Climate Financing Senior Loan Officer

Background

The Governor’s Office of Business and Economic Development (GO-Biz) serves as the State of California’s leader for job growth and economic development efforts.  GO-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and much more.

The California Infrastructure and Economic Development Bank (IBank) was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities. IBank has broad authority to issue tax-exempt and taxable revenue bonds, provide financing to public agencies, provide credit enhancements, acquire or lease facilities, and leverage State and Federal funds. IBank’s current programs include the Infrastructure State Revolving Fund (ISRF) Loan Program, California Lending for Energy and Environmental Needs (CLEEN) Center, the Climate Catalyst Revolving Loan fund, Small Business Finance Center, Expanding Venture Capital Access Program, and the Bond Financing Program.

Summary

Under the general direction of the Deputy Director for Climate Finance (Supervisor), the Senior Loan Officer
(Supervisor) performs technical analysis and time-sensitive duties related to the IBank’s Climate Catalyst Fund
and other climate financing programs. The Senior Loan Officer (Supervisor) is the subject matter expert who
performs and leads the credit underwriting activities and determines eligibility requirements are adhered to
for the various climate financing mechanisms. The Senior Loan Officer (Supervisor) is expected to exercise
individual initiative, utilize goal setting, possess strong work ethics, and meet deadlines.

Hybrid working conditions: this position is eligible for a hybrid telework schedule and requires reporting in-person at our headquarters in Sacramento (California) two (2) times a week.

Responsibilities

45% – The Supervisor is responsible for the supervision, monitoring, and evaluating the work products and
performance of the Climate Financing staff. The Supervisor coordinates and manages the workflow
of the unit, prepares duty statements, participates in the hiring process and serves on interview and
examination panels. The Supervisor is responsible for preparing staff probation and performance
reviews to ensure adequate and appropriate documentation as well as develop and implement
training as needed, including the preparation of individual development plans. The Supervisor will lead
the oversight and follow-up of climate financing agreements, including post-financing monitoring
activities. Maintain files, correspondence, account balances, and other information associated with
climate finance agreements issued by IBank. Monitor compliance with disclosure requirements.
Prepare and submit evaluations of any financing performance issues. Conduct program analysis and
prepare statistical, ad hoc and anecdotal reports. Track and analyze pending and approved legislation
that relates to climate finance. Respond to requests from communities and potential applicants for
technical assistance on applying for climate financing.

40% – Exercise a high-level of independence to support the planning, organization and execution of all
aspects of the Climate Financing loan programs. Respond to inquiries from external parties; review
loan applications, perform financial analysis, perform all processes of underwriting, produce and
evaluate staff reports (credit memorandum) for loan requests. The Supervisor shall have and maintain
a high level of expertise in financings including climate finance. The Supervisor will lead, manage,
direct, train, and provide oversight to staff in the areas of loan origination, financial analysis
(underwriting), in the unit. The supervisor will provide direction and oversight for the preparation of
credit memorandums and staff reports presented to the IBank Board of Directors with respect to all
climate financings. Supervisor will respond to the most sensitive or difficult inquiries from interested
parties, applicants, borrowers, local governmental officials, and public finance professionals regarding
the guidelines, process, policy and procedures of the Climate Financing Programs. The Supervisor will
ensure the maintenance of the approved financings, oversee the preparation and ensure the accuracy
of data provided for various reports, including but not limited to the annual report to the Legislature,
including the accomplishments table. Recommend policy, procedures, and business processes to the
Deputy Director for Climate Finance regarding all necessary or required procedures, guidelines, and
documents relating to the functions of the Climate Financing Loan Programs.

10% – Serve and attend IBank’s internal committee meetings. Attend and present financing requests to the
Board of Directors (IBank Board) for approval consideration. Ensure accuracy and timeliness of data
included in the annual reports to management, the rating agencies, and the Legislature.

5% – Participate in staff meetings, financing program and management activities, provide work status
reports, handle special projects, and other duties as assigned.

Requirements

**PLEASE REFER TO THE FOLLOWING CALCAREERS WEBPAGE FOR FULL JOB AND APPLICATION DETAILS: https://calcareers.ca.gov/CalHrPublic/Jobs/JobPosting.aspx?JobControlId=452325

Compensation and Benefits

How to Apply

**PLEASE REFER TO THE FOLLOWING CALCAREERS WEBPAGE FOR FULL JOB AND APPLICATION DETAILS: https://calcareers.ca.gov/CalHrPublic/Jobs/JobPosting.aspx?JobControlId=452325

General information on how to apply for a State of California position: https://calcareers.ca.gov/calhrpublic/landing/newtostateservice.aspx