of Budget, and internal ESD reporting requirements. Work with the Treasurer to manage bond issuance process and related activities to ensure optimal structure, documentation, and execution. Serve as primary backup for Treasury operations and on capital markets issues. Prepare and deliver presentations to the Board for approval of required debt/investment programs and related projects/activities. Perform other activities including disclosure requirements, arbitrage compliance, liquidity facilities procurement, and financial analysis related to various ongoing activities. WORK PERFORMED: • Manage the debt portfolio of approximately $17 billion: - Work with the Treasurer to manage bond issuance process and related activities to ensure optimal structure, documentation and execution - Manage Arbitrage compliance reporting requirements for all bond issues from inception through maturity - Execute required disclosure filings and other compliance requirements of debt obligations - File necessary IRS forms to obtain interest subsidy payments related to BABs issues - Analyze and project revenues, expenses and cash flow that will impact State appropriation funding requirements for annual budget process - Calculate all funding drawdown amounts, tracked by every bond series and every program, for payment requirements throughout the year - Work with the Treasurer to execute all other debt related transactions (typically 4-6 per year) including refunding bonds, escrow restructuring transactions, defeasances and tenders - Meet with investment banking institutions, and evaluate proposals as needed - Obtain necessary liquidity facilities for variable rate instruments and related RFP process - Manage RFP process for Underwriters, Swap Providers and Financial Advisors • Send Quarterly and Annual reporting to OSC, DOB, and ESD that requires analysis and production of numerous reports and schedules related to all debt resolutions, all funding programs, all associated bond proceeds investment portfolios • Prepare and deliver presentations to the Board for approval of investments reports, guidelines, and various other items requiring Board approval • Respond to requests sent by auditors of NYS and ESD • Assist with investment management to ensure capital preservation, maximize returns commensurate with investments guidelines and liquidity needs, use of the Bloomberg terminal to help analyze investment options. Funds include working capital, revenue bond funds, and special project & economic development funds • Perform financial analyses related to various ongoing activities

Additional Comments Salary range as specified.Comprehensive Benefits Package.

Some positions may require additional credentials or a background check to verify your identity.

Name Jane Martinez – HR Trainer/Talent Acquisition Specialist

Telephone N/A

Fax N/A

Email Address resumes@esd.ny.gov

Address

Street 655 Third Avenue

City New York

State NY

Zip Code 10017

Notes on Applying External Candidates: Please attach cover letter and resume. To apply copy & paste URL in browser: https://bit.ly/3APr8cp Internal Candidates: Please apply through ADP using the Myself/Talent menu and submit your cover letter and resume for consideration WE ARE AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY