Job Class: Loan Officer or Loan Officer Senior
Agency: Public Facilities Authority
Job ID : 92716
Location : St. Paul
Telework Eligible : Yes, may be eligible for some telework
Full/Part Time : Full-Time
Regular/Temporary : Unlimited
Who May Apply : This vacancy is open for bids and for all qualified job seekers simultaneously. Bidders will be considered through 03/17/2026.
Date Posted : 03/11/2026
Closing Date : 03/23/2026
Hiring Agency/Seniority Unit : Public Facilities Authority / MAPE
Division/Unit : Public Facilities Authority
Work Shift/Work Hours : Day Shift
Days of Work : Monday - Friday
Travel Required : No
Salary Range: Loan Officer; $28.26 - $41.43 / hourly; $59,006 - $86,505 / annually Loan Officer Senior; $32.40 - $47.76 / hourly; $67,651 - $99,723 / annually
Classified Status : Classified
Bargaining Unit/Union : 214 - Minnesota Association of Professional Employees / MAPE
FLSA Status : Nonexempt
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.
Public Facilities Authority (PFA) loan officers and loan officer seniors work directly with city officials, consulting engineers and others to communicate program requirements and procedures, review project proposals and determine appropriate funding sources, ensure adequate local government revenues, monitor project construction, funding disbursements and loan repayments. PFA Senior Loan Officers have primary responsibility for underwriting and compliance review of loan and grant applications, review of monthly disbursement requests, and ongoing loan portfolio monitoring including annual audit reviews. Loan Officers perform the same work tasks, but in a lessor role by assisting and supporting the work of Senior Loan Officers.
These positions are telework (https://mn.gov/mmb-stat/policies/1422-telework.pdf) eligible. Staff are provided with the tools and equipment to be successful in a virtual work environment. Please note, the telework policy could change with notice based on business needs.
This posting may be used to fill multiple positions. This vacancy is being posted at two (2) different levels. Positions will be filled dependent on the qualifications of the successful candidates.
Minimum Qualifications
Please ensure that your resume clearly describes your experience in the areas listed and indicates the beginning and ending month and year for each job held. Only applicants whose resumes clearly demonstrate fulfillment of each of these minimum qualifications will be considered for this position.
Loan Officer
Two (2) years* of experience as a municipal finance officer, loan officer, investment banker, financial analyst, or grants analyst.
Associate's degree in finance, accounting, public administration or other closely related field as determined by the agency may substitute six (6) months of experience; bachelor's degree substitutes for one (1) year of experience; master's degree substitutes for eighteen (18) months of experience.
Loan Officer Senior
Three (3) years* of experience as a municipal finance officer, loan officer, investment banker, financial analyst, or grants analyst.
Associate's degree in finance, accounting, public administration or other closely related field as determined by the agency may substitute six (6) months of experience; bachelor's degree substitutes for one (1) year of experience; master's degree substitutes for eighteen (18) months of experience.
Applicants that meet the above minimum qualification will be further evaluated on the following for all levels:
Skill in communication to effectively assist and instruct multiple stakeholders on processes, procedures, and requirements.
Skill in creating and using Excel spreadsheets to track and evaluate data.
Preferred Qualifications
Knowledge of municipal operations including utility management, rate setting, asset management, capital improvement planning.
Knowledge of municipal finance including debt issuance and management, special assessments, audits and financial statements.
Knowledge of infrastructure loan and grant programs.
Our employees are dedicated to ensuring cultural responsiveness. Preferred candidates will have a variety of experiences working effectively with others from different backgrounds and cultures.
Additional Requirements
A job offer will be contingent upon successfully passing a background check. The background check may consist of the following components:
Criminal Background Check
Employment Records Check (current and former State employees only)
Employment Reference Check
Conflict of Interest Review
Driver's License and Records Check
The Minnesota Public Facilities Authority will not sponsor applicants for work visas. All applicants must be legally authorized to work in the U.S.
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.
