Newark, NJ, US
5 days ago
Team Lead - Product Operations
Welcome page Returning Candidate? Log back in! Team Lead - Product Operations Location US-NJ-Trenton | US-NJ-Newark | US-NJ-New Brunswick | US-NJ-Camden | US-NJ-Oceanport Job ID 2024-2157 Category/Department Product Operations Overview

EDA Overview 

Join the NJEDA and help lead New Jersey to sustainable economic growth, fostering equitable opportunities and vibrant communities. We offer hybrid work, a supportive culture, and robust benefits, including health insurance, retirement plans, and extensive wellness programs. Make a tangible impact and shape New Jersey's future with innovative economic development at NJEDA. 

 

Job Overview  

Supports Product Operations leadership team by providing training and mentorship to Sr. Program Analysts, Program Analysts, and Program Specialists, in reviewing applications across multiple programs and preparing these applications for approval. Contributes to the management of turn times, adherence to procedures, workflow efficiencies, reporting, and implements best practices.  The ideal candidate will have a background in business, finance, project management, public policy, or government administration; strong analytical and problem-solving skills; strong written and verbal communication skills 

 

$85,680 - $107,100

 

Note: The NJEDA currently offers a hybrid work schedule for up to 2 days of telecommute work from home. To participate, you will be required to have high speed home internet access and a manager's approval. This program does not supersede the "New Jersey First Act", which requires newly hired NJEDA employees to establish and then maintain, principal residence in the State of New Jersey.

Responsibilities

Duties  

Daily Tasks and Responsibilities: 

Attains a deep understanding of Operations' role on all relevant programs and leads team in processing applications Works with Director / Manager to assist in building and developing the team, providing training and coaching to advance skills and behaviors that enhance performance Functions as an SME in internal controls with respect to legal reviews, sister agency checks, tax clearances, etc. Assists Director / Manager in establishing and monitoring staff for performance against goals. Participates in setting objectives, tracking progress, feedback and reporting Must complete annual self-assessment as required. Performs other duties and special projects, as assigned. 

 

Projects: 

Supports management with new and existing program development and initiatives, including reviewing SOPs and partnering with Product Owner teams  Takes lead role on coordinating and overseeing the operations’ implementation of individual program(s) Helps to promote compliance with Operations' policies and procedures. Makes recommendations to improve efficiencies and compliance efforts, and facilitates their implementation 

 

Goals and Objectives: 

Success of this role will be measured based on the number of applications reviews completed by the Team Lead as well as the Product Operations team, quality of these application reviews and turn around times.   

Collaboration and Cross-Divisional Interaction: 

Team Lead will collaborate with Product Teams, Legal Affairs, Legal Compliance, Closing, Post Closing, Accounting, etc. departments to facilitate effective program implementations.  

Reporting Structure: 

This position reports to Director / Manager of Product Operations.   This is an autonomous role that require performing the majority of daily application / project related reviews and making operating decisions. 

 

Qualifications

Skills and Qualifications  

Technical Skills: 

Familiarity with various investment vehicles and ability to understand the business model for early-stage technology companies and small businesses Familiarity with and interest in program goals, from the technology entrepreneurial community to community development and environmental initiatives Ability to understand and interpret financial statements of private and publicly traded companies. 

 

Soft Skills: 

Outstanding analytical and problem-solving ability with a keen focus on details and audit trails Ability to effectively interface with a broad range of audiences, including senior management, EDA Board of Directors, government officials, business and industry partners, and individual applicants  Adaptive to changes in the work environment, able to identify the need for procedural changes and propose reasonable remedies to improve process efficiencies and strengthen compliance efforts. Excellent at multitasking, prioritizing, and managing competing demands simultaneously to meet deadlines Ability to effectively lead a team with diverse backgrounds and levels of experience. Strong aptitude for mentoring and coaching less experienced staff 

  

Experience: 

7+ years of experience in a related work field, such as business, finance, project management, public policy, or government administration Previous supervisory experience preferred Advanced degree or industry specific certification may be substituted for 1 year of experience 

 

Education: 

Bachelor’s Degree in Business Administration, Finance, Accounting, nonprofit management / project management or related fields and / or equivalent experience. 

 

Software/Tools Proficiency: 

NJEDA utilizes Microsoft as the core application platform and proficiency in the Microsoft Office Suite is preferred and ability to learn new software packages. 

 

Additional Information 

Minimal physical demands and ability to work out normal business hours Travel expected when necessary for business operations 

 

Certificates and Licenses Required 

Staff are required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essentials duties of the position. 

 

Note  

  

The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job description. Conversely, all duties performed on the job may not be listed. This job description is intended to convey information essential to understanding the scope, general nature and level of work performed by job holders within this job.  This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. 

  

Your employment at NJEDA is voluntary and subject to termination by you or NJEDA at will, with or without cause, or with or without notice, at any time.  Nothing in this job description shall be interpreted to conflict, eliminate or modify the employment-at-will status of NJEDA employees.   

  

This position is considered exempt and is excluded from minimum wage, overtime regulations, and other rights and protections afforded nonexempt workers under the FLSA. 

  

NJEDA reserves the right to amend/revise this job description as necessary to meet current and changing business needs. 

 

NJ SAME Program 

 

 In accordance with P.L. 2021, c. 465 and P.L. 2021, 466, the SAME program was established to enable New Jersey State agencies to hire, promote, retain, and advance qualified individuals whose physical or mental impairments impact their abilities to participate in the hiring and promotion process for non-competitive and unclassified titles within the State workforce.  

 

The SAME program allows candidates, who identify as having a significant disability, to apply for non-competitive and unclassified positions through a fast track hiring process. This program uses a fast-track process that permits people who are eligible for the program to request that the State appointing authority schedule with them a good faith interview. For more information about the SAME program and the Fast Track Hiring program, please Click Here.  If you have any questions, please email, or call the contact as indicated on the job vacancy announcement. 

 

This posting open to eligible applicants regardless of SAME eligibility. 

 

Equal Opportunity Employer 

 

   

Position Requirements 

  

Foreign degrees/transcripts must be evaluated by a reputable evaluation service at your own expense and must be submitted prior to a start date.  If this cannot be provided within 21 days of an offer the offer will be rescinded. Must comply with the “New Jersey First Act” which requires employees hired after September 1, 2011, to reside in New Jersey. Non-New Jersey resident employees must relocate to New Jersey within one year of their date of hire and provide proof of residency to Human Resources. Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.  Must review the required NJ State Ethics Guidelines found on the state website. Selected candidates must be authorized to work in the United States per the Department of Homeland Security, United States Citizenship and Immigration Services regulations. Note: The State of New Jersey does not provide sponsorship for citizenship to the United States.  Apply or Email a Friend Apply for this job onlineApplyShareRefer this job to a friendRefer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Interested in this opportunity? Application FAQs

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