Senior Financial Analyst, Debt Management
Port Authority of New York and New Jersey
**Description**
About the Role
Under the supervision of the Debt Manager, the selected candidate will be responsible for the following: administering of the Authority’s Variable Rate Master Note Program; serving as back-up for the administration and issuance of Commercial Paper; the processing of lost bonds, Security Manager for various on-line banking systems; assisting staff members with the gathering of information during the due diligence process, as well as performing other various functions in connection with issuances of Port Authority obligations; preparing various reports on a daily/weekly/monthly basis, as well as a quarterly financial report for our rating agencies; and special assignments as needed.
Responsibilities
+ Administering outstanding debt obligations, including the payment of debt service and preparation of redemption notices
+ Assisting in the issuance of various debt instruments
+ Analyzing outstanding debt portfolio and offering recommendations for refunding opportunities
+ Reviewing and administering various agreements and contracts in connection with debt issuances
+ Preparing various authorization documents and associated PowerPoint presentations for executive level staff
+ Assisting with the preparation of the division’s budget and associated variance analysis
+ Preparing various reports and handling any special debt related projects
Minimum Qualifications
+ Bachelor’s degree in finance, Business, Economics, Accounting, or another related field. In lieu of a bachelor’s degree, 3-5 years’ experience in debt management and/or treasury related functions for another municipal issuer.
+ Extensive knowledge of municipal debt products, financial modeling and present value calculations
+ Specific knowledge of variable rate debt products and other debt products, as well as associated agreements and contracts
+ Strong analytical, organizational, problem-solving, verbal and written communications skills
+ Proficiency using Excel, PowerPoint and MS Word
Desired Qualifications
+ A master’s degree in finance, Business or Accounting is preferred.
+ Demonstrated knowledge of the various debt instruments utilized by the Port Authority.
+ Understanding of the Port Authority’s Capital Plan and its relationship to debt issuance.
+ Experience with the Port Authority’s budgeting process
+ Knowledge of SAP and DBC Finance is highly desirable
Selection Process
The application process varies by position, but typically includes an initial phone interview for qualified candidates, followed by a more in-depth interview(s) and/or assessment(s). Selected candidates who are made a conditional job offer will be asked to undergo a background check.
Compensation & Benefits
The Port Authority of New York and New Jersey offers a competitive benefits package, hybrid work options for many positions, and a professional environment that supports development and recognizes achievement.
Click here (https://www.jointheportauthority.com/pages/working-here) for more information about benefits, our culture, and career development opportunities.
REQNUMBER: 62252
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