Debt Analyst - Walnut Grove - job 745608

City of Sacramento

Date: 05/04/2021

City: Walnut Grove, California

Salary: $79,311 - 104,063 per year

Employment type: Full-time



Under the direction of the City Treasurer, the Debt Management Division is responsible for the issuance and management of debt financings for the benefit of the City of Sacramento. The division collaborates with various internal and external parties to utilize the most cost-effective approach to meet the City’s financing needs. The division is also responsible for numerous post-issuance requirements related to the management of the City’s outstanding debt pursuant to federal and state requirements and bond covenants.


The ideal candidate in the Debt Management Division of the City Treasurer’s Office should have strong attention to detail and comprehensive knowledge of Office 365. The ideal candidate must have experience working with municipal finance, or special districts management; experience working on negotiated bond issuances and managing debt service; performing financial reconciliation and financial analysis. The ideal candidate should possess effective organizational and interpersonal skills including written and verbal communication skills. Under general supervision, the Debt Analyst performs professional-level work related to debt issuances and debt management. The City will also consider recruitment for a Senior Debt Analyst position if candidates meet the minimum qualifications for that position.

The Debt Analyst performs debt financing, compliance, and analytical work within the Debt Management Division of the Office of the Treasurer; collaborate with legal counsel, consultants, banks, and underwriters on debt-related issues; and helps ensure City compliance with applicable state and federal laws, ordinances, codes, and policies.


This journey level class is populated with multiple incumbents. An incumbent works initially under close direction from Sr. Debt Analyst with minimal independent authority, supporting programs/functions that have a citywide financial impact. As experience is gained, incumbents work with limited direction to perform duties that are moderately difficult/complex in nature, using a limited amount of independent authority. This class is distinguished from the next higher class of Senior Debt Analyst in that the senior designation performs highly complex assignments and may provide lead/supervisory direction over subordinate staff.


Direction is received from higher-level management. An incumbent may help train less experienced staff but does not typically have supervisory responsibilities.


Depending on assignment, duties may include, but are not limited to, the following:

  • Assists in preparing and managing various phases of debt financing including bond sizing, debt structuring, official statement preparation, development and review for legal compliance.

  • Performs financial analysis to identify specific financing and risk management strategies.

  • Performs a variety of tasks associated with the management of the City's debt portfolio including post-issuance compliance.

  • Works closely with bond counsel, underwriters, insurers, investors, consultants, and rating agencies regarding debt issuance and compliance; assists in the development and implementation of debt management policies, practices and procedures.

  • Attends meetings, conferences, and workshops; may participate on committees and task forces as required; may make presentations to various groups and individuals.

  • Other related duties may also be performed; not all duties listed are necessarily performed by each individual holding this classification.


Knowledge of:

  • Principles and practices of modern public administration.

  • Fundamental principles and practices of municipal finance.

  • Federal and state regulations related to municipal finance.

  • Basic principles and practices of financial analysis and record-keeping, including computerized reporting; fundamental principles and methods of cash flow analysis and projection.

  • Research methods and report writing techniques.

Skill in:

  • Use of modern information technology instruments, including computers, software applications, and peripherals, as they relate to areas of assignment.

Ability to:

  • Participate in bond-related activities within a public city treasury; meet critical deadlines and complete assignments and tasks in an accurate and timely manner.

  • Read and understand laws and regulations impacting municipal finance activities, particularly those related to bond issuance and management.

  • Establish and maintain effective working relationships with public officials, public/private agencies, the general public, and others on a variety of issues.

  • Calculate present, future and discounted cash flows.

  • Prepare and present financial and statistical reports.


Two years of professional and analytical finance work, preferably in a government, municipal, or local agency that included some responsibility for managing financial transactions and/or issuance of bonds.



Graduation from an accredited college or university with a bachelor's degree.


Additional qualifying experience may substitute for the required education on a year for year basis.


Should education be used to qualify for this position, then proof of education such as but not limited to, university/college transcripts and degrees must be submitted to the City of Sacramento Employment Office as an attachment(s) to the online application, faxed to (916) 596-1556, or emailed to by the final filing deadline. If submitting via fax/email, please include your name and Job #001729-21 on your documents. Unofficial documents and/or copies are acceptable. Applicants are responsible for attaching proof of education to each position for which they apply.

An applicant with a college degree obtained outside the United States must have education records evaluated by a credentials evaluation service. This evaluation must be submitted by the final filing deadline.


Driver License:

Possession of a valid California Class C Driver License may be required at the time of appointment.

For positions where the ability to drive is not an essential function, the employee must be able to arrange reliable and timely transportation whether through use of their private vehicle, use of government vehicle (when available), or through other private or public transportation for their attendance at essential off-site meetings, events, and training.


Please note, the City of Sacramento's preferred method of communication with applicants is via e-mail. As such, please ensure you verify the e-mail address on your application, and check your e-mail frequently, including your spam and junk folders.?All e-mail notifications can also be accessed through the applicant inbox.

1. Application:
(Pass/Fail) – All applicants must complete and submit online a City of Sacramento employment application by the final filing deadline;

  • Employment applications must be submitted online; paper applications will not be accepted.

  • Employment applications will be considered incomplete and will be disqualified:

  • If applicants do not list current and past job-related experience in the duties area of the "Work Experience" section. Note: Qualifying experience is based on 40 hours per week (pro-rated if less than 40 hours/week).

  • If "see resume" is noted in the "Work Experience" section; a resume will not substitute for the information required in the "Work Experience" section.

  • Position/job titles will not be considered in determining eligibility for meeting the minimum qualifications for this position.

  • Proof of education such as, but not limited to, university/college transcripts and degrees must be submitted online with your application, emailed to, or sent to the Employment Office by fax by the final filing deadline.

  • Applicants are responsible for attaching proof of education, certification, and/or license to each position for which they apply.

2. Supplemental Questionnaire: (Pass/Fail) – In addition to the City of Sacramento employment application, all applicants must complete and submit online responses to the supplemental questionnaire to the City of Sacramento Employment Office by the final filing deadline;

  • Responses to the supplemental questionnaire must be submitted online; paper questionnaire will not be accepted.

  • Incomplete supplemental questionnaire will not pass the review process; omitted information cannot be considered or assumed.

  • A resume will not substitute for the information required in the supplemental questionnaire.

  • Possession of the minimum qualifications is not necessarily a guarantee for further advancement in the selection process.

3. Screening Committee: (Pass/Fail) - Human Resources will evaluate employment applications for the minimum qualifications stated on the job announcement.

4. Interview Process:
Human Resources will forward qualified applications to the hiring department. Those determined to be the most qualified candidates will be invited to participate in an interview process.

5. Conditional Hire: Upon receipt of a conditional offer, the selected candidate must complete and pass LiveScan/fingerprinting. If applicable, candidates may also need to pass a pre-employment medical exam, controlled substance and/or alcohol test, and possess any required licensure or certification prior to receiving a start date from the Department. Failure to meet these prerequisites will be grounds for withdrawal of your conditional offer of employment.


For questions concerning this job announcement and the application process:

  • Please visit for a comprehensive, step-by-step guide to the application process.

  • For technical support between 6 AM - 5 PM PT, contact Live Application Support at 855-524-5627.

  • Visit the City of Sacramento Human Resources Department website at;

  • Send an email to; or

  • Call the Human Resources Department at (916) 808-5726

Bilingual Pay

Did you know that the City offers bilingual pay? That's right, most labor agreements offer the option of providing employees with bilingual pay if the department deems it to be operationally necessary.

Pension Reform Act

The City of Sacramento is covered by the California Public Employees' Retirement System, and as such, must adhere to the California Public Employee's Pension Reform Act (PEPRA) of 2013. Please note that the provisions within this act may affect or impact an applicant's eligibility and/or selection for open vacancies at the City of Sacramento.

Equal Opportunity Employer

The City of Sacramento is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

Additional Information
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