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Working Title: Finance Counsel

Job Class: Housing Finance Agency Exec

Agency: Minnesota Housing Finance Agency

 

  • Job ID: 82811
  • Location: St Paul, MN
  • 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: Regular
  • Classified Status: Statutorily Unclassified
  • FLSA Status: Exempt
  • Bargaining Unit/Union: Managerial Plan
  • Date Posted: 12/23/2024
  • Closing Date: 01/13/2025
  • Salary Range: $59.93 - $85.80 / Hourly - $125,134 - $179,150 / Yearly
  • Designated in Connect 700 Program for Applicants with Disabilities: [No]

 

Who may apply:

This position is open to qualified internal and external candidates.

 

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.

 

Additional Requirements

This position requires successful completion of the following:

  • Reference Checks.
  • Job related background checks. 
  • Conflict of Interest Disclosure.

 

Physical Requirements

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

 

How to Apply

External candidates: Select “Apply for Job” at the top of this page. If you have questions about applying for jobs, contact the job information line at 651-259-3637 or email careers@state.mn.us. For additional information about the application process, go to http://www.mn.gov/careers.  

External candidates should copy and paste this text into your browser: https://careers.mn.gov/psp/mnjob/MNCAREERS/HRCR/c/HRS_HRAM_FL.HRS_CG_SEARCH_FL.GBL?Page=HRS_APP_JBPST_FL&FOCUS=Applicant&SiteId=1001&JobOpeningId=82811&PostingSeq=1&languageCd=ENG

 

Internal candidates: Go to Employee Self Service > Careers and search for Job ID 82811

 

Contact 

If you have questions about the position, contact us at: Minnesota.Housing.Human.Resources@state.mn.us.  

To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID#, the Working Title, and your valid Proof of Eligibility Certificate by the closing date to Minnesota.Housing.Human.Resources@state.mn.us. 

 

About Housing Finance Agency

At Minnesota Housing, we know that affordable housing is an essential part of Minnesota’s infrastructure. When you work here, you’re helping to build stronger communities. We have a national reputation as one of the finest housing finance agencies in the country.

 

Working together to improve the state we love. 

What do Minnesota’s State employees have in common?

  • A sense of purpose in their work.
  • Connection with their coworkers and communities.
  • Opportunities for personal and professional growth.

 

Benefits 

As an employee, you’ll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.

Your benefits may include:

  • Paid vacation and sick leave.
  • 12 paid holidays each year.
  • Low-cost medical, dental, vision, and prescription drug plans 
    • Fertility care, including IVF.
    • Diabetes care. 
    • Dental and orthodontic care for adults and children. 
  • 6 weeks paid leave for parents of newborn or newly adopted children.
  • Pension plan that provides income when you retire (after working at least three years).
  • Employer paid life insurance to provide support for your family in the event of death.
  • Short and long-term disability insurance that can provide income if you are unable to work due to illness or injury.
  • Tax-free expense accounts for health, dental, and dependent care. 
  • Resources that provide support and promote physical, emotional, social, and financial well-being.

Support to help you reach your career goals: 

  • Training, classes, and professional development. 
  • Student Loan Reimbursement (pilot program)
  • Tuition Assistance Program
  • Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website studentaid.gov).

Employee Assistance Program (EAP) for work/life support:

  • A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance. 
  • Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues. 
  • Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care.

Programs, resources, and benefits eligibility varies based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.

 

EQUAL OPPORTUNITY EMPLOYERS

Minnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. State agencies are committed to creating a workforce that reflects the diversity of the state and strongly encourages persons of color and Indigenous communities, members of the LGBTQIA2S+ community, individuals with disabilities, women, and veterans to apply. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve Minnesotans.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex (including pregnancy, childbirth, and disabilities related to pregnancy or childbirth), gender identity, gender expression, marital status, familial status, age, sexual orientation, status regarding public assistance, disability, veteran status or activity in a local Human Rights Commission or any other characteristic protected by law.

 

APPLICANTS WITH DISABILITIES

Minnesota state agencies make reasonable accommodations to their employees and applicants with disabilities. If you have a disability and need assistance in searching or applying for jobs with the State of Minnesota, call the job information line at 651-259-3637or email careers@state.mn.us, and let us know the support you need.