MEDC Corporate: Compliance Specialist

Full 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 the 21st Century Jobs Fund, the Michigan Community Revitalization Program (MCRP), the Revitalization and Placemaking program, the Revitalization and Placemaking 2.0 program, the Build MI Communities program, legislative grants, the Transformational Brownfield Plan program, the Michigan Talent Partnership program, as well as legacy loan, grant and tax credit programs such as Brownfield programs.

The position monitors and coordinates internal compliance processes for assigned programs; maintains knowledge of economic development loan and equity transactions; 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.
• Complies 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.

View the position description HERE

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.

Requirements

Education:
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.

Experience and/or training is required in any the following:

• Processing data and interpreting legislative or other legalistic requirements
• Administrative support, preferably in economic development and/or government administration, or experience administering similar economic development grant programs
• Grant processing
• Word processing, spreadsheet, database, and calendaring software

Experience and/or training is preferred in the following:

• Salesforce experience

Additional Information

For more information on the MEDC and other career opportunities, visit www.michiganbusiness.org/careers.Discover Pure Michigan at www.michigan.org.