Debt Specialist (1824) - Office of the Controller (Hybrid/Remote)

  • Full-time
  • Work Hours: Regular
  • Job Code and Title: 1824-Principal Administrative Analyst
  • Fill Type: Temporary Exempt

Company Description

About the Controller's Office:
The Controller is the City’s chief financial officer. Our team includes financial, technology, analytical and other professionals who work hard to secure the City’s financial integrity and promote efficient, effective and accountable government. We hold ourselves to high standards and strive to be a model for good government. We value the diverse backgrounds, perspectives and lived experiences of our teams and clients in everything we do. We work in a collaborative and inclusive environment, promote equal opportunity, and invest in the professional development and wellbeing of our team members. You can expect to work alongside colleagues who are committed to serving the public with integrity and want to see positive impacts from their work. We are looking for smart, motivated individuals who want to make a difference and use government to play a role in solving our City’s problems, including addressing long-standing and harmful disparities in our communities. For a career with purpose and professional growth, join us in the Controller’s Office.

Specific information regarding this application process are listed below.

Job Description

Office of Public Finance:
The Office of Public Finance (OPF) manages a multi-billion-dollar municipal debt portfolio, oversees the issuance of new debt secured by property taxes, special taxes and general fund sources. Additionally, OPF initiates the City’s debt policies and procedures and provides technical expertise for the preparation and monitoring of the City’s Ten-Year Capital Plan.  Debt management includes compliance with contractual bond covenants, Securities and Exchange Commission (SEC) acts, U.S. Treasury regulations and IRS rules for tax-exempt securities.  Following the dissolution of Redevelopment Agencies in 2012, OPF is now charged with the formation and administration of Community Facilities Districts (CFDs) and Infrastructure Financing Districts (IFDs) to help fund infrastructure for major real estate development projects within the City. For more information on the Office of Public Finance, visit our website.

We are seeking a Debt Specialist to help manage OPF’s growing portfolio of debt obligations and districts.  Our ideal candidate would approach their work thoughtfully, manage a wide-variety of time-sensitive assignments, and enjoy working collaboratively. We encourage all interested candidates to apply for this challenging and rewarding position.

Position Description:
Under supervision from the Director of Public Finance, this position will maintain responsibility for certain aspects of bond transactions, including ongoing bond compliance and administration, as well as other special projects and analyses. This position will lead the structuring of financings for new capital projects, attend certain Committee and Board meetings, and may work with departments to prepare requests for capital project funding to be submitted to the City’s Capital Planning Committee and the Board of Supervisors. The Debt Specialist will provide complex, sensitive, detailed analytical work to help manage OPF's current debt portfolio and growing CFD/IFD portfolio, including analysis and recommendations involved in debt finance risk management, issuing new debt, developing and/or updating policies and procedures, monitoring and administering the ten-year capital plan and preparing comprehensive, complex and sensitive financial reports for a variety of audiences.

Duties may include, but are not limited to the following:

  • Management of transaction teams and internal staff throughout debt issuance and/or district formation processes;
  • Ensuring the accuracy, efficiency and applicability of all related legal documentation, such as resolutions, indenture/trust agreements and preliminary and final official statements and other bond disclosures; including careful review of all documents and coordination with the City Attorney’s Office and outside bond and disclosure counsel;
  • Overseeing ongoing debt management in accordance with applicable tax law, including investment of bond proceeds, compliance of bond covenants pursuant to various trust indentures, and arbitrage calculations; development and/or execution of policies and procedures for debt management, such as the City’s Debt Policy;
  • Coordinating credit analyst/investor relations activities which may include retail marketing campaigns, site tours, conference calls and meetings;
  • Assisting in the procurement of appropriate consultants and related contracts for professional services which may include writing RFPs and/or RFQs, and managing selection committees;
  • Coordinating with City stakeholders including the Controller, Treasurer, City Attorney, Director of Real Property, City Risk Manager, underwriters, municipal advisors, bond counsel, disclosure counsel and/or trustees to execute bond transactions and manage special tax districts;
  • Managing legislative approval processes; including posting meeting notices, preparing staff reports, coordinating with the Capital Planning Committee, the Budget Legislative Analyst’s Office, Board of Supervisors staff, and the Office of Clerk of the Board of Supervisors;
  • Other miscellaneous projects and duties may include preparing financial analyses and other presentation materials, as needed; conducting research on various debt-related topics; conducting negotiations on complex financial agreements; helping with special projects for the Controller, Mayor’s Office and Board of Supervisors, as needed.

Qualifications

These minimum qualifications are to be used as a guide for establishing the education, training, experience, special skills and/or license which may be required for employment in the class. Although these minimum qualifications are typical of the class, additional minimum qualifications and special conditions may apply to a particular position and will be stated on the job announcement.

1. Possession of a graduate degree (Master's degree or higher) from an accredited college or university, and five (5) years full-time equivalent experience performing professional-level analytical work as described in Note A; OR

2. Possession of a graduate degree (Master's degree or higher) from an accredited college or university with major college coursework as described in Note B, and four (4) years full-time equivalent experience performing professional-level analytical work as described in Note A; OR

3. Possession of a baccalaureate degree from an accredited college or university, and six (6) years full-time equivalent experience performing professional-level analytical work as described in Note A; OR

4. Possession of a baccalaureate degree from an accredited college or university with major college coursework as described in Note B, and five (5) years full-time-equivalent experience performing professional-level analytical work as described in Note A;

SUBSTITUTION:
Applicants may substitute up to 2 years of the required education with additional qualifying experience in budget analysis, financial analysis and reporting, legislative/policy analysis, or contract/grant administration. One year (2000 hours) of additional qualifying experience will be considered equivalent to 30 semester units/45 quarter units.

Notes on Qualifying Experience and Education:
A. Qualifying professional-level analytical experience must be in one or more of the following functional areas: complex budget analysis, development and administration; complex financial/fiscal analysis and reporting; development of complex contracting systems and administration of competitive bid processes and complex contractual agreements; development and evaluation of complex management/administrative policy; complex grant administration and monitoring; complex program evaluation and planning; complex legislative analysis; complex economic analysis; or other functional areas related to the duties of positions in Class 1824, where the primary focus of the job is complex professional-level analysis for evaluation, recommendation, development and implementation of major programs and functions of department/organization. Analytical experience equivalent to the duties of Class 1823 is considered qualifying.

B. Coursework applicable to a baccalaureate or higher degree in specialized subject matter areas such as public or business administration, management, business law, contract law, public policy, urban studies, economics, statistical analysis, finance, accounting or other fields of study closely related to the essential functions of positions in Class 1824.

Desirable Qualifications:

  • The stated desirable qualifications may be used to identify job finalists at the end of the selection process when candidates are referred for hiring.
  • The ideal candidate will be a motivated leader who is professional, team oriented, collaborative, and politically savvy. 
  • Proven ability to interact skillfully and tactfully with people at all levels of the organization, government agencies, community partners and business representatives. 
  • Superior project management and communication skills, including organizing and facilitating meetings and presenting technical information to diverse groups of stakeholders.
  • Experience with New Market Tax Credit transactions, community development, and/or non-profit management is highly desired.
  • Willingness to flex between administrative and management duties.
  • Excellent attention to detail. 
  • Ability to conduct oral presentations to senior management and stakeholders

    Verification:  Applicants will be required to submit verification of qualifying education and experience at any point during the recruitment and selection process. If education verification is required, information on how to verify education requirements, including verifying foreign education credits or degree equivalency, can be found at http://sfdhr.org/index.aspx?page=456.

Note: Falsifying one’s education, training, or work experience or attempted deception on the application may result in disqualification for this and future job opportunities with the City and County of San Francisco.

Additional Information

Additional Information Regarding Employment with the City and County of San Francisco:

HOW TO APPLY:
Applications for City and County of San Francisco jobs are only accepted through an online process. Visit https://careers.smartrecruiters.com/CityAndCountyOfSanFrancisco1/ and begin the application process.

  • Select the “I’m Interested” button and follow instructions on the screen

Applicants may be contacted by email about this recruitment and, therefore, it is their responsibility to ensure that their registered email address is accurate and kept up-to-date. Also, applicants must ensure that email from CCSF is not blocked on their computer by a spam filter. To prevent blocking, applicants should set up their email to accept CCSF mail from the following addresses (@sfgov.org, @sfdpw.org, @sfport.com, @flysfo.com, @sfwater.org, @sfdph.org, @asianart.org, @sfmta.com, @sfpl.org, @dcyf.org, @first5sf.org, @famsf.org, @ccsf.edu, @smartalerts.info, and @smartrecruiters.com).

Applicants will receive a confirmation email that their online application has been received in response to every announcement for which they file. Applicants should retain this confirmation email for their records. Failure to receive this email means that the online application was not submitted or received. 

Analyst Information: If you have any questions regarding this recruitment or application process, please contact the analyst Vicente Centeno at [email protected]

CONDITION OF EMPLOYMENT:  All City and County of San Francisco employees are required to be fully vaccinated against COVID-19 as a condition of employment. Someone is fully vaccinated when 14 days have passed since they received the final dose of a two-shot vaccine or a dose of a one-shot vaccine. Any new hire must present proof of full vaccination status to be appointed. Any new hire who will be routinely assigned or occasionally enter High-Risk Settings, must provide proof of having received a COVID-19 booster vaccine by March 1, 2022, or once eligible.

The City and County of San Francisco encourages women, minorities and persons with disabilities to apply. Applicants will be considered regardless of their sex, race, age, religion, color, national origin, ancestry, physical disability, mental disability, medical condition (associated with cancer, a history of cancer, or genetic characteristics), HIV/AIDS status, genetic information, marital status, sexual orientation, gender, gender identity, gender expression, military and veteran status, or other protected category under the law.

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