TWDB - 25-43 - Financial Compliance Director (Director II-III)

Company Description

The mission of the Texas Water Development Board (TWDB) is to lead the state's efforts in ensuring a secure water future for Texas and its citizens. Our mission is a vital part of Texas' overall vision and the state's mission and goals that relate to maintaining the viability of the state's natural resources, health, and economic development.

To accomplish our goals of planning for the state's water resources and providing affordable water and wastewater services, the TWDB provides water planning, data collection and dissemination, financial assistance, and technical assistance services to the citizens of Texas. The tremendous population growth that the state continues to experience and the recurrent threat of severe drought only intensify the need for the TWDB to accomplish its goals in an effective and efficient manner.

Job Description

Only applicants who apply with a State of Texas application via the CAPPS online application system will be considered for this position. First time applicants will need to create an account https://tinyurl.com/CAPPS-Login in the CAPPS online application system at https://tinyurl.com/CAPPS-Jobs. Please visit our job opportunities page at https://tinyurl.com/How-to-Apply-in-CAPPS for more information about the Texas Water Development Board and answers to frequently asked questions. To view this position in greater detail, visit the CAPPS online application system.

Texas Water Development Board’s Mission - Leading the state’s efforts in ensuring a secure water future for Texas. 

The Texas Water Development Board (TWDB) endorses telecommuting and hybrid workplace plans, in addition to other flexible work alternatives. We offer competitive compensation and benefits package including medical, dental, vision, 401(k), flexible spending, and flexible work hours so you can have a work/life balance! For more information about our employee benefits and more, visit http://www.twdb.texas.gov/jobs/benefits.asp.

The Texas Water Development Board does not discriminate on basis of race, color, national origin, sex, religion, sexual orientation, age, or disability in employment or provision of services, programs, or activities. 

***Salary commensurate with experience and qualifications***

Salary Ranges:

• Director II:  $7,015.17 - $8,853.00***
• Director III:  $8,854.00 - $10,692.00***

GENERAL JOB DESCRIPTION

Performs advanced (senior-level) managerial work administering the daily operations and activities of the Texas Water Development Board’s Financial Compliance Division. Work involves establishing goals and objectives for the team. Develops and evaluates appropriate standards and procedures for monitoring borrower portfolios. Develops financial compliance guidelines, procedures, policies, or rules. Develops schedules, priorities, and standards for achieving established goals, and coordinating & evaluating performance of the division. Plans, assigns, and supervises the work of others. Provides information regarding entity past performance in the portfolio for ongoing credit analysis associated with applications for additional financial assistance. Directs the operation of the Stability Review Application developed, hosted, and maintained by the Texas Municipal Advisory Council (MAC). Oversees the CFO to Go program manager and recommends entities for participation in the program. Develops alternative methods for assessing the financial stability of entities in the program. Participates in the Financial Assistance Coordination Committee (FACC). Coordinates the resolution of non-routine requests from entities that are strictly in repayment status. Reviews proposed legislative or policy changes. Recommends and conducts site visits. Trains and reviews the work of others. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment. Reports to the Deputy Chief Financial Officer of the Finance Office.

ESSENTIAL JOB FUNCTIONS

• Conducts financial reviews of entities that have received financial awards from TWDB.
• Oversees and conducts financial compliance and stability reviews of municipalities for which the TWDB serves as bondholder identifying material noncompliance and/or default risk.
• Provides effective leadership and management of the Financial Compliance Division.
• Manages all project a