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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Salem, Oregon

Salary: $68K - $104K

Oregon State Treasury is focused on improving the financial well-being of all Oregonians. We provide low-cost programs for governments, and empower Oregonians to invest in themselves and their loved ones for a more secure future.

Job Description:

We are looking for an individual experienced with bond financing to join our team at Oregon State Treasury! This is an exciting opportunity to work within our Debt Management Division to help facilitate the issuance of bonds for various departments and programs around the state. This is a great position for someone who is passionate about bond financing and public service, creative with solutions to problems, likes working closely with others and in a fast-paced environment, communicates well, and likes the structure of rules, laws, and regulations. If this sounds like a good fit, we want to hear from you!


Job Duties Summary 

  • Provide lead and backup support to bond financings.
  • Analyze agency requests for bond issuance and determine the adequacy of the request to provide sufficient funds to carry out agency goals and meet specific program bonding needs.
  • Anticipate problems in bonding structure proposed by state agencies and identify alternative solutions with pros and cons; make written recommendations to issuers for action; and, negotiate with agency managers and finance analysts.
  • Review agency cash flow projections to ensure adequate sources of repayment and sound financial structure of bonds issued. Coordinate the preparation of related documents, including loan documents on private placements and preliminary and final official statements on public offerings.
  • Ensure adequate disclosure of relevant material and compliance with rules, laws and issuance procedures. Coordinate closing and settlement arrangements for bond transactions.
  • Determine legal compliance with prescribed guidelines, rules and laws.
  • Submit findings to the Division Director and recommend approval on non-approval.
  • Manage problem-solving activities between state agencies, bond issuance professionals, local governments, businesses, federal agencies and other interested parties.
  • Work with the Division Director on Bond Tracker related issues to ensure State debt is correctly tracked and bond data is accurate.
  • Prepare requests for proposals (RFP), analyze applicants and assist in the selection of bond professionals such as bond counsel, underwriter, financial advisor and trustee.


Work Schedule

This position will have the opportunity for a hybrid (remote and in-office) work location schedule; in-office work will be predominately from Treasury’s office in Salem. The in-office presence schedule will be at least once per month, with additional time in the office as needed for meetings and/or other business needs.


Salary Range

$67,884-$104,256 annually.


Job Classification

This position is classified as a Program Analyst 4. This position is a SEIU represented position.


Minimum Qualifications for Our Position

  • A Bachelor’s Degree in Business or Public Administration, Behavioral or Social Sciences, or a degree related to the agency program that demonstrates the capacity for the knowledge and skills; and five years experience coordinating or administering a program; OR
  • Any combination of experience or education equivalent to eight years of experience that typically supports the desired attributes listed.


Ideal Candidate Desired Attributes & Desired Experience 

  • Bond financing experience (such as from an bank, broker-dealer, rating agencies, government issuer);
  • Fixed income analysis experience;
  • Experience with State and Local Government finance;
  • Experience overseeing external partners;
  • Municipal credit analysis experience;
  • Experience with Excel, MS Office Product, Adobe;
  • Excellent attention to detail and accuracy;
  • Adaptable, flexible, and tolerant of ambiguity;
  • Self-motivated and resourceful;
  • Excellent written and verbal communication skills; and
  • High emotional intelligence and self-awareness.


Important Application Details

In order to apply and be considered for this position, you are required to upload your resume, and a cover letter describing how you meet the desired attributes listed above.


We will accept applications through the job announcement closing date, however, we may close this recruitment early, if we receive a well-qualified applicant pool.  If interested, please apply early.


Benefits of Joining Our Team

  • Low employee premium share for medical, dental, vision, and basic employee life (1% or 5% employee share);
  • Robust paid leave package, such as vacation, personal business, holidays, sick leave, and special holiday leave;
  • PERS retirement benefits;
  • Support with training and development;
  • Student loan forgiveness under the Public Service Loan Forgiveness Program (PSLF);
  • Optional benefits include optional life, short & long term disability, accidental death and dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, weight watchers, and more!


About Oregon State Treasury

Oregon State Treasury is focused on improving the financial well-being of all Oregonians. We provide low-cost programs for governments, and empower Oregonians to invest in themselves and their loved ones for a more secure future.


We are committed to cultivating a workplace that is diverse, inclusive, and respectful. We value and

support the collective differences in who we are and celebrate the fact that everyone comes to the table as their own unique individual. We believe this commitment empowers our success and makes Oregon State Treasury

an excellent place to work. As Treasury employees, our commitment to diversity, equity, and inclusion makes

this a safe environment for us to ask questions, learn, and grow, and helps us to better serve Oregonians.


Oregon State Treasury is led by State Treasurer Tobias Read. As Treasurer, he is the state’s financial leader, the custodian of public funds and chief investment officer. We prioritize investing for the long term, doing business the right way, and empowering Oregonians to invest in themselves. We’re proud of the work we do to help families, governments, and businesses succeed.


Our Values and Principles


Please visit the following webpage to learn more about Oregon State Treasury:


Special Information 

  • Prospective employees are subject to an extensive background check that may include, but not be limited to, validation of all application materials, prior employment and personal references, credit history, driving records and fingerprint-based state and federal criminal and civil records.  Adverse background data may be grounds for immediate disqualification.
  • OST does not offer visa sponsorships, and within three days of hire, the successful candidate will be required to complete the U.S. Department of Homeland Security form I-9, confirming authorization to work in the United States.
  • Eligible veterans who meet the qualifications will be given veterans’ preference. To receive preference you MUST attach appropriate documentation as outlined by the Department of Administrative Services at the following website: Veterans Resources.  You may also call the Oregon Department of Veterans’ Affairs at 1-800-692-9666.
  • OST is an equal opportunity, affirmative action employer committed to a diverse workforce.
  • Consistent with the Americans with Disabilities Act (ADA), Oregon State Treasury will provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. Requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please call Oregon State Treasury at 503-378-4000 and request to be connected to Human Resources.