At the MBTA, we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe, reliable, and accessible transportation. MBTA’s core values are built around safety, service, equity, and sustainability and each employee that works for the MBTA performs their roles based on our vision, mission, and values. This includes attendance, participation, and contribution in local safety committee meetings as needed.

The Senior Director of Treasury helps manage the MBTA's debt portfolio, cash position, and investment accounts. The Senior Director coordinates with Financial Advisory firms and Bond Counsel in conjunction MBTA Treasury staff to facilitate the issuance of debt, which includes drafting RFPs for syndicates, developing bond issuance documentation, managing relationships with investment bankers and corresponding with rating agencies. The Senior Director of Treasury also helps with the growing federal loan program, overseeing the drafting Letter of Interest (LOIs) and applications for new loans and overseeing reporting requirements of existing loans. Other responsibilities include assisting the department with Request for Proposals for various services; filing disclosures; preparing presentation material for MBTA leadership; interfacing with other departments within the MBTA; managing the MBTA's Sustainability Bond program; assisting with unclaimed property, liquidity and cash flow analysis as well as coordinating with MBTA's Capital team to meet the demands of adequately funding the CIP and other special projects.  

• Serves as a key member of the Treasury team at the MBTA, and actively assists in the management the Authority's debt programs, both long-term and short-term, taxable, and tax-exempt.
• Manages the Authority's funding sources, including revenue bonds, commercial paper, bank loans, leases, and federal loans to meet short- and long-term operating and capital needs.
• Oversees and guides staff with the reporting of tax-exempt bond proceed spent on qualified capital projects.
• Assumes responsibility for cash management procedures, manages the Authority's investment activity, and provides recommendations requiring technical skills and knowledge of monetary market, investment management and financing techniques. 
• Oversees the Authority's Sustainability Bond program, including identification of projects and communication to investors, and developing the Sustainability Bond report.
• Serves as a liaison to Capital Planning and Oversight.
• Manages daily banking needs of the Authority, which includes reviewing and releasing wires and coding transactions for the general ledger. 
• Issues Requests for Proposals (RFPs) and negotiates contracts for banking services, debt transactions, renewals and amendments between enterprise, financial institutions, merchant providers and other vendors.
• Maintains working relations with commercial and investment banks, trustees, financial advisors, credit card processors, consultants and rating agencies, among others.
• Coordinates the preparation and monitoring of departmental budgets and expenditures.
• Oversees the production and delivery of quarterly debt disclosure.
• Formulates, documents and implements policies, procedures and programs relating to cash management, financing, liquidity, regulatory control and compliance issues.
• Champions and supports functional requirements and operation of treasury and financial systems' implementation and optimization.
• Evaluates and recommends initiatives to enhance risk mitigation and fraud protections.
• Evaluates requests for department and enterprise-wide banking services.
• Perform all other duties and projects that may be assigned.

• Bachelor's degree from an accredited institution in Finance, Accounting, or related field.
• Ten (10) years of experience in treasury services and/or a related financial markets role.
• Seven (7) years of supervisory, managerial, and/or leadership experience.
• Knowledge of financial markets, investment management, and financing techniques.
• Knowledge of banking, treasury management products and services.
• Demonstrated experience coordinating, tracking, and reporting project financials across multiple teams including establishing, maintaining, and tracking project budgets and overall cost control.
• Demonstrated experience managing multiple project financials, priorities, and tasks across multiple projects and teams.
• Demonstrated experience in overall project execution process.
• Working knowledge of Microsoft office and financial management software (SAP, oracle, etc.).
• Superior communication skills and the ability to communicate confidently at all levels.
• Effective organizational, analytical, confidentiality, quantitative, multi-tasking, and time-management skills.
• Have the ability to supervise and work effectively with a diverse workforce.

• A High School Diploma or GED with an additional seven (7) years of directly related experience substitutes for the bachelor's degree requirement. 
• An associate degree from an accredited institution an additional three (3) years of directly related experience substitutes for the bachelor's degree requirement. 
• A master's degree in a related subject substitute for two (2) years of general experience. 
• A nationally recognized certification, or statewide/professional certification in a related field substitutes for one year of experience. 

Preferred Experience and Skills

• A master's degree from an accredited institution in Business Administration, Finance, Accounting, Public Policy, Public Administration, or related field.
• Experience in project finance, design/build contracts, technology contracts, and transit fare revenue.
• Thorough knowledge of financial legislation, regulation, and practices.
• Experience with project management systems and software.
• Demonstrated ability to understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labor/management agreements.

Job Conditions:

• Ability to effectively read, comprehend, communicate, and respond to instructions, orders, signs, notices, inquiries, etc. in English.
• Ability to commute to assigned work locations in the Boston, MA metro area, as required by the role.
• Ability to provide internal and external customers with courteous and professional experiences.
• Ability to work effectively independently and as part of a team (or supervise, if required).
• Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers.
• Ability to adhere to rules, regulations, collective bargaining agreements (if applicable), and policies of the MBTA, including the EEO, anti-discrimination, anti-harassment, and anti-retaliation policies.
• Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if current student or recent graduate), including overall employment, job performance, discipline, and safety records (infractions and/or offenses occurring after the closing of the posting and before the filling of a vacancy may preclude a candidate from consideration for selection).
• Ability to pass a Criminal Offender Record Information (CORI) check, comprehensive background screening, and / or medical Clinic screening, potentially including a physical examination and drug and alcohol screenings.
• Ability to work all shifts and / or locations assigned, directed, or necessary for this position, including (for some transit / operations roles) up to twenty-four (24) hours per day, seven (7) days per week as necessary to accommodate severe weather conditions, emergencies, or any other circumstances that may potentially impact service or the safety of service.
• Intern / co-op staff must be enrolled full or part-time in an accredited educational program and maintain a cumulative GPA of at least 2.5 for the entire duration of the internship / co-op.

Disclaimers and Definitions:

1. General Disclaimer: The statements contained in this job description are intended to describe a summary, general nature, and complexity of typical job functions and do not represent an exhaustive list of all duties, tasks, and responsibilities required of staff assigned to this position.
2. Application Completion: It is each applicant’s responsibility to ensure application details are entered completely and correctly, including updated work and education histories (past and current). Incomplete applications may not be considered. Attachments do not substitute for application fields. Recruitment team does not have access to existing employee data / history.
3. Application Deadlines: Applicants should apply as soon as possible, as the MBTA may stop considering applicants after a sufficiently large applicant pool is established.
4. Work Environment: The physical demands and work environment characteristics described here-in are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions. See job description for role-specific requirements.
5. Work Eligibility: Although the MBTA is an Equal Opportunity Employer, all employees must be legally authorized to work in the United States for any employer and on an unrestricted basis (the MBTA does not sponsor non-US citizens). However, if you have an unrestricted work authorization, or sponsored by a separate entity, you are welcome to apply for open positions. International students taking part in CPT / STEM / OPT programs through a university are eligible for internships and co-ops with the MBTA. In compliance with federal law, all persons hired will be required to complete a Form I-9 to verify their identity and eligibility to work in the U.S.
6. Interviews: Candidates should ensure they arrive on time, are prepared, can remain for the duration, and if remote, are in a quiet place without distraction, for the interview. Candidates who do not attend their interview without advance authorization, including an email confirmation of a rescheduled time/date from Human Resources, will be considered a no-show and disqualified from consideration for the position. Related to rescheduling, on a one-time basis, and due to something emergent, you may be allowed to reschedule the interview. In addition, Human Resources may require documentation supporting the request. However, should you need to reschedule, you will need to contact your Recruiter directly by email.
7. Safety Sensitive Positions: Employees working in this classification will be subject to periodic physical examinations plus random drug and alcohol testing.
8. On-call or 24/7 Positions: Employees working in this classification must be available to respond to page / text / call and report to work as determined by assigned department or the Authority.
9. Essential / Emergency Staff: During declared "states of emergency," employees working in this classification are required to report to work for their assigned work hours or as directed by management.
10. ADA Accommodations: The MBTA makes reasonable accommodations for applicants with disabilities. If you require an accommodation during this process, please contact the MBTA's ADA Unit at 617-222-5751 or hradaaa@mbta.com.
11. Diversity, Equity, and Inclusion: The MBTA is an Equal Employment Opportunity Employer. For terms, descriptions, and definitions related to diversity, equity, inclusion, veteran status, and immediate family members that you may find on the application form, please visit mbta.com/careers-app-definitions.