• Any editable section on the Exam Bulletin has been updated.

Upcoming Filing Cutoff Dates:

• 6/18/2025

Examination/Employment Application (STD 678) must be received or postmarked by the filing date indicated above. Applications postmarked, personally delivered or received via interoffice mail after the filing date will be processed in the next group.

Postmark dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered postmark dates for the purpose of determining timely filing. Applications received via email or fax will not be accepted.

The information below will help you determine which classification(s) is(are) appropriate for you. Applicants must meet the Minimum Qualifications as stated on this bulletin to compete in this examination.

Open and Open, Non-Promotional Examination(s):

• ASSOCIATE HEALTH FACILITY CONSTRUCTION FINANCING ANALYST - Open

For all Classifications, once you have participated in any of the following examinations, you may not recompete for 9 months:

Exam Code(s):

3980

For ASSOCIATE HEALTH FACILITY CONSTRUCTION FINANCING ANALYST, once you have participated in any of the following examinations, you may not recompete for 9 months:

Exam Code(s):

• EX-03980

Submit an Examination/Employment Application (STD 678) to apply for this examination.

Electronic applications can be submitted through your account at www.CalCareers.ca.gov.

You may apply by mail to:

• Exams Unit
  Department of Health Care Access and Information
  Human Resource Services Section & Culture Office
  2020 West El Camino Avenue, Suite 1016
  Sacramento, CA 95833
  

Indicate the Examination Code and Classification(s) on your Examination/Employment Application (STD 678).

You may drop off your application and any applicable or required documents at:

• Department of Health Care Access and Information
  Human Resource Services Section & Culture Office
  2020 West El Camino Avenue, Suite 1016
  Sacramento, CA 95833
  8:00 AM - 5:00 PM

Indicate the Examination Code and Classification(s) on your Examination/Employment Application (STD 678). All applicants must provide proof of identification. Accepted forms of identification are: 1) a photo identification card or 2) two forms of signed identification.

EXAMINATIONS/EMPLOYMENT APPLICATIONS (STD678) ALSO ACCEPTED BY EMAIL AT HREXAMS@HCAI.CA.GOV

Drop off location non-operational on weekends and holidays.

Other - Examination documents. See "Taking the Examination" section for details.

The following items must be submitted with your Examination/Employment Application form. Failure to submit these items may result in rejection of your application.

• Transcript (Official or Unofficial)

If you require assistance or alternative testing arrangements due to a disability, indicate on your application that you need reasonable accommodation. You will be contacted by a representative of the testing department to make the necessary arrangements. If you have not been contacted by the time you receive notification of testing, please contact the testing department listed in the Contact section of this bulletin.

If you are unable to submit your application or complete the test due to a disability, please contact the testing department listed in the Contact section of this bulletin.

All applicants must meet the education and/or experience requirements as stated on this exam bulletin to be accepted to the examination.

Unless otherwise stated in the Minimum Qualifications, qualifying experience may be combined on a proportionate basis if the requirements stated below include more than one pattern and are distinguished as "Either" 1, "or" 2, "or" 3, etc. For example, applicants possessing qualifying experience amounting to 50% of the required time of Pattern 1 and additional experience amounting to 50% of the required time of Pattern 2 may be accepted to an examination as meeting 100% of the overall experience requirement.

Education: The following education is required when non-California state service experience is used to qualify at any level. Equivalent to graduation from college, preferably with a major in business administration, accounting, real estate, economics, finance, or construction management. Technical or analytical experience in one or a combination of the following may be substituted for the required education on the basis of one year of experience equals one year of college education: 1. Construction or mortgage loan underwriting, originating, processing, closing, or evaluating lender or borrower performance with an institutional lender or investor, Federal Housing Administration, Veteran's Administration, Federal National Mortgage Association, or comparable Federal or State agency. 2. Managing investment portfolios including the responsibilities for investment decisions or recommendations, research, credit analyses, and due diligence for retirement plans, corporations, or public jurisdictions. 3. Serving as the financial advisor in a managerial capacity for corporation, retirement plan, or public jurisdiction.

Either I

One year of experience in the California state service performing financial analyses of health facilities or other large facilities in a class with a level of responsibility equivalent to a Health Facility Construction Financing Analyst, Range C.

Or II

Experience: Two years of technical or analytical experience in one or a combination of the following:

1. Construction or mortgage loan underwriting, originating, processing, closing, or evaluating lender or borrower performance with an institutional lender or investor, Federal Housing Administration, Veteran's Administration, Federal National Mortgage Association, or comparable Federal or State agency.

2. Managing investment portfolios including the responsibilities for investment decisions or recommendations, research, credit analyses, and due diligence for retirement plans, corporations, or public jurisdictions.

3. Serving as the financial advisor in a managerial capacity for a corporation, retirement plan, or public jurisdiction.

Experience in the California state service applied towards this pattern must include at least one year in a class with a level of responsibility equivalent to a Health Facility Construction Financing Analyst, Range C.

(A master's degree or higher in business administration, accounting, real estate, economics, finance, construction management, or possession of a valid certificate issued by the California State Board of Accountancy to practice as a Certified Public Accountant may be substituted for one year of the required experience.)

This examination consists of the following component(s):

A final score of 70% must be attained to be placed on the eligible list.

In addition to evaluating the applicant's relative knowledge, skill and ability as demonstrated by quality and breadth of education/experience, emphasis in each test component will be on measuring competitively, relative to job demands, each applicant's:

Knowledge of: Programs, policies, and organization of the California Health Facility Construction Loan Insurance Program; computer software for financial and investment analyses; financial feasibility study research methods and techniques. Knowledge of purpose and functions of health facilities eligible for California Health Facility Loan Insurance; trends in the development and utilization of health facilities in California; methods and trends of debt financing for health facilities; California laws and regulations governing loan insurance programs; principles and practices of the effective management of health facilities; loan and bond finance terminology used in health facility financing; health facility revenue sources and reimbursements; legal and financial documents used in debt financing; cash flow estimating; principles and practices of the securities industry; construction financing and document management; principles, methods and procedures involved in the cost estimates, financing, and construction of health facilities; principles and practices of real estate mortgage lending; real estate law; basic accounting principles and procedures; commercial appraisal methods; principles and practices of buying, selling, financing, leasing, repossessing, foreclosing, and managing of real property; state and federal environmental laws, debt financing methods including new money project financing, refunding/refinancing, fixed and variable rate financing methods, crossover refundings, and derivative products; and departmental objectives, policies, and procedures.

Ability to: Learn and apply technical construction loan finance methods and procedures; establish and maintain cooperative relationships and effective communications; prepare clear and concise reports; analyze and evaluate data and information accurately and draw sound conclusions; reason logically; perform computations accurately; consult with others on construction finance matters; and analyze and interpret financial statements and use word processing and spread sheet software programs;analyze and interpret a wide variety of construction, financial, and legal documents and studies used in determining eligibility for health facility loans; interpret and apply State loan insurance regulations and policies governing the Cal Mortgage Loan Insurance program; analyze and monitor financial markets and indices that impact variable rates and derivative values; establish and maintain effective working relationships with health facility management, investment bankers, attorneys, contractors, and developers; work independently; use specialized financial tracking software programs; analyze financial information from audited and company prepared financial statements; successfully negotiate loan insurance documents with program applicants, underwriters, and commercial banks; analyze data affecting cost, value, financial condition, and marketability of health facility properties and operations and draw sound conclusions; understand and critique applicants' financial feasibility study assumptions, liquidity, cash flow, and financial solvency; interpret market area demand analyses; analyze historical financial performance; assess the proposed project with respect to its benefit to the community; identify and analyze operational performance and loan payment problems; and apply and modify program underwriting policies and standards as needed due to changing financial market conditions.

A Departmental Open eligible list for the ASSOCIATE HEALTH FACILITY CONSTRUCTION FINANCING ANALYST Classification will be established for:

• Department of Health Care Access and Information

The names of successful competitors will be merged onto the eligible list(s) in order of final score regardless of test date. Eligibility expires 12 months after it is established. Applicants must then retake the examination to reestablish eligibility.

Veterans' Preference will be granted for this examination. Veterans' Preference is an assistance program for veterans, veteran widows and widowers, and spouses of 100% disabled veterans who seek employment with the state. Veterans' Preference is also extended to currently serving military members nearing their retirement or separation date.

You are not eligible for Veteran's Preference if you are:

• A veteran who has been dishonorably discharged or released.
• A veteran, widow or widower of a veteran, or spouse of a 100 percent disabled veteran who currently has permanent civil service status. (Permanent civil service status is the status of an employee who is lawfully retained in his/her position after completion of the applicable probationary period. This does not include limited term).

Veterans' Preference is codified in Government Code Sections 18973 – 18979.

Veteran status is verified by the California Department of Human Resources (CalHR). Directions to apply for Veterans' Preference are on the Veterans' Preference Application (Std. Form 1093), which is available at www.CalCareers.ca.gov, and the Department of Veterans Affairs.

Career Credits are not granted for examination(s) administered on an Open basis or a Promotional basis.

The Education and Experince Exam (E&E) will be used to evaluate your experience, education, and training. This E&E is the examination and will account for 100% of your score.

Access the Blank Application Form (STD678) here.

Access an Accommodation Request (STD679) here.

How to Submit: Your electronic examination application, and any other required documents can be submitted through your account at www.CalCareers.ca.gov. Sign into your profile and apply for (Associate Health Facility Construction Financing Analyst) examination for the Department of Health Care Access and Information. Add the documents listed below as attachments to your Examination/Employment Application (STD. 678).

What to Include: In order to apply for and participate in this examination, you must submit a complete examination package. Failure to submit these items may result in rejection of your application. The following documents must be submitted along with your Examination/Employment Application (STD. 678):

• Department of Health Care Access and Information

Questions regarding this examination should be directed to:

California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice). TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.

Examination and/or Employment Application (STD 678) forms are available at the California Department of Human Resources, local offices of the Employment Development Department, and through your CalCareer Account (www.CalCareers.ca.gov).

If you meet the requirements stated on this examination bulletin, you may take this examination, which is competitive. Possession of the entrance requirements does not assure a place on the eligible list. Your performance in the examination described in this bulletin will be rated against a predetermined job-related rating, and all applicants who pass will be ranked according to their scores.

Department of Health Care Access and Information reserves the right to revise the examination plan to better meet the needs of the service, if the circumstances under which this examination was planned change. Such revision will be in accordance with civil service laws and rules and all applicants will be notified.

General Qualifications: Applicants must possess essential personal qualifications including integrity, initiative, dependability, good judgment, the ability to work cooperatively with others, and a state of health consistent with the ability to perform the assigned duties of the class. A medical examination may be required. In open examinations, investigation may be made of employment records and personal history and fingerprinting may be required.

Eligible Lists: Eligible lists established by competitive examination, regardless of date, must be used in the following order: 1) sub-divisional promotional, 2) departmental promotional, 3) multi-departmental promotional, 4) service-wide promotional, 5) departmental open, 6) open. When there are two lists of the same kind, the older must be used first. Eligible lists will expire in one to four years unless otherwise stated on the bulletin.

High School Equivalence: Equivalence to completion of the 12th grade may be demonstrated in any one of the following ways: 1) passing the General Education Development (GED) Test; 2) completion of 12 semester units of college-level work; 3) certification from the State Department of Education, a local school board, or high school authorities that the competitor is considered to have education equivalent to graduation from high school; or 4) for clerical and accounting classes, substitution of business college work in place of high school on a year-for-year basis.

Accepted applicants must provide proof of identification at each in-person test session. Acceptable identification consists of a photo identification card or two forms of signed identification.