Deputy Treasurer of Debt Management

Recruitment #220519-NALC-07

Introduction

Deputy Treasurer of Debt Management

Starting Monthly Salary Range:  $9,166.66 – $10,000.00
Starting Annual Salary Range:  $110,000.00 - $120,000.00

* A cover letter and resume MUST accompany application.
* A copy of transcripts and certifications MUST be submitted with application
.
* This position is being advertised and recruited for nationally.

About The Job:
The Office of State Treasurer (OST) is an agency of Oklahoma state government created in the state constitution and headed by an elected State Treasurer. OST provides banking, investment, debt issuance, and unclaimed property services for state government with a staff of approximately 46 full time equivalent employees.

The Deputy Treasurer of Debt Management is a position within the Office of the State Treasurer that reports directly to the State Treasurer and works closely with members of the Council of Bond Oversight. The Council of Bond Oversight is responsible for consideration of the immediate and long‐term fiscal impact of an obligation, the proposed method of sale, the structure of the issue and the public purpose to be served. Direct reports for this position include the Director of Oklahoma Capitol Improvement Authority (OCIA) and the Senior Bond Advisor.
                                                            
Benefits:
State employees enjoy a comprehensive Benefit Package with a generous benefit allowance to offset the cost of insurance premiums for employees and their eligible dependents, retirement savings plan, 11 paid holidays, and longevity payments. Employees are provided a benefit allowance to spend towards their benefits. Employees earn 15 days of vacation and 15 days of sick leave in the first year of employment.

Physical Demands and Work Environment:
Work is typically performed in an office setting with a climate-controlled settings and exposure to moderate noise level. While performing the duties of the job, employee is required to communicate, move about inside the office, make 10-key entries, and utilize a keyboard.  This position requires long periods of remaining in a stationary position and daily use of a computer and phone.

Essential Functions:
• The functions within this job will vary, but may include the following:
• Reports directly to the State Treasurer.
• Provides oversight of Oklahoma Capitol Improvement Authority (OCIA).
• Responsible for the day‐to‐day operations of the Debt Management Division of the Oklahoma
  State Treasurer’s Office, including division staff assignments.
• Responsible for maintaining effective relationships with members of the Council of Bond
  Oversight, state officials, legislators and their staffs, bond counsel, bond holders,
  financial advisors, bond rating agencies, and the financial and bond communities.
• Responsible for providing state officers and legislators with advice and assistance on matters
  relating to capital planning, debt issuance and debt management.
• Responsible for reviewing applications for financing and providing summaries of the requests
  to the Council at its monthly meetings.
• Responsible for coordination of State debt issuance and charged with the following duties:

   Reviewing and commenting on all requests for proposals (RFP’s) for professional services;
   Approving fees and expenses paid to professional service providers;
   Providing technical advice to issuers on structuring and marketing of proposed obligations;
   Approving interest rates and reoffering yields on all negotiated transactions; and
   Maintaining records of the State’s outstanding obligations.

• Assists with staff support for the Long‐Range Capital Planning Commission.
• Responsible for the Oklahoma Debt Affordability Study.
• Responsible for the State Bond Advisor’s Annual Report detailing state debt.
• Provides guidance and support services to State Governmental Entities in the planning,
  structuring, and issuance of debt.
• Represents the state before credit rating agencies and credit enhancement providers.
• Member of the Oklahoma Commission on School & County Funds Management.
• Member of the Oklahoma Development Finance Authority’s (ODFA) Program Development and Credit
  Review Committee.
• Responsible for managing the Oklahoma Private Activity Bond Allocation Program.

Complexity Of Knowledge, Skills, and Abilities:
Knowledge of

• State government and the legislative process including experience working with elected
  officials.
• Technical and analytical knowledge of municipal debt.
• Tax codes and rules, disclosure, and other regulatory requirements.
• Financial markets, financial technology, municipal credit issues, and banking services.

Skills in
• Expressing ideas clearly and concisely, both orally and in writing.
• Demonstrating strong leadership, executive management, interpersonal skills, vision, and the
  initiative necessary to carry out duties and responsibilities.
• Maintain a professional demeanor in all situations.
• Successfully managing a wide array of complex projects.
• Analytical skills that are required to identify anomalies, find the source of issues, and take
  corrective action.

Ability to
• Use good judgment.
• Be detail oriented and demonstrate critical thinking.
• Ability to lead and direct the day‐to‐day operations, and administration including assignment
  of divisional staff responsibilities.
• Read, interpret, and apply various rules and regulations.
• Create and maintain strong interpersonal relationships among diverse stakeholders.
• Be highly proficient with PC office software, and Microsoft Office Suite.
• Demonstrate strong analytical, interpersonal, problem solving, and time management abilities.

Additional Requirements:
Education, certification, or licensure is required to meet qualifications, applicants must provide documentation with application.

All applicants must be legally authorized to work in the United States without visa sponsorship and are subject to a background check. All applicants will be subject to an authorized credit review as well as BOTH a state & federal background check.

This job description is not designed to cover nor contain a comprehensive listing of activities, duties, or responsibilities. Duties are based upon agency and state needs.

The Office of the State Treasurer is an Equal Opportunity Employer. www.ok.gov/treasurer

MINIMUM QUALIFICATIONS

Education and Experience Requirements: 
• Requirements at this level consist of
• Completion of a bachelor’s degree in accounting, business, finance or a closely related field AND substantial experience.
• Advanced degrees are preferred.
• Demonstrated direct experience with debt issuance.

Special Requirements:
• Core working hours are Monday through Friday, 8:00 am to 5:00 pm. Some periodic work-related
  travel and after-hours work may be required.
• All new hire employees are subject to a minimum 6-month trial period up to 1 year.
• FLSA Exempt.

NOTES

Please read instructions carefully and include all required documents when you submit your application.

No additional information will be accepted after the application has been submitted.