About the Office of the Massachusetts State Treasurer and Receiver General (“Treasury”)

Our mission is to manage and safeguard the State's public deposits and investments through sound business practices for the exclusive benefits of our citizens, and perform these duties with integrity, excellence, and leadership. Additionally, we strive to provide economic opportunity, stability, and security for every Massachusetts resident.

We are committed to excellence in recruiting, hiring, and retaining diverse and qualified individuals. We value the culture of diversity and professionalism in the workplace, and strongly believe that our workforce should reflect our community.

https://www.surveymonkey.com/r/FM68GFV

Purpose of the Job:

The Senior Debt Manager shall provide support to the Deputy Treasurer for Debt Management in carrying out the essential functions of the Debt Management Department.

Essential Functions and Responsibilities:

• Participate as active team member in state debt financings, including bond structuring decisions and refunding opportunities, review offering documents, and participation in due diligence meetings.
• Manage the banking syndicate for each negotiated bond issuance.
• Lead the procurement process and evaluation of key third party advisors including underwriters and syndicate banks, financial advisors, and legal counsel.
• Responsible for the development of Investor and Rating Agency presentations and financial updates.
• Monitor and review the Commonwealth’s debt database in DBC Manager software and reconcile to Corporate Universe, Comptroller’s DBC database, and the Master Database.
• Responsible for development of Annual Plan of Finance and assist with the implementation of short-term and long-term financing strategies.
• Responsible for updates to Commonwealth Information Statement in coordination with disclosure counsel and Executive Office of Administration and Finance.
• Monitor and maintain the variable rate debt portfolio and develop risk management measures and reporting practices regarding the debt portfolio’s interest rate risk, counterparty risk, liquidity risk, etc.
• Analyze new products or innovative financing idea.
• Assist in the negotiation of terms and conditions for bond covenants, liquidity facilities, credits lines and agreements with rating agencies, etc.
• Coordinate Commonwealth Annual Investor Conference including developing agenda, engaging panel participants and speakers, as well as overall event logistics.
• Provide oversight of website and postings to EMMA.
• Develop and maintain all debt management policies and procedures ensuring that all areas of responsibilities are included.
• Provide updates to the Commonwealth’s annual financial report for debt related sections.
• Responsible for monitoring models for Unemployment Trust Fund and College Opportunity bonds.
• Assist Deputy Treasurer on matters including the budget, Debt Affordability Committee and bond proceeds allocations.

Other Essential Functions and Responsibilities:

• Supervise a staff of 3 direct reports.
• Commitment to promoting, fostering, and maintaining a culture of Diversity, Equality, Inclusion & Belonging.

Knowledge and Skills:

• Experience in managing an organization dealing with complex issues involving several levels of government.
• Strong understanding of municipal finance.
• Bachelor’s degree preferred.
• Strong experience with MS Excel, MS Word, MS PowerPoint, and MS Access.
• Strong written and oral communication skills; the ability to interact effectively with individuals with a range of backgrounds.
• Must be able to effectively handle multiple projects simultaneously in a deadline driven environment.
• Must have the ability to work cooperatively and collaboratively with all levels of employees, management, and external groups to maximize performance, creativity, problem-solving and results.
• Excellent organizational and problem-solving skills.