• Senior Loan Officer - Loan Officer Senior

    State of Minnesota (St. Paul, MN)


    Working Title: Senior Loan Officer

     

    Job Class: Loan Officer Senior

    Agency: Minnesota Public Facilities Authority (MPFA)

    + **Job ID** : 85600

    + **Location** : St. Paul

    + **Telework Eligible** : Yes, eligible for some telework

    + **Full/Part Time** : Full-Time

    + **Regular/Temporary** : Unlimited

    + **Who May Apply** : This vacancy is open for bids and for all qualified job seekers simultaneously. Bidders will be considered through 04/23/2025.

    + **Date Posted** : 04/17/2025

    + **Closing Date** : 05/09/2025

    + **Hiring Agency/Seniority Unit** : Public Facilities Authority / MAPE

    + **Division/Unit** : Minnesota Public Facilities Authority / MPFA-Program Delivery

    + **Work Shift/Work Hours** : Day Shift, 8:00am to 4:30pm

    + **Days of Work** : Monday - Friday

    + **Travel Required** : No

    + **Salary Range:** $31.92 - $47.05 / hourly; $66,648 - $98,240 / annually

    + **Classified Status** : Classified

    + **Bargaining Unit/Union** : 214 - Minnesota Association of Professional Employees/MAPE

    + **FLSA Status** : Nonexempt

    + Designated in Connect 700 Program for Applicants with Disabilities (https://mn.gov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : Yes

     

    The work you'll do is more than just a job.

     

    At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

     

    The Minnesota Public Facilities Authority (MPFA) finances local government water infrastructure projects that support public health and environmental quality.

     

    MPFA Senior Loan Officers have primary responsibility for underwriting and compliance review of loan and grant applications, review of monthly disbursement requests, and ongoing loan portfolio monitoring including annual audit reviews. Responsibilities of this position include reviewing loan and grant applications, determining loan terms and conditions, reviewing and approving disbursement requests, monitoring recipients and their projects for compliance, reviewing annual audits, and working with other MPFA staff to develop and improve program procedures, application materials, and related program documents. This position is considered a subject matter expert, providing information and technical assistance to communities regarding financing options, including the municipal bond market and other state and federal programs.

     

    This position will be based out of the St. Paul office.

     

    This position is telework (https://mn.gov/mmb-stat/policies/1422-telework-2025.pdf) eligible. Staff are provided with the tools and equipment to be successful in a virtual work environment. Please note, the telework policy could change with notice based on business needs.

    Minimum Qualifications

    Please ensure that your resume clearly describes your experience in the areas listed and indicates the beginning and ending month and year for each job held. Only applicants whose resumes clearly demonstrate fulfillment of each of these minimum qualifications will be considered for this position.

     

    Three (3) years* of experience as a municipal finance officer, loan officer, management analyst, state program administrator, project specialist or similar position as determined by the agency.

     

    *Bachelor’s degree in finance, accounting, public administration, or other related field as determined by the agency may substitute one (1) year of experience.

    Applicants that meet the above minimum qualification will be further evaluated on the following:

    + Experience in understanding and interpreting federal and state laws, rules, and regulations.

    + Experience in municipal financial statements.

    + Familiarity with financial processes, such as contract management, and financial audits.

    + Familiarity with public infrastructure planning, financing, and project management.

    + Experience working with diverse stakeholders to coordinate participation in financial transactions.

    Preferred Qualifications

    + Knowledge of municipal finance and bond issuance, including IRS regulations pertaining the use of tax-exempt bond proceeds, private activity issues, arbitrage restrictions and related matters.

    + Knowledge of basic municipal operations, capital budget development, revenues and funding sources.

    + Ability to recognize and analyze problems and opportunities and negotiate acceptable solutions.

    + Knowledge of infrastructure project development including design and engineering, construction practices and bidding requirements.

    + Communication skills sufficient to effectively assist, instruct and address inquiries from clients, stakeholders on processes, procedures and requirements.

    + Experience creating and using software such as Microsoft Suite for emails, word processing, spreadsheets to track, evaluate data and data management programs, such as SmartSheet.

    + Our employees are dedicated to ensuring cultural responsiveness. Preferred candidates will have a variety of experiences working effectively with others from different backgrounds and cultures.

    Additional Requirements

    A job offer will be contingent upon successfully passing a background check. The background check may consist of the following components:

    + Criminal Background Check

    + Employment Records Check (current and former State employees only)

    + Employment Reference Check

    + Conflict of Interest Review

    + Driver’s License and Records Check

     

    The Minnesota Department of Employment and Economic Development will not sponsor applicants for work visas. All applicants must be legally authorized to work in the U.S.

    AN EQUAL OPPORTUNITY EMPLOYER

    Minnesota State Colleges and Universities is an Equal Opportunity employer/educator committed to the principles of diversity. We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law. As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status.

     

    Reasonable accommodations will be made to all qualified applicants with disabilities. If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at 651-259-3637 or email [email protected] . Please indicate what assistance is needed.