Senior Economic Development Manager

Job Description

Salt Lake County A career with a purpose in the community you love!

Salt Lake County invites you to explore our exciting career opportunities. We seek highly enthusiastic individuals to enrich our County with your experience and talent. If you enjoy working in a team environment committed to changing its community's lives, please keep reading.

What it is like to work here:

At Salt Lake County, our culture is woven into all aspects of our work and employees' lives, from how we treat each other to how we support the community. To promote and foster a fun and healthy work environment, we appreciate employees through great benefits, a healthy work-life balance, and room to grow and develop.

Surround yourself with:

Peers who are motivated to make a difference in the lives of those we serve. We serve Salt Lake County and envision a safe and beautiful place for all to live, work, and have fun. Salt Lake County is about connecting people and championing our community. Community is more than a place; it's our heart and service that bring us together.

We encourage a work-life balance:

Working for Salt Lake County is more than just a paycheck. A career with Salt Lake County includes several benefits and perks. We support our employees with 12 Holidays, up to 24 vacation days, 12 sick days, and one personal day every year. We work in a hybrid environment, giving you the flexibility to work from home and in the office.

Additional Benefits include:

• Retirement options for hybrid pension/401(k) or 401(k) only with a 10% contribution
• Medical coverage, including a 100% county paid premium option
• Dental and Vision coverage, including coverage for adult designeesHealth Savings account with a county contribution up to $1200/year, Flexible Spending Account
• 100% county-paid Long-Term Disability and Short-Term Disability option
• Professional Development
• Plus: Onsite medical clinic and gym; hospital insurance, pet insurance, auto and home insurance, and discounts at County facilities.

JOB SUMMARY

Manages the Economic Development department's vitality in Salt Lake County's development finance portfolio. Puts together development finance agreements to improve neighborhoods, communities, and people's quality of life. Manages and strengthens relationships with external partner organizations.

MINIMUM QUALIFICATIONS

Bachelor's degree from an accredited college or university in Business Administration, Communication, Finance, Marketing, Economics, or other closely related field, plus five (5) years of related experience; of which two (2) years must have been in a supervisory capacity; OR an equivalent combination of related education and experience. Education may not be substituted for the required supervisory experience or the required real property appraisal experience.

Due to the nature of this position, the successful applicant must pass a required background check through fingerprinting and enrollment in the continuous RAP Back (Record of Arrest and Prosecution Back) program in accordance with current County Human Resources policy requirements.

ESSENTIAL FUNCTIONS

• Supervise staff, which includes hiring, orienting, training, assigning, and reviewing work performance, annual work performance appraisals, and discipline.
• Oversees the administration of the Tax Increment Financing (TIF) program for Salt Lake County.
• Manages TIF proposals from submission through approval by the Mayor and County Council, and then compliance or evaluation of return on investment.
• Performs due diligence on TIF proposals, reviewing pro formas to evaluate proposed financing gaps and market failures. Writes project memos to evaluate TIF proposals and brief County staff.
• Meets with municipal redevelopment agencies to discuss potential redevelopment projects, occasionally walking potential project areas, or reviewing opportunities with other parties
• Meets with property developers to discuss potential redevelopment projects, to improve understanding of barriers to investment in the County, and to improve awareness of industry issues
• Meets with other taxing entities, and non-profit, municipal, state, and federal organizations involved in development finance projects to build a strong consensus around the participation demographics in the various projects to understand how to target messaging and opportunities.
• Track property or areas within the County that underachieve due to market failures or development impediments.
• Manages the Environmental Protection Agency (EPA) grant programs. This requires developing written policies and procedures, designing programs, developing marketing strategies, screening and analyzing projects, establishing public/private partnerships, and implementing a comprehensive approval process. Underwrites, services, and monitors all loans/sub-grants in portfolio and negotiates federal funding renewals.
• Actively builds and strengthens relationships with stakeholders and external partner organizations, while also facilitating connections among them.
• Actively communicates with partner organizations on potential improvements to proposals.
• Coordinates with consultants to get sufficient due diligence or improvements on TIF proposals.
• Partners with municipal agencies on TIF proposals for any potential improvement.
• Oversees research, strategy, partnerships, and contracts for applicable programs and projects assigned.
• Manages oversight of active projects to ensure compliance and to evaluate return on investment, which will inform future project participation.
• Works with research partners on collaborative research to understand the return on investment for development finance projects.
• Assists in developing, analyzing, and submitting the annual revenue and expenditure budget plan and mid-year adjustments for applicable programs and ensures that project goals are met.
• Makes presentations to councils, commissions, business leaders, and the public on behalf of the department.
• Prepares publications, materials, business presentations, marketing collateral, and other educational materials.
• Performs data and statistical analysis; creates statistical reports, graphs, images, and lists to simplify complex data.

KNOWLEDGE, SKILLS, AND ABILITIES (KSA)

Knowledge of:

• Principles and techniques of management and supervision
• Prefer experience with Tax Increment Financing (TIF) - in the absence of such experience, must have a strong quantitative background and demonstrate experience in structuring and executing financing agreements
• Redevelopment principles and methods
• Commercial Real Estate Development
• Market analysis and pro formas
• Research and data collection methods
• Program evaluation strategies and techniques
• Comprehensive master planning
• Public hearing procedures
• Community outreach methods and techniques
• Project implementation and monitoring
• Computer software, programs, and web writing related to job-specific duties
• Effective negotiation techniques and strategies
• Local, state, and federal government operations and redevelopment regulations

Skills and Abilities to:

• Analyze and compile technical and statistical information, prepare technical reports, and present technical information clearly and concisely
• Communicate effectively both verbally and in writing, and deliver public speeches, presentations, and trainings
• Perform budget planning and preparation
• Interpret and prepare market analysis and pro forma
• Interact effectively with various persons and groups
• Perform a variety of tasks at one time and work independently
• Supervise the collection, analysis, and interpretation of data
• Ability to promote and advocate policy, goals, and initiatives
• Negotiate complex issues having broad policy implications with a variety of stakeholders
• Effectively apply general principles to specific situations and interpret and implement complex rules, regulations, policies, and procedures
• Prepare and present detailed reports

WORKING CONDITIONS AND PHYSICAL REQUIREMENTS

Work duties are typically performed in a general office setting.

May require travel to locations throughout the County.