Small, Minority, Women-Owned Business Account Program Manager

State of Maryland•Baltimore City, MD
•Onsite

About The Position

The Maryland Department of Commerce is seeking a Small, Minority, Women-Owned Business Account Program Manager (SMWOBA) in the Office of Finance Programs within the Division of Business Growth & Attraction. This Management Service position serves at the pleasure of the Appointing Authority and is located at the World Trade Center in Baltimore, Maryland. The Program Manager administers, oversees, and strategically manages the SMWOBA program and serves as the primary conductor for the State’s Video Lottery Terminal Fund (VLT) program. The role ensures compliance with applicable statutes, regulations, financial policies, procurement requirements, and program objectives, supporting effective fund oversight, financial accountability, stakeholder coordination, and legislative awareness. It is the central point of engagement among fund managers, financial institutions, Commerce leadership, auditors, legal counsel, and external stakeholders, with responsibility for accurate reporting and responsible stewardship of public funds.

Requirements

  • Bachelor’s degree from an accredited college or university in Finance, Accounting, Economics, Business Administration, or a closely related field; an equivalent combination of education and experience in a closely related field may be considered.
  • Eight years of experience in administrative or professional work.
  • Five years of experience involving commercial bank lending, underwriting, analysis of project information, financial statements, projections, portfolio and credit analysis and reports, grant administration, collateral evaluations, and loan documentation.
  • Excellent interpersonal, written, oral communication, and leadership skills.
  • Ability to read, analyze, and interpret financial statements, business plans, and financial reports, and conduct analysis.
  • Ability to collect data, establish facts, define problems, and recommend solutions.
  • Ability to work with high-level public- and private-sector officials, maintain effective working relationships, and handle multiple concurrent high-priority projects.
  • Familiarity with business and fund accounting and finance.
  • Proficiency with Microsoft Office Suite, Google Mail and Workplace, Salesforce, and/or other relevant programs.
  • A valid driver’s license is required if assigned duties that involve operating a motor vehicle.

Nice To Haves

  • Advanced degree.
  • Demonstrated experience providing financing assistance to small, minority, and women-owned businesses.
  • Experience in fund and grant administration.
  • Four years of proven leadership or supervisory experience over a program.
  • Knowledge and experience in state government procurement, financial systems, laws, regulations, and policies.

Responsibilities

  • Administer, oversee, and strategically manage the SMWOBA program and serve as the primary conductor for the State’s VLT program.
  • Ensure compliance with applicable statutes, regulations, financial policies, procurement requirements, and program objectives.
  • Promote the program across the State.
  • Oversee solicitation, procurement, selection, and onboarding of new fund managers.
  • Develop and manage contacts with fund managers.
  • Coordinate legislative inquiries and manage legislative requests.
  • Analyze program performance metrics and recommend operational improvements.
  • Prepare executive-level reports and provide ongoing performance monitoring.
  • Coordinate with fund managers, financial institutions, Commerce leadership, auditors, legal counsel, and external stakeholders.
  • Maintain accurate reporting and responsible stewardship of public funds.
© 2026 Teal Labs, Inc
Privacy PolicyTerms of Service