SSBCI Equity Program Assistant Director
Classification:Administrative Management 2
Work type:On Campus, Staff Full-time
Administrative Unit:University of Alaska Anchorage
School/Business unit:UAA Chancellor
The Alaska Small Business Development Center (SBDC) is hiring a SSBCI Program Manager to oversee its Alaska State Small Business Credit Initiative (SSBCI) Equity Fund program. Under the direction of the Alaska SBDC State Director, this position will manage the Alaska SBDC’s Equity program, capitalized by the U.S. Department of Treasury through the SSBCI program and any other equity investment fund programs developed through the SSBCI program in Alaska and managed through the Alaska SBDC. This position will be responsible for developing, deploying and overseeing this new investment program housed within the Alaska SBDC.
This position will be responsible for developing and managing a program to invest alongside private sector funds in order to increase the amount of capital available to Alaskan entrepreneurs. Responsibilities of oversight include developing and communicating policies, procedures, goals, eligibility standards and evaluation criteria. Duties will also include conducting a preliminary analysis that includes compliance with SSBCI requirements as well as educating stakeholders statewide via seminars, presentations, advertisements, web sites, and events. Duties informing applicants of the Fund RFP approval process as well as engaging with the AK SBDC SSBCI Advisory Committee and coordinating materials for review along with hosting regular meetings.
This position will report to the State Director and will work closely with the SSBCI Loan Program Director in charge of the Alaska SBDC’s SSBCI Loan Collateral, Participation and Guarantee programs
10%Other short term programs and projects that support the SBDC mission, such as providing training, and participation in various entrepreneurial events, and similar special projects or programs. Serve as a subject matter expert on the SSBCI venture program.Essential
10%This position will be responsible for liaising with the SBDC Equity Fund Advisory Board and major stakeholders and advising senior personnel or problems and adjustments and will need to create and implement long range and strategic plans. They will ensure that the board is kept informed of all activities of the fund and will use the board’s expertise and feedback to ensure that the program is operating effectively. Be a point of contact to represent the Alaska SBDC’s SSBCI Venture program and other programs to include answering routine external and internal questions about the program.Essential
20%This position will engage in public outreach and engagement to promote the program, the successful partnerships and investments and other aspects of the Alaska SBDC’s SSBCI program. This will include public speaking, trainings, developing communications material, updating website content and other related activities.Essential
60%Oversee the Alaska SBDC’s SSBCI funded Equity program including maintaining compliance with state and federal rules and regulations, reporting and data tracking. Develop and implement rules, regulations and processes. Document and communicate policies, procedures, goals, eligibility standards, evaluation, funding timelines, and reporting criteria. This position will need to be familiar with the Federal Treasury Department and the SSBCI program guidelines and compliance requirements to ensure all applicants and participating programs meet the minimum criteria.Track investment performance and provide accurate reporting to the State Director and assess the program to make recommendations for successful partnerships. Liaison with the fiscal team to ensure compliance with reporting requirements. Promote efficient continuous improvement in services and operations as this is a new program to include identifying processes in the funded Equity program for improvement.Essential
|Knowledge, Skills, Abilities:
- Thorough understanding of small business equity investment. Strong understanding of equity fund structure and terminology. Ability to communicate objective views based on professional analysis. Excellent business, financial statements, market analysis and research skills. Knowledge of economic and accounting principles and practices, equity financing and the analysis and reporting of financial data.
- Knowledge of contract administration. Knowledge of SSBCI program or other equity capital program. Knowledge of strategic, short and long range planning processes. Program/project management skills. Excellent public speaking, customer service, tact, diplomacy and persuasion skills. Ability to analyze information. Ability to communicate effectively in person and in writing. Ability to manage multiple projects and agreements concurrently. Ability to be a part of a successful team. Ability to resolve interpersonal conflict. Ability to analyze complex situations and propose viable solutions and courses of action. Ability to define appropriateness of requests.
- Knowledge of granting processes. Knowledge of the SSBCI Equity program design and understanding of the Treasury Department SSBCI initiative is preferred. Negotiation skills with customers and clients to ensure funding meets goals and is appropriate. Ability to decipher requests for information and formulate appropriate responses to such requests. Ability to synthesize information from multiple sources to create comprehensive reports for both internal and external stakeholders not limited to the SBDC’s SSBCI Equity Fund Advisory Board and the Treasury Department. Ability to develop and implement policy. Ability to make complex decisions that may not be favorable to all parties. Ability to resolve interdepartmental conflicts. Ability to operate the Alaska SSBCI Equit Program in compliance with all provisions and requirements of the SSBCI program and the related policy guidelines from the US Department of Treasury
- Ability to use computerized tools to organize, analyze information and communicate (Alaska SBDC utilizes G Suite Apps, Microsoft Office, Microsoft Excel, and GoToMeeting/Webinar).
PREFERRED Experience and Typical Education and Training:
Areas of preferred experience:
● History/experience working with the SSBCI program to include understanding of US Treasury Department rules and regulations
● Experience with the finance/investment industry
● Experience with angel/venture funding and fund development
● Strong connection to Alaska's’ entrepreneurial/innovation community
● Proven history working in Alaskan communities driving results
● Experience of SBDC and/or SBA.
● Experience with public speaking
|Required Education or Training:
REQUIRED experience: (Applicant will not be considered for the position without evidence in the application and/or resume of the required experience.)
Bachelor’s degree in relevant field and five years progressively responsible experience, or an equivalent combination of training and experience.
Attendance of meetings that fall outside of the 8-5, M-F hours of operation is occasionally required.
This is a full-time, 12-month, exempt staff position complete with both a competitive salary and full employee benefits package. New hires will be placed on the UA staff salary schedule, Grade 81, based on education and experience.
|Special Instructions to Applicants:
Please attach a resume, cover letter, and the names and contact information (email address and phone number) for three (3) professional references with your application.
Applications will be reviewed on a rolling basis until a successful candidate is identified. Review of application materials will begin immediately. Search and selection procedures will be closed when a sufficient and viable number of qualified candidates have been identified.
*To be eligible for this position, applicants must be legally authorized to work in the United States without restriction. Applicants who now or may in the future require visa sponsorship to work in the United States are not eligible.
This position is a term-funded position and is reviewed annually for contract renewal at the University's discretion.
The University of Alaska (UA) is responsible for providing reasonable accommodations to individuals with disabilities throughout the applicant screening process. If you need assistance in completing this application or during any phase of the interview process, please contact UA Human Resources by phone at 907-450-8200.
UA is an AA/EO employer and educational institution and prohibits illegal discrimination against any individual: www.alaska.edu/nondiscrimination
The successful applicant is required to complete a background check. Any offer of employment is contingent on the background check.
Your application for employment with the University of Alaska is subject to public disclosure under the Alaska Public Records Act.
If you have any questions regarding this position, please contact Jon Bittner, at firstname.lastname@example.org.
Advertised: Alaskan Daylight Time
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