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Economic Development Associate Jobs in Chicago, IL

Huntington

Public Finance Associate

Chicago, IL

$110K - $140K/yr

... economic development agencies. This role is responsible for managing transaction logistics ... The Associate plays a key role in client engagement, cross-functional collaboration, and the ...

Huntington

Public Finance Associate

Chicago, IL · On-site

$110K - $140K/yr

... economic development agencies. This role is responsible for managing transaction logistics ... The Associate plays a key role in client engagement, cross-functional collaboration, and the ...

Huntington

Public Finance Associate

Chicago, IL · On-site

$110K - $140K/yr

... economic development agencies. This role is responsible for managing transaction logistics ... The Associate plays a key role in client engagement, cross-functional collaboration, and the ...

OSP LP

MORTGAGE COLLECTIONS SPECIALIST

Palatine, IL · On-site

$18.50 - $25.25/hr

... economic development, and community investment programs. For over 50 years, AmeriNat has partnered ... High school diploma or equivalent required; associate degree or higher education preferred. * Black ...

OSP LP

MORTGAGE COLLECTIONS SPECIALIST

Palatine, IL · On-site

$18.50 - $25.25/hr

... economic development, and community investment programs. For over 50 years, AmeriNat has partnered ... High school diploma or equivalent required; associate degree or higher education preferred. * Black ...

Invenergy LLC

Associate, Community Engagement

Chicago, IL · On-site

$85K - $103K/yr

Position Overview An Associate, Community Engagement will support local outreach and act as relationship lead with county/municipal officials, local taxing bodies, chambers and Economic Development ...

Invenergy

Associate, Community Engagement

Chicago, IL · On-site

$85K - $103K/yr

Position Overview An Associate, Community Engagement will support local outreach and act as relationship lead with county/municipal officials, local taxing bodies, chambers and Economic Development ...

Invenergy LLC

Associate, Community Engagement

Chicago, IL · On-site

$85K - $103K/yr

Position Overview An Associate, Community Engagement will support local outreach and act as relationship lead with county/municipal officials, local taxing bodies, chambers and Economic Development ...

Environmental Law & Policy Center

Paralegal

Chicago, IL · On-site

$72K - $78K/yr

We show that environmental progress and economic development can be achieved together by putting ... Paralegal Reports to: Senior/Senior Associate Attorney Location: Chicago, IL - Hybrid work ...

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Economic Development Associate information

See Chicago, IL salary details

$29.9K

$55K

$83.4K

How much do economic development associate jobs pay per year?

As of Aug 15, 2026, the average yearly pay for economic development associate in Chicago, IL is $55,028.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,800.00 and $61,800.00 per year, depending on experience, location, and employer.

Is economic development a good career path?

Economic development is a viable career that involves planning and implementing strategies to improve local economies, often requiring skills in research, policy analysis, and stakeholder engagement. It offers opportunities in government agencies, non-profits, and consulting firms, with roles that can impact community growth and job creation.

What degree do you need to work in an economic development associate?

An economic development associate typically needs at least a bachelor's degree in fields such as economics, public administration, urban planning, or related areas. Relevant skills include data analysis, project management, and knowledge of economic policies, with some roles preferring or requiring a master's degree or professional certifications.

What does an Economic Development Associate do?

An Economic Development Associate supports efforts to improve the economic well-being and quality of life in communities by assisting with projects, research, and outreach related to business growth, job creation, and community development. They often work with public agencies, private organizations, and stakeholders to analyze economic trends, prepare reports, and implement programs that attract or retain businesses. Their responsibilities may also include grant writing, event planning, and helping manage communications with local businesses and government officials.

What are the key skills and qualifications needed to thrive as an Economic Development Associate, and why are they important?

To thrive as an Economic Development Associate, you need strong analytical abilities, knowledge of economic principles, and a relevant degree in economics, public administration, or a related field. Familiarity with data analysis tools, GIS software, and grant management systems is typically required. Excellent communication, relationship-building, and project management skills help you engage stakeholders and drive community initiatives. These competencies are crucial for successfully attracting investment, supporting local businesses, and fostering sustainable economic growth.

What is the difference between Economic Development Associate vs Economic Development Coordinator?

AspectEconomic Development AssociateEconomic Development Coordinator
Required CredentialsBachelor's degree in economics, urban planning, or related fieldBachelor's degree; some roles prefer experience in project management
Work EnvironmentGovernment agencies, non-profits, economic development firmsLocal government offices, economic development agencies
Employer & Industry UsageCommonly used in public sector economic initiativesOften used interchangeably with Associate, focusing on project coordination

Both roles typically require a bachelor's degree and involve working in government or non-profit sectors focused on economic growth. The main difference lies in scope: Associates often assist with research and outreach, while Coordinators may handle project management and implementation tasks. Understanding these distinctions can help job seekers target the right position based on their skills and career goals.

What are some common challenges Economic Development Associates face when working with local stakeholders?

Economic Development Associates often encounter challenges such as balancing diverse stakeholder interests, navigating complex regulatory environments, and communicating effectively with both public and private sector partners. Building consensus among local government officials, business leaders, and community members requires strong interpersonal and facilitation skills. Additionally, associates must stay adaptable to shifting economic conditions and policy changes while ensuring that projects align with both community needs and organizational goals.

What are the most commonly searched types of Economic Development jobs in Chicago, IL?

The most popular types of Economic Development jobs in Chicago, IL are:

Economic Development Associate jobs near you
Infographic showing various Economic Development Associate job openings in Chicago, IL as of June 2026, with employment types broken down into 5% As Needed, 90% Full Time, and 5% Part Time. Highlights an 90% In-person, 5% Hybrid, and 5% Remote job distribution, with an average salary of $55,028 per year, or $26.5 per hour.

Public Finance Associate

Huntington National Bank

Chicago, IL • On-site

$110K - $140K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 19 days ago

Huntington National Bank rating

8.1

Company rating: 8.1 out of 10

Based on 170 frontline employees who took The Breakroom Quiz

65th of 171 rated banks

Job description

Description
The Public Finance Associate supports senior investment bankers in the execution of municipal financing transactions for a diverse set of public sector clients, including state and local governments, education institutions, healthcare systems, and economic development agencies. This role is responsible for managing transaction logistics, conducting financial analysis, and preparing client-facing materials from deal origination through closing. The Associate plays a key role in client engagement, cross-functional collaboration, and the development of high-quality financial and marketing deliverables.
This role will be located in our Chicago, Houston, or New York offices.
Duties and Responsibilities
  • Transaction Management: Support the structuring, analysis, and execution of bond and note transactions, including new issuances, refinancings, and restructurings; coordinate timelines, deliverables, and closing logistics
  • Client Engagement: Serve as a point of contact across internal teams and external clients; partner with Public Finance, Relationship Management, and Capital Markets teams to deliver solutions
  • Financial Modeling & Analysis: Develop and maintain financial models, debt profiles, and analytical reports; analyze transaction structures and provide insights to inform client decisions
  • Presentation & Marketing Materials: Prepare pitch books, offering memoranda, and client presentations tailored to financing opportunities and market conditions
  • Cross-Functional Collaboration: Partner with Compliance, Knowledge Center, and Proposal teams to ensure accuracy and consistency across materials and processes
  • Industry Research & Insights: Conduct market, sector, and client research; monitor trends and support business development efforts
  • Execution Support: Assist with documentation, scheduling, and coordination throughout the transaction lifecycle; support senior bankers on multiple concurrent deals
  • Compliance & Risk Management: Ensure all materials and processes adhere to regulatory standards and internal policies
  • Strategic & Team Support: Contribute to planning discussions, process improvements, and broader team initiatives; perform other duties as assigned

Basic Qualifications
  • Bachelor's degree in Finance, Economics, Business, or related field
  • 3+ years of experience in public finance, investment banking, capital markets, or corporate finance
  • FINRA SIE, Series 52 and 63

Preferred Qualifications
  • Strong financial modeling and analytical skills
  • Proficiency in Microsoft Excel and PowerPoint
  • Prior experience supporting municipal financing transactions or public sector clients
  • Exposure to debt capital markets, fixed income products, or structured finance
  • Strong knowledge of financial statement analysis and credit fundamentals
  • Excellent written and verbal communication skills
  • Ability to manage multiple priorities in a fast-paced, deadline-driven environment
  • High attention to detail and strong organizational skills

#LI-ME1 #LI-Onsite
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.
Compensation Range:
$110,000.00 - $140,000.00 Annual Salary
The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

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