Director of Public Finance

Environmental Facilities • Albany, NY

271d • $123,793 - $156,224

About The Position

The Director of Public Finance reports to the Chief Financial Officer (CFO) and works closely with the leadership team within EFC. The Director of Public Finance is responsible for leading the Public Finance Unit, which is responsible for investments, bond issuance, debt portfolio management, reporting, and disclosure. In addition, the Director of Public Finance will review policies and procedures and implement improvements to processes within the Public Finance Unit.

Requirements

• 10 years of experience in a public or private sector organization with responsibilities managing the issuance of municipal bond transactions, including at least 5 years of experience in a management role.
• Bachelor's degree in business or public administration, finance, economics, or a related field. MBA, MPA, or CFA preferred.
• Strong background in public finance and experience working with transaction working groups including investment bankers, financial advisors, bond counsel, underwriter's counsel, and other consultants.
• Demonstrated managerial effectiveness with the ability to engage, motivate, and mentor staff of diverse backgrounds and experience.
• Experience managing a short-term liquidity program.
• Experience managing financing indentures for credit quality, refunding opportunities, issue frequency and structuring.
• Familiarity with State Revolving Funds preferred.
• An equivalent combination of education and experience sufficient to perform the duties of the position may be considered, as determined by the Corporation.

Nice To Haves

• Understanding of SEC, MSRB, EMMA, and the broader regulatory obligations related to issuing municipal debt.
• Intellectual curiosity and demonstrated ability to analyze complex numbers and calculations.
• Comfortable learning new data systems and manipulating large datasets.
• Experience using data analysis and reporting tools to summarize and present findings from complex datasets.
• Ability to identify and implement process improvements that optimize workflow and minimize financial risk.
• Strong attention to detail and ability to manage complex financial calculations.
• Excellent written and verbal communication skills, with the ability to convey information clearly and persuasively to varied audiences.
• Proficiency in data analysis and financial applications, including DBC Municipal Finance Solution products, SAS, and Microsoft Excel.

Responsibilities

• Provide leadership, direction, and management of municipal bond transactions.
• Identify market opportunities and transaction structures to maximize savings delivered to New York State municipalities.
• Monitor EFC's portfolio of outstanding debt; ensure compliance with continuing disclosure requirements and maintain communication with ratings services.
• Lead a team in the development of financing structures to comply with NYS Local Finance Law, recipient enabling legislation, financing documents, and State Revolving Fund (SRF) restrictions.
• Manage financing structures to increase the scale of capital deployment to support policy goals and maintain program liquidity.
• Manage EFC cash flow and permitted investments to address liquidity needs, preserve capital, mitigate risk, and maximize returns.
• Maintain relationships with underwriters, financial advisors, banks, government agencies, financing recipients, and other stakeholders.
• Ensure adherence to finance policies and procedures to maintain internal controls and minimize risk.
• Collaborate with EFC staff in the accurate and timely preparation of financial statements, Board materials, press releases, and internal management reports.
• Ensure consistent data collection, analysis, and reporting.
• Supervise staff including prioritizing and assigning work; conducting performance evaluations; training; ensuring that employees follow policies and procedures; and making hiring, termination, disciplinary, and promotional recommendations.

Benefits

• Paid Parental Leave
• 13 holidays and paid vacation, sick, and personal leave
• Comprehensive health insurance program including medical, prescription drug, dental, and vision plans
• Membership in the NYS and Local Retirement System, which is a defined retirement plan, or the Voluntary Defined Contribution Program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree