**Working Title: Loan Officer** **Job Class: IRRR Loan Officer** **Agency: Iron Range Resources & Rehabilitation** + **Job ID** : 83392 + **Location** : Eveleth + **Telework Eligible** : Yes -Hybrid- details in job summary + **Full/Part Time** : Full-Time + **Regular/Temporary** : Unlimited + **Who May Apply** : Open to all qualified job seekers + **Date Posted** : 01/21/2025 + **Closing Date** : 02/03/2025 + **Hiring Agency/Seniority Unit** : Iron Range Resources & Rehabilitation / Iron Range Resources & Rehabilitation-MAPE + **Division/Unit** : IRRRB Eveleth / Development + **Work Shift/Work Hours** : Day Shift + **Days of Work** : Monday - Friday, 8:00 am - 4:30 pm + **Travel Required** : Occasional + **Salary Range:** $34.18 - $50.69 / hourly; $71,367 - $105,840 / annually + **Classified Status** : Classified + **Bargaining Unit/Union** : 214 - MN Association of Professional Employees/MAPE + **FLSA Status** : Exempt - Administrative + Designated in Connect 700 Program for Applicants with Disabilities (https://mn.gov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : 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. The Loan Officer will help develop, implement and promote the financing investment programs of the Business Development Division. The incumbent in this position will review and evaluate applications for financing, service the existing loan portfolios and make recommendations to the Executive Director of Business Development, Technical Advisory Committee, Commissioner and Board for approval. This position will monitor agency programs for compliance with agency policies and practices as well as state and federal laws, and will assist communities and businesses region-wide in determining financial needs and strategies. The loan officer will provide outreach and assistance to inform communities, businesses and other clientele of the procedures and requirements for participation in the agency’s programs, as well as assist in identifying financing needs. The employee in this position will prepare legal documents for approved debt financing requests to protect, maintain and monitor the interest, of the state. This position will be located in Eveleth, MN with the eligibility for a hybrid telework schedule. If approved for telework, the incumbent will be required to complete a telework agreement. This position will require reporting to the primary work location up to four (4) days per week during the probationary period, and a minimum of three (3) days per week on regular basis. Occasional travel is required. **Minimum Qualifications** + Three (3) years advanced professional experience in the area of finance, marketing, or economic development in private business, government or non-profit organizations. * _Bachelor’s degree in business, finance, accounting, public administration or other closely related field as determined by the agency can substitute one (1) year of experience; Master’s degree substitutes for eighteen (18) months of experience._ + Strong knowledge of generally accepted accounting principles, lending and financial analysis to understand business financial statements and records. + Advanced working knowledge of banking practices and debt management sufficient to manage complex debt structures within public and private sector lending practices and programs. + Strong written and oral communication skills that demonstrate the ability to make effective presentations before government officials, business leaders, and other stakeholders to explain and defend decisions, and make financing recommendations. + Excellent organizational and interpersonal skills. + Experience working with a diverse clientele including the commitment to equity and diversity in the work environment. + Valid Minnesota Driver’s License. **Preferred Qualifications** + Bachelors’ degree in a business, finance, accounting, public administration or other closely related field. + Commercial lending experience. + A thorough understanding of collection procedures and legal remedies available to creditors. **Additional Requirements** This position requires successful completion of the following: + Ability to transport oneself to external meetings or obligations. + It is the policy of the Department of Iron Range Resources & Rehabilitation that all employees submit to an employment and 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. + This position is eligible for hybrid telework, the incumbent will be expected to complete a telework agreement. AN EQUAL OPPORTUNITY EMPLOYER Minnesota State Colleges and Universities is an Equal Opportunity employer/educator committed to the principles of diversity. We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law. As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status. Reasonable accommodations will be made 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 careers@state.mn.us . Please indicate what assistance is needed.