Senior Principal, Treasury

Requisition ID :    109029

Share Our Purpose.  Be Yourself.  Feel Valued.

People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career.  Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals.

We are Beautifully Different . We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role!  Click here for more information on our inclusion, diversity, and equity journey.

About American Water

American Water (NYSE : AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

As one of the fastest growing utilities in the U.S., American Water expects to invest $40 to $42 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities.

American Water has been recognized on the 2023 Bloomberg Gender-Equality Index for the fifth consecutive year, ranked 18th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s WaterSense® Excellence Award, among additional state, local and national recognitions.

For more information, visit  amwater.com  and join American Water on  LinkedIn ,  Facebook ,  Twitter  and  Instagram .

Position Information

$124,800 - $198,900

The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined  based on factors such as market, geography, skills, education and / or experience. At American Water, we are committed to pay equity.

In addition to compensation, you will be offered a comprehensive benefits package including 401(k),Defined Contribution Plan, Employee  Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits,  health and wellness programs and much more!

American Water is also proud to offer employees learning opportunities and work experiences to grow professionally!

Primary Role

Take full ownership of all regulated state financing activities tied to infrastructure lending through the State Revolving Fund (SRF) programs. Spearhead the buildout and continuous optimization of the SRF platform at American Water—leading analysis, negotiation, documentation, settlement, compliance, and administration with precision and agility. Serve as the strategic partner to Senior Treasury Leadership, driving forward a core mission : identify and secure subsidized, low-cost financing opportunities that directly support customer affordability goals.

Key Accountabilities

• 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.
• Assess the financial capacity of state subsidiary applicants to cover loan repayment and debt service, a critical step in the loan approval process.
• Ensure full legal and regulatory compliance for all SRF-related financings, including documentation of public support and establishment of required reserve accounts.
• Evaluate program objectives, assessing environmental and public health needs, and setting financing and programmatic goals for the SRF.
• Track, manage, and report financial and administrative data tied to capitalization grants and loan awards to ensure transparency and accountability.
• 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.
• Manage quarterly and annual compliance activities for all state debt across the American Water system, ensuring consistent execution and reporting.
• 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
• Provide treasury expertise in regulatory proceedings, including rate cases and financing petitions, to support efficient and effective compliance.

Knowledge / Skills

Experience / Education

Travel Requirements

Ability to travel up to 10%.

Work Environment

Indoor office environment.

Competencies

Champions safety

Customer obsessed

Cultivates innovation

Nimble learning

Drives Results

Collaborates

Join American Water... We Keep Life Flowing ™

American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.