Financial Analyst- Department of Finance (Debt Management)

City of San Jose•San Jose, CA

9d•Onsite

About The Position

The City of San José is seeking one (1) Financial Analyst to join its Debt Management team within the Finance Department. This role is crucial for managing the City's diverse and complex debt portfolio and supporting the overall debt management program. The Finance Department's mission is to manage, protect, and report on City of San José financial resources to enhance the City’s financial condition for residents, businesses, and investors. The department has five core divisions: Accounting Administration, Debt & Treasury Management, Purchasing & Risk Management, and Revenue Management. The Finance Department operates with a $27.6 million operating budget and 125 budgeted full-time equivalent (FTE) positions.

Requirements

Completion of a baccalaureate degree from an accredited college or university in business, finance, accounting, public administration, or a closely related field including a minimum of eighteen semester units of advanced college course work in a combination of the following: business or governmental finance, accounting, economics, statistics, quantitative methods, or governmental financial management.
Four years of increasingly responsible professional level analytical compliance, research, quantitative, and/or operation experience in financial, fiscal, or accounting work is required.
Completion of an unrelated Bachelor’s degree with a Master’s or higher degree in a closely related field such as business or public administration, finance, may substitute for the education requirement including the eighteen (18) semester units of applicable college course work.
Possession of a valid California driver’s license may be required for some assignments.
Job Expertise - Demonstrates knowledge of and experience with applicable professional/technical principles and practices of debt management, citywide and departmental procedures/policies, and federal and state rules, regulations, and disclosure compliance requirements.
Communication Skills - Effectively conveys information and expresses thoughts and facts clearly, orally and in writing; demonstrates effective use of listening skills and displays openness to other people's ideas and thoughts.
Computer Skills - Experienced with common business computer applications, including but not limited to: MS Outlook, MS Word, MS PowerPoint, MS Access, MS Excel and SharePoint.
Teamwork and Interpersonal Skills - Develops effective relationships with co-workers, supervisors, and consultants by helping others accomplish tasks and using collaboration and conflict resolution skills.
Analytical Thinking - Approaches a problem or situation by using a logical, systematic, sequential approach.
Planning - Acts to align own unit's goals with the strategic direction of the organization; defines tasks and milestones to achieve objectives, while ensuring the optimal use of resources to meet those objectives.
Problem Solving - Approaches a situation or problem by defining the problem or issue; determines the significance of the problem; collects information.
Social Awareness - Demonstrates the ability to read or sense other people’s emotions and how they influence the situation of interest or concern; demonstrates empathy and organizational awareness.

Responsibilities

Perform professional level functions associated with the management, monitoring, and administration of the City-wide Debt Program, including long term bonds (fix and variable rate), commercial paper, bank loans, private placements and notes.
Collaborate with City accounting and investment staff in the management of the City’s debt portfolio.
Engage in the issuance of debt across a broad range of credits including general obligation, lease revenue, airport, wastewater, clean energy, land-based (assessment districts/community facilities districts) and multi-family housing revenue.
Coordinate and work effectively in the bond financing team which includes City Attorney’s Office, City departments, municipal advisor, bond counsel, trustees/fiscal agent and underwriters in order to effectively manage the debt issuance process and to manage the City’s large and diverse debt portfolio.
Maintain and manage a large, computerized debt management database.
Coordinate investment of bond proceeds.
Manage post issuance compliance for outstanding debt and complete interim arbitrage calculations to determine rebate liabilities to the IRS and coordinate five-year arbitrage calculations with arbitrage rebate consultant.
Review regular, periodic trustee account statements and other reports to ensure appropriate proceeds management and adherence to legal requirements and conformance with City policy.
Prepare financial reports and analyses as part of the City's production and presentation of financial reports.
Utilize and manage relational database applications and run query techniques.
Prepare annual continuing disclosure reports and necessary compliance reporting subject to Rule 15c2-12.
Process, prepare, and analyze information to complete assignments, solve complex problems and work independently as necessary.