SENIOR FINANCIAL ANALYST - DEBT & TREASURY

Salary: $87,528.00 - $148,368.00 Annually
Location : City Hall 3900 Main Street, Riverside, CA
Job Type: Full-time
Job Number: 26-8303-01
Department: Finance
Division: FINANCE-DEBT AND TREASURY
Opening Date: 10/22/2026
Closing Date: 11/8/2026 11:59 PM Pacific

The Position
The City of Riverside, Finance Department, is accepting applications for the position of Senior Financial Analyst to fill one (1) vacancy in the Debt & Treasury Division. The eligibility list established may be used to fill the current and/or upcoming vacancies within this classification for up to six (6) months.

Under general supervision, this position performs advanced professional-level analytical and operational work related to municipal debt administration, treasury management, special district administration, investment management, financial reporting, compliance monitoring/reporting, and capital financing activities within the Finance Department.

For positions indicating a salary range from 1N - 2X, the top 15% of the pay range cannot be offered upon hire or upon an employee promotion.

Work Performed
Typical duties may include, but are not limited to, the following:

Debt Administration & Capital Financing:

• Assist in maintaining debt management systems, and financing databases
• Prepare complex debt service schedules, payment reconciliations including payment verification, and refunding evaluations
• Assist in tracking debt proceeds and capital project expenditures
• Coordinate debt allocation methodologies, records and budgeting
• Monitor debt covenant compliance documentation
• Assists with the maintenance of the Investor Relations webpage
• Assists with Tax Equity and Fiscal Responsibility Act (TEFRA) proceed tracking

Financing Transactions:

• Assist in coordinating debt issuance and refinancing transactions
• Review financing models, and cash flow projections
• Assist with Official Statement preparation
• Assist with preparing rating agency presentation materials
• Coordinate assigned components and data requests for information from City Departments for Legal Documents, including managing associated deadlines.

Debt Compliance & Reporting

• Prepare and coordinate continuing disclosure report filings with regulatory bodies
• Assist with California Debt Investment Advisory Commission (CDIAC) and Municipal Securities Rule Board (MSRB) reporting requirements
• Support post-issuance compliance activities
• Monitor debt convents and compliance calendars for reporting schedules
• Review arbitrage and rebate monitoring, summarize for management.
• Assist with periodic rating surveillance monitoring and associated disclosures.

Special District Administration

• Support Community Facilities District (CFD) administration activities and annual levy process
• Support New CFD formation review
• Support Assessment District administration activities and annual levy process
• Assist with annual levy budgeting, and reporting requirements

Treasury Operations and Investments:

• Prepare Debt, Investments, Cash Flow Reports, liquidity and or portfolio summaries
• Monitor Cash balances, liquidity reports, and coordinate rebalancing with Treasury leads
• Assist with cash forecasting activities
• Reconcile investment and liquidity transactions
• Support treasury process improvements

This is a modified version of the Senior Financial Analyst job description to define the needs for the current recruitment. To view the full job description please clickHERE.
Qualifications
Education:

Bachelor's degree from an accredited college or university with major course work in finance, accounting, business, economics or public administration or a closely related field.

Experience:

Five or more years of experience in any of the following categories, including one year of experience leading/supervising staff.

• Public Sector: treasury, investments, municipal debt administration, special district administration, or municipal finance
• Private Sector: banking administration or custodian operations, treasury, investments, cash flow forecasting or debt administration, preferably with fixed income debt obligations
• Experience supporting bond issuances or compliance activities at a municipal advisor, rating agency or corporate issuer, or investor relations

Selection Process
DOCUMENTS REQUIRED AT THE TIME OF APPLICATION:
1) Completed Employment Application
2) Completed Supplemental Questionnaire
FOR GENERAL INFORMATION ON COMPLETING YOUR ON-LINE APPLICATION, CLICK HERE: (Application Guide).

The selection process will begin with an employment application package screening, with the best qualified candidates being invited to participate further in the assessment process. This process may include any combination of written, performance, and oral assessments to evaluate job-related education, experience, knowledge, skills, and abilities. Those who successfully complete the selection process will be placed on the eligibility list for this classification.

The City of Riverside does not provide sponsorship for employment-based work visas. Candidates must be legally authorized to work permanently in the United States without the need for visa sponsorship now or in the future.

An exception may be made if the selected candidate is eligible to work in the United States as a

IMPORTANT INFORMATION ON SCHEDULING ASSESSMENTS:

If you are selected to move forward in the assessment process, you may be required to self-schedule your appointment. You will be notified via email of your status and provided with self-scheduling instructions. Please check your email regularly following the closing date of this recruitment.

Positions that require, or may require, a California Commercial Driver's License are considered Safety Sensitive and are monitored by the U.S. Department of Transportation. Any candidate being considered for a Safety Sensitive position must submit authorization forms to the City immediately upon request to begin the pre-employment process.

It is the responsibility of candidates with a disability requiring accommodation in the assessment process to contact the Human Resources Department in writing to request such accommodation prior to the closing date of this recruitment.

Appointment may be subject to the successful completion of a pre-employment background investigation, drug screen, and/or medical/physical examination.

NOTE: The City reserves the right to modify selection devices and test instruments in accordance with accepted legal, ethical, and professional standards. Candidates may reapply when there is a posting to establish an eligibility list.

EDUCATIONAL REQUIREMENTS:

Proof of education listed in your application will be requested at the time of conditional offer. Acceptable documentation consists of transcripts or degree, if applicable, by the accredited U.S. college or university.

Education obtained outside the United States (US) require one of the following options:

1. An equivalency statement from an evaluation company certified by the National Association of Credential Evaluation Services (NACES) at Members - NACES or the Association of International Credential Evaluators Inc. (AICE) at http://aice-eval.org/members/.
2. An advanced-level degree from an accredited US college or university.

All applicants will be notified via e-mail or telephone of their application status and the assessment dates/times/locations after the closing date of this announcement.

THE PROVISIONS OF THIS JOB ANNOUNCEMENT DO NOT CONSTITUTE AN EXPRESSED OR IMPLIED CONTRACT.
Benefit Level II includes Senior Management, Management and Professional classifications (Exempt)

The City offers an attractive benefits package, the central provisions of which are as follows:

• Retirement for Classic Members - For employees hired after 1/1/2013 who are CLASSIC MEMBERS of California Public Employees' Retirement System (CalPERS) or a reciprocal agency as of 12/31/12 and have not been separated from service from such agency for six months or more, the retirement benefit shall be 2.7 % @ age 55; 3-year final compensation. The required employee contribution is 8%. The City does not participate in Social Security; thus, employees do not bear this additional 6.2% expense.
• Retirement for New Members - For employees hired 1/1/2013 or later and who ARE NOT a member of the California Public Employees' Retirement System (CalPERS) or a reciprocal agency as of 12/31/12, or those who have been separated from a public agency which contracts with CalPERS or a reciprocal agency for six months or more, the retirement benefit shall be 2% at age 62; 3 year final compensation. The required employee contribution is 50% of the normal cost. And is subject to change per CalPERS every fiscal year. The City does not participate in Social Security; thus, employees do not bear this additional 6.2% expense.
• Health Insurance - The City offers six health insurance plans and contributes up to $1,734 per month for HMO plans (family coverage).
• Dental Insurance - The City provides three dental insurance plans and contributes up to $85 per month.
• Vision Insurance - The City provides vision coverage through Vision Service Plan (VSP) for employees and their dependents that are enrolled in medical coverage.
• Life Insurance - The City provides and pays for term life insurance with accidental death and dismemberment equal to two times the annual salary rounded to the next highest $1,000 (up to $700k) plus AD&D. Additional Life Insurance is available and voluntary for employee and eligible dependents (up to $300k).
• Deferred Compensation - The City will contribute the following amounts per month, with a minimum employee contribution of $12.50 per check:
  
  • Management and Professional Units: $150/month
  • Senior Management Unit: $175/month
• Leave Benefits - Includes vacation leave, sick leave, bereavement leave, and holiday benefits. Please refer to the Fringe Benefits and Salary Plan for specific details.
• Flexible Spending Account - The City offers a Health Care and Dependent Care Flexible Spending Plan for optional participation.
• Long Term Disability - The City offers optional enrollment in the Long-Term Disability Plan.
• LegalEase Plan - Optional legal services plan for employees and eligible dependents.
• Critical Illness Plan - Optional critical illness insurance plan for employees and eligible dependents.
• Vacation Accrual - 0-9 yrs. = 144 hrs., 10+ yrs. = 184 hrs.
• Administrative Leave -
  
  • Management and Professional Units: 64 hrs. per fiscal year.
  • Senior Management Unit: 80 hrs. per fiscal year.

For additional benefits information, please visit the following website:

For part-time, benefitted positions the insurance and other benefits (leave accruals, holidays, etc.) are pro-rated based on ½ or ¾ time status.
01

Instructions: The information on the application and your responses to the following supplemental questions will be used to determine whether you meet the minimum and/or highly desirable qualifications for the position in which you are applying. Detailed responses must be provided for each question in order to ensure qualifications are properly considered.
(Do not refer to a resume in lieu of completing the supplemental questions).
Employers listed on this questionnaire must also be listed and fully detailed in the work experience section of your application.

• I understand.

02

Please indicate the highest level of education that you have completed.

• Less than a High School Diploma or GED
• High School diploma or GED
• Some college (up to 59 semester units or 89 quarter units)
• Associate's degree (60 semester or 90 quarter units)
• Bachelor's degree (120 semester or 180 quarter units)
• Master's degree
• PhD

03

Please indicate the amount of experience you possess in any of the following areas: Public Sector: treasury, investments, municipal debt administration, special district administration, or municipal finance;Private Sector: banking administration or custodian operations, treasury, investments, cash flow forecasting or debt administration, preferably with fixed income debt obligations;Experience supporting bond issuances or compliance activities at a municipal advisor, rating agency or corporate issuer, or investor relations.

• Less than 5 years
• 5 years, or more

04

How much of your work experience has been in a lead or supervisory role?

• Less than 1 year
• 1 year, or more

05

Which of the following best describes your professional experience in debt administration, treasury, investments, banking, or capital markets? (Select one.)

• My experience is primarily in general accounting, budgeting, or administrative support, with limited direct involvement in these areas.
• I have supported debt, treasury, investment, banking, or capital markets activities, primarily through data collection, reconciliations, or routine reporting.
• I have independently prepared financial analyses, reports, forecasts, or compliance-related work products in one or more of these areas.
• I have independently performed complex financial analyses, coordinated major deliverables, and served as a lead analyst on debt, treasury, investment, banking, or capital markets projects.