City of Boston

Cannabis Loan Fund Manager

Posted Date 2 months ago(6/16/2021 9:10 AM)
Req ID
2021-19955
Dept
Office of Economic Development
Position
Regular Full-Time
Location
ASD-Min & Womens Bus. Office
Salary Min
73,712.53
Salary Max
97,933.68
Union
MYO
Openings
1
Contact Email
patti.arsenault@boston.gov

Overview:

Brief Job Description (essential functions of the job):

 

The Cannabis Loan Fund Manager will work within the Office of Economic Development Emerging Industries Unit to implement the City’s Cannabis Equity Ordinance to ensure that the Cannabis Equity Fund supports Cannabis Equity Applicants. The Cannabis Loan Fund Manager will work across the Office of Economic Development Units to support emerging and growing Equity Cannabis businesses.

 

The Office of Economic Development is seeking a Cannabis Loan Fund Manager to administer the Cannabis Loan program as established in the Cannabis Equity Fund. As the City of Boston is the first city in the United States to formally prioritize diverse applicants who are looking to participate in the cannabis industry. To ensure that we are successful in this priority statement, access to capital for diverse applicants is necessary. This new position will play a critical role in the execution of this priority by developing, implementing, and administering the City funding mechanism for Cannabis Equity businesses.

 

Created in February 2014, the Economic Development Cabinet’s mission is to make Boston an appealing and accessible place for working families, entrepreneurs, businesses, and investors to innovate, grow, and thrive in a way that fosters inclusion, broadens opportunity, and shares prosperity, thereby enhancing the quality of life for Bostonians and the experience for all visitors.  As Boston continues to grow and develop, the Economic Development Cabinet is pursuing strategies that will maximize the potential for all Bostonians, businesses, and visitors.

 

Responsibilities:

  • Develops, implements, and administers the Cannabis Equity Fund loan program.
  • Reviews City of Boston Cannabis policies, contracts, agreements, and regulations.
  • Conducts research on ongoing policy issues relating to cannabis in the City of Boston—both looking for innovative ideas and responding to current developments in cannabis.
  • Analyzes and presents findings and recommendations to project teams and senior staff in written and verbal form and brief City leadership.
  • Makes recommendations to City Hall leadership based on research and analysis.
  • Collaborates with colleagues in other City departments, including cross-Cabinet departments.
  • Performs related work as required.

Minimum Entrance Qualifications:

  • At least 5 years of full-time, or equivalent part-time, compliance work experience which included government operations, business development, or project management.
  • 2-4 years experience in banking, real estate development, finance, and/or public policy required
  • A bachelor’s degree in business or public administration, management, communications, marketing, or related field may be substituted for two years of the required experience. A master’s degree in the above listed fields preferred.
  • Familiarity with local government operations and processes strongly preferred.
  • Demonstrated knowledge of Boston’s neighborhoods and business districts.
  • Demonstrated commitment to making the City of Boston an appealing and accessible place for businesses.
  • Ability to manage multiple projects and tasks and to prepare reports and statistics.
  • Strong oral and written communication skills.
  • Ability to establish and maintain effective working relationships with staff, business owners and neighborhood stakeholders; to prepare and present effective presentations; and to act as an advocate for cannabis businesses within the City of Boston.
  • Ability to use good judgment and focus on detail as required by the job.

 

Boston Residency Required.

 

Terms:

 

Union/Salary Plan/Grade: Non-Union  MO 9

 

Hours per week:   35

 

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