VP, Public Finance

1 month ago


New York, United States Assured Guaranty Full time
Position Summary

Responsible for monitoring, managing and reporting on a large portfolio of municipal credits, primarily within the health care and higher education sectors, including the handling of distressed credits; work includes: performing qualitative and quantitative credit analysis, interacting with the management teams of hospitals and higher education institutions as well as their legal and financial advisors, preparing monthly credit reports, handling transaction amendments/waivers/consents, data management, and ad hoc projects related to the portfolio and/or sectors.

Position Description
  • Monitor and evaluate credit quality and trends with respect to a large number of credits within Assured's municipal health care and higher education portfolios, consisting primarily of not-for-profit hospitals/health systems as well as public and private colleges/universities
  • Key analysis includes in-depth, analytical review of operating and financial data/trends collected for specific credits
  • Conduct meetings and/or lead conference calls regarding surveillance issues with hospital management teams/the administration of higher education institutions, financial advisors, bankers, attorneys and/or others key constituents
  • Additional qualitative review of industry/market trends is expected, as needed, for review of credits
  • Prepare written reports on top exposures and "credits of concern" for senior management, identifying any significant issues and providing a rationale for internal rating recommendations
  • Present internal reviews and rating recommendations to the Risk Management Committee at monthly meetings
  • Monitor distressed credits (i.e., below-investment grade (BIG) or "problem" credits) and, as needed, report on them quarterly to senior management; assist in workout scenarios, as needed
  • Process requests for transaction amendments, waivers and consents, including negotiation of any revised terms, preparation of memos/reports for internal approvals, and related administrative actions
  • Assist in oversight/management of internal databases to monitor credit exposure, capture annual data metrics related to specific credits, and identify industry trends/any credit risk deterioration
  • Contribute to the 100% review of the municipal health care and higher education portfolios annually
  • On an ad-hoc basis, assist in the preparation of reports for senior management to disclose the impact of events related to specific credits, the overall health care and/or higher education markets/industries as well as to the security of related municipal bonds insured by Assured
  • Contribute to transaction approval meetings, providing credit opinions and performance assessment used in the evaluation of potential underwriting opportunities
  • Coordinate on projects with other departments or groups including Underwriting, Credit Workout/Remediation, Legal or Reinsurance
  • Solid quantitative and analytical skills, with particular emphasis on hospital and/or higher education finance/credit analysis
  • Experience in working with management teams of hospitals and/or higher education institutions as well as their legal and financial advisors
  • Experience with workout and remediation engagements
  • Proficiency with financial statement analysis, both FASB-based and GASB-based
  • Experience with financial modeling and forecasting
  • Sound understanding of the not-for-profit hospital and/or higher education industries as well as municipal bond market is preferred
  • Solid interpersonal and communication skills, both written and oral, with the ability to convey information in a concise manner
  • Self-starter, with good time management skills and ability to take initiative, who can work independently as well as work closely with a team in a collaborative and dynamic environment
  • Detail orientation and effective organization skills is desirable
  • Proficiency in using external software (e.g., Excel, Word and PowerPoint) and various sources of information (e.g., EMMA, Bloomberg) is necessary to gather data and streamline work processes
  • Ability to quickly learn proprietary software and internal IT systems a must
Candidate Background
  • Minimum 8 to 12 years of relevant experience
  • Bachelor's degree in accounting, economics, business or hospital and/or higher education administration/finance is required; a master's degree is a plus
  • Prior analytical experience within a rating agency, bond insurer, hospital, higher education institution, healthcare/higher education consulting firm, or healthcare/higher education sector experience within the municipal finance team of an investment/commercial bank, financial advisor or investment management firm is preferred

Compensation

Annual base salary for the position is expected to be from $150,000 per year to $200,000 per year. The actual salary will depend on various factors, including but not limited to a candidate's experience and credentials, salary expectations of applicable candidates, and other applicable market conditions. This position also provides applicable employee benefits, as well as eligibility for an annual discretionary bonus.
  • Vp of Finance

    2 weeks ago


    New York, United States Riverview Companies Full time

    **Company**: Riverview Companies **Job Title**: VP of Finance (CFO Promote) **Location**: Hybrid Remote (Metro-NY or Hudson Valley) **Position**: Full-Time **Annual Base Salary**:$150,000 to $200,000 **Add’l Compensation**: 20-30% of Salary, plus Equity **About Us**: Riverview Companies is rapidly acquiring landscaping businesses throughout the...

  • VP of Finance

    3 weeks ago


    New York, United States Ash Wellness, Inc. Full time

    About Ash: Ash is a B2B platform that empowers clients such as payors, digital health companies, and public health departments to initiate and oversee white-labeled at-home testing programs. Ash believes that by bringing testing to wherever is most convenient for patients, it helps eliminate social and structural barriers, thereby enhancing the inclusivity...


  • New York, United States PGMTEK Inc. Full time

    Job Description A major international bank in NYC is looking for a Project Finance VP. Key responsibilities You will be responsible forassisting in the development and implementation of strategies to advance large-scale infrastructure and other projects. Advise on the structuring and closing of financing for infrastructure projects and/or procurements,...

  • Trade Finance VP

    1 week ago


    New York, United States Mizuho Americas Services, LLC Full time

    Location: NYC (Hybrid) Main responsibilities of the VP will be to assist the Execution & Delivery team to service, monitor and maintain Global Transaction Banking Americas (GTBA) New York's trade finance portfolio in support of North American Banking VP, Trade, Finance, Relationship Manager, Delivery, Operations

  • VP of Finance Ops

    2 weeks ago


    New York, United States Axion Ray Full time

    Axion Ray's mission is to improve the quality and safety of innovative, engineered products - airplanes, electric vehicles, medical devices, home appliances, consumer electronics - by creating the world's best proactive management platform, powered by the latest advances in artificial intelligence. Axion leverages bleeding-edge tech & AI stack to solve...

  • VP of Finance Ops

    3 weeks ago


    New York, United States Axion Ray Full time

    Axion Ray's mission is to improve the quality and safety of innovative, engineered products - airplanes, electric vehicles, medical devices, home appliances, consumer electronics - by creating the world's best proactive management platform, powered by the latest advances in artificial intelligence. Axion leverages bleeding-edge tech & AI stack to solve...


  • New York, United States New York State Housing Finance Agency Full time

    Job DescriptionJob DescriptionNew York State Homes and Community Renewal (HCR) is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing and increase homeownership throughout New York State. Under the leadership of Governor Kathy Hochul and Commissioner RuthAnne Visnauskas, HCR is a vibrant, innovative...


  • New York, United States New York State Housing Finance Agency Full time

    Job DescriptionJob DescriptionNew York State Homes and Community Renewal (HCR) is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing and increase homeownership throughout New York State. Under the leadership of Governor Kathy Hochul and Commissioner RuthAnne Visnauskas, HCR is a vibrant, innovative...


  • New York, United States New York State Housing Finance Agency Full time

    Job DescriptionJob DescriptionNew York State Homes and Community Renewal (HCR) is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing and increase homeownership throughout New York State. Under the leadership of Governor Kathy Hochul and Commissioner RuthAnne Visnauskas, HCR is a vibrant, innovative...


  • New York, United States Pfizer Full time

    The VP, Finance Primary Care is accountable for financial leadership for Pfizer’s Primary Care Business. The Primary Care Business is committed to delivering breakthroughs that change both standard of care for patients as well as standard of practice for our hospital stakeholders. The Primary Care business spans US commercial activity for Vaccines,...


  • New York, New York, United States Cobalt US Full time

    A newly created VP of Finance Transformation & Shared Services position has arisen with a highly reputable real estate firm currently experiencing tremendous growth. Working closely with the EVP Finance & CFO, this strategic individual will form part of the Executive Leadership Team to drive the finance transformation and change management agenda across the...


  • New York, New York, United States Cobalt US Full time

    A newly created VP of Finance Transformation & Shared Services position has arisen with a highly reputable real estate firm currently experiencing tremendous growth. Working closely with the EVP Finance & CFO, this strategic individual will form part of the Executive Leadership Team to drive the finance transformation and change management agenda across the...


  • New York, United States Taurus Search Full time

    My client is a global bank and is looking to hire a Leveraged Finance Credit Analyst. The Credit Analyst is a first line of defense credit role where you will be working closely with Coverage Bankers to underwrite and monitor a portfolio of lev fin deals. Responsibilities include but aren't limited to: Collaborate with originations to pinpoint customer...


  • New York, United States Oliver James Associates Full time

    Oliver James have been exclusively engaged by a top life and annuity insurer and reinsurer to find a VP of Finance Strategy. This is a high profile role supporting the Group CFO and a number of Finance/Accounting executives across the finance department with finance business partnering, strategy, non-routine transactions, capital raising and finance...

  • VP of Accounting

    2 months ago


    New York, United States Staff Financial Group Full time

    Our client, a leader in the services industry with an annual revenue of $300 million, is looking to hire a VP of Accounting to lead their financial team. This position will report directly to the CFO. They are Hybrid and located in Suwanee. The ideal candidate will have the following: *Bachelor's Degree in Accounting or Finance * CPA is a MUST * 10-15 years...


  • New York, United States Taurus Search Full time

    My client is a global bank and is looking to hire a Leveraged Finance Credit Analyst. The Credit Analyst is a first line of defense credit role where you will be working closely with Coverage Bankers to underwrite and monitor a portfolio of lev fin deals. Responsibilities include but aren't limited to:Collaborate with originations to pinpoint customer...


  • New York, United States Taurus Search Full time

    My client is a global bank and is looking to hire a Leveraged Finance Credit Analyst. The Credit Analyst is a first line of defense credit role where you will be working closely with Coverage Bankers to underwrite and monitor a portfolio of lev fin deals. Responsibilities include but aren't limited to:Collaborate with originations to pinpoint customer...


  • New York, United States Hilltop Holdings Full time

    HilltopSecurities is currently looking to hire a Public Finance Support Associate. The Public Finance Support Associate is responsible for the myriad of complex administrative and operational duties associated with the sale and delivery of municipal bond and note securities structured by the Investment Bankers/analysts for Public Finance clients.

  • VP Finance

    3 weeks ago


    New York, United States Hays CPA LLC Full time

    This is an opportunity to work for a rapidly growing omnichannel consumer brand who are making waves with their innovative approach to wellness. Founded in 2018, they have revolutionized the fitness landscape by introducing a low-impact, functional movement method paired with proprietary equipment. Their unique fitness philosophy has garnered the attention...


  • New York, United States Taurus Search Full time

    My client is an international bank and is looking to bring on a VP Latin America Project Finance Credit Officer to join their NY branch. Client is targeting a candidate with at least 5 years of credit experience that has significant exposure to project finance deals, ideally in Latin America. This is a second line credit position. The candidate in this...