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Chief Operating Officer; COO

Job in Rockville, Montgomery County, Maryland, 20849, USA
Listing for: Montgomery County Economic Development Corporation - Maryland
Full Time position
Listed on 2026-01-12
Job specializations:
  • Management
    Business Management, Corporate Strategy, Operations Manager, Business Analyst
  • Business
    Business Management, Corporate Strategy, Operations Manager, Business Analyst
Salary/Wage Range or Industry Benchmark: 250000 USD Yearly USD 250000.00 YEAR
Job Description & How to Apply Below
Position: Chief Operating Officer (COO)

About MCEDC

The Montgomery County Economic Development Corporation (MCEDC) drives business growth and economic vitality in Montgomery County, Maryland, by connecting companies in priority industry sectors to the resources they need to grow and succeed, strengthening a competitive business environment, and promoting the county as a leading destination for innovation and investment.

MCEDC is building a next-level, high-performance economic development team driven to deliver bold ideas, foster collaboration, and create lasting impact across the region. Our staff works closely with public and private sector partners to support business growth in Montgomery County’s key industries, leverage data and market insights, and help shape a more competitive, inclusive, and resilient economy.

Position Overview

The COO is the CEO’s internal counterpart responsible for turning strategy into execution. While the CEO focuses externally (partnerships, visibility, business development, and thought leadership), the COO leads internal delivery: aligning teams to goals, establishing clear processes and metrics, and holding the organization accountable for results. Financial stewardship is important, but the core mandate is execution, coordination, collaboration, and measurable progress against MCEDC’s strategic plan.

The COO will oversee all facets of MCEDC’s operations – including finance, administration, and economic development initiatives – while ensuring alignment with the CEO’s vision and the organization’s mission. In addition to operational and financial leadership, the COO will play a critical role in shaping and sustaining MCEDC’s organizational culture, ensuring that values of collaboration, innovation, and accountability are embedded throughout the team.

This position is pivotal in shaping MCEDC’s long-term sustainability, fostering partnerships, and building a high-performing team culture.

Key Responsibilities Strategic Execution & Team Alignment
  • Translate the CEO’s vision and strategic plan into actionable goals, milestones, and measurable outcomes.
  • Establish and maintain organizational OKRs; ensure departmental plans align to enterprise priorities.
  • Run the operating rhythm: weekly leadership huddles, monthly operating reviews, quarterly strategy refresh.
Operational Excellence & Process
  • Design, document, and implement core processes to drive consistency and clarity across teams.
  • Build transparency tools (scorecards, dashboards) so leaders can manage by data.
  • Identify bottlenecks early and remove obstacles and institute corrective action plans.
  • Ensure compliance with local, state, and federal regulations governing business operations.
  • Maintain practical internal controls and risk management practices that support execution.
Business Development Accountability
  • Partner with CEO and BD leads to set pipeline targets and stage definitions.
  • Create accountability mechanisms (ownership, timelines, follow-through) and weekly BD cadence.
  • Report BD performance to CEO/Board; integrate learnings into resource allocation.
Financial Stewardship (Budget-to-Strategy)
  • Align annual and multi-year budgets to strategic priorities; ensure resources follow strategy.
  • Oversee financial planning, forecasting, and analysis to ensure fiscal health and transparency.
  • Maintain transparent financial reporting that informs decision‑making.
  • Provide strategic recommendations to the CEO and Board on resource allocation and investment priorities.
Stakeholder Coordination & Partnerships
  • Build internal coordination protocols for key stakeholders (county/state partners, industry groups, investors, community organizations).
  • Ensure timely, consistent, and coordinated engagement to track commitments and outcomes.
  • Represent MCEDC at meetings, events, and regional initiatives to advance economic development goals.
Board & Governance Support
  • Partner with the CEO on board meeting cadence, materials, and governance best practices.
  • Translate board direction into executable plans with clear ownership and timelines.
Culture, Talent, and Leadership Development
  • Model inclusive, high-performance leadership; set expectations for collaboration and accountability.
  • Coach managers on goal…
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