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Economic Development Officer Jobs (NOW HIRING)

Soles4Souls

Development Officer, Mid-Level Giving

$65K - $80K/yr

Development Officer, Mid-Level Giving Reports To: Senior Director of Major Gifts Location: Remote ... Soles4Souls turns shoes and clothing into educational and economic opportunities. Our CORE values:

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Economic Development Officer information

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$74.4K

$119K

How much do economic development officer jobs pay per year?

As of Jun 13, 2026, the average yearly pay for economic development officer in the United States is $74,448.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,500.00 and $84,500.00 per year, depending on experience, location, and employer.

What are some common challenges Economic Development Officers face when working with diverse stakeholders?

Economic Development Officers often work with a wide range of stakeholders, including local businesses, government agencies, community groups, and investors. One common challenge is balancing competing interests and priorities, which requires strong negotiation and communication skills. Building consensus and fostering collaboration can be complex, especially when stakeholders have differing goals or expectations. Successful Economic Development Officers actively engage stakeholders, maintain transparency, and use creative problem-solving to find mutually beneficial solutions.

What does an Economic Development Officer do?

An Economic Development Officer is responsible for promoting economic growth within a community or region. They work to attract new businesses, support existing ones, and create job opportunities by developing policies and programs that encourage investment. Their tasks often include conducting market research, liaising with government officials and business leaders, and organizing initiatives to improve the local economy. They also help secure funding for projects and may assist entrepreneurs and small businesses with resources and guidance. Ultimately, their goal is to foster a vibrant and sustainable economic environment.

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

To thrive as an Economic Development Officer, you need a background in economics, urban planning, or public administration, often supported by a relevant degree and experience in economic or community development. Familiarity with economic analysis software, GIS tools, grant management systems, and knowledge of government regulations is important. Strong communication, stakeholder engagement, and project management skills help build partnerships and drive initiatives. These skills ensure effective program implementation, attract investment, and foster sustainable community growth.

What is the difference between Economic Development Officer vs Urban Planner?

AspectEconomic Development OfficerUrban Planner
Required CredentialsBachelor's degree in economics, urban planning, or related field; often certifications in economic developmentBachelor's or master's in urban planning, geography, or related field; planning certifications may be preferred
Work EnvironmentGovernment agencies, economic development organizations, community projectsMunicipalities, government departments, consulting firms
Employer & Industry UsageLocal governments, economic development agencies, non-profitsCity planning departments, government agencies, private consulting

While both roles focus on community growth, the Economic Development Officer primarily promotes economic initiatives and business attraction, whereas the Urban Planner concentrates on land use, zoning, and urban design. They often collaborate but serve distinct functions within community development.

More about Economic Development Officer jobs
Who are the top companies hiring for Economic Development Officer jobs? The top employers for Economic Development Officer jobs are:
What states have the most Economic Development Officer jobs? States with the most job openings for Economic Development Officer jobs include:
What job categories do people searching Economic Development Officer jobs look for? The top searched job categories for Economic Development Officer jobs are:
Economic Development Officer jobs near you

Business Development Officer

Port 51 Lending

Manhattan, NY

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago

Job description

Port 51 Lending ("Port 51") is a nationwide non-bank lender in the SBA market, majority owned by MassMutual Insurance. Port 51 has already funded in excess of $150 million in 7(a) loans year to date and seeking exceptional candidates to join our growing team! Our SBA Business Development Officer ("BDO") will identify, solicit and close new SBA loans through their robust business development activity with an emphasis is Owner Occupied Real Estate Lending. The BDO is responsible for new business development, quality loan submissions and all aspects of deal flow.  This job can be remote or in-person in our NYC office. 


Essential Duties and Responsibilities 

  • Understand what differentiates Port 51 and develop a unique sales approach that supports our small business lending activity.
  • Strong time management, planning and organizational skills including ability to work independently and remotely.
  • Apply state of the art technology to support best-in-class customer service.
  • Conduct business development activities to meet business and individual funding goals.
  • Build and maintain a network of referral sources able to bring potential SBA borrowers to our company. Referral sources will include realtors, CPA's, attorneys, mortgage brokers, business brokers, bankers, franchises, etc.
  • Obtain and prepare required application/financial information from borrowers to facilitate underwriting and closing along with appropriately executed documentation.
  • Maintain a working knowledge of requirements for documentation and regulations relating to SBA 7(a) lending and all SBL policies and procedures.
  • Represent Port 51 with honesty and integrity while delivering high levels of customer service in all interactions.

Job Requirements


The requirements listed below are representative of the knowledge, skill and/or ability required.  

  • Bachelor's degree in business, finance, economics or other related experience
  • Minimum 3-5 years SBA 7(a) business development experience
  • Demonstrated track record of SBA 7(a) loan production
  • Ability to protect and maintain confidential information
  • Strong local market presence and centers of influence
  • Excellent written and verbal communication skills
  • Excellent organizational skills
  • Proficiency with computers and related software

Salary/Benefits


We offer a competitive package of compensation and benefits, including: 

  • Base Salary plus Commission
  • Medical, Dental and Vision Insurance
  • Life Insurance
  • Flexible Spending Accounts
  • Paid Vacation, Personal Time Off and Holidays
  • 401(k) with matching employer contribution

Apply