Cannabis Equity Business Loan Administrator

Title: Cannabis Equity Business Loan Administrator

State Role Title: Salary Non-Specified

Hiring Range: Hiring range for this position is $84,114 - $96,731, commensurate with education and experience

Pay Band: UG

Agency: VA Cannabis Control Authority

Location: VA Cannabis Control Authority

Agency Website: cca.virginia.gov

Recruitment Type: General Public - G

Job Duties

Loan Fund Administration
• Manage day-to-day operations of the Equity Business Loan Fund.
• Manage day-to-day aspects of the fund’s CDFI collaboration
• Oversee loan application intake, review, and processing, disbursements and applicant communications.
• Ensure compliance with fund guidelines, underwriting standards, and regulatory requirements.
• Maintain accurate records of grant and loan approval and funding timelines, grant and loan disbursements, loan repayments, borrower compliance, and fund communications.
• Assist in loan fund performance evaluation and assessment and preparation of the annual report.

Client Support & Technical Assistance
• Provide guidance to applicants throughout the loan and/or grant process.
• Assist clients in preparing financial documentation and business plans.
• Refer clients to business development resources and financial counseling as needed.
• Monitor borrower progress and offer post-loan support.

Underwriting & Risk Management
• Conduct financial analysis and risk assessments of loan applications.
• Collaborate with underwriting teams or committees to evaluate loan eligibility.
• Recommend loan terms and conditions based on client capacity and fund policies.
• Track portfolio performance and identify potential risks.

Community Relations
• Promote the loan fund through outreach events, workshops, and marketing campaigns.
• Build relationships with community organizations, financial institutions, and local governments.
• Advocate for equitable access to capital and inclusive lending practices.
• Collect feedback from stakeholders to improve fund accessibility and impact.

Reporting & Compliance
• Prepare regular reports on fund performance, grant and loan activity, and impact metrics.
• Ensure compliance with federal, state, and local regulations.
• Support audits, evaluations, and funder reporting requirements.
• Maintain confidentiality and data integrity in all operations.

Other duties as assigned
• Follow workplace safety regulations and adhere to applicable standards, processes, and programs established for your position.
• Report unsafe work conditions to your supervisor.
• Immediately report work-related incidents to your supervisor and participate in accident investigation requests.

Minimum Qualifications

KNOWLEDGE, SKILLS AND ABILITIES
• Principles of community lending, small business finance, and economic development.
• Loan underwriting, portfolio management, and compliance standards.
• Barriers to capital access for underserved populations. Grant and fund management practices.
• Strong financial analysis, reporting and documentation review skills.
• Excellent communication and interpersonal abilities.
• Proficiency in loan management systems and financial software.
• Project management and organizational skills.
• Build trust with diverse communities and stakeholders.
• Navigate complex regulatory and compliance environments.
• Work independently and collaboratively across teams.
• Adapt to changing program needs and priorities.


Recommended Education
• Bachelor’s degree in Finance, Accounting, Business Administration, Public Administration, Economics, or a related field, or equivalent combination of education and professional experience.

Recommended Experience
• Minimum of 4 years of experience in loan fund administration, financial services, mission-driven finance, and/or economic development.
• Experience working with underserved communities and small businesses.

Additional Considerations

Optional Education
• Master’s degree preferred or equivalent experience in accounting, finance, business administration, public administration, economic development, or community development finance.

Special Instructions

You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.

Contact Information

Name: VCCA Recruitment Team

Phone: 804-653-9735

Email: recruitment@cca.virginia.gov

In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.

Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.

Advertised: 21 Oct 2026 Eastern Daylight Time
Applications close: 04 Nov 2026 Eastern Standard Time

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