Director of Bond Finance

Recruitment #080122-MABZ36-250100

Summary Statement

The Director of Bond Finance is responsible for all aspects of the State's debt issuance activities including determining the timing, amount and method of sale, recommending the use of underwriters and underwriter's counsel, preparing the Official Statement and coordinating the activities of financial advisors and bond counsel.

Essential Functions

Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class. Since class specifications are descriptive and not restrictive, incumbents can complete job duties of similar kind not specifically listed here.
  • Coordinates and manages administrative aspects of State General Obligation bond sales, certificates of participation and Land/Water Conservation Trust Fund bonds; Prepares bond prospectus; offering statements.  
  • Serves as primary contact person for State for legal counsel, financial advisors, underwriters, credit rating agencies and legal counsel and participates in their selection process as required; Serves as liaison between debt issuers and cabinet and elected officials with bond issuing authority (Secretary of Finance, Secretary of State, Governor and State Treasurer.)
  • Provides oversight and guidance to authorities on other bond issuances such as the Delaware Transportation Authority, Delaware State Housing Authority, Delaware Solid Waste Authority and Delaware Health Facilities Authority.
  • Monitors local and national economic, fiscal and legislative environments to assess impact on State's debt issuing activities and public finance policy issues.  Develops and maintains comprehensive data base of relevant financial and economic information.
  • Analyzes Statewide capital spending to provide policy makers with the framework needed to address related proposals for infrastructure finance including school construction, water/wastewater, land and water acquisition, such as decreased federal support, on State capital spending.
  • Works with local governments and non-profit organizations, upon request, to provide technical assistance on capital finance matters, and to ensure bond issuance and usage is accomplished in accordance with legal and regulatory requirements. Researches policy issues relative to state/local government financing relationships.
  • Conducts comprehensive studies and develops strategies related to such issues as State employee pensions, local police/firefighter pensions and debt affordability.
  • Participates in the selection and oversees the work of consultants engaged in the analysis of public financing initiatives.

Job Requirements

JOB REQUIREMENTS for Director of Bond Finance
Applicants must have education, training and/or experience demonstrating competence in each of the following areas:

  1. Possession of a Bachelors degree or higher in Public Administration, Economics, Business Management, Accounting, Finance, Public Policy, or related field.
  2. Three years experience in analyzing capital needs.
  3. Three years experience in finance.
  4. Six months experience in policy analysis which includes analyzing policies to make recommendations on the development or modification of policies.
  5. Three years experience in project management which includes planning, developing, implementing, managing and evaluating projects to ensure objectives are met.
  6. Knowledge of debt issuance which includes financial analysis of debt policy, market activities, domestic capital markets and capital financing options.

Conditions of Hire

Applicant must complete satisfactory criminal background check, reference checks, confirmation of compliance with federal and state tax laws, and any other required condition of employment.


To learn more about the comprehensive benefit package please visit our website at

Selection Process

The application and supplemental questionnaire are evaluated based upon a rating of your education, training and experience as they relate to the job requirements of the position.  It is essential that you provide complete and accurate information on your application and the supplemental questionnaire to include dates of employment, job title and job duties.  For education and training, list name of educational provider, training course titles and summary of course content.   Narrative information supplied in response to the questions must be supported by the information supplied on the application including your employment, education and training history as it relates to the job requirements.

Once you have submitted your application on-line, all future correspondence related to your application will be sent via email.  Please keep your contact information current.  You may also view all correspondence sent to you by the State of Delaware in the “My Applications” tab at Delaware State Jobs.


Accommodations are available for applicants with disabilities in all phases of the application and employment process.  To request an auxiliary aid or service please call (302) 739-5458. TDD users should call the Delaware Relay Service Number 1-800-232-5460 for assistance.

The State of Delaware is an Equal Opportunity employer and values a diverse workforce. We strongly encourage and seek out a workforce representative of Delaware including race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression.