Vice President of Community Investment – South Region

About MassDevelopment:

MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, banks, and communities to stimulate economic growth across the Commonwealth. During FY2022, MassDevelopment financed or managed 356 projects generating investment of more than $1.69 billion in the Massachusetts economy. These projects are estimated to create or support 11,080 jobs and build or preserve 1,778 housing units.

Why join our team?

MassDevelopment is committed to achieving three goals: stimulating business, driving economic growth, and helping communities across Massachusetts. Join our team of dedicated professionals to help drive our mission and make a meaningful impact in the communities where we live and work. MassDevelopment fosters a diverse and inclusive workplace and encourages all qualified applicants, including people of color, women, protected veterans, and individuals with disabilities, to apply.

Our total rewards package offers many generous benefits, including:

Premium Medical and Dental Coverage
Employer Contributions to Retirement Savings Plans
- 7.5% employer contribution into a 401(a) Defined Contribution Plan
- 457(b) (with employer match up to 5%)
Flexible Spending Accounts (FSAs)
Employer-Paid Short- and Long-Term Disability
Paid Parenting Leave
Paid Time Off
12 Paid Holidays
Fitness/Wellness Reimbursement
Tuition Reimbursement
Student Loan Reimbursement
Matching Gifts
Transportation Reimbursement
Variety of Hybrid Work Opportunities

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Job Summary:

MassDevelopment is accepting applications for Vice President of Community Investment – South Region within the Community Development division. This position will be a hybrid model, with a combination of remote work and in-office work in our Fall River office.

Under the general direction of the Senior Vice President of Community Investment, the Vice President of Community Investment will work with governmental entities, nonprofit organizations, and private developers to solve pressing community problems, and advance and administer agency programs and services. Programmatically the position serves as the regional lead for several agency grant programs, including brownfields redevelopment financing, collaborative workspace funding, and certain cross functional projects and initiatives in partnership with other agency departments.

The Vice President of Community Investment will work with institutional stakeholders, including Transformative Development Initiative (TDI) partnerships, to advise and assist in identifying various issues and solutions as well as potential funding sources that may be of assistance in helping to further projects. The ideal candidate for this role will be an active listener, a creative thinker, and one who enjoys working with a wide variety of potential clients and partners to solve problems and advance projects. Every day will be different. If you thrive on finding impactful solutions and proactively finding new ways to support business, housing, and community growth in Massachusetts, let’s talk.

Essential Functions:

Manage a regional portfolio of projects, including identifying, analyzing, underwriting, documenting, and closing projects.
Assess the eligibility and viability of proposed projects for programs and services offered by the agency.
Work with prospective customers to refine project concepts and develop application materials to be submitted to the agency for review.
Solicit, close and manage disbursements and collections of projects.
Monitor closed projects for possible events triggering repayment and work with project sponsors and teams to ensure timely and effective progress of projects.
Maintain productive working relationships with nonprofit developers, for-profit developers, appointed and elected officials.
Write project descriptions, recommendations, and briefings for senior management and the Board of Directors as required.
Other duties as assigned.

Minimum Qualifications:

Bachelor’s degree with a concentration in finance, economics, planning, public policy, real estate, or a related field.
5-7 years experience in local, state or federal government, planning, real estate development or community development.
Or combination of education and experience.
Strong interactive and relationship-building skills with an ability to initiate contacts and effectively present information and respond to questions from potential and existing customers, government officials, the general public, consultants and various outside stakeholders.
Experience working with various project constituencies, including nonprofit advocacy groups and citizens, community and neighborhood organizations.
Knowledge of state and local community issues, finance, real estate, economic development and environmental issues.
Familiarity with and knowledge of federal, state and local economic development programs, incentives and policy initiatives as well as governmental policies and regulations regarding land-use.
Ability to work as part of a team and independently, as needed.
Strong analytical, verbal and written communication skills.
Proficient in Microsoft Office suite (Outlook, Word, Excel).
Possession of a valid driver’s license.
Bilingual a plus.

Preferred Qualifications:

Master’s degree, with a concentration in finance, economics, planning, public policy, real estate or a related field.
Knowledge of real estate development and finance.

Equal Opportunity Employer

MassDevelopment is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, ancestry, age over 40, protected veteran status, disability, sexual orientation, gender identity/expression, marital status, or other protected class.

Interested candidates should click on the link below to apply:

apply here