Location: White Plains, NY, US


The Treasurer is responsible for the safeguarding of the Authority’s financial assets and overseeing banking relationships, investment and portfolio management, debt management and capital market activity, rating agency relationships, derivative management, collateral management and cash management. The Treauser sets and monitors financial metrics to ensure the Authority maintains it’s strong credit rating and has ready access to the capital markets at the lowest cost of borrowing.

  • Manage overall operations of the Authority’s Treasury function which includes debt, derivative, investment, cash, collateral and liquidity management activities.
  • Develop and maintain relationships with the Investment Banking and Commercial Banking sectors to ensure the Authority has ready access to the capital markets to raise new capital, refinance existing debt, and secure adequate liquidity.
  • In collaboration with financial advisory community, develop financial strategies and financing structures that enable the Authority to maintain it’s strong credit ratings as well as support the Authority’s ambitious strategic objectives and investment in core transmission and generation assets.
  • Develop a financing program for the deployment of large scale renewables for the Authority’s largest customers to assist them in meeting New York State’s renewable manadate of 50% by 2030. Program would include consideration of off-balance sheet financing and structures that would minimize the Authority’s credit risk, while providing strategic expertise to our customers. 
  • Serve as the Authority’s liaison to the Credit Rating Agencies which evaluate and assign credit ratings on the Authority’s Senior and Subordinate obligations.
  • Develop and implement strategies to improve capital structure and maintain strong financial metrics
  • Responsible for leading the financial and credit strategy for planning and implementing an expanded product offering for the Authority’s customer energy solutions program including securitization products and third party lending relationships.
  • Oversee the investment of a $500 million externally managed trust fund across a diversified set of asset classes including domestic and international equity, domestic fixed income, money market and real estate, as well as overseeing the investment of a $1billion internally managed high grade fixed income portfolio.
  • Evaluate and recommend for appointment investment managers, brokers/dealers, investment banks, financial and swap advisors, liquidity providers and other consultants to support the Authority’s financial function.
  • Responsible for the general custody of all funds and securities of the Authority, the general supervision of the collection and disbursement of funds, and the safeguarding of the Authority’s financial assets.
  • Work with internal and external bond counsel to ensure compliance with investment policy mandates, bond indenture covenants, statutory and regulatory matters, continuing disclosure requirements, and tax regulations as they pertain to the issuance and maintenance of the Authority’s debt including but not limited to arbitrage and rebate analysis and private use analysis.
  • Provide consultative advise on financial matters to other interal stakeholders including legal, customer energy solutions, finance, accounting, risk and others.
Knowledge, Skills and Abilities
  • Extensive knowledge of the capital markets in finance and economics required in order to evaluate and recommend investment and capital market strategies.
  • Excellent written, oral communication and presentation skills in collaborating and working with varied stakeholders including internal and external legal counsel, financial advisors, senior management, business partners, banking community, credit rating agencies, etc.
  • Ability to adapt to shifting priorities, demands and timelines.
  • Ability to effectively develop and lead a team especially in a time change in the utility industry.
Education, Experience and Certifications
  • Bachelor’s Degree in Finance, economics or related discipline is required.
  • Master’s degree and/or a professional credential such as a Chartered Financial Analyst is preferred.
  • Minimum of 10 years experience in Treasury / Financial related field including a working knowledge of the capital markets and investment community.
  • Experience in public finance and project finance preferred
  • Working knowledge of energy industry preferred
  • Proven ability to effectively lead a team.
Physical Requirements


The New York Power Authority is an Equal Opportunity Employer                       

Nearest Major Market: White Plains
Nearest Secondary Market: New York City