Financial Operations Supervisor for Debt and Liability Management

About the Role

We are seeking an experienced Financial Operations Supervisor to join our team at the Illinois Housing Development Authority. This is a key position in our Finance Department, responsible for managing debt and liability operations.

Key Responsibilities

• Lead a team to manage bond structuring and flow of funds, ensuring timely and efficient execution.
• Assist in data gathering and analysis to identify risks and opportunities, collaborating with internal teams and external partners.
• Analyze legal documentation to mitigate potential risks to the Authority.
• Evaluate, structure, negotiate, and close new transactions, including thematic bonds, special purpose structures, securitizations, covered bonds, and mortgage-backed securities.

Compliance and Reporting

• Execute liability and debt transactions in a timely manner, maintaining data integrity and compliance with regulations.
• Manage reporting and analysis on various Authority contracts, including Volume Cap, Standby Purchase Agreements, Derivatives Contracts, and credit facilities.
• Oversight of payoff, prepayment processes, and construction monitoring from a financial perspective.

Staff Management

• Assign responsibilities, promote departmental morale, and foster efficiency and production among team members.
• Design, implement, and monitor cross-training programs to ensure adequate operational coverage.

Requirements

• Bachelor's Degree in business, finance, accounting, economics, or a related field.
• Strong analytical skills, organizational abilities, and proficiency in Microsoft Office Suite and Excel.
• Excellent interpersonal and communication skills, with the ability to build relationships with internal and external partners.
• Able to work independently, demonstrate initiative, and handle large amounts of data and priorities.

What We Offer

• Paid time off and paid holidays.
• Medical, dental, vision, and life insurance plans.
• Short- and long-term disability.
• Tuition reimbursement and 401K plan with immediate vesting.
• IHDA employees may be eligible for federal loan forgiveness programs.

About the Opportunity

This is a hybrid work arrangement, but candidates must reside in Illinois at the time of hire. Flexible scheduling is available upon completion of a six-month probationary period.