Minnesota Department of Employment and Economic Development · 9 hours ago
Economic Development Finance Program Coordinator - State Program Administrator Coordinator
St Paul, MN
Full-time
Hybrid
Mid Level
$37.26/hr - $55.42/hr
4+ years expThe Minnesota Department of Employment and Economic Development is dedicated to improving the well-being and quality of life for all Minnesotans. This position provides advanced professional leadership in administering major economic development financing programs and coordinating statewide activities while managing complex business subsidy programs.
Government Administration
No H1B
Responsibilities
Provides advanced professional leadership in the administration of major economic development financing programs
Serves as the agency’s primary coordinator for the statewide activities of the Minnesota Agricultural and Economic Development Board (MAEDB)
Manages structurally complex, politically sensitive, and high-value business subsidy programs—including the Minnesota Forward Fund and 21st Century Fund
Ensures these programs operate in alignment with statutory requirements, agency priorities, and sound financial practices
Evaluates project proposals, structures multi-layered financing packages, negotiates directly with businesses, and advises senior leadership on strategies that balance economic impact with financial and legal risk
Prepares and ensures the accuracy of public documents such as program guidelines, annual reports, legislative materials, fiscal notes, budget requests, and financing agreements
Provides technical assistance to communities and businesses, monitors compliance with state and federal requirements, and implements corrective actions when necessary
Provides specialized compliance expertise to the Office of Business Finance, advising managers and program staff on statutory interpretation, regulatory requirements, and risk mitigation
Communicates complex financial, statutory, and programmatic concepts to diverse audiences
Operates with significant independence and is accountable for the accuracy, completeness, and legal sufficiency of all program and Board-related documents
Travels for client and project monitoring throughout the state a few times a month
Qualification
Required
Four (4) years of professional experience in economic development, public finance, commercial lending, government program administration, or a related field as determined by the agency
Bachelor's degree in Business, Accounting, Finance, Public Administration, Public Policy or other closely related field as determined by the agency may substitute for one (1) year of experience; master's degree substitute for eighteen (18) months of experience
Experience interpreting and applying state or federal statutes, rules, regulations, or program requirements
Experience coordinating economic development projects or programs involving multiple stakeholders, agencies, or partners
Experience supporting or staffing boards, commissions, or high-level decision-making bodies, including preparing agendas, briefing materials, and public documents
Preferred
Experience administering or structuring public-sector financing tools, such as loans, grants, tax incentives, conduit bonds, or other business subsidy programs
Experience preparing formal documents such as reports, program guidelines, contracts, legal agreements, or legislative materials
Experience analyzing financial statements, collateral structures, assessing project feasibility, and evaluating financial and legal risk
Preferred candidates will have a variety of experiences working effectively with others from different backgrounds and cultures
Benefits
Paid vacation and sick leave
12 paid holidays each year
Low-cost medical, dental, vision, and prescription drug plans
Fertility care, including IVF
Diabetes care
Dental and orthodontic care for adults and children
6 weeks paid leave for parents of newborn or newly adopted children
Pension plan that provides income when you retire (after working at least three years)
Employer paid life insurance to provide support for your family in the event of death
Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury
Tax-free expense accounts for health, dental, and dependent care
Resources that provide support and promote physical, emotional, social, and financial well-being
Training, classes, and professional development
Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov)
Employee Assistance Program (EAP) for work/life support
A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance
Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues
Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care
Company
Minnesota Department of Employment and Economic Development
Minnesota Department of Employment and Economic Development promote business recruitment, expansion, and retention.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Abdullahi Mohamed
Deputy Chief Financial Officer
Elizabeth Frosch
Deputy Commissioner and Chief Operating Officer
Recent News
2025-11-27
Morningstar.com
2025-10-20
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