Are you passionate about shaping Oregon’s infrastructure future? Business Oregon, the state’s economic development agency, is seeking an experienced leader to ensure accurate debt management and compliance across infrastructure programs. In this role, you’ll help safeguard public resources, maintain transparency, and support projects that enhance community safety and economic vitality statewide.
Business Oregon, is currently hiring an Infrastructure Debt Manager (Grants, Loans, and Programs Manager 3). This position will provide strategic leadership and expert oversight of the Bond Bank Program and related infrastructure funding initiatives, ensuring the effective issuance, management, and compliance of municipal debt. This position serves as the Department’s principal authority on debt management, disclosure, and tax compliance, and is responsible for aligning financing strategies with statewide infrastructure goals.
Note: 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:
- Supervise Public Finance Officers responsible for infrastructure funding programs.
- Oversee project development, financing coordination, asset management, contract monitoring, and program accountability.
- Supervises Targeted Capital Manager 2 responsible for Seismic Rehabilitation, Child Care and Brownfields programs.
- Plan, structure, and coordinate the issuance of municipal bonds through the Bond Bank Program.
- Analyze and recommend financing strategies in collaboration with the CFO and Infrastructure Finance Authority (IFA).
- Ensure compliance with federal tax laws, securities regulations, and state statutes governing municipal debt.
- Serve as the Department’s Disclosure and Tax Compliance Officer.
- Oversee the preparation and filing of official statements and continuing disclosure documents.
- Act as the primary liaison with bondholders, rating agencies, the State Treasurer, and other financial stakeholders.
- Lead the procurement and management of professional services contracts for bond counsel, disclosure counsel, financial advisors, and compliance consultants.
- Review and update debt management policies, procedures, and the Bond Bank Program Manual.
THE IDEAL CANDIDATE WILL POSSESS A COMBINATION OF SOME OR ALL THE FOLLOWING SKILLS:
Expertise in Municipal Bond Financing and Issuance
- Demonstrated ability to plan, structure, and manage municipal debt transactions, including compliance with federal tax laws and securities regulations.
Strong Knowledge of Debt Accounting and Financial Analysis
- Demonstrated skills in debt capacity analysis, affordability studies, and reconciliation of bond debt accounts.
Experience with Loan Underwriting and Loan Servicing
- Demonstrated ability to evaluate creditworthiness, structure loan terms, and manage loan portfolios effectively.
Grant Eligibility and Program Compliance Knowledge
- Proven experience with state and federal grant requirements, eligibility criteria, and integration with infrastructure financing programs.
Leadership and Team Management
- Proven experience managing mid- to lower-level managers, supervisors, or a team of upper-level professionals, fostering collaboration, and mentoring for performance and career growth.
Exceptional Communication and Stakeholder Engagement
- Demonstrated skill in presenting complex financial information clearly to rating agencies, elected officials, and interagency partners.
Strategic Planning and Policy Development
- Demonstrated ability to develop and implement debt management policies, monitor market trends, and align financing strategies with statewide infrastructure goals.
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.
Business Oregon strives to create an inclusive environment that welcomes and values the diversity of the people we serve. We foster fairness, equity, and inclusion to create a workplace environment where everyone is treated with respect and dignity.
Studies have shown that women and people of color are less likely to apply for jobs unless they meet every one of the qualifications listed. 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 do not meet every one of our qualifications listed. If you are unsure whether you meet the qualifications of this position, feel free to contact us to discuss your application.
WHAT BBUSINESS OREGON DOES:
Business Oregon is the economic development agency for the state of Oregon. We have about 200 people on our team, and we work with communities and businesses. We use our programs and expertise to help businesses grow, so they can in turn add jobs, diversify the economy, and increase Oregon prosperity. We work with communities to enhance and expand infrastructure and community safety with projects such as water/wastewater systems, seismic rehabilitation for schools, or rural broadband development. This also sets the stage for future business development. Our mission is to invest in Oregon’s businesses, communities, and people to promote a globally competitive, diverse, and inclusive economy, all carried out with an agency strategic plan.
The Economic Development Division (EDD) promotes business and economic development opportunities by removing barriers to business growth and job creation/retention. The EDD division services include assisting Oregon businesses and communities to access State incentive programs for public and private sectors. Incentive programs and assistance include business finance programs, global trade assistance, infrastructure financing and other community and economic development programs. Recruitment Officers, Regional Development Officers, Regional Project Managers, Global Trade Specialists, analysts, program specialists and coordinators, and loan officers work collectively in partnership with Oregon businesses and local communities to achieve the State’s economic development goals.
The Regional Project Team provides advice and operational support by developing projects initiated by the RDOs. This team coordinates and develops infrastructure and business-related projects. They work with the policy program coordinators to recommend policy changes specific to infrastructure programs. This team tracks and manages projects related to the business development and infrastructure programs.
How to Apply Please Note: Applications must be submitted no later than 11:59 PM PDT/PST on March 11, 2026.
- If you are a current State of Oregon employee, you must apply through your employee Workday account through Jobs Hub.
- Click the “Apply” button above to complete your online application.
- Attach your current cover letter and resume. Failure to submit the required resume and cover letter may remove your application from consideration. Clearly demonstrate in your cover letter how you meet all the minimum qualifications and requested skills listed above.
- You may attach your cover letter and resume at the beginning of process or at the end of process of completing your workday application.
- Complete the questionnaire. Warning – Workday will timeout due to 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.
- Be sure to check Workday and your email for additional tasks and updates. After hitting submit there may be additional required tasks for you to complete prior to the announcement closing.
- The candidates whose work experience most closely matches the qualifications and skills of this position will be invited to interview.
WHAT'S IN IT FOR YOU:
- Family Friendly Work Life Balance: Paid time off, 11 holidays, 3 personal days & optional short- and long-term disability benefits.
- Take Care of Yourself and Your Family: Comprehensive employee benefits, choice of medical plans, vision plan, life insurance, employee assistance program.
- Invest in Your Future: Pension plan, deferred comp, short- and long-term disability plan, flexible spending accounts for healthcare and dependent care.
- Be Appreciated: Employee recognition events, agency unique employee recognition program allowing for additional leave options such as vacation buy-out and sick leave roll-over, dynamic employees doing impactful work.
- Inclusion: At Business Oregon, we value community and foster a sense of belonging for our employees.
Additional Information:
- The state of Oregon does not request or require your age, date of birth, attendance or graduation dates from an educational institution during the application process.
- Per the Pay Equity Law passed in 2017, a pay equity analysis will be conducted to determine what pay step the successful candidate will be offered. The analysis will be based on the relevant experience, education, training, and certifications documented in the application materials.
- It is our policy to provide reasonable accommodation for all applicants who may need them. Should you need assistance, or an accommodation please contact Lies Wattimena at Lies.Wattimena@biz.oregon.gov to discuss how we can best meet your needs.
- Veterans’ Preference - Eligible veterans who meet the qualifications will be given veterans' preference. If you checked that you are a veteran, we will ask you for your documents later in the process. Click on the Veterans’ Preference link for additional information.
- Eligible Veterans and Oregon National Guard servicemembers (current and former) who meet the qualifications of the position will be awarded candidate preference. For more information, please visit Veterans’ Preference.
- Criminal Records Check - Hiring of the successful candidate will be contingent upon the results of a Criminal Background Check. Adverse background data may be grounds for immediate disqualification.
- Work Authorization - Business Oregon does not offer visa sponsorship. Within three days of hire, all applicants will be required to complete the US Department of Homeland Security's Form I-9, confirming authorization to work in the United States.
- This recruitment will be used to establish a list of qualified candidates to fill the current position and may be used to fill future vacancies as they occur.
- This position is a management service, supervisory, full-time position, non-exempt and is not represented by a union.
- PERS – This is a PERS qualifying position. After a six-month waiting period eligible Management Service, Executive Service, and Unrepresented employees will have their base pay increased by 6.95% and the 6% PERS contribution deducted from their base pay rather than a direct 6% contribution by the State of Oregon to the employees PERS account. This will mirror the bargained SEIU and AFSCME PERS process.