Deputy Director Finance

This position is eligible for teleworking, which is currently one day per week. New hires are eligible to apply 30 days after their effective hire date.

Opening:

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities.

Position Objective:

The Deputy Director, Finance reports to the Senior Director of Finance and assists in representing MTA in accessing thecapital markets for the bond-financed portion of approved capital programs, and other financings necessary to support MTA operations. The Deputy Director, Finance is the primary contact for all investor and rating agency communications, and assists with Finance Committee staffing and communications. The position must build strong internal relationships within the MTA community, as well as its external stakeholders. The Deputy Director will assist the Senior Director, Deputy Chief, and CFO in helping to manage day-to-day needs for accessing the capital markets, including helping to manage the planning and coordination of transactions and assisting in reviewing and ensuring accuracy for documents and various reports required internally and to the State. Additionally, the individual will assist in general debt portfolio management, as well as other responsibilities as needed.

Responsibilities:

• Responsible for primary communication with rating agencies and investors. Ensure clear and open communication with key members of the investment community. This is a critical external-facing role that is focused on building and maintaining relationships with analysts, investors, and senior portfolio managers that rate, buy, and hold MTA debt.
• Provide required and relevant information to all stakeholders in connection with MTA’s capital markets activities. Take a lead role in reviewing and ensuring quality control in the preparation of all documents and various required reports to state officials and internal stakeholders, etc.
• Day-to-day oversight responsibilities for a junior resource, including ensuring accuracy and timeliness in the direct report’s work, especially for materials being published for the Board, State OSC, or internal reporting.
• Responsible for developing and maintaining MTA Finance Department transactional financing calendar and working with Senior Director and Deputy Chief to ensure MTA Finance meets its critical financing mandates in a timely and efficient manner. Assist the Senior Director in launching transactions in the capital market. Ensure good communication with large and diverse working group teams on MTA transactions, many of which overlap, therefore necessitating strong organizational skills and attention to detail.
• Assist Deputy Chief and Senior Director with work related to the Board’s Finance Committee,including minutes, reviewing action items, communications, and following up on information provided in other committees to assist in work related to investor and rating agency requests.
• Plan, coordinate, and prepare presentations for participation in external investor conferences as well as work with Director and Deputy Chief to plan, coordinate, and execute MTA-hosted conferences. Build investor database to strengthen outreach efforts
• Support Senior Director in representing MTA Finance on New York State Securities Coordinating Committee, and in coordinating with other large NY-based issuers to avoid capital markets conflicts.
• Manage vendor invoice payment, ensuring bills are paid by the correct source of funds and on time.
• Develop and motivate career development and establish goals for direct reports. Provide constructive feedback. Review performance of direct reports. Help Senior Director and Deputy Chief create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential.
• Performs other duties as assigned

Required Qualifications:

Required Knowledge/Skills/Abilities:

• Must be detail-oriented and possess excellent interpersonal, organizational, presentation, planning, and decision-making skills.
• Must have exceptional verbal and written communication skills. Demonstrated ability to communicate and interact with elected officials and senior leadership from external organizations. Demonstrated ability to work with all internal levels within a given organization, including the MTA Board and senior management.
• Demonstrated analytical capabilities, quantitative and presentation skills, and proficiency in Excel and PowerPoint, as well as other Microsoft Office Suite applications
• Demonstrated ability to communicate and interact well with external agencies. External agencies may include the Governor’s Office for New York State, New York City government, elected and other public officials, as well as any stafflocated at other federal or state agencies or authorities.
• Demonstrated ability to communicate effectively with key internal and/or external stakeholders.
• Demonstrated ability to work in a high-profile, high-pressure environment effectively.
• Must have strong managerial skills to effectively direct a staff of professional and technical employees in implementing the short- and long-term goals and direction for the area of responsibility.
• Demonstrated ability to complete short- and long-term projects effectively and as efficiently as possible.

Required Education and Experience:

• Bachelor’s Degree in Arts/Sciences (BA/BS)in Finance, Economics, Public Policy, or a related field of study
• Minimum 7 years of related work experience, with a minimum of 3 to 5 years in Public Finance

Preferred Education and Experience:

• Master’s degree in Arts/Sciences (MA/MS)in Finance, Public Administration, or a related field of study
• Preference for experience evaluating rating agency methodologies and working with rating agencies to ensure accuracy in information published and managing the relationship and process for credit ratings.

Other Information

Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial

Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”).

Equal Employment Opportunity

MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including those concerning veteran status and individuals with disabilities.

The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.