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ECONOMIC DEVELOPMENT SUPERVISOR/EXPERT

State of Arkansas · Little Rock, Arkansas, US

Position Summary The Economic Development Supervisor/Expert will function as the Director of Business Finance.

Job description

Position Summary The Economic Development Supervisor/Expert will function as the Director of Business Finance. The Director of Business Finance is responsible for managing the lending and equity support programs of the Arkansas Economic Development Commission (AEDC) by managing division staff, performing the financial analysis of projects, and presenting recommendations for approval to the Arkansas Economic Development Council or the Executive Management of AEDC. This position requires on-site employment with no remote or hybrid options available. Preferred Qualification: Master of Business Administration: Job Responsibilities and Expected Results: - Provide guidance and counsel to department staff to assist with projects and professional development. - Maintain a strong relationship with AEDC commissioners by making regular reports on the current portfolio of companies with guaranteed bonds; making regular reports on the bond guaranty reserve account levels; recommending projects for approval; working with professionals to ensure that bond issues are closed in accordance with the requirements of the Commission approval. - Manage the bond guaranty portfolio investments to attain ma...