Job Information

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Public Transportation Services Corporation (PTSC)
PTSC is an equal employment opportunity employer


Bulletin No:
Job Title:
Closing Date:
Open Until Filled
Salary Grade:
Salary Range:
$92,643 - $115,793 - $138,964
Open Until Filled openings may be closed at any time without notice.

At Will**

Other Info:

This bulletin is posted to establish or add to a Qualified Candidate Pool(QCP)


Basic Function

To administer Metro’s long-term and short-term debt, leasing and hedging programs and to monitor statutory compliance issues related to Metro’s programs, contracts and related agreements.

Example Of Duties

  • Coordinates the financing teams, including financial advisor, bond counsel and underwriters, and oversees the structuring and documentation of the debt issues including development of official statements and presentations to rating agencies and bond insurers
  • Oversees commercial paper programs including development of the offering memorandum, documentation for issuance and retirement, and coordination with note counsel and letter of credit banks
  • Coordinates ongoing activities with trustees for bond issues, commercial paper programs and leases
  • Coordinates administration with counter-parties to interest rate swaps, natural gas swaps, surety policies and investment agreements
  • Administers investment of bond proceeds
  • Oversees preparation of documentation for draws from debt issuance proceeds
  • Oversees tracking of uses of bond proceeds
  • Evaluates proposals, screens applicants, selects bond teams (financial advisors, bond counsel, underwriters and trustees)
  • Manages compliance with Federal arbitrage regulations and private use regulations, implementing mitigation measures as needed
  • Monitors compliance with Federal law, state law and local ordinances regarding requirements and limitations on debt issuance and uses of bond proceeds and for annual secondary market disclosure filings
  • Oversees processes to ensure compliance with covenants from bond indentures and related agreements, lease agreements, interest rate swaps and natural gas swaps
  • Prepares presentations to Metro committees, the Board of Directors, rating agencies and for marketing meetings with institutional investors
  • Supervises subordinate staff and consultants
  • Communicates and implements safety rules, policies, and procedures in support of the agency’s safety vision and goals; and maintains accountability for the safety performance of all subordinate employees
  • Contributes to ensuring that the EEO policies and programs of Metro are carried out

Requirements For Employment

  • Bachelor’s Degree in Finance, Economics, Business, or a related field
  • 3 years’ supervisory-level experience with a municipal issuer or as an investment banker, credit analyst, financial advisor, or bond trustee, developing or working with transaction documentation, resolving transaction structuring matters, preparing credit presentations and administering ongoing transactions
Preferred Qualifications

Preferred Qualifications (PQs) are used to identify relevant knowledge, skills, and abilities (KSAs) as determined by business necessity. These criteria are considered preferred qualifications and are not intended to serve as minimum requirements for the position. PQs will help support selection decisions throughout the recruitment. In addition, applicants who possess these PQs will not automatically be selected.

The following are the preferred qualifications:

  • Experience with the debt issuance process and various types of debt instruments such as sales tax revenue bonds, general obligation bonds, or lease revenue obligations
  • Experience developing and maintaining finance models for budgeting, cash forecasting, and interfacing with long-term financial plans
  • Experience performing complex financial analysis to validate or procure a financial product
  • Experience using debt management databases such as DBC Finance


  • Federal and state laws regarding disclosure and issuance of bonds
  • Federal tax law for municipal bonds regarding arbitrage and private use
  • Short-term investment alternatives
  • Finance, economics, and investment management theories and practices
  • Underwriting theories and practices
  • Financial advisory and legal practices related to municipal finance
  • Computer-based business software


  • Evaluate and interpret varied information and apply laws, regulations, policies, and procedures related to bonds, securities, and other financing options
  • Analyze complex situations or information, identify problems and recommend solutions
  • Exercise judgment and creativity in making decisions and recommendations
  • Determine most appropriate strategies to achieve goals
  • Prepare clear, concise, and comprehensive reports
  • Interact professionally with all levels of Metro employees, public officials, and outside financial representatives
  • Communicate effectively orally and in writing
  • Meet tight time constraints and deadlines
  • Handle highly confidential information
  • Manage professional staff and consultants
  • Read, write, speak, and understand English

Selection Procedure

Applicants who best meet job-related qualifications will be invited to participate in the examination process that may consist of any combination of written, performance, or oral appraisal to further evaluate job-related experience, knowledge, skills and abilities.

Application Procedure

To apply, visit Metro's website at and complete an online Employment Application.

Computers are available to complete online Employment Applications at the following Metro location:

METRO Headquarters, Employment Office
One Gateway Plaza
Los Angeles, CA 90012

(213) 922-6217 or persons with hearing or speech impairments can use California Relay Service 711 to contact Metro.

All completed online Employment Applications must be received by 5:00 p.m. on the closing date. (JMC)

*Open to the public and all Metro employees

This job bulletin is not to be construed as an exhaustive list of duties, responsibilities, or requirements. Employees may be required to perform other related job duties.