• Post-Approval Conditions Officer

    Location US-NJ-Trenton
    Job ID
    2018-1337
    Category/Department
    Post-Closing Financial Services - Incentives Relationship Management
  • Overview

    Job Summary

     

    Manages customer relationships of a high-volume portfolio of incentive customers from approval to closing.  Monitors progress and conditions to maintain approval for incentive grants and tax credit awards.  

     $55,643 - $59,554

    Responsibilities

    Essential Duties and Responsibilities

     

    • Serves as the primary customer relationship liaison for complex and significant monetary valued incentives grants or tax credit award recipients, post approval through the closing. Collaboratively coordinates relationship management with Bonds and Incentives, Underwriting, Closing, and Post-Closing.
    • Monitors applicant’s compliance with conditions of approval prior to closing of grant/awards and ensures current financial and other information has been received, reviewed and is satisfactory to fulfill those conditions.  Communicates timing issues, inconsistencies with submissions and has critical/difficult conversations to manage expectations/outcomes of finalizing awards.
    • Meets with existing customers including senior level executives, business consultants and accountants to discuss grant/tax credit award agreements terms to ensure a thorough understanding of conditions required to fulfill the approval.
    • Reviews customer requests for modifications to approvals and prepares recommendation memorandum for approval. Attends Incentives Committee and NJEDA Board meetings to present projects and respond to questions from Board members regarding modification submissions and general program requirements.
    • Promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer focused work environment among division, EDA staff and external customers.
    • Performs other duties and special projects, as assigned.

     

    Required Skills and Abilities

     

    • Excellent customer service skills
    • Strong analytical, technical and organizational skills
    • Ability to prioritize workload, must be highly organized, detail-oriented, handle various tasks simultaneously and work independently within limited time constraints with little or no supervision
    • Ability to manage a large, diverse portfolio of customers simultaneously
    • Must be able to develop a high level of proficiency in understanding and applying NJ statutory and EDA policy guidelines in order to effectively interpret Real Estate Incentive Agreements
    • Ability to communicate effectively both verbally and in writing; proficient in grammar, spelling and editing; and foster communications with business professionals and EDA staff
    • Strong decision-making ability
    • Ability to meet tight deadlines
    • Must be able to maintain confidentiality and deal effectively and diplomatically with business professionals and EDA staff
    • Demonstrates respectful behavior and promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer focused work environment among division, EDA staff and external customers
    • Proficiency in Microsoft Office Suite and have the ability to learn new software packages

     

    Qualifications

    Required Qualifications

     

    Education and Experience Requirements

    • Bachelor’s Degree and/or equivalent professional experience in Business, Finance, Economic
    • Five years work experience in Business, Finance, Economic Development or related field
    • Real Estate Development, Economic Development and/or Commercial Lending preferred
    • Experience with legal documents a plus
    • Demonstrated experience with finance and secured lending a plus

     

    Advanced degree or industry specific certification may be substituted for 1 year of experience

     

    Physical Demands

    • Minimal
    • Ability to work outside normal business hours, as needed

     

    Travel

    • As necessary to events, meetings, businesses, etc.

     

    Certificates and Licenses Required

    • Valid driver’s license

     

    Note

     

    The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job description. Conversely, all duties performed on the job may not be listed. This job description is intended to convey information essential to understanding the scope, general nature and level of work performed by job holders within this job.  This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

     

    Your employment at NJEDA is voluntary and subject to termination by you or NJEDA at will, with or without cause, or with or without notice, at any time.  Nothing in this job description shall be interpreted to conflict, eliminate or modify the employment-at-will status of NJEDA employees. 

     

    This position is considered exempt and is excluded from minimum wage, overtime regulations, and other rights and protections afforded nonexempt workers under the FLSA.

     

    NJEDA reserves the right to amend/revise this job description as necessary to meet current and changing business needs.

     

    Equal Opportunity Employer

     

    Position Requirements

     

    • Must comply with the “New Jersey First Act” which requires employees hired after September 1, 2011 to reside in New Jersey. Non-New Jersey resident employees must relocate to New Jersey within one year of their date of hire and provide proof of residency to Human Resources.
    • Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.

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