The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller’s office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together.
The Bureau of Public Finance manages all aspects of City-related borrowing for the Comptroller’s Office with the mission to arrange for timely, cost-effective financing of the City’s capital program and, when appropriate, the refinancing of outstanding debt for savings. The Bureau promotes the City’s short-term and long-term financial health by establishing and enforcing fiscally responsible debt practices, monitoring the portfolio of outstanding bonds, and securing the lowest risk-appropriate borrowing cost on debt of the City and its affiliated entities.
Working with the Mayor’s Office of Management and Budget (OMB), and other external partners, the Public Finance Bureau determines and approves the timing, structures, terms, and conditions for City General Obligation (GO) bonds, as well as debt of the New York City Transitional Finance Authority (TFA) and New York City Municipal Water Finance Authority (NYW). The Bureau of Public Finance also reviews and approves debt issued by TSASC, Inc., Hudson Yards Infrastructure Corporation, the New York City Housing Development Corporation, Battery Park City Authority, the New York City Health and Hospitals Corporation, the New York City Educational Construction Fund, and the Trust for Cultural Resources of the City of New York.
The Public Finance Attorney within the Bureau of Public Finance will coordinate legal review and compliance for debt issuance, management, and approvals undertaken by the Office of Comptroller. Though reporting to the Deputy Comptroller for Public Finance, this position will be coordinating legal activities & review with OMB, the City Law Department, outside counsel, as well as the investment banks and municipal advisors who assist with the issuance and management of debt. Additionally, this position will coordinate legal review and compliance with internal parties within Office of General Counsel and the Bureaus of Asset Management, Accountancy, and Contract Administration.
Responsibilities include but are not limited to the following:
- Lead Legal Review of Transactions for NYC Issuers (GO, TFA, HYIC, TSASC, etc.)
- Variable Rate Debt & Derivatives: Manages all legal and contractual aspects of the City’s variable rate bond and derivatives program
- Provide Legal Expertise & Review for oversight of Related Issuers (HYIC, TSASC, BPCA, HDC, etc.)
- Legal Review of Public Finance Activities and Comptroller's Office Publications (Charter Mandated or Otherwise)
- Board Meeting Attendance/Participation/Governance
- Perform other related duties as may be required
AGENCY ATTORNEY - 30087
1. Admission to the New York State Bar; and either "2" or "3" below.
2. One year of satisfactory United States legal experience subsequent to admission to any state bar; or
3. Six months of satisfactory service as an Agency Attorney Interne (30086).
Incumbents must remain Members of the New York State Bar in good standing for the duration of this employment.
In addition to meeting the minimum Qualification Requirements:
To be assigned to Assignment Level (AL) II, candidates must have one year of experience at Assignment Level I or two years of comparable legal experience subsequent to admission to the bar, in the areas of law related to the assignment. To be assigned to AL III candidates must have two years of experience in Assignment Levels I and/or II or three years of comparable legal experience subsequent to admission to the bar, in the areas of law related to the assignment.
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
The City of New York is the most iconic and dynamic city on the planet. With a population of more than 8.4 million people, New York is not only the largest city in the United States — it is the academic, cultural, commercial, and financial capital of the world.
City government is filled with opportunities for talented individuals seeking to improve their communities and make a meaningful difference in the lives of their fellow New Yorkers. Every day, the City’s more than 300,000 employees improve infrastructure, provide vital social services, build technology, protect health and safety, and so much more. Join us today at: http://www1.nyc.gov/jobs
The City of New York offers its employees:
• A chance to build the future of this city. New York City government is at the crossroads of where policy, great ideas, city services, and smart urban planning meet the lives and needs of every day New Yorkers.
• Competitive salary and benefits. Hiring packages include a competitive salary, health benefits, various pension plans, employee assistance programs, and individual retirement accounts.
• Diverse career opportunities. As the largest local government in the United States with more than 40 agencies, the City of New York offers a broad spectrum of opportunities — from education, housing development, and public health to sustainability, economic growth, technology, and emergency management.
• Career Satisfaction. As a City employee, you will have the chance to shape the future of New York City and improve the quality of life for your family, neighbors, and fellow New Yorkers.
• Equal Opportunity and Inclusion. The City of New York is an equal opportunity employer that prohibits discriminatory action against City employees and applicants for employment based on their actual or perceived race, color, national origin, ethnicity alienage, citizenship status, gender, religion, creed and all other protected categories.
