Job Description

Job Description and Duties

Under the direction of the Executive Directors of the Capital Programs and Climate Financing Authority (CPCFA) and the California Urban Waterfront Area Restoration Financing Authority (CUWARFA), as well as the broad direction of the State Treasurer as Chair of these two financing authorities, the Deputy Executive Director provides policy, program, administrative and technical direction for all programs. Also acts as the Executive Director of the financing authorities during those periods of time when the Executive Director positions are vacant.

The incumbent supervises and oversees a professional management team including Staff Services Managers and Associate Governmental Program Analysts, responsible for carrying out all day-to-day operations of the financing authorities.

You will find additional information about the job in the .

Special Requirements

• The position(s) require(s) a Background Investigation be cleared prior to being hired.

Electronic applications are highly encouraged. If submitting a hard copy, please include JC-528879/ Position #345-002-7500-001  in the "Examination(s) or Job Title(s) for which you are applying" section of the application. Hard copy applications received without the required information may not be considered.

Desirable Qualifications

In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:

1. Demonstrate knowledge in all aspects of revenue bond financing, including a working knowledge of the roles and responsibilities of issuers, bond counsel, underwriters, trustee banks, financing advisors, feasibility consultants, participating borrowers and other major parties, and be able to direct the marketing of the functions and financing programs available through the Authorities.
2. Have detailed knowledge of the municipal securities market, including public and private sales, competitive and negotiated transactions, underwriter spreads and components of bond costs of issuance, and all other factors related to bond sales to effectively participate in the pricing and sale of bonds issued through the Authorities.
3. Understand audited and interim financial statements relating to economic expansion and environmental improvement financing and be able to suggest and discuss operational changes which may be necessary to meet financial covenants in the loan agreements of participating institutions.
4. Understand and evaluate Feasibility Studies prepared for pollution and industrial development and other financing programs expansion, renovation, acquisition and refinancing projects.
5. Understand business and project financing concepts utilized by commercial banks and other credit enhancers.
6. Recognize and be knowledgeable in Federal and State regulations on tax-exempt bond financing and new or proposed legislation regarding changes to issuing and reporting requirements on municipal debt, such as recent requirements for on-going disclosure of material events by a borrower to the municipal marketplace
7. Be knowledgeable in the State legislative process and have the ability to meet with legislators and their staff on issues critical to the economic expansion and environment improvement bonds and their operations, testify before committee hearings and prepare written correspondence on bill analyses, inquiries, and other issues.
8. The ability to represent the Executive Director, the Board Members, and the State Treasurer in a credible manner before the Legislature, the general public, media and local elected and appointed officials.
9. The ability to execute the complex duties of the position in a highly sensitive, critical, continuously evolving, and often ambiguous environment.
10. The ability to gain the confidence and support of high-level public and private agency officials and representatives and advise them on a variety of matters pertaining to CPCFA and CUWARFA.
11. The ability to recognize political implications of actions by the Authorities and staff, work well with other individuals under tight deadlines, and oversee the management of the Authorities' staff.

Benefits

Please see the CalHR Benefits Summary page for detailed information.

Minimum Qualifications

Possession of Minimum Qualifications will be verified prior to interview and/or appointment. If you are meeting Minimum Qualifications with education, you must include your unofficial transcripts/diploma for verification in your application packet. Official sealed transcripts or your original diploma (with embossed seal) will be required prior to appointment. If it is determined that a candidate does not meet all Minimum Qualifications, the candidate will be withheld from the eligibility list, rendering them inactive and ineligible to be hired for the classification. All candidates who are determined to not meet the Minimum Qualifications will be contacted in writing and will have 10 business days to respond with additional information supporting their Minimum Qualifications for the classification. Candidates who have been withheld may file an appeal with the State Personnel Board.

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is optional. It may be included, but is not required.
• Statement of Qualifications - The Statement of Qualifications (SOQ) should provide a detailed and concise response to each Desirable Qualification listed below in the "Desirable Qualifications" section. For each item, explain how your education, training, experience, knowledge, skills, and competencies demonstrate that you meet or possess the qualifications. Responses should be detailed and provide specific examples that demonstrate the nature and scope of your experience, including your level of responsibility and involvement in the work described. The SOQ items must be numbered and addressed in the same order as listed below. Do not consolidate o r combine responses to multiple Desirable Qualifications into a single response.

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