Senior Economic Development Coordinator
1 month ago
Are you passionate about fostering economic growth and supporting community development? Our client is looking for a dynamic Senior Economic Development Coordinator to join our team. In this role, you'll play a crucial part in managing and overseeing projects requesting incentives, from initiation and underwriting to approval and ongoing oversight. If you have a knack for financial projections, tax analysis, and loan underwriting, and you thrive in a collaborative environment, we want to hear from you
Why You'll Love Working Here
- Impactful Work: Be a part of transformative projects that shape the future of Tulsa, contributing to both market-rate and affordable real estate developments.
- Collaborative Environment: Join a supportive team where your ideas and expertise are valued, and work alongside experienced professionals dedicated to economic development.
- Professional Growth: Access opportunities for continuous learning and career advancement, with exposure to a variety of incentive programs and financial structures.
- Community Focus: Make a tangible difference in the community by supporting local businesses and developers through innovative financial solutions.
What You Will Do...
- Manage Project Pipelines: Oversee the financial analysis and management of projects within our pipeline, engaging with companies and developers to identify key drivers and project gaps.
- Collaborate on Incentives: Assist the Director of Incentives with the evaluation, application, and approval process, ensuring clear communication among the deal team and clients.
- Prepare Loan Review Packets: Develop comprehensive loan review packets, including write-ups, risk ratings, spreads, and term sheets.
- Develop and Manage Guidelines: Work with senior leadership to create and refine financial incentive program guidelines, and manage oversight and compliance of these programs.
- Coordinate with Clients: Ensure contract and reporting requirements are met by coordinating with clients regarding current contracts and incentive programs.
- Maximize Loan Programs: Enhance coordination with local, state, and federal loan programs to better serve business borrowers in Tulsa.
You'll Know You're a Good Fit for This Position If You Have...
- Educational Background: A Bachelor's degree in a related field (Master's degree preferred).
- Relevant Experience: At least 3 years of experience in credit analysis, real estate development, real estate finance, government incentive programs, project management, or finance.
- Knowledge and Skills: Proficiency in real estate finance, housing development, both market-rate and affordable, development finance, for-profits and nonprofits, and a solid understanding of loan underwriting and structuring. Knowledge or understanding of the City of Tulsa and State of Oklahoma's incentive programs such as Tax Increment Financing, Downtown Development Redevelopment Fund, Affordable Housing Trust Fund, etc. Knowledge of General Development aspects such as land acquisition, entitlement, funding sources and financial structures.
- Organizational Skills: Strong organizational abilities and the capacity to work under pressure and meet deadlines.
- Problem-Solving Ability: A proactive mindset with the ability to anticipate obstacles and create effective solutions.
- Work Ethic: A strong work ethic, a positive and proactive attitude, and a sense of humor.
Ready to Join Us?
We are waiting for a driven and passionate individual like you to make a significant impact on our community. Bring your finance and economic planning skills to our team and watch what great things we do together for Tulsa
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