Senior Product Officer - Green Bank
US-NJ-Newark
Job ID: 2024-2090
Type: Regular Full-Time
# of Openings: 1
Category: Clean Energy Program
NJEDA
Overview
Job Summary
The Office of Economic Transformation’s (OET’s) mission is to accelerate the growth of New Jersey’s economy by conceiving and implementing initiatives that enhance the State’s long-term economic competitiveness and establish New Jersey as an innovation leader within key strategic sectors, including life sciences and technology, transportation and logistics, clean energy, offshore wind, financial services and advanced manufacturing. The Senior Project Officer will work directly with team members and stakeholders on projects that accelerate New Jersey’s growth within the clean energy sector, including but not limited to solar, energy storage, green finance, energy efficiency and zero emission transportation. The position requires finance creativity to assist in the deployment of new and existing clean energy programs into the marketplace. In addition, the position requires an understanding of loan analysis, project, and infrastructure finance.
$85,680 - $107,100
Note: The NJEDA currently offers a hybrid work schedule for up to 2 days of telecommute work from home. To participate, you will be required to have high speed home internet access and a managers approval. This program does not supersede the "New Jersey First Act", which requires newly hired NJEDA employees to establish and then maintain, principal residence in the State of New Jersey.
Responsibilities
Essential Duties and Responsibilities
- Help lead OET’s role in meeting the State of New Jersey’s clean energy initiatives
- Performs comprehensive economic and financial analysis of energy efficiency, renewable energy, and environmental infrastructure programs, including financial modeling and credit underwriting
- Supports financial product development and clean energy market analysis for the deployment of clean energy programs
- Develops, pilots, and scales initiatives and programs that strengthen the State’s innovation ecosystem and increase competitiveness in the Clean Energy sector; these efforts may include contributing to the development of sector-focused strategies and programs, identifying, and engaging key companies and broader stakeholders, conducting quantitative and qualitative analyses, defining program implementation plans, impact metrics, budgets, etc.
- Independently monitors achievement of milestones and budgets for existing projects
- Develops and maintains deep industry expertise for EDA through project-based research and analysis; these efforts may include tracking industry trends at the state, regional, and national level, identifying which key industry issues state government could help to resolve, providing industry and policy updates to internal government stakeholders
- Collaborates with team members to manage relationships with key industry stakeholders and acts as an industry-development advocate; these efforts may include representing the Authority at industry events, conducting company research, and acting as a company liaison within EDA
- Leads independent work and small project teams to execute sector strategies
- Advises Authority leadership, Governor’s Office members, and other sister agency members on policy and technical matters related to Clean Energy sector topics and initiatives
- Represent the Authority at industry events or meetings – demonstrating knowledge of the Authority’s products and industry needs – and serve as a conduit for any leads discovered through these venues Mentors new Project Officers within the OET, especially those working on clean energy topics, including review their work, and providing subject matter expertise on their efforts
- Demonstrates a leadership and ownership mindset within the OET
- Supports the achievement of OET department goals; reviews and evaluates own performance against key metrics
- Helps to institutionalize best practices, documenting processes and advocating for the implementation of needed systems and policies
- Supports on other OET strategic initiatives as necessary
- Performs duties to the highest standards of ethics and professionalism
- Promotes teamwork and communication to encourage an interactive, cooperative, collaborative, and customer- focused work environment among division, EDA staff, and external customers
- Must complete annual and semiannual self-assessment as required.
- Performs other duties and special projects, as assigned.
Skills and Abilities
Problem solving and communication
- Experience with project and program management
- Ability to analyze financial information, business plans, and complex financial and legal documents
- Ability to perform financial modeling, credit underwriting and due diligence on clean energy projects
- Ability to synthesize findings and propose actionable solutions
- Strong written and oral presentation skills
- Ability to work on small project teams tackling complex and challenging work
- Ability to communicate effectively both verbally and in writing; proficient in grammar, spelling and editing; and foster communications with business professionals and EDA staff
Ability to build industry expertise
- Ability to engage in the technical details of the Clean Energy sector and related supply chain development
- Ability to identify programs and initiatives via conversations with key stakeholders and monitor successful programs from other states and countries
- Knowledge and understanding of economic development, sector development approaches, innovation-focused development, and public policy and governance related to the Clean Energy sector
- Understanding of EDA’s existing programs and services
Entrepreneurial leadership
- Demonstrated ability to self-motivate and self-lead own work planning and execution with a strong results orientation
- Ability to prioritize workload, must be highly organized, detail-oriented, handle various tasks simultaneously and work independently within limited time constraints with little supervision
- Exceptional history of strong performance and consistent high-quality delivery on commitments
- Ability to adapt to changes in work environment and manage competing demands with guidance from leadership on Authority priorities
Customer orientation
- Ability to build strong relationships and contacts within the industry
- Track record of consistently meeting private sector customer service-level expectations
- Must be able to maintain confidentiality and deal effectively and diplomatically with business professionals and EDA staff
Management mindset
- History of sound decision making and ability to understand implications of decisions
- Demonstrated interpersonal skills, including ability to influence and engage team leaders and peers
- Demonstrates respectful behavior and promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer focused work environment among division, EDA staff and external customers.
- Strong ethical orientation, including exercising sound financial stewardship
- Commitment to and passion for EDA’s mission and inspires a sense of shared purpose
- NJEDA utilizes Microsoft as the core application platform and proficiency in the Microsoft Office Suite is preferred
Qualifications
Preferred Qualifications
Education and Experience Requirements
- Bachelor’s Degree, preferably in a relevant field such as business economics, finance, or public policy or equivalent experience
- Minimum 7 years of industry-facing experience in, banking, rating agency, management consulting or government agency
- Experience in a fast-paced, project-based professional services environment that emphasizes teamwork, problem solving, and communication
- Experience in project development and financial analysis
Advanced degree, industry specific certification, or direct experience within the New Jersey Economic Development Authority may be substituted for 1 year of experience
Physical Demands
- Minimal
- Ability to work outside normal business hours, as needed
Travel
- As necessary to events, meetings, businesses, etc.
Certificates and Licenses Required
- License: Staff are required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essentials duties of the position.
Note
The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job description. Conversely, all duties performed on the job may not be listed. This job description is intended to convey information essential to understanding the scope, general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
Your employment at NJEDA is voluntary and subject to termination by you or NJEDA at will, with or without cause, or with or without notice, at any time. Nothing in this job description shall be interpreted to conflict, eliminate or modify the employment-at-will status of NJEDA employees.
This position is considered exempt and is excluded from minimum wage, overtime regulations, and other rights and protections afforded nonexempt workers under FLSA.
NJEDA reserves the right to amend/revise this job description as necessary to meet current and changing business needs.
Equal Opportunity Employer
NJ SAME Program
Position Requirements
- Foreign degrees/transcripts must be evaluated by a reputable evaluation service at your own expense and must be submitted prior to a start date. If this cannot be provided within 21 days of an offer the offer will be rescinded.
- Must comply with the “New Jersey First Act” which requires employees hired after September 1, 2011, to reside in New Jersey. Non-New Jersey resident employees must relocate to New Jersey within one year of their date of hire and provide proof of residency to Human Resources.
- Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.
- Must review the required NJ State Ethics Guidelines found on the state website.
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