SENIOR FINANCIAL ANALYST - DEBT & TREASURY

City of Riverside; Riverside (CA); On-site; USD 90,000 - 130,000; Full time

Job summary

The City of Riverside, Finance Department, seeks a Senior Financial Analyst to join the Debt & Treasury Division and support debt administration, treasury operations, and capital financing activities. The role involves preparing debt service schedules, monitoring compliance, and assisting with official statements and investor materials.

Qualifications include a Bachelor’s degree in finance or related field and five+ years in municipal finance or treasury-related work, with leadership experience

Qualifications

• Five or more years of experience in treasury, investments, municipal debt administration, special district administration, or municipal finance.
• Experience leading or supervising staff (one year).
• Education aligned with finance/public administration or related field.

Responsibilities

• Assist in maintaining debt management systems and financing databases.
• Prepare complex debt service schedules, payment verifications and refunding evaluations.
• Coordinate debt issuance, refinancing, and related data requests from City Departments.
• Monitor debt covenant compliance and post-issuance reporting.
• Prepare and coordinate continuing disclosure filings with regulatory bodies.

Skills

Financial analysis

Debt management

Treasury operations

Education

Bachelor's degree in finance, accounting, business, economics or public administration

Job description

The City of Riverside, Finance Department, is accepting applications for the position of Senior Financial Analyst to fill one (1) vacancy in the Debt & Treasury Division. The eligibility list established may be used to fill the current and/or upcoming vacancies within this classification for up to six (6) months.

Under general supervision, this position performs advanced professional-level analytical and operational work related to municipal debt administration, treasury management, special district administration, investment management, financial reporting, compliance monitoring/reporting, and capital financing activities within the Finance Department.

For positions indicating a salary range from 1N – 2X, the top 15% of the pay range cannot be offered upon hire or upon an employee promotion.

Debt Administration & Capital Financing:

• Assist in maintaining debt management systems, and financing databases
• Prepare complex debt service schedules, payment reconciliations including payment verification, and refunding evaluations
• Assist in tracking debt proceeds and capital project expenditures
• Coordinate debt allocation methodologies, records and budgeting
• Monitor debt covenant compliance documentation
• Assists with the maintenance of the Investor Relations webpage
• Assists with Tax Equity and Fiscal Responsibility Act (TEFRA) proceed tracking

Financing Transactions:

• Assist in coordinating debt issuance and refinancing transactions
• Review financing models, and cash flow projections
• Assist with Official Statement preparation
• Assist with preparing rating agency presentation materials
• Coordinate assigned components and data requests for information from City Departments for Legal Documents, including managing associated deadlines.

Debt Compliance & Reporting

• Prepare and coordinate continuing disclosure report filings with regulatory bodies
• Assist with California Debt Investment Advisory Commission (CDIAC) and Municipal Securities Rule Board (MSRB) reporting requirements
• Support post-issuance compliance activities
• Monitor debt convents and compliance calendars for reporting schedules
• Review arbitrage and rebate monitoring, summarize for management.
• Assist with periodic rating surveillance monitoring and associated disclosures.

Special District Administration

• Support Community Facilities District (CFD) administration activities and annual levy process
• Support New CFD formation review
• Support Assessment District administration activities and annual levy process
• Assist with annual levy budgeting, and reporting requirements

Treasury Operations and Investments:

• Prepare Debt, Investments, Cash Flow Reports, liquidity and or portfolio summaries
• Monitor Cash balances, liquidity reports, and coordinate rebalancing with Treasury leads
• Assist with cash forecasting activities
• Reconcile investment and liquidity transactions
• Support treasury process improvements

This is a modified version of the Senior Financial Analyst job description to define the needs for the current recruitment.

Education:

Bachelor's degree from an accredited college or university with major course work in finance, accounting, business, economics or public administration or a closely related field.

Experience

Five or more years of experience in any of the following categories, including one year of experience leading/supervising staff.

• Public Sector: treasury, investments, municipal debt administration, special district administration, or municipal finance
• Private Sector: banking administration or custodian operations, treasury, investments, cash flow forecasting or debt administration, preferably with fixed income debt obligations
• Experience supporting bond issuances or compliance activities at a municipal advisor, rating agency or corporate issuer, or investor relations

DOCUMENTS REQUIRED AT THE TIME OF APPLICATION:

1) Completed Employment Application
2) Completed Supplemental Questionnaire

IMPORTANT INFORMATION ON SCHEDULING ASSESSMENTS:

If you are selected to move forward in the assessment process, you may be required to self-schedule your appointment. You will be notified via email of your status and provided with self-scheduling instructions. Please check your email regularly following the closing date of this recruitment.

Positions that require, or may require, a California Commercial Driver’s License are considered Safety Sensitive and are monitored by the U.S. Department of Transportation. Any candidate being considered for a Safety Sensitive position must submit authorization forms to the City immediately upon request to begin the pre‑employment process.

It is the responsibility of candidates with a disability requiring accommodation in the assessment process to contact the Human Resources Department in writing to request such accommodation prior to the closing date of this recruitment.

Appointment may be subject to the successful completion of a pre-employment background investigation, drug screen, and/or medical/physical examination.

NOTE:

The City reserves the right to modify selection devices and test instruments in accordance with accepted legal, ethical, and professional standards. Candidates may reapply when there is a posting to establish an eligibility list.

EDUCATIONAL REQUIREMENTS:

Proof of education listed in your application will be requested at the time of conditional offer. Acceptable documentation consists of transcripts or degree, if applicable, by the accredited U.S. college or university.

Education obtained outside the United States (US) require one of the following options:

1. An equivalency statement from an evaluation company certified by the National Association of Credential Evaluation Services (NACES) at Members - NACES or the Association of International Credential Evaluators Inc. (AICE) at http://aice-eval.org/members/.
2. An advanced-level degree from an accredited US college or university.

All applicants will be notified via e-mail or telephone of their application status and the assessment dates/times/locations after the closing date of this announcement.

THE PROVISIONS OF THIS JOB ANNOUNCEMENT DO NOT CONSTITUTE AN EXPRESSED OR IMPLIED CONTRACT.