Job Posting: IBank- Chief Counsel (General Counsel) (CEA Level C)

Governor's Office of Business and Economic Development (GO-Biz)

JC-463045
-
IBank- Chief Counsel (General Counsel) (CEA Level C)
C. E. A.

$10,048.00 - $20,748.00 per Month

Final Filing Date: 1/24/2025

Job Description and Duties

As a valued member of the California Infrastructure and Economic Development Bank (IBank) team, you make it possible for IBank to contribute to the State’s economic development and job creation efforts by being innovative and flexible, reporting to work as scheduled, working cooperatively with team members and others, and treating others fairly, honestly and with respect. Your efforts are important to each member of the team, as well as those we serve.

Under the direction of the Executive Director, the Chief Counsel (General Counsel) acts as the most senior legal and legislative advisor to the Executive Director and the executive staff on IBank’s Executive Committee (collectively, the Executive Staff) and participates as a member of the California Infrastructure and Economic Development Bank’s (IBank) management in the development and implementation of IBank legal, legislative and program policies. The position also advises the Executive Staff on the most sensitive and exceptionally difficult legal work for IBank, and interprets and evaluates legislation, existing legal policy, formulates new legal policy and represents IBank in legal proceedings with the Governor’s Office, the Governor’s Office of Business and Economic Development (GO-Biz), the U.S. Department of the Treasury, other State and Federal officials, regulatory agencies, and the public as they interface with IBank. The incumbent must be an expert in the highly specialized field of public finance law, litigation, financing structuring and structured finance, and serves as the issuer’s counsel on bonds issued by IBank. To manage public market transactions, the incumbent will need to manage rating agency engagements, work with investment banks, outside counsel, and financial consultants on IBank Issuances. The incumbent must manage regulatory audits, including from federal Office of Inspector General and the Internal Revenue Service and from state sources. The incumbent must have a strong financing background, and be able to understand, interpret, and analyze complex financial structures, and be able to review due diligence and data room materials, and financial models and spreadsheets required to accurately draft and negotiate agreements. The incumbent manages and directs the operations of IBank’s Legal Unit and Bond Unit.

California State Bar License Number required.

You will find additional information about the job in the Duty Statement.

Working Conditions

Hybrid: this position is eligible for a hybrid telework schedule and requires reporting in-person at headquarters in Sacramento 2 times a week.  #li-hybrid  

Minimum Requirements

This position does not have a Classification Specification. Requirements and qualifications for this position can be found in this announcement. For additional questions, please contact the hiring department listed below.

Additional Documents

Position Details

Job Code #:
JC-463045
Position #(s):
373-105-7500-002
Working Title:
IBank- Chief Counsel (General Counsel) (CEA Level C)
Classification:
C. E. A.
$10,048.00 - $20,748.00 C
# of Positions:
1
Work Location:
Sacramento County
Telework:
Hybrid
Job Type:
Career Executive Assignment - Non Tenured, Full Time

Department Information

The California Infrastructure and Economic Development Bank (IBank) was created in 1994 and operates pursuant to the Bergeson-Peace Infrastructure and Economic Development Bank Act contained in the California (Government Code Sections 63000-63089.98) et seq. IBank is located within the Governor’s Office of Business and Economic Development (GO-Biz) and is governed by a five-member Board of Directors.

IBank has broad authority to issue tax-exempt and taxable revenue bonds, provide financing to public and private agencies, provide credit enhancements, acquire or lease facilities and leverage state and federal funds.
Department Website: http://www.ibank.ca.gov/

Special Requirements

Employment Application: 
Interested applicants must fill out the "Employment History" section of the State Application (STD 678) with all relevant experience to be considered for this position. GO-Biz will not review attached resumes in lieu of the Employment History section of the State Application (STD 678). Failure to fill out the Employment History section of the State Application (STD 678) may result in disqualification.

Application Instructions

Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. 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 of an application.

Final Filing Date: 1/24/2025

Who May Apply

Individuals who are eligible to be appointed to this Career Executive Assignment (CEA) by the State of California.

How To Apply

Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at www.CalCareers.ca.gov. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:

Address for Mailing Application Packages

You may submit your application and any applicable or required documents to:

Governor's Office of Business and Economic Development (GO-Biz)
GO-Biz
Attn: Human Resources JC 463045
1325 J Street, Suite 1800
Sacramento, CA 95814

Address for Drop-Off Application Packages

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

Governor's Office of Business and Economic Development (GO-Biz)
GO-Biz
Human Resources JC 463045
1325 J Street, Suite 1800
Sacramento, CA 95814
08:00 AM - 05:00 PM

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

  • Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
  • Resume is required and must be included.
  • Statement of Qualifications - Please refer to Statement of Qualifcation Instructions.
Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Examination Qualification Requirements

All applicants must possess the knowledge and abilities, and any other requirements, described in this announcement.

Note: Eligibility to take a CEA examination does not require current permanent status in the civil service.

General Qualifications

State civil service employees must possess essential general qualifications including integrity, initiative, dependability, good judgment, and ability to work cooperatively with others.

Knowledge and Abilities

Applicants must demonstrate the ability to perform high administrative and policy – influencing functions effectively. Such overall ability requires possession of most of the following more specific knowledge and abilities:

  • Knowledge of the organization and functions of California State Government including the organization and practices of the Legislature and the Executive Branch; principles, practices, and trends of public administration, organization, and management; techniques of organizing and motivating groups; program development and evaluation; methods of administrative problem solving; principles and practices of policy formulation and development; and personnel management techniques; the department’s or agency’s Equal Employment Opportunity Program objectives; and a manager’s role in the Equal Employment Opportunity Program.
  • Ability to plan, organize, and direct the work of multidisciplinary professional and administrative staff; analyze administrative policies, organization, procedures and practices; integrate the activities of a diverse program to attain common goals; gain the confidence and support of top level administrators and advise them on a wide range of administrative matters; develop cooperative working relationships with representatives of all levels of government, the public, and the Legislature and Executive branches; analyze complex problems and recommend effective courses of action; and prepare and review reports; and effectively contribute to the department’s or agency’s Equal Employment Opportunity objectives.

These knowledge and abilities are expected to be obtained from the following kinds of experience with substantial participation in the formulation, operation and/or evaluation of program policies (experience may have been paid or volunteer; in State service, other government settings, or in a private organization):

CEA Level A - Responsible for broad administrative and program activities, including the execution and/or evaluation of program policies.

CEA Level B - Responsible for extensive managerial and program administration or broad program manager experience with substantial participation in the formulation, operation, and/or evaluation of program policies.

CEA Level C - Responsible for extensive highly professional influence and contributes to program, policy, and the methods to provide professional services needed to set policies, to meet the mission of the State department and often exercising technical and or professional skills that are required at this level.

Examination Information

The examination process will consist of an evaluation of the candidate’s application, resume and Statement of Qualifications (SOQ) by a designated screening committee. The screening committee will use predetermined evaluation criteria derived from the knowledge, skills and abilities, and desirable qualifications listed on this announcement. Candidates should ensure they are thorough when describing their experience relative to the areas described.

 

Applicants who fail to submit the required documents (application, resume and SOQ) will be eliminated from the examination process.

 

The SOQ may also serve as documentation of the candidate’s ability to present information clearly and concisely in writing, since this is a critical factor to successful job performance. The SOQ may be the only basis for the candidate’s final score and rank on the eligible list. Candidates will be ranked competitively, and each candidate will be notified in writing of his/her examination results.

 

The SOQ must specifically address your education and experience as it relates to each item below. The SOQ items must be numbered and addressed in the same order as listed; do not consolidate the responses. The SOQ must not exceed three pages, single-sided and double-spaced with 12-point arial font. Failure to follow this format and the "Application Instructions" above may result in disqualification.

 

  1. Describe your background in project and structured finance, including finance structures involved, amounts and project types, and your experience in undertaking legal due diligence, financial analysis, and document drafting and negotiation for pending transactions.

 

  1. Describe your experience in connection with the issuance of tax-exempt and taxable bond issued in the public capital markets, including work with underwriters, rating agencies, financial advisors, and outside counsel.

  1. Describe your experience in connection with direct financings to municipalities or commercial enterprises. Please indicate whether such financings were debt or equity, were undertaken with specially restricted funds (such as federal), or were part of specific government financing programs.

  1. Describe your experience in personnel management and supervision regarding both legal and non-legal staff. Q5: Describe your experience advising the senior executives on the legal risks and mitigating factors associated with key transactions and critical institutional matters. Please also describe any experience managing litigation related to financial transactions.

 

 

 

If you meet the requirements stated in this announcement, you may take this competitive examination. Possession of the Examination Qualifications requirements does not assure a place on the eligible list. Your performance in the examination will be compared with the performance of others who take this examination, and all successful candidates will be ranked according to their scores.

A minimum rating of 70% must be attained in the Examination to obtain list eligibility for this position. All candidates will receive written notification of their examination results.

The results of this examination will only be used to fill this position. Applications will be retained for twelve months.

Hiring interviews for the Job may be conducted with the most qualified candidates.

The examining Department 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 law and rules and all competitors will be notified.

Special Testing Arrangements

If you have a disability and need special testing arrangements, answer the Reasonable Accommodations question appropriately on your Application (STD 678). You will be contacted to make specific arrangements. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this announcement.

Benefits

Benefits Information - The website below is intended to provide general information. Benefit eligibility may be based on job classification, bargaining unit, time base and length of appointment, which is listed below the link. Additional benefits may also be outlined for specific bargaining units in employee collective bargaining contracts. Please review this information prior to accepting employment.


Job Classification: Career Executive Assignment (CEA Level C)
Bargaining Unit: M-01
Time Base: Full-Time
Length of Appointment: Non-Tenured

Contact Information

The Human Resources Contact is available to answer questions regarding the position or application process.

Department Website: http://www.ibank.ca.gov/
Human Resources Contact:
Recruitments JC 463045
(916) 319-9367
Recruitments@gobiz.ca.gov

Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.

EEO Contact:
EEO Office
(916) 319-9367
GOBiz.HR@gobiz.ca.gov
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.


Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.

Application Methods:
Electronic (Using your CalCareer Account)
By Mail
Drop-off
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