Debt Analyst

**Division**:

- Financial Management & Planning

**Important Notices & Amendments**:
**CURRENT SALARY UNDER REVIEW**

**This position**currently falls within our hybrid model**, allowing the employee to**typically**work**a minimum of**50% of**your** time**at your regular work location and the other 50% of time at home.**

**About Us**:
Serving a diverse urban and rural population of more than 475,000, Niagara Region is focused on building a strong and prosperous Niagara. Working collaboratively with 12 local area municipalities and numerous community partners, the Region delivers a range of high-quality programs and services to support and advance the well-being of individuals, families and communities within its boundaries. Nestled between the great lakes of Erie and Ontario, the Niagara peninsula features some of Canada’s most fertile agricultural land, the majesty of Niagara Falls and communities that are rich in both history and recreational and cultural opportunities. Niagara boasts dynamic modern cities, Canada’s most developed wine industry, a temperate climate, extraordinary theatre, and some of Ontario’s most breathtaking countryside. An international destination with easy access to its binational U.S. neighbour New York State, Niagara attracts over 14 million visitors annually, as well as a steady stream of new residents and businesses.

At Niagara Region, we value diversity - in background and experience. We are proud to be an equal opportunity employer. We aspire to hire and grow a workforce reflective of the diverse community we serve. By doing so, we can deliver better programs and services across Niagara.

For the Region's full employee equity statement, Working at Niagara Region - Niagara Region, Ontario.

**Don’t have every qualification?**

**Job Summary
Salary Pending Review**:
Reporting to the Manager Revenue Planning and Strategy the Debt Analyst is responsible for providing administrative support of the Niagara Region’s and local area municipal debt issuance, including both capital markets and ministry offerings.

**Education**:

- Post-secondary degree in a finance or business-related field of study.

**Knowledge**:

- Minimum of 3 years progressive experience, with an emphasis in reporting and analysis and related financial analyst experience, responsible for detailed reporting considered an asset.
- Experience within the Ontario Municipal financial context considered an asset.
- Knowledge of the Municipal Act requirements as it relates to financing considered an asset

**Responsibilities**:

- Responsible for the coordination of the Niagara Region’s and local area municipal debt issuance, including both capital markets and ministry offerings. (40% of time)_
- Maintain and lead communication of timelines including key decision points and milestones to meet informational and report deadlines.
- Liase with debt issuing bodies (i.e. Infrastructure Ontario (IO), debt syndicates (Capital Markets), Federation of Canadian Municipalities (FCM), Province of Ontario for Tile Drainage Loans) ensuring understanding of the debt programs and requirements.
- Liaise with outside legal counsel on the administrative and document steps required to issue new debt, ensuring that documents and information flows from the region on a timely basis
- Coordinate with other departments, such as Legal and Clerks, on the required approval of steps and trail of documents required by external Counsel to provide a clear opinion to issue debt.
- Prepare draft documents and information required by Treasurer and the Debt Issuance Syndicate Lead, up to and including the final pricing conference call, including related by-laws.
- Organize meetings and conference calls between the Debt Issuing Syndicate, Corporate Finance staff and other Regional staff as appropriate. Drafts agendas and circulates discussion documents.
- Coordinate information flow and meetings with other sections and/or divisions to ensure financing documentation is in good order.
- Coordinate information flow with the area municipalities with regards to their portion of debt issued through the Region, including reports, schedules, ensuring the flow of electronic funds to meet repayment deadlines to bondholders.
- Coordinate the proper filing, labelling, sequenced by date of all documents, Committee and Council approvals, legal certificates, Canadian Depository for Securities authorizations, pricing tables, term sheets and repayment schedule(s) for debt issues.
- Coordinates all authorizing documents and signatures.
- Responsible for the day-to-day administration of the Niagara Region’s and local area municipal debt issuances (35% of time)_
- Maintains Debt Register; addition of new debt (sets-up debenture specific type, term, rate, and amount) and administrative adjustments as required.
- Ensures appropriate treatment of debt activities in general ledger, managing payment schedules in project module through journal entries.
- Distributes debenture proc