at City of Chicago in Chicago, Illinois, United States
SENIOR FISCAL POLICY ANALYSTJob Number:383455
Senior Fiscal Policy Analyst
Department of Finance
Financial Policy Division
Number of Positions: 1
Under general supervision, performs various research and analytic functions to provide guidance and assistance on a wide range of financial matters to the City of Chicago's Department of Finance managers and performs complex technical duties
*Develops simple to complex financial forecasts or models to project or determine future financial positions for bond financing, budgeting, strategic plans, etc.
*Drafts comprehensive reports explaining variances and long-term trends relative to City revenue and expenditures and other credit concerns
* As needed, directs and leads a team in monitoring, analyzing, and reporting on the city's financial status
*Assists in the review of bond underwriter and financial advisor reports of bond, swap, and other innovative financing proposals and assists in conducting economic and financial analyses as needed
*Reviews and understands municipal forecasting models and financial reports
*Formulates, analyzes, and evaluates revenue strategies for various City credits (e.g., General Obligation, Water, Sewer, O'Hare and Midway airports, Single Family and Multi-Family Housing, Tax Increment Financing, and the Sales Tax Securitization
*Participates in meetings with department managers and representatives from financial institutions and government agencies to discuss structure and pricing for new money and refunding bond opportunities, swaps, and innovative financings
*Reviews financial and credit reports and draft narrative explaining the findings and/or projected trends and patterns for inclusion in various reports which will be reviewed by the City's Finance managers
*Prepares presentation materials for various audiences, including city finance managers, rating agencies, and investors
*Participates in the bond issuance process, including analyzing proposals, modeling the debt portfolio, and reviewing transaction documents
*Administers various compliance requirements for bonds and other innovative financing techniques
Additional duties may be required for this position.
LOCATION:Department of Finance
Financial Policy Division
121 N. LaSalle St., 7th Floor
Chicago, Il 60602
DAYS & HOURS: Monday through Friday, Normal Business Hours
THIS POSITION IS EXEMPT FROM THE CAREER SERVICE
Graduation from an accredited college or university with a bachelor's degree in finance, economics, or a directly related field, plus four years of fiscal policy analysis experience, or an equivalent combination of training and experience, provided the minimum degree requirement is met
This position requires applicants to complete an interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position will be selected.
Preference will be given to candidates possessing the following:
*Previous work experience in public finance on the private or government side
*Previous work experience in project management
*Previous work experience in data analysis
*Previous work experience in financial statement analysis
*Previous work experience in pension actuarial report analysis
*Previous work experience with DBC bond modeling software
ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.
The City of Chicago in an Equal Employment Opportunity and Military Friendly Employer.
City of Chicago
Brandon Johnson, Mayor
Applications for this position will be accepted until 11:59 pm CST on December 29, 2023.
Job Posting:Nov 29, 2023, 6:00:00 AM|Closing Date (Period for Applying) - External:Dec 30, 2023, 5:59:00 AM
BU:10|Salary:up to $97,524.00Pay Basis:Yearly
The City of Chicago is an Equal Employment Opportunity and Military Friendly Employer