Our Ability Jobs

Working Title: Finance Counsel

Job Class: Housing Finance Agency Executive

Agency: Housing Finance Agency

• Job ID : 82811

• Location : St. Paul

• Telework Eligible : Yes, with intermittent trips to the office and other work locations. Teleworking employees are required to live in Minnesota or in a state bordering Minnesota.

• Full/Part Time : Full-Time

• Regular/Temporary : Unlimited

• Who May Apply : Open to all qualified job seekers

• Date Posted : 12/23/2024

• Closing Date : 01/13/2025

• Hiring Agency/Seniority Unit : Housing Finance Agency / Housing Finance-Managerial

• Division/Unit : Human Resources Processing / Manager-HR & PAE

• Days of Work : Monday - Friday

• Travel Required : No

• Salary Range: $59.93 - $85.80 / hourly; $125,133 - $179,150 / annually

• Classified Status : Statutorily Unclassified

• Bargaining Unit/Union : 220 - Manager/Unrep

• FLSA Status : Exempt - Executive

• Designated in Connect 700 Program for Applicants with Disabilities (https://mn.gov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : No

The work you'll do is more than just a job.

At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

Minnesota Housing is hiring! We’re a mission-driven, financially self-sustaining state agency that finances Minnesota’s most supportive and affordable housing. We are now seeking an experienced Finance Counsel to support this work due to the upcoming retirement of our current Finance Counsel. The Finance Counsel provides legal advice and analysis with respect to Minnesota Housing’s issuance and management of mortgage revenue bonds and other debt, including compliance and reporting requirements. The position oversees and coordinates the primary and secondary market disclosure of material information in relation to Minnesota Housing’s bonds, with bond issuances of over $1.0 billion annually.

Essential Job Duties

• Lead the legal activities required for the issuance of single family and multifamily bonds, including preparation of official statements; review, negotiation, and drafting of legal documents; and facilitation of work among bond counsel, underwriters’ counsel, and counsel to other parties involved in the transactions.

• Oversee the public disclosure of material information in relation to Minnesota Housing’s debt issuance program; provides agency-wide guidance on best disclosure practices; review and approve disclosure reports; participate in national disclosure discussions and forums; stay current on municipal securities and disclosure developments.

• Ensure compliance with all applicable federal and state tax laws and regulations; ensure that proper documentation of bond transactions is maintained; communicate compliance and reporting requirements to staff and ensure that controls are in place to achieve compliance; design and recommend compliance controls as needed; stay current on evolving compliance issues and communicate updates to staff.

• Share knowledge of bond issuance, management, disclosure, and compliance with Minnesota Housing staff; conduct relevant staff training on compliance and legal issues with respect to bond issuance and management.

• Perform other duties as assigned.

Minimum Qualifications

To be qualified for and considered for this position, applicants must meet all of the minimum qualifications listed below. Ensure that your resume contains descriptions of your work experiences sufficient for comparison against the requirements stated below and indicate the beginning and ending month and year for each job held.

Only applicants whose resumes clearly demonstrate fulfillment of each of these minimum qualifications will be considered for this position.

• Law degree from an accredited law school and Member of the Minnesota state bar.

• At least five years of experience in public finance.

• Detailed knowledge of federal tax code and regulations with respect to tax-exempt debt issuance and knowledge of federal securities laws.

• Excellent legal analysis and writing skills.

• Demonstrated communication skills, including ability to comprehend and communicate complex information in plain language.

Preferred Qualifications

• Municipal bond experience, including revenue and private activity bonds.

• Familiarity with mortgage revenue bonds structures.

• Expertise in securities regulations.

• Familiarity with interest rates swaps and liquidity agreements.

• Our employees are dedicated to ensuring cultural responsiveness. Preferred candidates will have a variety of experiences working effectively with others from different backgrounds and cultures.

Physical Requirements

This position requires successful completion of the following:

• Reference Checks.

• Job related background checks.

• Conflict of Interest Disclosure.

Additional Requirements

Requires moving office items such as file folders and small office tools.

AN EQUAL OPPORTUNITY EMPLOYER

Minnesota State Colleges and Universities is an Equal Opportunity employer/educator committed to the principles of diversity. We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law. As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status.

Reasonable accommodations will be made to all qualified applicants with disabilities. If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at 651-259-3637 or email careers@state.mn.us . Please indicate what assistance is needed.