What are the responsibilities and job description for the STATE TREASURY DEBT ANALYST 1 - 3 position at State of Louisiana?
Supplemental Information
Analysts Wanted! Join Louisiana State Treasury’s Mission-Driven Team.
Position Title: State Treasury Debt Analyst (1, 2, or 3)
About Us: The mission of the Department of Treasury is to manage state funds by promoting prudent cash management and investment strategies as well as monitoring, regulating and coordinating state and local debt obligations as mandated by the Constitution and the laws of the State of Louisiana. Join our team in the office of the State Bond Commission (Debt Management Program), where your expertise will directly contribute to state and local government’s fiscal responsibility.
The Debt Management Program’s mission is to provide staff to assist the State Bond Commission to carry out its constitutional and statutory mandates. The SBC is responsible for overseeing the management, analysis and control of state debt including but not limited to the issuance of state bonds. SBC approval is also required before any public entity can incur debt or hold elections related to levying taxes, issuing bonds and certain matters as specified by law.
Why Join Us?
- A meaningful role where your contributions assist the State in meeting mandates regarding debt.
- Opportunities for career progression within the State Bond Commission Analyst job series.
- Flexibility - Employees are eligible for flexible work schedules.
About the Role:
Key Responsibilities:
- Researching, analyzing and making recommendations on basic issues regarding debt issuances and election propositions that are provided to the State Bond Commission.
- Serving municipalities, school boards, police juries, special districts, political subdivisions, public trusts, industrial development boards and others seeking debt issuance in the State.
- Assist in office operations.
What We’re Looking For:
- Experience: Demonstrate expertise in accounting, auditing, budgeting, financial operations, banking, etc. Experience with LaGov or similar financial systems is highly desirable.
- Knowledge: Familiarity with public finance mechanisms, governmental accounting, and state legislative process. Understanding of state constitutional and statutory requirements is an advantage.
- Skills: Strong analytical, problem-solving, attention to detail, multi-tasking and communication skills are essential.
Compensation:
- This position is eligible for retention pay of up to $1.00 per hour for each hour worked.
Note regarding the advertised pay range: The maximum amount listed is the maximum salary a person can make while in this title and NOT the maximum amount we are allowed to pay a new hire. The actual starting salary depends on the education and experience of the selected applicant.
Application Process:
- Applications submitted without the education and /or work experience sections completed will be considered incomplete and will not be considered. Resumes WILL NOT be accepted in lieu of a completed application. You must include all relevant education and experience on your official State application. Applications may be rejected if incomplete.
- The duties that you describe in the Work Experience section of your application will be reviewed by State Civil Service as part of the process in determining if you meet the minimum qualifications for this job. Your experience WILL NOT be evaluated based on the job title alone. You must describe your actual duties. List all prior employment. Work experience left off of your electronic application or only included in an attached resume will not be credited.
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If using college experience to qualify, a copy of your college transcript MUST be submitted by the closing date of this announcement. This may be done by way of an attachment to your online application and/or by fax/mail. Applicants possessing an international degree must submit an equivalency evaluation statement with their application. This may be done by way of an attachment to your online application.
Transcripts can either be mailed or faxed to the Louisiana Department of State Civil Service. Fax: 225-219-1041. Mailing Address: Department of State Civil Service, P.O. Box 94111, Capitol Station, Baton Rouge, LA 70804-9111. The selected candidate will be required to submit original documentation upon hire. - Applicants are responsible for checking the status of their application to determine where they are in the recruitment process. Further status message information is located under the Information section of the Current Job Opportunities page.
- There is no guarantee that everyone who applies to this posting will be interviewed. Specific information about this job will be provided to you in the interview process, should you be selected.
For further information about this vacancy contact:
Vacancy Information:
This vacancy may be filled as either a Probational or a Job Appointment (open to all qualified applicants); a Promotion (open to all statewide classified and Agency-wide permanent status employees); or by Detail to Special Duty or Classified Temporary Appointment. If filled as a probational appointment, this position requires the selected applicant to serve a minimum probationary period of twelve (12) months. Current permanent status classified employees may be required to accept a probational appointment in lieu of promotion if selected. If filled as a Job Appointment, there is a possibility that this position may be converted to a probational appointment should funding become available. Additional Vacancies may be filled from this announcement within 90 days of the closing date.
This position is domiciled in East Baton Rouge Parish. Applicants must select this parish on their application to indicate that they are available to work in the parish of this vacancy.
The Louisiana Department of Treasury is a Substance Abuse and Drug-Free workplace. As an Equal Opportunity Employer, the State Treasurer’s Office is committed to a diverse and inclusive workplace prohibiting discrimination on the basis of any non-merit factor.
Offers of employment are contingent upon pre-employment requirements being met including, but not limited to, drug screen, background check, previous employment verification and/or references.
All prospective new hires will be subject to employment eligibility verification via the Federal Government’s E-verify system.
The Louisiana Department of Treasury is a State as a Model Employer (SAME) agency that supports improved employment opportunities for individuals with disabilities.
Minimum Qualifications
MINIMUM QUALIFICATIONS:
Three years of experience in accounting, auditing, financial operations, payroll, banking, or administrative services in a financial setting; OR
Six years of full-time experience in any field plus twenty-four semester hours in any one or combination of the following: finance, economics, or accounting; OR
A bachelor’s degree with twenty-four semester hours in any one or combination of the following: finance, economics, or accounting; OR
A bachelor’s degree in accounting, finance, business administration, management, economics, or statistics; OR
An advanced degree in accounting, finance, business administration, management, economics, quantitative methods, or statistics; OR
Possession of a Certified Public Accountant (CPA) license.
Job Concepts
FUNCTION OF WORK:
To perform research and analysis of issues affecting state and/or local debt.
LEVEL OF WORK:
Entry
SUPERVISION RECEIVED:
Direct from a State Treasury Debt Officer. May receive supervision from higher-level personnel.
SUPERVISION EXERCISED:
None.
LOCATION OF WORK:
Bond Commission, Department of Treasury.
JOB DISTINCTIONS:
Differs from State Treasury Debt Analyst 2 by the presence of a lesser degree of independence and responsibility.
Examples of Work
EXAMPLES BELOW ARE A BRIEF SAMPLE OF COMMON DUTIES ASSOCIATED WITH THIS JOB TITLE. NOT ALL POSSIBLE TASKS ARE INCLUDED.
Participates in the research and analysis of projects involving needs assessments, evaluation of bond proposals, the collection and analysis of legislation, and other comparable data from state and local governmental agencies.
Records, classifies, analyzes, and summarizes financial and economic data; prepares various financial statements and reports of a complex nature. Interprets and justifies financial reports and statements.
Assists in the analysis of debt payments and the balance of outstanding indebtedness; prepares reports for review. Maintains balance in computer of bonds sold and redeemed.
Assists in the preparation of financial schedules and exhibits. Provides statistical support for bond issues and applications for additional bond proposals for inclusion in the Treasury Department's prospectus, which is available for all prospective investors.
Confers and assists in preparing reports for rating services, brokerage firms, prospective buyers and the general public relative to the State's debt structure. Resolves problems by obtaining and providing information.
Researches previous and proposed legislation for legislative committees, the Attorney General, the Bond Commission, as well as governmental units and agencies.
Assists in the calculation of amortization of indebtedness for various periods of time as prescribed in bond proposals, and verifies complex information requiring the interpretation of financial data.
As a state employee, you will earn competitive pay, choose from a variety of benefits, and have access to a great professional development program:
Insurance Coverage More information can be found at https://info.groupbenefits.org/
Parental Leave – Up to six weeks paid parental leave
More information can be found at https://www.civilservice.louisiana.gov/Parental-Leave/Default.aspx
Holidays and Leave – State employees receive the following paid holidays each year:
- New Year's Day
- Martin Luther King, Jr. Day,
- Mardi Gras,
- Good Friday,
- Memorial Day,
- Independence Day,
- Labor Day,
- Veteran's Day,
- Thanksgiving Day and Christmas Day.
State employees earn sick and annual leave which can be accumulated and saved for future use. Your accrual rate increases as your years of service increase.
Retirement – State of Louisiana employees are eligible to participate in various retirement systems (based on the type of appointment and agency for which an employee works). These retirement systems provide retirement allowances and other benefits for state officers and employees and their beneficiaries. State retirement systems may include (but are not limited to):
- Louisiana State Employees Retirement System (www.lasersonline.org). LASERS has provided this video to give you more detailed information about their system
- Teacher's Retirement System of Louisiana (www.trsl.org),
- Louisiana School Employees Retirement System (www.lsers.net), among others
For agency contact information, please refer to
the supplemental information above.
Louisiana State Civil Service, Louisiana, 70802
Salary : $3,649 - $7,157
