Finance Counsel

Job: Finance Counsel

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

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.
 

Salary Range: $59.93 – $85.80 / Hourly – $125,134 – $179,150 / Yearly