Managing Director - Real Estate Tax Credits Programs

Overview

Join the NJEDA and help lead New Jersey to sustainable economic growth, fostering equitable opportunities and vibrant communities. We offer hybrid work, a supportive culture, and robust benefits, including health insurance, retirement plans, and extensive wellness programs. Make a tangible impact and shape New Jersey's future with innovative economic development at NJEDA.

The role is a senior leadership position within the NJEDA Real Estate Tax Credit Department, responsible for overseeing the Authority’s real estate portfolio of tax credits and incentives, leading strategic development projects, and driving programs such as Aspire, CAFÉ, Brownfields, Historic Tax Credits, and more.

Compensation
: $129,744 - $145,962

Note: The NJEDA currently offers a hybrid work schedule for up to 2 days of telecommute work from home. Participation requires high speed home internet access and manager approval. This program does not supersede the "New Jersey First Act," which requires newly hired NJEDA employees to establish and maintain a principal residence in the State of New Jersey.

• Duties
  • Leads the team in managing real estate programs that support the state’s real estate development projects from conception to closing, including project financial analysis. The suite of programs anchored by Aspire and CAFÉ.
  • Reports out on the results of the real estate incentive and tax credit programs and actively manages the transaction product pipeline.
• Projects
  • Oversees new programs as authorized by the Legislature around direct real estate development or supporting private sector real estate development.
  • Directs the implementation of projects to meet the EDA’s fiscal and policy objectives and oversees development of transaction project pipeline to ensure ongoing delivery of new economic development projects.
  • Presents or oversees presentations to stakeholders internally and externally.
• Goals and Objectives
  • New Initiatives:
    Implements programs and projects authorized by statute focusing on both direct public development and support for private sector activities.
  • Ensures delivery from initial concept through financial close, often including cross-agency or public-private collaboration.
  • Directs project execution to meet both EDA fiscal goals and statewide policy priorities.
• Collaboration
  • Works cross-organizationally to achieve state economic development objectives, while meeting EDA performance goals.
  • Serves as a resource to stakeholders, the NJEDA Board, and partner agencies on real estate and development activities.
• Reporting Structure
  • Reports directly to the Chief Tax Credit & Incentives Officer and is a member of the NJEDA’s Operating Committee.
  • Oversees, directs, and organizes the Real Estate Development & Programs teams and their products.
  • Must complete annual self-assessment as required.
  • Performs other duties and special projects, as assigned.

• Technical
  
  Skills:
  
  
  • In-depth knowledge of real estate development practices and economic development and planning.
  • Understanding of property and facility management, construction and design issues, and urban planning.
  • Knowledge of regulatory and permitting issues surrounding real estate development.
  • Knowledge of state government entities and requirements.
• Soft Skills:
  • Outstanding Communication:
    Exceptional written, verbal, interpersonal, and presentation abilities with diverse stakeholders, including senior management, the EDA Board, staff, government officials, partners, and clients.
  • Analytical Communication and Stakeholder
    
    Collaboration:
    
    Ability to explain complex capital structures and financing strategies to partners and investors.
  • Leadership and Team Motivation:
    Inspires and leads teams with a focus on results, accountability, ownership, and departmental objectives.
  • Culture Building:
    Champions a high-performance culture with collaboration and continuous professional growth.
  • Project Management Excellence:
    Applies advanced project management to interpret regulations and improve processes and systems.
  • EDA Leadership Profile:
    Talent Management, Cross-Functional Collaboration, Vision-Driven Results, Innovation and Change.
• Experience:
  • Minimum 10 years in a…