The Virginia Department of the Treasury is dedicated to serving the Commonwealth by providing excellent financial management and outstanding customer service. The Virginia Department of the Treasury’s Cash Management & Investments (CMI) Division is seeking a qualified Credit Analyst to provide additional safeguards for the Commonwealth of Virginia funds. The Credit Analyst will be responsible for evaluating, approving and monitoring credit exposure for the General Accounts, LGIP portfolios, SEC lending portfolios and others, as needed. The incumbent in this position will also be required to provide support to the Investment Division in accomplishing the daily goals and objectives.
Responsibilities include, but are not limited to, monitoring and reviewing daily credit updates from rating agencies, maintaining credit files and approved lists, recommending investment actions when necessitated by credit considerations, producing reports as needed, preparing daily wire transfer as needed, and reviewing security holdings for compliance with the investment guidelines and relevant code sections.
The selected candidate will need to possess the following qualifications:
• Knowledge of corporate and/or financial institution credit analysis, securities and finance.
• Advanced skills in Excel and PowerPoint. Proficiency in Access and MSWord.
• Ability to accurately communicate verbally and in writing and lead committee meetings with senior management. • Ability to analyze and think through problems, documenting results.
• Ability to work closely with others to achieve objectives and act in a professional manner.
The following qualifications are preferred: Master’s degree from an accredited university with a degree in finance or business related field, CPA, or CFA. Extensive experience in an institutional finance position with exposure to credit analysis is also preferred.