Job Type

Full Time

Published

11/01/2018

Address

111 Mulberry St Suite 1
Newark
NJ
07102
United States

Description

Organization

Founded in 2007 and reorganized and renamed in 2014, Newark Community Economic

Development Corporation (Newark CEDC), formerly known as Brick City Development

Corporation (BCDC), is the primary economic development catalyst for the State of New

Jersey’s largest city, Newark. It is organized to retain, attract and grow businesses, enhance small

and minority business capacity, and spur real estate development throughout the city’s 20 diverse

neighborhoods. As a business development company whose sole client is the City of Newark,

Newark CEDC collaborates with the Newark Department of Economic & Housing Development

to initiate and execute economic development activities to produce and sustain economic growth,

generate jobs and create wealth for the citizens of Newark.


Position

The President and Chief Executive Officer will serve as the leader for the Newark CEDC and

report to its Board of Directors. S/he will ensure that the mission of the Newark CEDC to initiate

and execute economic development activities to produce and sustain economic growth,

generate jobs and create wealth for the citizens of Newark is upheld.


The President and CEO will direct and manage all programs and activities as well as provide the

leadership necessary to ensure Newark CEDC's impact on the overall economic development of

the City of Newark. S/he will oversee a staff of approximately 30 and manage an administrative

budget of approximately four million dollars.


As the primary spokesperson for the Newark CEDC, the President and CEO will need to be

charismatic, possess superb communication skills and be a savvy professional who comprehends

how to build collaborative relationships with other Newark, regional, and state economic

development institutions.


The President and CEO will be:

● Passionate about Newark and its residents (with the ability to create and implement strategies to build wealth and

opportunity for Newark residents and businesses)

● A self-starter with a proven track record in economic development, economic development marketing and program

implementation

● Skilled in real estate development, financing, negotiation and transaction structuring

● Well-versed in the space of development, redevelopment and urban planning (e.g. analysis of building codes, city

zoning ordinances and the entitlement processes)

● Understanding of operations and financial management, particularly in a city environment, and experienced with

municipal revenue and expense models

● A principled individual with uncompromising integrity

● An outstanding communicator who is comfortable with public presentations and the forward-facing role of a

spokesperson

● Pragmatic, with the toughness and perseverance needed to see long term projects to fruition


Responsibilities:

● Manage the administration of all work in planning, organizing, coordinating, and directing the economic

development programs under the control of the Corporation in accordance with short- and long-term work plans of

the Board of Directors, including active efforts to attract, expand, enhance and retain business and commerce in

the City of Newark

● Exercise a high degree of independence, initiative, ethics, and professional expertise in the operation of Newark

CEDC’s economic development programs

● Coordinate Newark CEDC’s economic development activities with federal, state and local government and the

Board of Directors

● Implement all policies adopted by the Board of Directors of the Corporation and manage and direct the operation

and its 25+ employees

● Propose and develop policies to stimulate expansion of existing businesses and investments in the city by making

regular contact with them by phone, email, in-person

visits, at conventions or large scale events, and/or through press/media opportunities

● In conjunction with the Board, prepare, implement and administer both short-term and long-range, strategic

economic development planning

● Direct and coordinate the necessary research, marketing and site-facilitating programs to enhance economic

development and job growth within the area with an awareness and concern for mitigation of negative impacts of

development on the natural environment

● Prepare, present and administer the budget in accordance with program goals and objectives

● Provide day-to-day management oversight of staff, delegate appropriate authority and assume accountability for

actions of staff

● Meet with outside agencies and the public, including developers, members of the business community and

community groups, to explain and promote Newark CEDC’s services, programs, policies, procedures, goals and

objectives related to economic development

● Coordinate efforts with the city’s department of housing and economic development staff regarding short- and long-

range planning goals for economic development programs

● Guide new and existing business through the development process, including providing financing advice regarding

federal, state, and local grant and assistance programs

● Present a positive and professional image of Newark CEDC, the City of Newark and EHD, and maintain contact

with news media as needed

● Maintain professional relationships through active involvement in local, regional, state and national economic

development networks

● Perform other duties as assigned/directed by the Board of Directors of the Corporation

Benefits

Newark CEDC is an equal opportunity employer. Newark CEDC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, or disability.


Salary : The salary for this position will be dependent on the qualifications and experience of the successful candidate. Newark CEDC offers competitive benefits.

Professional Level

Executive

Minimum Education Required

Master's degree

How To Apply

How to Apply:

Send cover letter and resume via email to: talent@newarkcedc.org

Direct email from applicants only. No mail or phone calls please.


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