Deputy Director of Climate Finance
: Job Details :

Under the general direction of the Executive Director, the Deputy Director of Climate Finance is responsible for managing all Climate Catalyst Revolving Loan Fund (CCRLF) Program credit underwriting and related servicing activities; managing the development of the structure, guidance, policy formulation, procedures, and direction; successful implementation of IBank's financing and programmatic activities; and marketing the CCRLF and its programs for the California Infrastructure and Economic Development Bank (IBank) within the Governor's Office of Business and Economic Development (GO-Biz). The CCRLF provides direct loans, loan participations and credit enhancements to private borrowers, small businesses, and state and local governmental entities. The incumbent's duties are detailed further below.Remote working conditions: This position is eligible for a full-time telework schedule under Government Code 14200 for eligible applicants residing in California but may require reporting in-person at headquarters in Sacramento upon request.ESSENTIAL FUNCTIONS:

35% - Manage, organize, lead, and direct all activities and aspects of the new Climate Catalyst Revolving Loan Fund (CCRLF) Program. Respond to inquiries regarding the CCRLF Program and other IBank financing programs from stakeholders. Supervise and direct all aspects of the loan application review process, underwriting/credit and financial analysis, processing of each CCRLF loan request and preparation of staff (credit and other) reports presented to the IBank Board of Directors for the CCRLF Program. Develop and maintain a high level of expertise of commercial and small business lending, and municipal financings. Develop and maintain annual work plans and meet loan deployment goals. Respond to sensitive and or difficult inquiries from stakeholders regarding guidelines, policies, procedures, directives, and business processes of the CCRLF Program. Prepare required annual reports for the Governor's Office, Legislature, GO-Biz, and other required stakeholders. Develop CCRLF policies, procedures, directives, business processes for approval by the Executive Director, Executive Committee, and/or the IBank Board. Supervise CCRLF staff in their activities, which includes loan origination, credit underwriting, and review. In coordination with IBank's Legal and Loan Servicing Units, responsible for the preparation and execution of loan agreements and other required credit documents, and for the processing and approval of loan disbursements.

20% - Direct IBank's technical assistance efforts with respect to CCRLF Program; and direct all aspects of more complex credit transactions that typically have multiple funding sources and numerous construction contracts. Responsible for supervising and directing all aspects of amendments to CCRLF loans, including the preparation of staff reports/credit memorandums; annual surveillance activities of CCRLF Program borrowers, including the analysis of annual financial statements to determine if there are changes in financial conditions and to determine compliance with loan covenants. Provide direction and oversight for the preparation of annual reports. Coordinate with IBank's Fiscal Unit to manage CCRLF Program funds and the disbursement process with the Serving Unit to ensure funds are distributed accurately and timely to the borrower. Oversee and review the preparation of CCRLF disbursements with the Loan Servicing Unit.

20% - Directs and/or supervise, monitor, and evaluate the work product and performance of CCRLF staff; coordinate and manage workflow; develop duty statements; conduct hiring interviews and written periodic evaluations; serve on interview and examination panels; ensure adequate and appropriate documentation and record keeping of staff; and develop and implement training as needed, including the preparation of individual development plans and annual performance evaluations.

15% - Assists in analyzing legislation that may impact IBank and the CCRLF Program, and ensure appropriate annual reporting to management, the Legislature and other stakeholders are prepared and forwarded in a timely and accurate manner. Prepare Budget Change Proposals, Finance Letters and other management reports. Provide technical information and assistance to staff related to the various financing programs, management activities and special projects as assigned.

10% - Represent IBank at meetings, public forums, workshops, presentations and conferences, and serve as representative of IBank to the public, overseeing the marketing of IBank programs, specifically the CCRLF Program to financial intermediaries, industry associations and interested public and private entities.The Governor's Office of Business and Economic Development (GO-Biz) serves as the State of California's leader for job growth and economic development efforts. GO-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and much more.The California Infrastructure and Economic Development Bank (IBank) was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities. IBank has broad authority to issue tax-exempt and taxable revenue bonds, provide financing to public agencies, provide credit enhancements, acquire or lease facilities, and leverage State and Federal funds. IBank's current programs include the Infrastructure State Revolving Fund (ISRF) Loan Program, California Lending for Energy and Environmental Needs (CLEEN) Center, the Climate Catalyst Revolving Loan fund, Small Business Finance Center, Expanding Venture Capital Access Program, and the Bond Financing Program. #J-18808-Ljbffr