Initial Posting Date:
12/18/2025Application Deadline:
12/30/2025Agency:
Oregon Business Development DepartmentSalary Range:
$7,353 - $11,373Position Type:
EmployeePosition Title:
Targeted Capital Manager (Grants, Loans & Programs Manager 2)Job Description:
Business Oregon, the state’s economic development agency, is seeking a dynamic and experienced Targeted Capital Manager (Grants, Loans, and Programs Manager 2) to lead a team delivering critical infrastructure and capital programs. This position will provide leadership and supervisory oversight for the Infrastructure and Program Services Section’s Seismic Rehabilitation, Brownfields, Child Care Infrastructure, Aquifer Recharge and County Fair programs. The team works closely with communities and stakeholders across Oregon to support regional economic development initiatives.
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 in-office presence at least one day per week to foster collaboration with section managers, team members, and agency leadership.
As the Targeted Capital Manager, you will play a pivotal role in shaping and delivering high-impact programs that strengthen Oregon’s communities. Your leadership will ensure effective program delivery, staff development, and alignment with agency goals. Key responsibilities include:
Coordinate daily with Infrastructure Manager, Project and Services Manager, and Infrastructure Debt Manager on matters related to program funding and project development.
Provides direct supervision and leadership to currently 5 Program staff that are geographically disbursed. Reviews and assigns work, develops work procedures and processes consistent with agency and division policy and standards, and establishes work schedules.
Maintains a current and comprehensive project and policy status chart that clearly outlines each team member’s workload and priorities. This includes tracking progress across all stages of project development and financing, such as concept review, intakes, applications, awards, contracts, and monitoring, as well as identifying and addressing related policy issues.
Evaluates staff performance and service quality through regular review of assignments, project progress, statistical reports, as well as through direct communication with stakeholders. Conducts weekly team meetings and one-on-one check-ins to provide feedback, support professional development and ensure alignment with program goals.
Provides leadership and direction for the agency’s Seismic, Brownfields, Child Care, Aquifer Recharge and County Fair programs and the Infrastructure Section.
Provides expert guidance on economic development programs to the department’s management team, contributing to the development of a cohesive and integrated strategy that fosters alignment and synergy across program areas.
Maintains current and detailed knowledge of funding programs, including eligibility criteria, documentation standards, contract monitoring procedures, applicable exemptions, and other regulatory requirements.
Responsible for section compliance with department, state and federal rules and guidelines.
Reviews and approves final staff recommendations and project contract agreements for accuracy, and either signs or forwards them to senior or executive management for final authorization, as appropriate.
Demonstrated experience managing public infrastructure or capital funding programs, including project development, financing coordination, and contract monitoring.
Proven ability to interpret and apply state and federal regulations, including Oregon Revised Statutes and Oregon Administrative Rules, in the administration of grant and loan programs.
Experience supervising geographically dispersed teams, including performance management, coaching, and professional development planning.
Strong stakeholder engagement skills, including collaboration with local governments, legislators, and interagency partners to advance community and economic development projects.
Experience leading or contributing to policy development and process improvement initiatives, such as Lean, within a public sector or regulatory environment.
Proficiency in using data and performance metrics to evaluate program effectiveness and inform strategic decision-making.
Experience evaluating grant and loan applications, including developing scope of work, both budgets and activities to be funded.
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:
Six years of supervision, management, or progressively related experience;
OR
Three 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 don't 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.
Business Oregon is the economic development agency for the state of Oregon, with a team of approximately 200 professionals dedicated to strengthening Oregon’s economy. We support businesses in growing and creating jobs, which in turn helps diversify the economy and increase statewide prosperity. In partnership with communities, we invest in infrastructure and public safety projects, such as water/wastewater systems, seismic rehabilitation for schools, or rural broadband, to lay the groundwork for future development. Our mission is to invest in Oregon’s businesses, communities, and people to promote a globally competitive, diverse, and inclusive economy, guided by our agency’s strategic plan.
The Economic Development Division (EDD) promotes business and economic development opportunities by removing barriers to business growth and job creation and retention. The division administers a wide range of programs and services that include business finance programs, global trade assistance, infrastructure financing and other community and economic development initiatives. Staff across the division, including Recruitment Officers, Regional Development Officers, Regional Project Managers, Global Trade Specialists, Program Policy Coordinators, and both Public and Private Loan Officers work collaboratively with local partners to deliver impactful projects and services throughout the state.
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.
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 accommodations to 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.
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, 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.
Are you looking to live in and experience Oregon? Learn more about life in Pendleton, Salem, and Portland.
Need help?
We invite you to contact the recruiter for application questions or job-specific questions.
The recruiter for this position is Janeen Hilbrink, HR Analyst. If you contact the recruiter, please include the job requisition (REQ) number at the top of this job post.
Phone (call or text): 971-707-0252
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Business Oregon is an Equal Opportunity, Affirmative Action Employer.