Financial Analyst

WHY WHEDA?

WHEDA serves Wisconsin residents and communities by working with others to provide creative financial and technical resources to stimulate and preserve affordable housing, small businesses, and agriculture.

WHEDA employees participate in the State of Wisconsin benefit package. WHEDA offers an excellent benefits package that includes Medical, Vision, and Dental Insurance, State Retirement plan; 457 Deferred Compensation, Group Term Life Insurance (and optional term life insurance for family members), Disability Insurance, paid sick leave, paid vacation time, twenty eight (28) personal holiday hours, Twelve (12) paid legal holidays per year, tuition reimbursement program.

WHEDA is an equal opportunity and affirmative action employer seeking a diverse and talented workforce. Veterans are also encouraged to apply.

WHEDA is seeking a
Financial Analyst to join our Finance team in our Madison facility
.

SALARY:
Hiring Range for this position is from $71,670 to $88,735 annually. Offered Salary will be based on qualifications and internal pay equity. WHEDA provides a competitive salary and WHEDA employees participate in the State of Wisconsin benefit package which includes retirement, health insurance and deferred compensation programs.

The position of Financial Analyst is responsible for professional level analysis and oversight of various functions including cash management, debt management and investment management, ensuring adherence to the Authority's financial policies and procedures as well as state and federal laws and regulations.

• Leads cash management including cash needs for the General Fund and other Authority accounts, including cash processing, reconciling, and reporting. Performs daily balancing and ensures excess cash is invested appropriately. Ensures proper segregation of duties and risk management controls. Maintains compliance with policies and regulations and works with auditors for activities related to cash management.
• Oversees relationship with banking partners, and researches and evaluates new banking products and services, and recommends product and service improvements. Assists with drafting banking services RFPs and reviews responses and scoring.
• Provides cash management guidance for new and existing program initiatives, as well as the Authority's business recovery plan. Collaborates with internal business groups to identify and resolve problems.

• Participates in the analysis of funding sources and lending products considering interest rate risk, tax‐exempt bond law, regulatory requirements for federal funding sources, and historical and projected cash flows.
• Performs analyses and reporting for ongoing bond performance and compliance; updates debt management system to create general ledger entries, supports new bond issue process, assisting with cost of issuance, reserve requirements, and analyzes information from bond underwriters for new issues.
• Supports and monitors market valuations for interest rate swaps, partnering with swap providers to establish methodologies and analyses that support accurate swap payments.
• Supports external reporting requirements for rating agencies, WHEDA line of credit and liquidity facility providers and other external partners. Monitors and posts continuing disclosure notices following the Municipal Securities Rule‑making Board.
• Performs analyses for debt retirement and redemptions, reviewing swap terms and regulatory restrictions, debt characteristics, and collateral characteristics for mortgage loans and mortgage‑backed securities.

• Supports investment strategies including purchases, sales, and reporting for various security types, performs relevant research, and monitors, prices, performs compliance, and reports/records activity. Integrates data into investment reporting system and prepares reports for review.

• Prepares or assists with various reporting requirements for internal and external stakeholders, including reports to internal Finance Committee and state required reporting as it relates to minorities', women, and disabled veterans'…