Executive Director – Ohio Statewide Development Corporation

Dec 2, 2022 | Jobs

Employer: Ohio Statewide Development Corporation
Work Hours: Full-Time; Flexible hours can be arranged
Salary: $130,000 – $150,000 + annual bonus based on performance
Reports to: Board of Directors
Location: 1650 Lake Shore Drive, Suite 240, Columbus, OH 43204;
Benefits: SIMPLE IRA Retirement Plan with 3% employer match; Mileage Reimbursement; Medical, Dental, & Vision insurance; Paid Holidays; Paid Time Off

Company Overview:  Non-profit organization working in small business commercial real estate and equipment lending.
Lending done in partnership with private lenders, utilizing the public sector financing programs—
specifically the U.S. Small Business Administration 504 Loan Program and the Ohio 166 Regional Loan Program.

Position Overview:  Oversees non-profit Certified Development Company with a $100+ million portfolio and professional
staff of 8

• Evaluate new programmatic opportunities and set strategic objectives for organization in consultation with Board of Directors
• Communicate with Board of Directors and keep all Board members informed on organizational objectives
• Coordinate and present materials at regularly scheduled Board meetings
• Develop and implement annual budget
• Represent organization to outside stakeholders and centers of influence through marketing, networking events, social media, etc.
• Supervise professional staff of 8 employees
• Serve as de facto Chief Credit Officer of organization; reviewing approximately 60-70 loan requests annually
• Interact with OSDC Loan Origination Team and field questions from lenders about potential loan requests and provide oversight on loan structuring and eligibility
• Oversee Loan Servicing and Closing teams, providing regular oversight and decisioning on non-routine issues
• Ensure company complies with all administrative/regulatory/legal requirements

Qualifications:
• Five years of experience in leadership of a commercial lending environment or economic development organization or eight years of experience in business banking or economic development
• Excellent written & verbal communication skills with strong attention to detail is a must
• Valid driver’s license is required
• SBA lending experience is a plus

Submit resume with cover letter to applications@osdc.net. Because this position requires strong communication skills attention to detail, extra consideration will be given to candidates that submit a thorough, well-written cover letter.

OAQDA and Ohio EPA Collaborate to Pursue Federal Funding: What You Should Know

As part of the Inflation Reduction Act (IRA) passed in 2022, a new federal program was created that provides great opportunity for Ohio – the Greenhouse Gas Reduction Fund (GGRF). It allocates $27 billion in financial assistance through three programs to reduce harmful air pollutants, mobilize financing and private capital, and deliver benefits for low-income and disadvantaged communities.

read more

Housing: An Overlooked Solution Puzzle Piece

The word is out Central Ohio is a wonderful place to live and work. While job opportunities are prevalent, the housing market is a challenge. The headlines are focused on new builds and further directed at greenspace and farmland depletion, zoning, density, affordability, transportation, congestion, the impact on schools, and concerns about community identity. New builds are vital, but the housing puzzle has an overlooked solution piece with abandoned and underutilized property.

read more