September 20, 2016
All debt issuance, analysis, capital lease purchasing and the payment of debt service is managed by the Division of Debt Management in the Maryland State Treasurer’s Office (STO). Maryland has approximately $9.5 billion in General Obligation Bonds outstanding which are rated AAA (the highest rating possible) by all three rating agencies. This position is the Deputy Director, which reports directly to the Director of Debt Management. The Deputy supervises all activities of Division staff and performs all tasks related to the management of the State Debt program in the absence of the Director. Additionally, this position is responsible for management of the Annuity Bond Fund which has annual expenditures in excess of $1 billion, assists in the coordination of the Division’s post issuance compliance activities, and provides support and assistance to the Director in the analysis and production of various financial, cash and debt-related data. This position must continuously calculate different interest rate scenarios in order to make recommendation to the Director of the most cost effective type of bond issuances while assessing the impact of various scenarios on ABF balances.
Educational Requirements: Possession of a Bachelor’s Degree from an accredited four-year college or university.
The Ideal Candidate Should Have: