Continuing Disclosure Specialist - First National Bank of Omaha
Minneapolis, MN
About the Job
At Northland, our employees are the heart of our story-and we're committed to their success! Please see below the details of this career opportunity and how it fits into our organization's success. Our Modern, Flexible Workplace: We believe in a Modern, Flexible Workplace, and we are continuously exploring advancements in technology and office environments to make it easier to work from anywhere at any time, allowing for more flexibility in where and how you work. We know that choice and flexibility are important to you. We also recognize that flexible and remote positions can become opportunities for military partners, caregivers, and individuals with disabilities to thrive at our company. We invite you to consider what a Modern, Flexible Workplace can mean for you! It is anticipated that an incumbent in this role will work onsite for three (3) or more days a week and will have a dedicated workspace when working onsite. Work location is subject to change based on business needs. Summary of the Job: The Continuing Disclosure Specialist assists with Continuing Disclosure (CD) services provided by the Public Finance Department, including researching and preparing financial disclosure reports and completing regulatory filings on behalf of governmental issuers. Additionally, this position is responsible for: communicating with clients to prepare the required information, meeting deadlines and answering questions; and maintaining the Master CD Database containing all aspects of annual reporting for every issue for all department CD clients. This position also interacts internally with salespeople and the underwriting and trading areas, and externally with bond counsel and governmental clients, including cities, counties, school districts and other public entities. About This Role: Continuing Disclosure Initiate contact with client and related governmental entities and officials. Act as a resource to clients for continuing disclosure-related items on an ongoing basis to explain nuances of disclosure clearly and effectively to municipal officials and other government contacts. Field direct client questions via email and phone from continuing disclosure clients and provide clear and concise answers. Request, collect, organize, analyze, and compile data from respective counties, cities, schools, agencies, issuers, and various websites. Collaborate with governmental entities to ensure that all data is consistent, correct and received in a timely manner. Create disclosure documents that report and represent the financial and operating data of the governmental entity for disclosure to the MSRB's Electronic Municipal Market Access (EMMA) website, prospective investors and underwriters. Calculate/update municipality's debt, market value, statutory debt limit, population/sales ratios and other critical ratios. Ensure that all completed reports are in accordance with continuing disclosure obligations and MSRB/FINRA requirements and are posted in advance of the regulatory deadlines. Complete separate disclosure reports related to various types of revenue debt (water, sewer, electric, sales tax, etc.). Accurately represent coverage ratios and work closely with issuers to ensure steps are taken to maintain the required ratios, meet reserve requirements and other bond covenants. Ensure that new issues are accurately added to Master CD Database and maintain the Database as a resource for tracking all new and existing clients and issues, reporting deadlines, status of annual report preparation, contract status, and billing details. Review and update client's disclosure history to ensure compliance prior to release of the Preliminary Official Statements for the pricing of new issues. Produce client contracts, invoices, and other correspondence related to continuing disclosure filings Communicate any new debt to analysts to ensure consistency and accuracy in issuer representation in new issue documents, such as Official Statements. Develop and maint in databases on the Moody's and S&P Capital IQ websites used for tracking rating changes. Monitor for any of the 16 material events and prepare notices to file on the EMMA website as needed. Prepare supplemental information and material event notices on MSRB's EMMA website; prepare missing or incomplete information from previous reporting deadlines prior to release of the Preliminary Official Statement for the pricing of a new issue. Review new deal forms and Preliminary Official Statements to ensure continuing disclosure deadlines align with the information presented in the Official Statement. Maintain issuer files. Update with relevant information as needed to organize for efficient and accurate preparation of future documents. Public Finance Department Support Prepare invoices in corporate accounting software for consulting and continuing disclosure services. Process payments received by either check or wire in accounting software, and record payments allocated to bankers in Salesforce software. Provide information and support to Public Finance professionals, issuers, accountants, attorneys and other departmental professionals as needed on an ongoing basis. Keep management apprised of impending problems or issues. Review, revise, and update job procedures in keeping with new regulations or policies. The Ideal Candidate for This Role: Required Qualifications include Bachelor or Associates degree or two years of related work experience Ability to understand and comply with FINRA, MSRB, SEC rules and regulations, and Company policies and procedures. Outstanding written and verbal communication and customer service skills. Critical organizational and analytical skills, high level of attention to detail, and strong time management skills Ability to interface with a variety of professionals to accomplish tasks. High degree of initiative, problem-solving ability, flexibility, and ability to manage multiple tasks, while meeting all critical deadlines. Proficient in working independently, managing both long- and short-term deadlines. Effectively communicate and collaborate with department staff. Strong logic and computer skills (including Word and Excel). Compensation and Benefits Overview: We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs: Medical, Dental, Vision Insurance 401k, With Matching Contributions Time Off Programs Health Savings Account (HSA)/Dependent Care Employee Banking Growth Opportunities Tuition Assistance Short-Term/Long-Term Disability Insurance Learn more about our benefits here: https://www.fnbo.com/careers/benefits/. To obtain compensation and benefit information related to this specific role, e-mail First National at TAGAdmin@fnni.com. To ensure you receive a response, include the number of this job (listed below) in the subject line of your message. Job number: R-20241013 Equity, Diversity, & Inclusion: We are committed to belonging, inclusion, diversity and equity. We are committed to intentionally and proactively creating pathways to success for historically underrepresented populations. To accomplish this, we foster a culture of belonging and inclusion so that every employee is valued, and has opportunity and the ability to make an impact. We strive to reflect the diversity of the communities we serve in the makeup of our workforce. See the full Equity, Diversity, & Inclusion Statementhere All qualified applicants will receive consideration for employment without... For full info follow application link. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.
Source : First National Bank of Omaha