Listing Summary

The Bond Finance Director is a member of the senior management team in the Homeownership Division involved in the administration of the Georgia Housing and Finance Authority (GHFA) single family bond program. The position is responsible for all aspects of the GHFA’s debt issuance activities including determining the timing, amount, and method of sale, recommending the use of underwriters and underwriters’ counsel, preparing the Official Statement and coordinating the activities of the cash flow consultant and bond counsel. GHFA issues up to $250 Million of tax-exempt mortgage revenue bonds annually to finance the Georgia Dream Homeownership program. The Georgia Dream program is a first-time homebuyer program that offers competitive mortgage rates with down payment assistance to low-and moderate-income Georgians.

JOB RESPONSIBILITIES:

•           Directs the GHFA MRB program and manages the relationships with external bond team members, including consultants, rating agency, bond underwriting team, and underwriter’s counsel.

•           Directs the bond issuance process from deal structuring through post-closing to ensure compliance of regulatory requirements.

•           Partner with homeownership leadership to maximize opportunities to enhance services and sustain the continuous funding of the Georgia Dream Program.

•           Directs the mortgage rate setting process using data analysis and market trends.

•           Participates as standing member of GHFA’s Investment Committee discussions to evaluate management of funds, investment policies and performance.

•           Provide division leadership with relevant new or revised guidance to identify opportunities for program development pertaining to Homeownership programs including but not limited to Georgia Dream.

•           Monitors economic, fiscal and legislative environments to assess impact on GHFA’s debt issuing activities and finance policy issues including, interest rate trends, and the status of proposed regulatory, statutory, and other changes related to the markets and the mortgage industry.

•           Develops and maintains comprehensive data base of relevant financial and economic information.

•           Provide bond training to GHFA staff.

SKILLS AND ABILITIES

Ability to plan and prioritize own work.

Ability to analyze facts and formulate appropriate courses of action.

Ability to prepare comprehensive reports and summarizations.

Ability to establish and maintain effective working relationships with various interdepartmental management and staff, external consultants, Trustees, Investment Bankers, Legal Counsel and the general public.

REQUIRED EXPERIENCE & KNOWLEDGE

Knowledge of the principles of accounting and finance.

Knowledge of municipal bond finance and bond issuance.

Preference will be given to applicants who in addition to meeting the minimum qualifications possess at least one year of professional experience with issuance of municipal bonds at a Housing Finance Agency or debt issuing entity.

EDUCATION

Finance or JD degree or closely related field is required and three years of professional experience in finance related position.

Note: An equivalent combination of education and job specific experience that provided the knowledge, experience and competencies required to successfully perform the job at the level listed may be substituted on a year-over-year basis.

WORKING CONDITIONS (TRAVEL, HOURS, ENVIRONMENT)

This position is currently designated as a hybrid (part in-office and part remote/Telework) position.  This position is full time (40 hours per week) and may require occasional overtime.  Local periodic travel may be required. 

PHYSICAL/SENSORY REQUIREMENTS

Sedentary Work – Ability to exert 10 - 20 pounds of force occasionally, and/or negligible amount of force frequently to lift, carry, push, pull or otherwise move objects. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time.