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Principal Financial Analyst (Selective Certification - Municipal Debt) (Extended)

Principal Financial Analyst (Selective Certification - Municipal Debt) (Extended)

City of OaklandOakland, CA, United States
18 hours ago
Job type
  • Full-time
  • Part-time
  • Permanent
Job description

Salary : $149,409.72 - $183,462.00 Annually

Location : Oakland, CA

Job Type : Full Time Civil Service

Job Number : 25-AF041-10SC

Department : Finance Department

Opening Date : 10 / 20 / 2025

Closing Date : 11 / 30 / 2025 11 : 59 PM Pacific

FLSA : Exempt

Bargaining Unit : UM2

The Position

  • Filing Period Extended

The filing deadline has been extended

Candidates that previously applied to this recruitment do not need to reapply

The City of Oakland is an equal opportunity employer that values workforce diversity, inclusion, and equity. Oakland has a long history of activism around issues of justice and equity. Both oppression and this resistance to oppression have shaped the city's historical roots and the lives of its residents to this day. As public servants in one of the most diverse cities in the nation, we strive to develop employees who understand the harm and impacts of systemic inequity to create lasting, meaningful outcomes for everyone. Oakland strives to establish an environment that embraces the richness of culture, community, and individualism of employees.

The Finance Department provides quality government financial services to the City of Oakland. We manage the City's financial affairs with the highest degree of customer service, honesty, and integrity. We value teamwork, trust, accountability, and fiscal responsibility.

The Treasury Bureau is one of the six bureaus within the Finance Department. Treasury is responsible for Cash and Investment Management, Debt Management for the City and Successor Agency, and administration of all City Retirement Systems. Debt management includes the issuance of new debt, maintaining and restructuring debt, and managing day to day investment portfolios. City debt issuances include general obligation debt for infrastructure and affordable housing, master lease agreements for equipment and vehicles, revenue bonds, and pension obligation bonds. The mission of the Treasury Bureau is to promote the conditions for fiscal prosperity and stability in Oakland.

The City of Oakland is currently recruiting to fill one (1) Principal Financial Analyst (Selective Certification - Municipal Debt) vacancy within Finance's Treasury Bureau.

This position supervises and oversees Municipal Debt functions and staff; initiates and coordinates bond transactions; creates, manages, and amends City Debt and Swap Policy; evaluates fiscal and credit impacts of proposed financings by various investment banks; optimizes the City's credit ratings; manages debt portfolio including monitoring bonds for refunding opportunities; maintains compliance with regulatory agencies; and reviews and performs sensitivity analysis to determine the best financing alternative for the City.

We are looking for someone who is :

  • Experienced in municipal debt financing. You have worked in a public finance institution or the finance department of a municipality, with experience specific to debt issuance and management.
  • An excellent communicator. You will regularly interact with various departments and external consultants, conveying information that is accurate, clear, and concise.
  • A proven leader. You are a role model and encourage others to accomplish goals and reach their full potential.
  • An analytical and strategic thinker. You will be expected to develop and present meaningful conclusions after accessing and compiling information, facts, and data, and able to excel at problem-solving, decision-making, and developing action plans to achieve Treasury goals.
  • A skilled multi-tasker who works well under pressure. You can manage multiple priorities while meeting deadlines and have a reputation for handling stressful situations effortlessly.
  • A team player. You are a strong collaborator skilled at building meaningful connections across various departments and divisions, at all levels of the organization. In addition, you will need to display a strong commitment to working cohesively with Treasury's high-performing team.
  • A strong writer. You will write staff memos, procedures, policy, and reports, both for internal and external consumption. It is important that you write clearly, compellingly, and in plain language with correct spelling and grammar to effectively convey information.
  • What you will typically be responsible for :

  • Managing a debt portfolio of $1.5 billion including new issuance and refunding of outstanding debt.
  • Managing post compliance related to debt issuance, such as continuing disclosure, debt service, etc.
  • Preparing and evaluating requests for proposals, reports, policies and procedures.
  • Spearheading bond issuance transactions, from putting the finance team together to closing the transaction.
  • Evaluating the fiscal and credit impact of financings to the City proposed by various investment banks.
  • Performing sensitivity and cash flow analysis to determine the best method of financing.
  • Preparing annual tax levy to the County.
  • Managing and supervising Treasury staff.
  • Read the complete job description by clicking on the link below.

  • Click on the link below to see a video on what it's like to work for the City of Oakland!
  • A few reasons you might love this job :

  • You will be part of a dynamic, passionate team that values collaboration and fosters a supportive environment.
  • You will experience a sense of satisfaction of serving the City residents as a public servant.
  • You will feel rewarded by seeing projects completed with bond issuance.
  • You will have excellent learning opportunities to grow and advance your Treasury functions that will enhance your skills and career.
  • A few challenges you might face in this job :

  • Understanding all the City's debt and requirements.
  • Fast-paced environment with multiple deadlines.
  • Learning curve to organization policy and procedures.
  • Competencies Required :

    Action & Results Focused (Taking Initiative) : Initiating tasks and focusing on accomplishment

    Attention to Detail : Focusing on the details of work content, work steps, and final work products

    Building & Maintaining Relationships : Establishing rapport and maintaining mutually productive relationships

    Critical Thinking : Analytically and logically evaluating information, propositions, and claims

    Handling Stress : Maintaining emotional stability and self-control under pressure, challenge, or adversity

    Innovative Problem Solving : Identifying and analyzing problems in order to propose new and better ways of doing things

    Leadership : Guiding and encouraging others to accomplish a common goal

    Legal & Regulatory Navigation : Understanding, interpreting, and ensuring compliance with laws and regulations

    Professional & Technical Expertise : Applying technical subject matter to the job

    Professional Integrity & Ethics : Displaying honesty, adherence to principles, and personal accountability

    Project Management : Ensuring that projects are on-time, on-budget, and achieve their objectives

    Reading Comprehension : Understanding and using written information

    Teamwork : Collaborating with others to achieve shared goals

    Using Technology : Working with electronic hardware and software applications

    Writing : Communicating effectively in writing

    Minimum Requirements for Application

    This recruitment will produce two eligible lists. The restricted list will be for full-time, permanent part-time, or part-time City and Port of Oakland employees who maintain employment for the duration of the recruitment and pass all stages of the recruitment process. The open list will be for all other applicants who pass all stages of the recruitment process.

    Selective Certification (Municipal Debt)

    This recruitment is being announced in accordance with Section 5.03 of the Civil Service Rules. The eligible list generated from this announcement will only be used to fill Principal Financial Analyst positions specialized in Municipal Debt, including full-time and permanent part-time positions, if applicable, and may be used to fill future vacancies with the same Selective Certification.

    Any combination of education and experience that is equivalent to the following minimum qualifications is acceptable.

    For Selectively Certified Principal Financial Analyst (Municipal Debt) :

    Education :

    A Bachelor's degree from an accredited college or university in business or public administration, economics, finance, accounting or closely related field.

    Experience :

    5 years of computerized debt issuance analysis and management including one year supervisory role. Experience must be in a public finance institution or finance department of a municipality.

    Other requirements :

    Experience using DBC Finance to conduct analytics is highly desirable.

    Desirable Qualifications :

  • Experience in municipal finance, credit analysis, capital markets, or public policy
  • Experience with EIFD (Enhanced Infrastructure Financing District) financing
  • Supplemental Information

    The Recruitment Process :

    The City of Oakland works with a Civil Service system. Applicants apply online, and HR staff reviews their experience, education, and training listed on the application against the "minimum qualifications" listed for each position.

    Candidates who demonstrate that they meet the minimum qualification requirements are then invited to participate in an assessment process (or testing) to measure their knowledge, skills, and abilities in job-related areas.

    Candidates who do not demonstrate that they meet the minimum qualification requirements will have an opportunity to request a final review. Candidates must request a final review within 5 business days of being notified that they did not meet the minimum qualifications.

    In the final review, candidates may clarify information already provided on their application. No additional work history, education, or certifications will be accepted. Any decisions made during this review process will be final.

    For this recruitment, all qualified applicants will be sent a writing exercise (weighted 100%), which will then be evaluated and rated by subject matter experts. The tentative date that the writing exercise will be sent to you for completion is the week of December 8, 2025.

    Candidates who pass each stage in the process will be placed on an eligible list. Some candidates may receive extra points, for example, if you are a Veteran with an honorable discharge, or if you are a current City of Oakland resident. If you're applying to a "restricted" posting and you are eligible as a current City employee, you may also receive additional points for your City service. Extra points are only applied to passing scores, so if you do not pass every element of the testing process, you cannot use extra points to pass.

    The City of Oakland reserves the right to modify the selection process and date of examination as necessary to conform to administrative or business necessity. The information contained in this announcement is subject to change and does not constitute either an expressed or implied contract.

    What's in it for you?

  • Work / Life Balance : 37.5 hour work weeks, and hybrid per City telecommuting policy
  • 15 paid holidays
  • Vacation : 2 weeks per year minimum with the ability to accrue more depending on public sector years of service
  • Retirement : CalPERS (California Public Employees' Retirement System) with a pension formula of 2.5% @ 55 (for Classic CalPERS members) and 2% @ 62 for new CalPERS members. Classic Employees contribute 8% of pre-tax wages. The City of Oakland does not participate in Social Security
  • Health : The City of Oakland pays the full cost of employee and eligible dependent coverage at the Kaiser rate. Other plans include Anthem, Blue Shield, United Health Care, and other HMO and PPO plans
  • Dental : Delta Dental full premium for employees and eligible dependents
  • Vision : VSP full premium for employees and eligible dependents
  • Sick leave : Employees accrue 12 days per year
  • Deferred Compensation : 457(b) pre-tax plan and an after-tax ROTH 401(k)plan
  • Other benefits include a Flexible Spending Account, Wellness Program, Employee Assistance Program, Tuition Reimbursement, Life Insurance up to $200k & Employee Training.
  • Benefits described herein do not represent a contract and may be changed without notice. Additional information can be found here :
  • Applicants are required to submit criminal history information upon request after receiving a conditional offer of employment. If the requested information is not furnished in a timely manner, applicants will not qualify for further consideration and will be removed from the eligible list.

    Disaster Service Workers

    All employees are designated Disaster Service Workers through state and local law. Employees are required to complete all Disaster Service Worker-related training as assigned and to return to work as ordered in the event of an emergency.

    How to Apply

    Apply prior to the closing time of the job announcement and allow at least two to three hours to submit your application if you are a new user of the system. APPLICATIONS ARE ACCEPTED ONLINE ONLY. You may apply and view current openings by visiting our employment opportunities webpage at :

    If you do not have access to a computer, there are computer stations available at any City of Oakland Public Library. There are also workstations at the Human Resources Management Department, 150 Frank H. Ogawa Plaza, 2nd Floor, Oakland, CA 94612. Workstations are available during regular business hours (normally 10 : 00 a.m. to 4 : 00 p.m.).

    Our online application system is provided by GovernmentJobs. If you have problems while applying online, please contact GovernmentJobs Live Applicant Support at (855) 524-5627 between 6 : 00 AM and 5 : 00 PM Pacific Time, Monday - Friday. You may also call the City of Oakland Human Resources Management Department during regular business hours at (510) 238-3112 for information; however, we are unable to provide technical support for the online application system. For recruitment-specific questions, please contact Cynthia Ng, Senior Human Resource Analyst, at

    The City of Oakland is committed to the wellbeing of its employees and offers comprehensive health and wellness services along with an array of other benefits for most positions. Benefits may include

  • CalPERS Medical
  • Dental
  • Vision
  • Medical Waiver Plan - Cash-In-Lieu
  • Flexible Spending Accounts
  • Commuter Benefits
  • Group & Supplemental Life Insurance
  • Employee Assistance Program (EAP)
  • Guaranteed Ride Home (GRH)
  • Pension Benefits
  • Deferred Compensation
  • Specific benefits may vary depending on the assigned specific bargaining unit. Information regarding most benefits can be reviewed here : Current MOUs may be reviewed here :
  • 01

    Please be sure to answer the supplemental questions thoroughly and accurately. Applicants are responsible for clearly, completely, and accurately identifying their qualifications. Responses to the supplemental questions may determine your application status. By answering "yes" to this question, I certify that I have read and understand the statement above concerning submission of supplemental question responses.

  • Yes
  • No
  • 02

    This recruitment will produce two eligible lists. The restricted list will be for full-time, permanent part-time, or part-time City employees who maintain employment for the duration of the recruitment and pass all stages of the recruitment process. The open list will be for all other applicants who pass all stages of the recruitment process. Are you a current full-time, permanent part-time, or part-time City of Oakland or Port of Oakland employee?

  • I am a current full-time City or Port of Oakland employee
  • I am a current permanent part-time City or Port of Oakland employee
  • I am a current part-time City of Port of Oakland employee
  • I am not a current City or Port of Oakland employee
  • 03

    If you are a current City or Port of Oakland employee, what is your job title and employee ID number? If you are not a City or Port employee, type "N / A".

    04

    Have you previously been employed by the City of Oakland?

  • Yes
  • No
  • 05

    If you have previously been employed by the City of Oakland, please enter any other names used while you were employed by the City of Oakland below. If you have not been employed by the City of Oakland, type "N / A".

    06

    If you have previously been employed by the City of Oakland, please enter the dates and titles of the jobs you previously held at the City of Oakland below. If not applicable, type "N / A".

    07

    Do you confirm that the address on your application matches your current residency? If it does not, please enter your current address below.

    08

    If you indicated that you have attained a Bachelor's degree or above, please list the field of study (major) in each degree attained. (for example : BA degree - Environmental Science & MA degree - Business Administration) If this doesn't apply, type "N / A".

    09

    Which of the following best describes your highest educational achievement?

  • High school diploma or equivalent
  • Some college credits
  • Associate's degree
  • Bachelor's degree
  • Master's degree
  • Doctorate degree
  • Other
  • 10

    If you indicated your highest educational achievement is "Some college credits", how many units of college level courework have you completed?

  • 1-14 semester / 1-21 quarter units
  • 15-29 semester / 22-44 quarter units
  • 30-59 semester / 45-89 quarter units
  • 60-89 semester / 90-134 quarter units
  • 90+ semester / 135+ quarter units
  • N / A
  • 11

    Experience must be in a public finance institution or finance department of a municipality. Please state the name of the public finance institution or municipal finance department where you gained this experience.

    12

    How many years of experience do you have in computerized debt issuance analysis and management within a public finance institution or the finance department of a municipality?

  • I possess 9 or more years of experience as described
  • I possess 8 or more years, but less than 9 years, of experience as described
  • I possess 7 or more years, but less than 8 years, of experience as described
  • I possess 6 or more years, but less than 7 years, of experience as described
  • I possess 5 or more years, but less than 6 years, of experience as described
  • I possess 4 or more years, but less than 5 years, of experience as described
  • I possess 3 or more years, but less than 4 years, of experience as described
  • I possess 2 or more years, but less than 3 years, of experience as described
  • I possess 1 year, but less than 2 years, of experience as described
  • I possess less than 1 year of experience as described
  • I do not possess any experience as described
  • 13

    How many years of supervisory experience do you have in computerized debt issuance analysis and management within a public finance institution or the finance department of a municipality?

  • I possess 3 or more years of supervisory experience as described
  • I possess 2 or more years, but less than 3 years, of supervisory experience as described
  • I possess 1 or more year, but less than 2 years, of supervisory experience as described
  • I possess less than 1 year of supervisory experience as described
  • I do not possess any supervisory experience as described
  • 14

    Please clearly and thoroughly state your experience in computerized debt issuance analysis and management within a public finance institution or the finance department of a municipality. Include your experience in a supervisory role. If you do not have this experience, type "N / A".Do not enter "See resume / application" as a response.

    15

    Experience using DBC Finance to conduct analytics is highly desirable. Do you have this experience?

  • Yes
  • No
  • 16

    Acting assignments : If you have served in an Acting assignment that you would like considered as experience towards the minimum qualifications requirement, please list the Acting assignment(s) separately in the "Work experience" section of your application. For each Acting assignment, the description must include the Acting job title (use the word Acting as part of the job title), dates and hours served, and duties performed.I understand the above statement and will list any Acting assignments separately in the "Work experience" section of my application form.

  • Yes
  • No
  • 17

    Answers to the above supplemental questions MUST be supported by information contained in the "Education" and "Work Experience" sections of this application. Answers not supported by information contained in the "Education" and "Work Experience" sections of this application will NOT be considered. Resumes and cover letters will not be reviewed. I have read and understand this statement.

  • Yes
  • No
  • Required Question

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