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Cook County Government · 1 day ago

ASSISTANT DEPUTY BUREAU CHIEF, DEBT MANAGEMENT - BUREAU OF FINANCE (SHAKMAN EXEMPT)

Chicago, IL

Full-time

Onsite

Mid, Senior Level

$123K/yr - $150K/yr

4+ years exp

Cook County Government is seeking an Assistant Deputy Bureau Chief in Debt Management to oversee the County’s debt portfolio. This role involves managing the sale, disclosure, and administration of various financing products while providing expert financial guidance to senior leadership and ensuring compliance with regulations.

GovernmentNon ProfitResidential

Responsibilities

Oversee the administration of the County’s debt portfolio and evaluates financing proposals to provide recommendations on risks, benefits, and alternatives aligned with County policy priorities

Manages the issuance of new debt, including directing processes and consultants to achieve cost-effective financing solutions, and oversees the production of official statements and related policies for bond offerings

Monitors financial markets, analyzing economic trends, performing cost-benefit analysis for capital projects, and securing credit ratings while maintaining agency relationships

Prepares and reviews solicitations for professional services, reviews economic and financial reports, and manages investor relations, including maintaining disclosure requirements and the Investor Relations website

Ensures compliance with debt covenants, timely debt service payments, regulatory filings, and arbitrage yield requirements

Manages debt portfolio reporting, recommends and maintains debt and disclosure policies, and reviews legal documentation related to financing agreements

Supervises staff, providing guidance, training, and performance management to ensure the effective execution of debt management responsibilities and adherence to policies and procedures

Qualification

Municipal financing knowledgeDebt portfolio managementInvestor relations managementFinancial analysisProject managementStrategic leadershipOralProblem-solvingWritten communication

Required

Graduation from an accredited college or university with a Bachelor's Degree or higher

Four (4) years in a financial function, issuing and/or managing a significant municipal debt portfolio, or directly related experience

An equivalent combination of education and/or experience

Knowledge of municipal financing markets, including various structures (e.g., general obligation bonds, revenue bonds, short-term products) and compliance with Illinois and national regulations

Skilled in evaluating risks, benefits, and characteristics of municipal finance products and developing complex financing plans

Skilled in project management and preparing bond transaction documents under tight deadlines

Skilled in managing investor relations and ensuring compliance with disclosure requirements

Ability to provide strategic leadership and direction to support organizational goals and mission

Skilled in problem-solving with the ability to address complex, long-term challenges

Ability to implement strategic visions and oversee operational efficiency and performance

Skilled oral and written communication, with the ability to promote concepts and secure stakeholder support

Preferred

Six (6) years of in a financial function, issuing and/or managing a significant municipal debt portfolio

Four (4) years of previous management or supervisory experience

Benefits

Top Tier Medical Benefits: Medical Plans, Prescription Drug Benefit, Dental Plans, Vision Plan and 9 Additional voluntary benefit plans

Flexible Teleworking Options

Generous, Flexible Paid Time Off (13 paid designated holidays; Minimum of 15 vacation days annually; and Paid sick leave)

Pension Plan

Financial Support Programs and Resources: Life Insurance, Flexible Spending Accounts – Dependent Day Care, Commuter Benefits, Discounted Parking, PSLF Eligibility, Deferred Compensation and Education Tuition Stipend

Health/Wellness Perks: Flexible Spending Accounts-Health Care, Employee Assistance Program and MyHealth Connections wellness program.