Infrastructure Loan and Debt Manager (Grants, Loans, and Programs Manager 3)

State of Oregon•Portland, OR

2d•Hybrid

About The Position

Business Oregon , is currently hiring an Infrastructure Loan and Debt Manager (Grants, Loans, and Programs Manager 3) to lead the state’s municipal infrastructure lending and fund management programs. This role oversees loan underwriting, portfolio performance, program compliance, and the development of lending policies that support critical community projects across Oregon. As the agency’s principal authority on municipal credit evaluation, fund stewardship, and lending standards, you will guide how local infrastructure projects are financed and help communities access sustainable, well‑structured loan programs. Step into a high‑impact leadership role shaping how Oregon funds its most critical infrastructure. As the Infrastructure Loan and Debt Manager, you’ll steer the state’s Bond Bank Program, drive smart financing strategies, and lead a team advancing community‑building projects statewide. If you’re a municipal loan and debt expert ready to make a measurable difference for Oregon’s future, we want to meet you. Note: We are looking for the right background and experience for this position and would consider underfilling this position at the Grant, Loans, and Programs Manager 2 classification. We are committed to fostering a supportive work environment that promotes work-life balance and flexibility. This hybrid role offers partially remote work options, with the expectation of occasional in-office presence as needed to support business operations.

Requirements

Seven years of supervision, management, or progressively related experience; OR four years of related experience and a bachelor's degree in a related field.
To qualify for an underfill at the Grant, Loan and Program Manager 2 level: Six years of supervision, management, or progressively related experience; OR four years of related experience and a bachelor's degree in a related field.

Nice To Haves

Expertise in Municipal Loan Underwriting and Loan Servicing, including creditworthiness evaluation, structuring loan terms, and managing municipal loan portfolios.
Strong Knowledge of Fund and Portfolio Management , including affordability analysis, loan program performance, and financial controls.
Experience Developing and Implementing Lending Policies , procedures, and program compliance frameworks.
Demonstrated Leadership and Supervision Experience , including managing Finance Officers and mid‑level managers.
Excellent Communication Skills , with the ability to explain complex municipal finance concepts to elected officials, agency leadership, and community partners.
Strategic Planning and Policy Development Experience related to municipal lending and community infrastructure programs.
Familiarity with Municipal Debt and Bond Issuance Processes (Bond Bank expertise helpful but not the primary requirement).

Responsibilities

Lead Oregon’s municipal infrastructure loan programs, including underwriting standards, credit evaluation, affordability analysis, and portfolio management.
Supervise Public Finance Officers responsible for infrastructure funding programs, overseeing project development, financing coordination, asset management, contract monitoring, and program accountability.
Supervise the Targeted Capital Manager responsible for Seismic Rehabilitation, Child Care, and Brownfields programs.
Develop, implement, and refine lending policies, program procedures, and fund management practices to ensure consistent, compliant, and equitable program delivery.
Ensure compliance with federal tax laws, state statutes, and agency policies governing loan programs and municipal debt management.
Administer the Bond Bank as a financing mechanism, coordinating biennial issuances and ensuring compliance with regulatory requirements.
Act as a liaison with municipalities, rating agencies, advisors, and financial partners to support community financing strategies and program transparency.

Benefits

Work/life balance
generous benefit package
11 paid holidays a year
3 paid personal days
flexible work schedules
paid leave
employer contribution retirement plan (PERS)
Planning for your future. Pension plan, and deferred compensation packages.
Deepening employee engagement by connecting and building strong teams, using enhanced communications, transparency, mentoring, and coaching.
Care for our people and culture.
At Business Oregon, we value community and foster a sense of belonging for our employees. We invest in our employees’ well-being including training and professional development, addressing burnout and other efforts that contribute to healthy, whole employees.
Public Service Loan Forgiveness.