EXEC V
Director of Debt Management
Recruitment #14-009605-001
Department | Treasury Management |
---|---|
Date Opened | 4/25/2014 11:59:00 AM |
Filing Deadline | 9/4/2014 4:30:00 PM |
Employment Type |
Full-Time
|
HR Analyst | Cissy Blasi |
Work Location |
Anne Arundel
|
Introduction
The State Treasurer is responsible for receiving, depositing, investing and distributing State funds, anticipating the cash-flow needs of the State and, on behalf of the Board of Public Works, conducting bond sales several times a year to ensure the State’s financial ability to meet its fiscal obligations. The State Treasurer also provides lease-purchase financing of capital equipment for State agencies and handles insurance needs for State government.
The State Treasurer's Office organization includes an Executive Office and six divisions. This position serves as the Director of the Debt Management Division.
GRADE
LOCATION OF POSITION
Main Purpose of Job
POSITION DUTIES
- Coordinate issuance, management, and payment of debt service of State General Obligation Bonds
- Serve as liaison with credit rating agencies
- Track capital project authorizations, bond issuances and expenditures
- Comply with all IRS post-issuance requirements making prompt and complete disclosures
- Coordinate the preparation of the debt service budget with the Department of Budget and Management
- Prepare reports and financial documents such as Official Statements, Anticipated Debt Reports and Legislative Reports
- Develop and implement policies and procedures for Fixed and Variable Rate Debt, SWAPS and Taxable Debt
- Procure and Manage Financial Services to include Financial Advisors, Underwriters, Escrow Agents and Fiscal Agents
- Staff the Capital Debt Affordability Committee and the Commission on State Debt and supervise the preparation of the Annual Reports
- Manage the Division of Debt Management including the work of 3 professional staff.
MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS
Bachelor’s Degree in Finance, Accounting or a related field. Post Graduate work preferred.
DESIRED OR PREFERRED QUALIFICATIONS
LIMITATIONS ON SELECTION
Please make sure that you provide sufficient information on your application (and on separate pages, if necessary) to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.
Conclusion
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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SPECIAL REQUIREMENTS
This is an Executive Service position which serves at the pleasure of the Maryland State Treasurer and her designated appointees.
Applicants will be subject to a background investigation to include credit, criminal and driving history.