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Economic Development Director Jobs in Indiana (NOW HIRING)

Sinapis

Director of Marketing

Indianapolis, IN · On-site +1

The Director of Marketing will be responsible for leading strategy, planning, organizing, and ... World-class economic development experience. We work at the frontier and the leading edge of ...

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Economic Development Director information

See Indiana salary details

$46.2K

$117.9K

$192.2K

How much do economic development director jobs pay per year?

As of Aug 23, 2026, the average yearly pay for economic development director in Indiana is $117,931.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,200.00 and $146,100.00 per year, depending on experience, location, and employer.

What is an economic development director?

An economic development director is a city government employee who helps spur the city economy. Your two biggest responsibilities are to persuade new businesses to move into your town and to encourage existing businesses to expand. You attend fundraising events for civic and business groups and interact with donors to make connections with potentially valuable economic partners. Your duties include developing strategic programs for economic and financial growth, analyzing market trends, writing city tax policy proposals, and advising the city manager and the city council.

What does an economic development director do?

An Economic Development Director is responsible for creating and implementing strategies to promote economic growth within a community or region. They work to attract new businesses, support existing ones, and encourage job creation by collaborating with local government officials, business leaders, and community organizations. Their duties often include managing economic incentive programs, overseeing redevelopment projects, and conducting market research to identify opportunities for development. Ultimately, their goal is to improve the local economy and enhance the quality of life for residents.

What are the key skills and qualifications needed to thrive as an economic development director, and why are they important?

To thrive as an Economic Development Director, you need expertise in economic analysis, project management, and public policy, typically supported by a degree in economics, public administration, or a related field. Familiarity with economic modeling software, GIS tools, and grant management systems is often required, along with certifications such as Certified Economic Developer (CEcD). Strong leadership, strategic communication, and relationship-building abilities help foster collaboration among public, private, and community stakeholders. These skills are crucial for identifying growth opportunities, securing funding, and driving sustainable economic progress in a community or region.

What are the main challenges economic development directors face when balancing community needs and business interests?

Economic Development Directors often need to align the interests of local businesses, government stakeholders, and community members, which can be challenging due to differing priorities. For example, attracting new businesses might conflict with preserving community character or addressing affordable housing. Success in this role frequently involves transparent communication, creative problem-solving, and building consensus through public engagement and strategic partnerships. Navigating these complexities requires adaptability and a strong understanding of both economic trends and local needs.

What is the difference between Economic Development Director vs Economic Development Specialist?

AspectEconomic Development DirectorEconomic Development Specialist
CredentialsBachelor's or Master's in Economics, Business, or Public Administration; experience in economic planningSimilar credentials, often with less managerial experience
Work EnvironmentLeadership role in government agencies or economic development organizationsSupport role, assisting with projects and research
Employer & IndustryMunicipalities, regional agencies, economic development firmsLocal government departments, economic development offices
Search & Comparison IntentUnderstanding leadership roles in economic developmentLearning about supporting roles in economic growth projects

The main difference between an Economic Development Director and an Economic Development Specialist lies in their level of responsibility and leadership. The Director oversees strategic planning and manages teams, while the Specialist focuses on supporting projects and research. Both roles require similar educational backgrounds and work within government or economic organizations, but the Director holds a higher managerial position.

More about Economic Development Director jobs

What are the most commonly searched types of Economic Development jobs in Indiana?

The most popular types of Economic Development jobs in Indiana are:

What are popular job titles related to Economic Development Director jobs in Indiana?

For Economic Development Director jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Economic Development Director jobs in Indiana look for?

The top searched job categories for Economic Development Director jobs in Indiana are:

What cities in Indiana are hiring for Economic Development Director jobs?

Cities in Indiana with the most Economic Development Director job openings:

Economic Development Director jobs near you
Infographic showing various Economic Development Director job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $117,931 per year, or $56.7 per hour.

Director, Debt Capital Markets

FIRST MERCHANTS

Indianapolis, IN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 3 days ago

First Merchants Bank rating

7.8

Company rating: 7.8 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

88th of 171 rated banks

Job description

First Merchants Bank is seeking a Director, Debt Capital Markets to join our team! This position will partner with the Managing Director, Debt Capital Markets to support and implement the growth strategies to facilitate the distribution of syndicated credit facilities, establish and grow key relationships with partner banks, and acquire/manage a portfolio of syndicated loans.

Essential Duties and Responsibilities:

  1. Active in-person calling program with existing Bank Partners and on Bank Prospects.
    1. Ability to Interface with Senior Executives at Partner Banks to articulate First Merchants expertise and capabilities in leading transactions.
    2. Understand our Bank Partners underwriting and return criteria by asset class.
    3. Understand our Bank Partners approval process and response time to FMB opportunities.
    4. Maintain tracking database on Bank Partners.
  2. Assist with management of individual sell side transactions through the Syndication process.
    1. Identify potential universe of Banks who might partner on a given opportunity.
    2. Manage Early Assessment process with identified banks.
    3. Manage communication with banks as deal moves through Syndication process.
    4. Communicate with Structure team and Relationship Managers on feedback from Banks on in market opportunities.
    5. Contributor to Credit Information Memorandum and Confidential Flash Memorandum.
  3. Assist in the Loan Structuring of New Opportunities based on knowledge gained from working with Bank Partners and Bank Prospects.
  4. Schedule and participate in calls with Managing Director, Debt Capital Markets.
  5. Manage Approved Bank Partner list including criteria to add or remove Partners.
  6. Contribute to the development of marketing/collateral material for Debt Capital Markets.
  7. Utilize bank reporting tools to ensure syndication exposure are properly documented and tracked, and prepare various scheduled management reports.
  8. Assist with projects and in developing new or refining existing efficiencies and processes as required.
  9. Remain current with all applicable regulations.

Position Requirements:

  • Bachelor’s degree in accounting, business administration, economics, finance, marketing, mathematics or a related field.
  • A minimum of seven (7) years of relationship management, capital markets, or related experiences in the financial services industry. 

Preferred Requirements:

  • Master’s degree in business administration
  • Previous experience with Syndicated Credit Facilities including loan documentation for commercial and real estate companies is a plus.

First Merchants offers the following:

  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!

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