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ADMINISTRATOR II

Lease Administrator

Recruitment #14-002587-0034

Introduction

This is a Skilled Service, Position Specific Recruitment for the Maryland State Treasurer's Office.  The resulting eligibility list will be used to staff this position/function only.  Interested persons need to reapply for any future recruitments for this classification.

GRADE

17

LOCATION OF POSITION

Annapolis, Maryland

Main Purpose of Job

This position coordinates, directs and supervises certain activities required for the successful completion of each general obligation bond issuance.  This position plays a critical role in the preparation of the Preliminary Official Statement (POS) and the Official Statement (OS) which serve as the State’s bond offering documents utilized by rating agencies, investors and underwriter’s in their respective capacities.  This position administers the State’s Capital Equipment Lease Purchase Program and Energy Capital Lease Programs. These programs are specialized programs administered exclusively by the State Treasurer’s Office and utilized by all State agencies to finance eligible equipment purchases and energy saving improvements.  This includes the daily oversight and management of approximately $260 million of capital leases outstanding and the payment of approximately $36 million in debt service as of June 30, 2014.  This position must continuously adjust procedures, analyses, and document preparation with respect to the Lease Program. These adjustments are necessary in order to reflect the current banking environment and to produce the most advantageous outcome for the State.

MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS

Education: A Bachelor's degree from an accredited college or university.

Experience: Four years of experience in administrative staff or professional work.

Notes:

1. Additional experience in administrative staff or professional work may be substituted on a year-for-year basis for the required education.

2. Additional graduate level education at an accredited college or university may be substituted at the rate of 30 semester credit hours on a year to year basis for the required general experience.

3. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer involving staff work related to the administration of rules, regulations, policy, procedures and processes, or overseeing or coordinating unit operations or functioning as a staff assistant to a higher ranking commissioned officer on a year to year basis for the required education and experience.

SELECTIVE QUALIFICATIONS

One year of the required experience must have involved financial program administration, financial compliance review work or the maintenance and reconciliation of  loan or financial records.

DESIRED OR PREFERRED QUALIFICATIONS

  • Experience with the underwriting of loans/leases, including the coordination of activities associated with closing of loans, preparation of Preliminary Official Statements and Official Statements or other offering documents, and ensuring compliance with IRS Federal Tax Regulations.
  • Experience implementing and managing ongoing activities associated with a capital lease or other financing programs including but not limited to the responsibility for the evaluation of responses to Notices inviting Bids, coordination of payment schedules, monthly reporting and debt service payments.

LIMITATIONS ON SELECTION

Applicants must be willing to work in the Annapolis area.

SPECIAL REQUIREMENTS

Applicants are subject to a background investigation to include criminal, credit and driving history. 

SELECTION PROCESS

Applicants who meet the minimum and selective qualifications will be admitted to examination for this classification.  Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.

EXAMINATION PROCESS

The examination consists of a rating of your education, training, and experience related to the requirements of the position.  You may be required to complete a qualifications supplement, or the rating may be based on the information contained in your application.  Therefore, it is important that you provide complete and accurate information to describe your training and experience, on your application.  You may be asked to supply transcripts upon interview.

BENEFITS

STATE OF MARYLAND BENEFITS

FURTHER INSTRUCTIONS

General Questions for this recruitment can be directed to the STO Personnel Office at: 410-260-6382 or 410-260-7078.

Please upload a current resume’ for this recruitment. If you do not have access to the Internet and need to fill out a paper application, please forward to: Maryland State Treasurer’s Office 80 Calvert Street, Room 109 Annapolis, Maryland  21401 Attn: HR or FAX: 410-260-4090.  Please include the recruitment number for which you are intending to apply.

TTY Users: Call via Maryland Relay 

We thank our Veterans for their service to our country, and encourage them to apply.

As an equal opportunity employer Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.




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