Senior Principal, Treasury

Description

• Ensure full legal and regulatory compliance for all SRF-related financings, including documentation of public support and establishment of required reserve accounts.
• Lead the end-to-end execution of regulated state financings under the State Revolving Fund (SRF) program, ensuring alignment with American Water’s strategic goals and regulatory standards.
• Manage quarterly and annual compliance activities for all state debt across the American Water system, ensuring consistent execution and reporting.
• Safeguard American Water’s (including American Water Capital Corporation (AWCC) and operating subsidiaries) debt structure by reviewing new loan documents for any conflicting covenants or provisions.
• Oversee all documentation related to state subsidiary financing, including credit agreements, bond schedules, and interest rate negotiations.
• Provide treasury expertise in regulatory proceedings, including rate cases and financing petitions, to support efficient and effective compliance.
• Evaluate program objectives, assessing environmental and public health needs, and setting financing and programmatic goals for the SRF.
• Assess the financial capacity of state subsidiary applicants to cover loan repayment and debt service, a critical step in the loan approval process.
• Track, manage, and report financial and administrative data tied to capitalization grants and loan awards to ensure transparency and accountability.
• Partner with State Finance and Legal teams to lead the full lifecycle of new state debt issuance—from business planning through regulatory approval and closing—while adhering to American Water’s Financing Policy and Regulated Utility Financing Practice.
• Support negotiations with regulators and government agencies to secure approvals and favorable financing terms

Requirements

• In-dept knowledge of the regulated utility capitalization model and the regulatory approval process for long-term financing.
• Masters in Business Administration (MBA) preferred.
• Bachelor's Degree in finance or accounting.
• Management experience required.
• In-depth knowledge of debt financing to include redemption and refinancing analytics, bonds, convertible bonds, preferred stock, and interest rate risk management.
• In-dept knowledge of state subsidized financing products.
• At least 15 years finance, including treasury and rates roles.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance