city seal

City of Austin - JOB DESCRIPTION

city seal

Economic Development Specialist


FLSA: Standard/Exempt EEO Category: (50) Para-Prof
Class Code: 13125 Salary Grade: UD9
Approved: September 28, 2010 Last Revised: September 11, 2017


Purpose:
  Under general direction of the Economic Development Manager, promotes economic development within the City, including the Emerging Technology Program.
Duties, Functions and Responsibilities:
  Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.
  1. Solicits and assists in the development of economic business plans for public improvement, redevelopment projects and private companies.
  2. Assists Economic Development Manager in performing economic duties with private developers.
  3. Meets and works with citizen committees, neighborhood associations, non-profit groups, and special interest groups.
  4. Analyzes real estate investment projects.
  5. Assists in the negotiation and development contracts with private developers.
  6. Assists in monitoring and managing all activities that could possibly have an impact on economic development projects.
  7. Assists in attracting domestic and international businesses and manages business retention and expansion efforts in conjunction with economic development partners.
  8. Provides assistance with small business development initiatives, and other economic development, redevelopment and/or capital improvement projects.
  9. Assists in marketing and promoting emerging technology and economic development.
  10. Analyzes data and makes specific recommendations including strategic planning and implementation.
Responsibilities - Supervisor and/or Leadership Exercised:
  None.
Knowledge, Skills, and Abilities:
  Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
  • Knowledge of economic principles and techniques.
  • Knowledge of real estate feasibility.
  • Knowledge of project development, scheduling and monitoring.
  • Knowledge of the principles involved in urban land development.
  • Knowledge of real estate financing.
  • Knowledge of project development, scheduling, and monitoring.
  • Knowledge of venture capital, angel investment, and other financing strategies for technology and other startup companies.
  • Knowledge of municipal and private sector budgeting, accounting, and finance methods.
  • Knowledge of current technology industry and trends.
  • Knowledge of Federal, State and Local laws.
  • Knowledge of city practice, policy and procedures.
  • Skill in oral and written communication.
  • Skill in handling multiple tasks and prioritizing.
  • Skill in using computers and related software.
  • Skill in data analysis and problem solving.
  • Skill in planning and organizing.
  • Ability to self start initiatives.
  • Ability to conduct research projects and make presentations.
  • Ability to establish and maintain good working relationships with other city employees and the public.
  • Ability to giving presentations.
Minimum Qualifications:
 
  • Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to Real Estate, Finance, and Public Administration or in a field related to the job.
  • Experience may substitute for education up to four (4) years.
Licenses and Certifications Required:
  None.

This description is intended to indicate the kinds of tasks and levels of work difficulty required of the position given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of management to assign, direct and control the work of employees under supervision. The listing of duties and responsibilities shall not be held to exclude other duties not mentioned that are of similar kind or level of difficulty.