Senior Economic Development Manager

Salt Lake County•Salt Lake City, UT

1d•Hybrid

About The Position

Salt Lake County is seeking a highly enthusiastic Senior Economic Development Manager to join their team. This role is responsible for managing the Economic Development department's vitality within Salt Lake County's development finance portfolio. The position involves creating development finance agreements to enhance neighborhoods, communities, and the quality of life for residents. A key aspect of this role is managing and strengthening relationships with external partner organizations. Salt Lake County fosters a culture of purpose, community, and work-life balance, offering great benefits and opportunities for growth.

Requirements

Bachelor's degree from an accredited college or university in Business Administration, Communication, Finance, Marketing, Economics, or other closely related field.
Five (5) years of related experience.
Two (2) years of supervisory experience.
Must pass a required background check through fingerprinting and enrollment in the continuous RAP Back program.
Knowledge of principles and techniques of management and supervision.
Knowledge of redevelopment principles and methods.
Knowledge of commercial real estate development.
Knowledge of market analysis and pro formas.
Knowledge of research and data collection methods.
Knowledge of program evaluation strategies and techniques.
Knowledge of comprehensive master planning.
Knowledge of public hearing procedures.
Knowledge of community outreach methods and techniques.
Knowledge of project implementation and monitoring.
Knowledge of computer software, programs, and web writing related to job-specific duties.
Knowledge of effective negotiation techniques and strategies.
Knowledge of local, state, and federal government operations and redevelopment regulations.
Ability to analyze and compile technical and statistical information, prepare technical reports, and present technical information clearly and concisely.
Ability to communicate effectively both verbally and in writing, and deliver public speeches, presentations, and trainings.
Ability to perform budget planning and preparation.
Ability to interpret and prepare market analysis and pro forma.
Ability to interact effectively with various persons and groups.
Ability to perform a variety of tasks at one time and work independently.
Ability to supervise the collection, analysis, and interpretation of data.
Ability to promote and advocate policy, goals, and initiatives.
Ability to negotiate complex issues having broad policy implications with a variety of stakeholders.
Ability to effectively apply general principles to specific situations and interpret and implement complex rules, regulations, policies, and procedures.
Ability to prepare and present detailed reports.

Nice To Haves

Experience with Tax Increment Financing (TIF).
In the absence of TIF experience, must have a strong quantitative background and demonstrate experience in structuring and executing financing agreements.

Responsibilities

Supervise staff, including hiring, orienting, training, assigning, and reviewing work performance, conducting annual work performance appraisals, and handling discipline.
Oversee the administration of the Tax Increment Financing (TIF) program for Salt Lake County.
Manage TIF proposals from submission through approval by the Mayor and County Council, and subsequent compliance or evaluation of return on investment.
Perform due diligence on TIF proposals, reviewing pro formas to evaluate proposed financing gaps and market failures.
Write project memos to evaluate TIF proposals and brief County staff.
Meet with municipal redevelopment agencies to discuss potential redevelopment projects, occasionally walking potential project areas, or reviewing opportunities with other parties.
Meet 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.
Meet with other taxing entities, and non-profit, municipal, state, and federal organizations involved in development finance projects to build a strong consensus around participation demographics and to understand how to target messaging and opportunities.
Track property or areas within the County that underachieve due to market failures or development impediments.
Manage the Environmental Protection Agency (EPA) grant programs, which includes developing written policies and procedures, designing programs, developing marketing strategies, screening and analyzing projects, establishing public/private partnerships, and implementing a comprehensive approval process.
Underwrite, service, and monitor all loans/sub-grants in the portfolio and negotiate federal funding renewals.
Actively build and strengthen relationships with stakeholders and external partner organizations, while also facilitating connections among them.
Actively communicate with partner organizations on potential improvements to proposals.
Coordinate with consultants to obtain sufficient due diligence or improvements on TIF proposals.
Partner with municipal agencies on TIF proposals for any potential improvement.
Oversee research, strategy, partnerships, and contracts for applicable programs and projects assigned.
Manage oversight of active projects to ensure compliance and to evaluate return on investment, which will inform future project participation.
Work with research partners on collaborative research to understand the return on investment for development finance projects.
Assist in developing, analyzing, and submitting the annual revenue and expenditure budget plan and mid-year adjustments for applicable programs and ensure that project goals are met.
Make presentations to councils, commissions, business leaders, and the public on behalf of the department.
Prepare publications, materials, business presentations, marketing collateral, and other educational materials.
Perform data and statistical analysis; create statistical reports, graphs, images, and lists to simplify complex data.

Benefits

12 Holidays
Up to 24 vacation days
12 sick days
One personal day every year
Hybrid work environment
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 designees
Health Savings account with a county contribution up to $1200/year
Flexible Spending Account
100% county-paid Long-Term Disability
Short-Term Disability option
Professional Development
Onsite medical clinic
Onsite gym
Hospital insurance
Pet insurance
Auto and home insurance
Discounts at County facilities