Minnesota Careers
Senior Loan Officer - Loan Officer Senior
Minnesota Careers - Saint Paul, Minnesota, United States, 55130
Work at Minnesota Careers
Overview
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Overview
The Minnesota Public Facilities Authority (PFA) is the State of Minnesota’s water infrastructure financing agency, providing financing to cities of all sizes throughout the state for water infrastructure construction projects. These projects are essential to protecting public health and the environment. PFA works collaboratively with other state agencies to help local officials meet their water infrastructure needs while keeping costs affordable for their residents.
Job Details
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 : 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.
Job Summary
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 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.
Qualifications
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.
Application Details
How to Apply
Select "Apply for Job" at the top of this page. If you have questions about applying for jobs, contact the Careers Help Desk at 651-259-3637 or email careers@state.mn.us . For additional information about the application process, go to http://www.mn.gov/careers .
Connect 700 Program
To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID#, the Working Title and your valid Proof of Eligibility Certificate by the closing date to Talent Acquisition at talent.acquisition.deed@state.mn.us .
Veterans
To be considered with Veteran's Status , you MUST indicate this on your application and submit a copy of your DD-214 form and other required documentation to talent.acquisition.deed@state.mn.us by the closing date.
Recently Separated Veterans (RSV) : Effective July 1, 2009, legislation provides that the top five RSV applicants who apply and meet the qualifications for a vacancy shall be granted an interview.
Certain Disabled Veterans : Effective August 1, 2012, legislation provides state agencies with the option to appoint certain disabled veterans on a non-competitive basis.
See the above links for criteria and eligibility.
Current State Employees
Please apply via Self Service. If eligible for bidding or expression of interest: This vacancy will be open for bids/expression of interest and all qualified applicants simultaneously. Current employees of DEED who are currently in the same classification, who are eligible, and apply within the seven (7) day period will be considered prior to filling the position by other means. Contact
If you have questions about this position, contact Adjeka Zigah at lynda.zigah@state.mn.us .
Working together to improve the state we love.
What do Minnesota's State employees have in common?
A sense of purpose in their work Connection with their coworkers and communities Opportunities for personal and professional growth Benefits
As an employee, you'll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.
Your benefits may include:
Paid vacation and sick leave 12 paid holidays each year Low-cost medical, dental, vision, and prescription drug plans
Fertility care, including IVF Diabetes care Dental and orthodontic care for adults and children
6 weeks paid leave for parents of newborn or newly adopted children Pension plan that provides income when you retire (after working at least three years) Employer paid life insurance to provide support for your family in the event of death Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury Tax-free expense accounts for health, dental, and dependent care Resources that provide support and promote physical, emotional, social, and financial well-being Support to help you reach your career goals:
Training, classes, and professional development Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov ) Employee Assistance Program (EAP) for work/life support:
A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care
Programs, resources and benefits eligibility varies
based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.
EQUAL OPPORTUNITY EMPLOYERS
Minnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. State agencies are committed to creating a workforce that reflects the diversity of the state and strongly encourages persons of color and Indigenous communities, members of the LGBTQIA2S+ community, individuals with disabilities, women, and veterans to apply. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve Minnesotans.
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex (including pregnancy, childbirth, and disabilities related to pregnancy or childbirth), gender identity, gender expression, marital status, familial status, age, sexual orientation, status regarding public assistance, disability, veteran status or activity in a local Human Rights Commission or any other characteristic protected by law.
APPLICANTS WITH DISABILITIES
Minnesota state agencies make reasonable accommodations to their employees and applicants with disabilities. If you have a disability and need assistance in searching or applying for jobs with the State of Minnesota, call the Careers Help Desk at 651-259-3637 or email careers@state.mn.us and let us know the support you need.
The Department of Employment and Economic Development is an equal opportunity, affirmative action, and veteran-friendly employer, and encourages all qualified candidates to apply for job opportunities. If you are an individual with a disability who needs assistance or cannot access the online job application and search tools, please contact Karen Lilledahl at Karen.Lilledahl@state.mn.us . Please indicate what assistance is needed.
#LI-Hybrid
Job Details
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 : 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.
Job Summary
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 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.
Qualifications
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.
Application Details
How to Apply
Select "Apply for Job" at the top of this page. If you have questions about applying for jobs, contact the Careers Help Desk at 651-259-3637 or email careers@state.mn.us . For additional information about the application process, go to http://www.mn.gov/careers .
Connect 700 Program
To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID#, the Working Title and your valid Proof of Eligibility Certificate by the closing date to Talent Acquisition at talent.acquisition.deed@state.mn.us .
Veterans
To be considered with Veteran's Status , you MUST indicate this on your application and submit a copy of your DD-214 form and other required documentation to talent.acquisition.deed@state.mn.us by the closing date.
Recently Separated Veterans (RSV) : Effective July 1, 2009, legislation provides that the top five RSV applicants who apply and meet the qualifications for a vacancy shall be granted an interview.
Certain Disabled Veterans : Effective August 1, 2012, legislation provides state agencies with the option to appoint certain disabled veterans on a non-competitive basis.
See the above links for criteria and eligibility.
Current State Employees
Please apply via Self Service. If eligible for bidding or expression of interest: This vacancy will be open for bids/expression of interest and all qualified applicants simultaneously. Current employees of DEED who are currently in the same classification, who are eligible, and apply within the seven (7) day period will be considered prior to filling the position by other means. Contact
If you have questions about this position, contact Adjeka Zigah at lynda.zigah@state.mn.us .
Working together to improve the state we love.
What do Minnesota's State employees have in common?
A sense of purpose in their work Connection with their coworkers and communities Opportunities for personal and professional growth Benefits
As an employee, you'll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.
Your benefits may include:
Paid vacation and sick leave 12 paid holidays each year Low-cost medical, dental, vision, and prescription drug plans
Fertility care, including IVF Diabetes care Dental and orthodontic care for adults and children
6 weeks paid leave for parents of newborn or newly adopted children Pension plan that provides income when you retire (after working at least three years) Employer paid life insurance to provide support for your family in the event of death Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury Tax-free expense accounts for health, dental, and dependent care Resources that provide support and promote physical, emotional, social, and financial well-being Support to help you reach your career goals:
Training, classes, and professional development Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov ) Employee Assistance Program (EAP) for work/life support:
A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care
Programs, resources and benefits eligibility varies
based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.
EQUAL OPPORTUNITY EMPLOYERS
Minnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. State agencies are committed to creating a workforce that reflects the diversity of the state and strongly encourages persons of color and Indigenous communities, members of the LGBTQIA2S+ community, individuals with disabilities, women, and veterans to apply. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve Minnesotans.
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex (including pregnancy, childbirth, and disabilities related to pregnancy or childbirth), gender identity, gender expression, marital status, familial status, age, sexual orientation, status regarding public assistance, disability, veteran status or activity in a local Human Rights Commission or any other characteristic protected by law.
APPLICANTS WITH DISABILITIES
Minnesota state agencies make reasonable accommodations to their employees and applicants with disabilities. If you have a disability and need assistance in searching or applying for jobs with the State of Minnesota, call the Careers Help Desk at 651-259-3637 or email careers@state.mn.us and let us know the support you need.
The Department of Employment and Economic Development is an equal opportunity, affirmative action, and veteran-friendly employer, and encourages all qualified candidates to apply for job opportunities. If you are an individual with a disability who needs assistance or cannot access the online job application and search tools, please contact Karen Lilledahl at Karen.Lilledahl@state.mn.us . Please indicate what assistance is needed.
#LI-Hybrid