Financial Analyst III

About the role

• Agency
• Dept of State Treasurer
• Division
• Job Classification Title
• Financial Analyst III (NS)
• Position Number
• Grade
• NC17

Description of Work

The Financial Analyst III plays a critical role in enabling North Carolina local governments to fund and deliver essential infrastructure projects that strengthen communities across the state. The Analyst coordinates, reviews, and approves the issuance of financing agreements, revenue bonds, Medical Care Commission bonds, industrial revenue bonds, North Carolina Capital Facilities Finance Agency bonds and housing bonds.

This position guides local governments through the debt process, guides the debt issuance, and assists in preparing financing documents for these issuances. This role directly impacts the ability of communities to build schools, public safety buildings, affordable housing, and other vital infrastructure-creating lasting benefits for residents across the state.

The ideal candidate may have a demonstrated interest in state or local government and a background in policy or financial analysis, debt analysis, or government budgeting. However, prior experience in debt or finance is not required-we will provide training. What matters most are strong analytical skills, the ability and willingness to learn quickly, and a desire to help North Carolina communities.

Knowledge Skills and Abilities/Management Preferences

Please note the following

*The anticipated hiring rate for this position is up to $90,000, based on available funding and internal equity considerations.*

• This is a REPOST of position 65031877. Previous applicants must reapply to be considered. *
• This is a continuous posting and will remain open until the position is filled. Applications will be reviewed on an ongoing basis, and candidates may be contacted during the selection process. This posting may also be used to fill similar vacancies as they become available. *

About the role

• Coordinates the approval, design, structure of debt by local governments, and public authorities including revenue bonds, special obligation bonds, industrial revenue bonds, revolving loans, and installment-lease purchase agreements.
• Coordinates the approval, design, structure and issuance of debt by the Department of Transportation, NC Turnpike Authority, local transportation/transit Authorities and NC local airport Authorities.
• Provides financial information to local governments and public authorities as they prepare to issue various types of debt reviews the financial capability and responsibility of the borrower, reviews and analyzes alternative financing structures.
• Provides advice on the method debt structure, participates in due diligence meetings.
• Reviews application and prepares LGC agenda item.
• Prepares written financial analysis and reports.
• Maintains data accurately and in a timely manner; works collaboratively with others to store and retrieve data efficiently and effectively.

Knowledge Skills and Abilities/Management Preferences

Qualified applicants must possess, and application must clearly reflect work experience that demonstrates the following:

• Ability to interpret and apply policies, regulations, and guidelines related to state and local debt issuance.
• Demonstrated organizational and time management skills with the ability to manage multiple priorities and meet deadlines.

Management Preferences

• Demonstrated knowledge of or experience working with state or local government operations.
• Coursework or professional experience in policy analysis or financial analysis.

Salary Range - $60,881.00-$ 106,544.00.00

Position is Non-exempt to FLSA Overtime

This position may be assigned additional job functions as needed. This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice based on business conditions or as required by the agency to fulfill its mission.

Minimum Education and Experience

• Some state job postings say you can qualify by an "equivalent combination of education and experience."
• If that language appears below, then you may qualify through either years of education, years of directly related experience, OR a combination of both.
• See oshr.nc.gov/experience-guide for details.

The minimum Education and Experience is a bachelor's degree in business, finance, economics, accounting, or related discipline from an accredited institution and 3 years of directly related experience or an equivalent combination of education and experience.

If there are no qualified candidates remaining in the applicant pool who meet that minimum Education and Experience or Knowledge, Skills and Abilities required for the position, the agency may consider for this position a trainee who does not meet the minimum requirements.

Pay and benefits

Salary for a trainee may be set at a lower level than the classification salary range and recruitment range that is listed in the posting with the salary being adjusted up accordingly when the trainee has obtained the necessary additional education and experience to fully meet the minimum qualifications as outlined in the classification specification.

If you have student loans, becoming a state employee includes eligibility for the Public Service Loan Forgiveness Program.

This position currently qualifies for a hybrid telework option with routine office and remote workdays. The NC Department of State Treasurer trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.

Nc State Health Benefits

The State of North Carolina offers excellent comprehensive benefits. Employees can participate in health insurance options, standard and supplemental retirement plans, and the NC Flex program (numerous high-quality, low-cost benefits on a pre-tax basis). Employees also receive paid vacation, sick, and community service leave. In addition, paid parental leave is available to eligible employees.

Visit the website for State Benefits

Supplemental and Contact Information

DST uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

Application Process

Be sure to complete the application in its entirety. Resumes will not be accepted in place of completing this application.

• Information should be provided in the appropriate areas, to include the following: Education, including high school and all degrees obtained, Work Experience, and Certificates & Licenses. It is critical to our screening and salary determination process that applications contain comprehensive candidate information.
• Answers to Supplemental Questions are not a substitute for providing all relevant information within the body of your application. To receive credit for the supplemental questions, you must provide supporting information within the "Work Experience" section of the application to support your answers.
• Applicants will be subject to a criminal background check.
• Due to the volume of applications received, we are unable to provide information regarding the status of your application over the phone. To check the status of your application, please log in to your account. Upon the closing date, applications are "Under Review" and will be screened by Human Resources for qualified applicants. The hiring process may take several weeks.
• Degrees must be received from appropriately accredited institutions. Transcripts and degree evaluations may be uploaded with your application. The State of North Carolina/Office of State Human Resources uses the National Association of Credential Evaluation Services (NACES) as a referral resource for applicants who need to have their credentials certified as equivalent.

Degree/College Credit Verification

Degrees must be received from appropriately accredited institutions. Transcripts, degree evaluations, and cover letters may be uploaded with your application.

Veterans' and National Guard Preference

• Applicants seeking Veteran's Preference must attach a DD-214 Member-4 Form (Certificate of Release or Discharge from Active Duty) to their applications.
• Applicants seeking National Guard Preference must attach an NGB 23A (RPAS), along with the state application, if they are a current member of the NC National Guard in good standing.
• Applicants who are former members of either the NC Army National Guard or the NC Air National Guard, with honorable discharge and six years of creditable service, must attach a copy of the DD 256 or NGB 22, along with the state application.

Background Check

• The selected candidate will be subject to a criminal history background check through Castle Branch.
• One or more of the following may also be reviewed, depending on the nature and requirements of the position: employment history, professional references, credit history, and educational verification (i.e., degree, license, or official transcript).
• The selected candidate will be required to pass the background check to the satisfaction of the North Carolina Department of State Treasurer. All offers of employment are conditional until the satisfactory completion of the background check.

Minimum Education and Experience

• Some state job postings say you can qualify by an "equivalent combination of education and experience."
• If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both.
• See the Education and Experience Equivalency Guide for details.