IrvingRecruiter
the smart solution for Irving jobs

Director of Capital Markets and Compliance

Company: Christus Health
Location: Irving
Posted on: February 15, 2019

Job Description:

Description
Reports directly to the Vice President, Cash, Investments and Debt Financing. Responsible for providing leadership, direction, and regulatory adherence of CHRISTUS Health's debt portfolio, which includes:

(1) $1.6 billion debt outstanding in the public capital markets, structure, and execution of new debt

(2) $912 million notional swap portfolio,

(3) $150 million operating line of credit

(4) Equipment lease portfolio

(5) Other direct debt incurred by the system.

Also responsible for CHRISTUS Debt compliance program for public and private debt. This position collaborates with hospital finance and accounting to track private use throughout the system; collaborates with internal stakeholders at all levels, including our senior executive team, investment bankers, external and internal counsel and rating agencies.

Included in these responsibilities are:

(1) All bond & swap related cash payments

(2) Development and implementation of processes across regions to ensure CHRISTUS compliance with debt covenants, IRS regulations and any reporting required.
MAJOR RESPONSIBILITIES

Related to Leadership and Management:

Provide leadership for the selection, training, development, and performance outcomes of the Associates in the areas of responsibility.
Enhance the work environment to ensure Associate engagement and satisfaction.
Place high focus on process improvement and development of direct reports.

Promote personal and team accountability for all job functions within areas of responsibility. Resolve or facilitate the resolution of issues and concerns that create barriers to a high performing team and work environment.Works with region's senior management to ensure appropriate tracking of bond financed assets and appropriate use of these assets. If not managed appropriately, CHRISTUS is subject to IRS penalties and inability to access the tax-free municipal markets.
Related to Capital Markets:

Under the supervision of the VP, Cash, Investments, and Debt Financing,

Maintain relationships with bankers in industry to ensure knowledge of all available debt products.
Thorough knowledge of existing legal documents connected to the portfolio and participation in drafting and negotiating future legal documents connected to the portfolio.
Maintain knowledge of issues within the industry by monitoring publications related to potential regulatory changes for bond or swap instruments. Monitor agreement partners for impact to the Bond & Swap portfolio.
Perform special projects as requested by Vice President, Cash, Investments and Debt Financing.
Manage the process to distribute bond project funds and monitor bond-funded assets to ensure compliance with tax laws.
Coordinate the collection of necessary information for future bond offerings and current issued bonds
Work closely with underwriter's counsel, bond counsels, and borrower's counsel regarding new issuances and ongoing reporting and tax compliance.
In collaboration with the System Director Investments, review reporting related to fixed-payor and basis swaps, monitor trading rates report showing pricing of variable rate securities and initiate discussions potential modifications or additions to swap portfolio or variable rate debt portfolio. Monitor investment of unspent bond funds.
During public financings and in collaboration with the System Director Investments, recommend capital structure and coordinate execution of capital structure with investment bankers. Coordinate the preparation of the rating agency report collaborating with appropriate executives within the corporate office and across the system.

Related to Compliance Reporting:

Under the supervision of the VP, Cash, Investments and Debt Financing, Manage bond compliance and private use issues, ensuring compliance with tax and SEC laws and disclosure agreements including the following:

Works closely with legal to ensure appropriate contracts include language that exempts contracts from private use issues.
Develop and execute training for system finance and legal professionals to ensure compliance with bond and other debt agreement covenants
Responsible for the completion of Schedule K, Form 990 for CHI and affiliates
Develop and maintain database to monitor bond continuing disclosure agreements, insurance and bank agreement covenants and other requirements to ensure timely and accurate reporting and filing of information required to be filed public
Responsible for ensuring credit support agreements are current.
Manage the external annual audit process with respect to compliance ratios to ensure all work papers are prepared and reviewed in accordance with the audit timeline.



Requirements
A. Education/Skills

Bachelor degree in Accounting, Business or Finance.
MBA in Finance or equivalent experience
Proficient in Microsoft Office products required, including Power Point, Excel, Word and Access.
Extensive knowledge of GAAP and other applicable regulatory rules, regulations & legislation as related to accounting functions.
Excellent written and verbal communication skills; ability to communicate with all levels of personnel in a large organization.
Ability to assess complicated legal documents.
Excellent organizational skills.

B. Education/Skills

Bachelor degree in Accounting, Business or Finance
MBA in Finance or equivalent experience
Proficient in Microsoft Office products required, including PowerPoint, Excel, Word and Access
Extensive knowledge of GAAP and other applicable regulatory rules, regulations & legislation as related to accounting functions
Excellent written and verbal communication skills; ability to communicate with all levels of personnel in a large organization
Ability to assess complicated legal documents
Excellent organizational skills
Deadline-oriented and ability to multi-task

C. Experience

Five years or more capital markets experience at either an investment bank or an issuer.
2 to 3 years Debt Compliance experience
Experience working directly with the rating agency preferred
Demonstrated knowledge of accounting systems and ability to automate manual processes.
Demonstrated ability and experience in interacting with all levels of Management and other Associates.

D. Licenses, Registrations, or Certifications

CPA and/or CFA helpful, but not required

Keywords: Christus Health, Irving , Director of Capital Markets and Compliance, Executive , Irving, Texas

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Executive Jobs


PM&R & Pain Management-Dual certified physicians needed
Description: ezURS.com Inc. is seeking exceptional US Board Certified physicians to join our network of consultant reviewers. Our physician reviewers represent all specialties and sub-specialties. ezURs is URAC accredited (more...)
Company: ezURs
Location: Fort Worth
Posted on: 02/16/2019

Retail Operations Manager-New Store-Casa Linda Plaza - Store 1553
Description: The Retail Operations Manager ROM is responsible for leading through Ulta Beauty's mission, vision, and values in order to develop a high-performing team that consistently delivers top-line sales growth. (more...)
Company: Ulta Beauty
Location: Dallas
Posted on: 02/16/2019

Outside Sales/Route Sales Manager - Full Training
Description: Build a Great Career and a Great Life. Sales job title: Outside Sales/Route Sales Manager ----- Full Training Feel the freedom independence of managing your own protected route selling our National (more...)
Company: Mac Tools
Location: Richardson
Posted on: 02/16/2019


Technical Project Manager
Description: WHAT YOU'LL DOPartner with teams across the entire organization to understand their needs and distill those into actionable items.Work alongside engineers
Company: Lumiscent LLC
Location: Dallas
Posted on: 02/16/2019

Outside Sales/Route Sales Manager - Full Training
Description: Build a Great Career and a Great Life. Sales job title: Outside Sales/Route Sales Manager - Full Training Feel the freedom independence of managing your own protected route selling our National brands. (more...)
Company: Mac Tools
Location: Garland
Posted on: 02/16/2019

Senior Asset Manager
Description: About the Company: A dynamic, privately held real estate investment firm is expanding their portfolio and looking for an experienced,
Company: Kimmel & Associates
Location: Dallas
Posted on: 02/16/2019

Medical Affairs Manager, Prescription
Description: The Medical Affairs Manager serves as an internal scientific expert to support the business unit as representative for a specific Therapeutic area or product.This role acts as a medical affairs interface (more...)
Company: Galderma Laboratories
Location: Fort Worth
Posted on: 02/16/2019

Director, Claims
Description: Overview AmTrust Financial Services, a fast growing commercial insurance company, has an immediate need for a Complex Claims Director. Responsibilities Manage a team of 4-8 complex claim adjusters. (more...)
Company: AmTrust Financial Services, Inc.
Location: Dallas
Posted on: 02/16/2019

Associate Director, Risk Management
Description: br br Apply br br br OverviewSummary of Responsibilities: br br ul br li The VP Enterprise Risk Management will work within Enterprise Risk Management ERM and will be responsible (more...)
Company: Santander
Location: Dallas
Posted on: 02/16/2019

Assistant Vice President, Network Communications
Description: Position Summary: Assistant Vice President, Network Communications Education:Bachelor's degree or equivalent experience in business or computer science This position requires occasional travel, less than (more...)
Company: Prudent Technologies and Consulting
Location: Dallas
Posted on: 02/16/2019

Log In or Create An Account

Get the latest Texas jobs by following @recnetTX on Twitter!

Irving RSS job feeds