Director of Debt Management

State of Indiana•Indianapolis, IN

About The Position

The Debt Manager monitors and manages existing debt and new debt issuance at the Indiana Finance Authority (IFA), with the goal of minimizing debt service costs. The role is involved in all aspects of IFA debt, including evaluating structures, pricing and closing bond deals, ongoing monitoring, continuing disclosure, reviewing financial proposals, and managing banking relationships. The salary may be commensurate with education and work experience. This position is exempt from overtime compensation; employees may work more than 75 hours in a pay period without additional compensation and must report at least 75 hours per pay period of work hours and/or paid leave to receive their base biweekly salary. The role may be used in a supervisory capacity based on agency needs.

Requirements

Professional and/or educational experience relating to financial markets, credit analysis, and/or investments.
Strong written, presentation, and organizational skills.
Ability to work independently and demonstrate initiative as a self-starter.
Proficiency in Microsoft Excel, Word, and PowerPoint.
Good judgment and maturity as a visible representative of the State.

Nice To Haves

Municipal finance experience preferred.
CFA and/or MBA helpful.
Experience with Bloomberg preferred.

Responsibilities

Minimize the IFA’s debt service costs and associated risks through efficient and effective debt management practices.
Provide the Public Finance Director with comprehensive analysis and recommendations for financing decisions, considering current market conditions and input from underwriters and financial advisors.
Manage reporting related to the IFA’s debt portfolio and Public Private Partnerships, including the State Indebtedness summary in Appendix A of offering documents, debt-related portions of the IFA’s annual audit, and the State’s credit rating agency presentations.
Manage the IFA’s external relationships, including bankers and financial advisors, to ensure proper support levels.
Assist the Public Finance Director with IFA investments.
Partner with the CFO on financial statements, audits, and related work.

Benefits

Three medical plan options, including prescription coverage, as well as vision and dental plans.
Wellness Rewards Program with gift card rewards for completing wellness activities.
Health savings account with bi-weekly state contributions.
Deferred compensation 457(b) account with employer match.
Two fully funded pension plan options.
Leave policies including 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers.
Up to 15 hours of paid community service leave.
Combined 180 hours of paid vacation, personal, and sick leave time off.
12 paid holidays, or 14 in election years.
Education Reimbursement Program.
Group life insurance.
Referral Bonus program.
Employee assistance program with covered behavioral health visits.
Qualified employer for the Public Service Loan Forgiveness Program.
Free parking for most positions.
Free LinkedIn Learning access.