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- Description
- Open Until FilledEXECUTIVE SERVICE(This position serves at the pleasure of the Appointing Authority.)
The Maryland Transportation Authority (MDTA) owns, operates, and maintains eight major toll facilities comprised of four bridges, two tunnels, and two turnpikes, across the State of Maryland. For over 50 years, the MDTA has provided Maryland's citizens and visitors with safe, secure and convenient transportation facilities. We are committed to quality and excellence in customer service, and we rely on our organization's values, traditions and - most importantly - our employees to achieve these goals.
Nature of Work: The Director of Treasury and Debt's primary focus is to manage the investments, financings, banking, and accounting for investment related activities. This position will directly supervise the Investment Administrator, Debt Administrator, and Treasury Supervisor.
In addition to core duties of management, the Director of Treasury and Debt is tasked with providing analysis and recommendations on elements of MDTA's Financial Forecast, Traffic Revenue Studies, Insurance Program, and Legislation.
Duties of this position include, but are not limited to, the following:
- Manage MDTA investments and serve on the Investment Committee;
- Investment Policy adherence and compliance monitoring, Board reporting on strategy, investment returns, benchmarks, and policy compliance;
- Advise, plan, coordinate, and manage the sale of revenue bonds and other debt, including timing and amount of bond sales;
- Supervise banking activities and accounting of banking and investment-related transactions;
- Prepare and/or coordinate financial information (cash flow models, scenario analysis, investment total return performance measurement, investment strategy, rate covenant, and debt service coverage) to be presented to the MDTA Board, credit rating agencies, and other external parties; and
- Oversee general ledger entries associated with investments, including purchases, sales, amortization, accretion, and accrued interest.
This position will report directly to the Deputy Director of Budget, Treasury, and Debt.
The current vacancy is located in Baltimore, MD. Hybrid telework schedules may be available for this position.
MDTA employees are offered a generous benefits package including a minimum of 11 paid holidays, a minimum of 27* days of leave annually (personal, vacation, and sick), access to the State Pension System, deferred compensation plans, excellent health, dental, and vision plans, and more! *May be prorated based on start date. - Qualifications
PREFERRED QUALIFICATIONS
Education: Possession of a Bachelor's degree in finance, economics, accounting, or related field from an accredited college or university.
Experience: Five (5) years of experience in institutional investment management with bond portfolios. Three (3) years of experience supervising individuals performing professional accounting, auditing, fiscal, and/or finance-related tasks.
The ideal candidate will possess experience in:- Financial analysis, forecasting, and modeling
- Time value of money and break-even calculations
- Bond financings
Your placement on an eligible list may be based solely on the contents of your application; therefore, it is essential that you provide complete and accurate information. Please include all relevant experience on your application. This includes, but is not limited to, full or part time, volunteer, military, acting capacity, or any other experience that is relevant to the position you are applying for.
If you have held more than one (1) position at the same employer, please list each position that you held and the length of time that you held each position.- Licenses & Certifications
None.
- Additional Information
APPLICATION PROCESS:
Please apply online at https://www.governmentjobs.com/careers/mdotmd RESUMES CANNOT BE SUBSTITUTED FOR THE ONLINE EMPLOYMENT APPLICATION. Paper applications (Form DTS-1) will not be accepted for this recruitment.
NOTES:
Please be advised that the State of Maryland is dedicated to a drug-free workplace, and as a result, employees are subject to the State's Substance Abuse Policy, including possible drug testing. Selected candidate(s) may be subject to background and reference checks.
The incumbent in this position is not a member of a covered bargaining unit.
For education obtained outside the U.S., at the time of application, you are required to provide proof of the equivalent American education as determined by a foreign credential evaluation service, such as the National Association of Credential Evaluation Services (http://www.naces.org) or World Education Services: International Credential Evaluation (https://www.wes.org/). This must be submitted as an attachment with the application for the position in which you are applying.
The Maryland Transportation Authority is not sponsoring new employees in the application of the H-1B Visa or providing an extension of an existing H-1B Visa currently due to budgetary constraints. All applicants must be legally authorized to work in the United States under the Immigration Reform and Control Act of 1986. Federal regulations prohibit H-1B Visa candidates from paying sponsorship fees, all sponsorship fees must be assumed by the potential employer.
WE ARE AN EQUAL-OPPORTUNITY EMPLOYER. MDTA does not discriminate based on age, ancestry, color, creed, gender identity or expression, genetic information, marital status, mental or physical disability, national origin, race, religious affiliation, belief or opinion, sex, or sexual orientation.
MDOT has various careers for people of all experiences, backgrounds, and abilities who come together to contribute to one mission - connecting our customers to life's opportunities. Join us in serving our Maryland residents, visitors, and businesses!
Reasonable Accommodations for persons with disabilities will be provided upon request.
Appropriate auxiliary aids and services for qualified individuals with disabilities will be provided upon request. Please notify in advance. MD Relay Service Number 1-800-735-2258 (TTY Number: 711). Bilingual applicants are encouraged to apply.
Issue Date: 05/16/2024