Posted: 4/9/26
Salary:  $8,299.00 - $12,835.00
Location:  Portland, OR

 

Application Deadline: April 22nd, 2026

 

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.

 

What you will do:

• 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.

 

The ideal candidate will possess a combination of some or all the following skills:

• 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).

Please note: if you are interested in applying for this position, you must attach your current cover letter and resume to your application. Failure to submit the required documents will remove your application from consideration.

 

What you need to qualify:

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. We are most interested in finding the best candidate for the job, and that candidate may be one who comes from a less traditional background. We encourage you to apply, even if you don't meet every one of our requested skills listed. Business Oregon is an Equal Opportunity, Affirmative Action Employer.

 

How to Apply:

Please Note: Applications must be submitted no later than 11:59 PM PDT/PST on April 22, 2026.

Visit: https://oregon.wd5.myworkdayjobs.com/SOR_External_Career_Site/job/Salem--OBDD/Infrastructure-Loan-and-Debt-Manager--Grants--Loans--and-Programs-Manager-3-_REQ-198197

Complete the following required steps:

• Fill out the application. If you are a current State of Oregon employee, you must apply through your employee Workday account through the Jobs Hub.
• Attach your current resume and cover letter. Your cover letter should clearly demonstrate how your experience and training relates to the qualities that are listed under the “requested skills” section above.
• Your cover letter must be limited to no more than two (2) pages.
• Generic cover letters that do not address the qualities that you have under the “requested skills” section may receive lower scores than those that addressed the requested skills.
• Clearly demonstrate in your resume and cover letter how you meet all the minimum qualifications and requested skills listed above.
• Failure to submit the required resume and cover letter may remove your application from consideration.
• Complete the questionnaire.
• After you submit your application, please go to your Workday inbox and respond to the public records request authorization, and gender identity questionnaire.
• Answer the checkbox-style questions in the questionnaire. This screen will come after you submit your application, which completes the process. If you are a current State of Oregon employee, the tasks will come to your Workday inbox.

Warning – Workday will timeout after 15 minutes of inactivity and will not save your application progress unless you use the “save for later” function. If you need to take a break, please be sure to click the save for later button to save your progress. You will find your unfinished application in your Workday inbox.