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IRRRB Loan Officer
Category: Other
  • Your pay will be discussed at your interview

Job code: lhw-e0-89648032

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State Of Minnesota

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  Job posted:   Tue May 15, 2018
  Distance to work:   ? miles
  1 Views, 0 Applications  
IRRRB Loan Officer
Job Summary
# Job Summary
The employee in this position will help develop, implement and promote the financing and equity investment programs of the Business Development Division. More specifically, the employee in this position will review and evaluate applications for financing, service the existing investment and loan portfolios and make recommendations to the Technical Advisory Committee, Deputy Commissioner, Commissioner and Board for approval. In addition, the employee in this position will monitor agency programs for compliance with agency policies and practices as well as state and federal laws, and will assist in the efforts of the agency to assist communities and businesses region-wide in determining financial needs and strategies.
## Minimum Qualifications:
* BA/BS in business, finance, economics, accounting or related field.
* Four years of advanced professional experience in contract administration including private and/or public sector lending that includes decision-making regarding financial feasibility in both commercial and real estate loans.
* Advanced working knowledge of banking practices and debt management sufficient to manage significant and complex debt structures within federal, state and private sector lending practices and programs.
* Thorough understanding of collection procedures and legal remedies available to creditors in order to protect the interests of the State in the resolution of workout loans.
* Strong written and oral communication skills that demonstrate the ability to make effective presentations before government officials, business leaders, and other groups and to be able to explain and defend judgments.
* Exceptional organizational skills sufficient to independently plan, prioritize, and carry out multiple elements of job responsibilities with limited management oversight.
* Excellent interpersonal skills and the ability to work well with others in a team setting sufficient to work with a variety of clients, including attorneys, bond consultants, financial institution employees and agency managers and staff, coordinating and directing work of diverse teams and groups.
## Preferred Qualifications:
* Commercial lending experience
## Additional Requirements
This position requires successful completion of the following:
It is the policy of the Department of Iron Range Resources&Rehabilitation that all employees submit to a criminal background check prior to employment.
In accordance with the Department of Iron Range Resources & Rehabilitation's Vehicle Fleet Safety Program, employees driving on agency business who use a rental or state vehicle shall be required to conform to Department of Iron Range Resources & Rehabilitation's vehicle use criteria and consent to a Motor Vehicle Records check
Application Details
## Why Work For Us
GREAT BENEFITS PACKAGE! The State of Minnesota offers a comprehensive benefits package including low cost medical and dental insurance, employer paid life insurance, short and long term disability, pre-tax flexible spending accounts, retirement plan, tax-deferred compensation, generous vacation and sick leave, and 11 paid holidays each year.
## How to Apply
Click"Apply" at the bottom of this page. If you have questions about applying for jobs, contact the job information line at 651-259-3637.
For additional information about the application process, go to
## Contact
If you have questions about the position, contact Kerri Dahl at or 218-735-3009.
* * *
The State of Minnesota is an equal opportunity, affirmative action, and veteran-friendly employer. We are committed to providing culturally responsive services to all Minnesotans. The State of Minnesota recognizes that a diverse workforce is essential and strongly encourages qualified women, minorities, individuals with disabilities, and veterans to apply.
We will make reasonable accommodations 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 Please indicate what assistance you need.
*Job Title:* IRRRB Loan Officer
*Location:* Eveleth
*Job ID:* 23672
*Regular/Temporary:* Unlimited
*Full/Part Time:* Full-Time
*Who May Apply:* Open to all qualified job seekers
*Date Posted:* 5/14/2018
*Closing Date:* 5/25/2018
*Hiring Agency:* Department of Iron Range Resources & Rehabilitation
*Days of Work:* Monday - Friday
*Travel Required:* Yes
*Salary Range:* $27.53 - $40.84 /hourly; $57,483 - $82,274 /annually
*Classified Status:* Classified
*Connect 700 Program Eligible:* Yes
*Job Class:* IRRRB Loan Officer
*Working Title:* Loan Officer

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