What are the responsibilities and job description for the MEDC Corporate: Compliance Specialist - Business Development position at State of Michigan?
Job Description
NOTE: THIS IS A MEDC CORPORATE POSITION - THIS IS NOT A STATE OF MICHIGAN CLASSIFIED POSITION.
At MEDC, we help Michiganders prosper by investing in our businesses and communities, enabling the growth of good jobs, and promoting Michigan’s reputation as a world-class business location and travel destination. By joining our team, you will play an integral role in directly supporting Michigan’s success, where you work, live and play. Come be part of the team as a Compliance Specialist.
Position Summary
The Compliance Specialist assists with the compliance activities related to various current programs administered by the Michigan Economic Development Corporation (MEDC) and the Michigan Strategic Fund (MSF) including, but not limited to, the 21st Century Jobs Fund, the Michigan Business Development Program (MBDP), the Jobs Ready Michigan Program (JRMP), and the Renaissance Zone program as well as legacy loan, grant and tax credit programs. This position monitors and coordinates internal compliance processes for assigned programs; creates and manages reports using Salesforce; serves as a contact to awardees, as well as providing internal and external customer support.
Principal Duties & Responsibilities
This position is based at MEDC Headquarters in Lansing and may work a hybrid schedule with a minimum of 2 days of in-office work required.
Education
Required Education and Experience
This position requires a bachelor’s degree from a four-year college or university in business administration or related field; or equivalent combination of education and experience.
Experience
Two years of related experience.
Additional Requirements And Information
For more information on the MEDC and other career opportunities, visit www.michiganbusiness.org/careers . Discover Pure Michigan at www.michigan.org .
Accommodations
If you require a reasonable accommodation to participate in the application or selection processes, please contact the ADA coordinator for the agency that posted this position vacancy.
NOTE: THIS IS A MEDC CORPORATE POSITION - THIS IS NOT A STATE OF MICHIGAN CLASSIFIED POSITION.
At MEDC, we help Michiganders prosper by investing in our businesses and communities, enabling the growth of good jobs, and promoting Michigan’s reputation as a world-class business location and travel destination. By joining our team, you will play an integral role in directly supporting Michigan’s success, where you work, live and play. Come be part of the team as a Compliance Specialist.
Position Summary
The Compliance Specialist assists with the compliance activities related to various current programs administered by the Michigan Economic Development Corporation (MEDC) and the Michigan Strategic Fund (MSF) including, but not limited to, the 21st Century Jobs Fund, the Michigan Business Development Program (MBDP), the Jobs Ready Michigan Program (JRMP), and the Renaissance Zone program as well as legacy loan, grant and tax credit programs. This position monitors and coordinates internal compliance processes for assigned programs; creates and manages reports using Salesforce; serves as a contact to awardees, as well as providing internal and external customer support.
Principal Duties & Responsibilities
- Reviews and processes milestone application and disbursement requests for program grants and loans.
- Reviews and processes tax credit applications to ensure their completeness and compliance with both statutory and policy requirements for tax incentive programs.
- Compiles, updates and analyzes data and produces reports for the various incentive programs monitored by the Compliance Unit.
- Assists in the development of internal process documents to ensure MEDC and MSF compliance with statues, guidelines and contractual terms and conditions.
- Prepares briefing memos and other documentation for presentation to the MSF Fund Manager and MSF Board.
- Prepares formal correspondence between the MEDC/MSF and grantees relative to awards.
- Compiles data and performs analysis of program effectiveness and makes recommendations to team leader for program and process improvements as necessary.
- Advises grantees regarding process; provides program training and maintains records of suggestions and concerns.
- Prepares and ensures accuracy of data in annual legislative reports for programs under management by the Compliance Unit.
- Provides customer service support to grantees accessing Salesforce for administration of awards.
- Advises supervisor of non-compliant grantees, tax credit recipients, loan recipients, and provides recommendations for responsive action.
This position is based at MEDC Headquarters in Lansing and may work a hybrid schedule with a minimum of 2 days of in-office work required.
Education
Required Education and Experience
This position requires a bachelor’s degree from a four-year college or university in business administration or related field; or equivalent combination of education and experience.
Experience
Two years of related experience.
Additional Requirements And Information
For more information on the MEDC and other career opportunities, visit www.michiganbusiness.org/careers . Discover Pure Michigan at www.michigan.org .
Accommodations
If you require a reasonable accommodation to participate in the application or selection processes, please contact the ADA coordinator for the agency that posted this position vacancy.