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Sr Econ Dev Specialist

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Location: BALTIMORE, MD, United States
Organization: Baltimore Gas & Electric Co
Job ID: 253139
Remote Work: Hybrid Remote
Date Posted: May 24, 2024

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Job Description

Description

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?

PRIMARY PURPOSE OF POSITION

Summary: Economic Development Specialists play a crucial role in promoting economic growth and vitality within a community, region, or state. They are responsible for developing and implementing strategic initiatives to attract businesses, retain existing companies, and foster a vibrant economic environment. Through their expertise in economic analysis, market research, and community engagement, they contribute to the overall job, load, and business growth.

 To promote economic growth and sustainability within a community, region, or state by developing and implementing strategic economic development plans, attracting new businesses, retaining existing companies, and fostering relationships with key stakeholders. 

 

PRIMARY DUTIES AND ACCOUNTABILITIES

    • Interface with regional economic development agencies and corporate real estate research staffs to obtain and share information on current trends, incentives, and opportunities.  (20%)

     

    • Assess national and regional changes in socio-economic and business trends affecting business and industry attraction and retention. (20%)

     

    • Conduct detailed real estate site searches and assist in compiling proposals for prospects, competing against other regions to attract or retain businesses to Central Maryland. (15%)

     

    • Maintain demographic, socio-economic and land databases. (15%)

     

    • Prepare customized research products for attraction leads and prospects in support of sales efforts Business attraction. (10%)

     

    • Maintain and refresh data and information on the Department's website. (10%)

     

    •  Attend industry and association meetings and conferences to obtain data and trend information for use in strategic analysis.  (10%)          

    Job Scope

    • This is an individual contributor position that works independently with only general direction, relying on knowledge skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals.

    • Position requires routine interaction with key internal (e.g., executives, directors, managers, and staff) and external stakeholders (e.g., site location consultants, commercial brokers and economic development research organizations).

    • Must be able to efficiently manage and follow through on multiple requests from all levels of the organization.

    • May require working extended hours and/or shift work to support business operations.                                                                       

    Qualifications

    MINIMUM QUALIFICATIONS

    • Bachelor’s degree in business, engineering, or other relevant discipline AND 4-7 years relevant business experience (e.g., economic/business development, marketing or customer management), OR in lieu of bachelor's degree, 6-9 years relevant business experience.
    • Experience leveraging information resources to attract commercial and industrial customers to the area.
    • Experience in the analysis of changes in socio-economic and business trends and in developing strategies to respond.
    • Demonstrated excellent oral and written communication skills. Computer skills
    • Contacts with site location consultants, commercial brokers and economic development research organizations.
    • May require working extended hours and/or shift work to support business operations.

    Preferred Qualifications

    • Bachelor’s degree in business, engineering, or other relevant discipline
    • Ability to perform multiple tasks in a fast-paced environment. 
    • Experience in economic modeling and data analysis.
    • Knowledge of state and federal economic development programs and incentives.



    Benefits
    • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $88,000-$132,000
    • Annual bonus and incentive pay up to 15%
    • 401(k) match and annual company contribution
    • Medical, Dental and Vision Insurance
    • Life and disability insurance
    • Generous paid time off, including vacation, floating and fixed holidays and sick time
    • Maternity leave as well as paid bonding/primary caregiver leave or parental leave for the birth or adoption of a child or to care for an ill family member, as applicable (eligibility based on position)
    • Long Term Incentive Plan for eligible positions
    • Wellbeing programs such as tuition reimbursement, adoption assistance and fitness reimbursement
    • Referral bonus program
    • And much more
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