PORTFOLIO SPECIALIST Job at State of Maryland, Baltimore, MD

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  • State of Maryland
  • Baltimore, MD

Job Description

Introduction The Maryland Department of Commerce is seeking qualified applicants for the position of Portfolio Specialist (Administrator I) within the Division of Business Attractions & Special Projects' Office of Finance Programs & Incentives.

GRADE

16

LOCATION OF POSITION

The World Trade Center - 401 East Pratt Street, Baltimore, Maryland 21202 Main Purpose of Job The primary purpose and function of this position is to support the administration of the Department of Commerce's finance programs by accurately accounting and managing all program activities of active client accounts, and ensure that all compliance, legal and financial obligations of the program recipients are fulfilled.

POSITION DUTIES

This position is designed to cover a broad range of key functional activities and responsibilities assigned to Portfolio Specialist personnel in an FPAA (Final Partnership Administrative Adjustment) "Work Cell" environment.Duties include the monitoring, managing, and analyzing the Finance Program's portfolio of loans, grants, investments, and tax credit programs; assisting in preparing financial statements in accordance with GAAP; preparation of legislative and management reports for the Department using USL General Ledger, Web Focus, Portfol, and FMIS; auditing of annual financial statements; preparing monthly cash reports; posting to and maintaining various sub-ledger accounts; processing billing and collections; performing account reconciliation and research; assisting in the coordination and preparation of Audited Annual Financial Statements, budget preparation; advising management and making recommendations on program funding levels and other activities. Some State travel. Selected candidates will possess excellent interpersonal, written, and oral communication skills; strong analytical and organizational skills; able to effectively present information; complete concurrent and high priority tasks; aptitude for detailed work; possess working knowledge of governmental accounting principles as well as fiscal control reporting policies and procedures, skill in preparing, analyzing and interpreting financial reports and statements.

MINIMUM QUALIFICATIONS

Education: Graduation from an accredited high school or possession of a high school equivalency certificate. Experience: Four years of administrative staff or professional work. Notes:
  1. Candidates may substitute 30 college credit hours from an accredited college or university for each year up to four years of the required experience.
  2. Candidates may substitute the possession of a Bachelor's degree from an accredited college or university for the required experience.
  3. Candidates may substitute the possession of a Master's degree from an accredited college or university for the required experience.
  4. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer involving staff work related to the administration of rules, regulations, policy, procedures and processes, or overseeing or coordinating unit operations or functioning as a staff assistant to a higher ranking commissioned officer on a year-for- year basis for the required experience.

DESIRED OR PREFERRED QUALIFICATIONS

Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications.
  1. BA or advanced degree in accounting, finance, business administration, or public administration from an accredited college or university.
  2. Three (3) of the four (4) years of experience in banking to include managing commercial credit portfolios.
  3. Experience with collateral documentation, portfolio management and general financial/accounting processes.
  4. Experience using Customer Relationship Management Database, Financial Management Information System (FMIS), or other comparable accounting software.

LICENSES, REGISTRATIONS AND CERTIFICATIONS

Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator's license valid in the State of Maryland.

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.

BENEFITS

STATE OF MARYLAND BENEFITS

FURTHER INSTRUCTIONS

If you have questions about this recruitment, please contact the Department of Commerce at 410-767-6300. You may also visit our website at: It is highly preferred that you apply online at - review Career Openings section. Please attach a resume and the supplemental questionnaire to your online application. If unable to apply online, please submit your state application, resume, and supplemental questionnaire to: anna.halikias@maryland.gov Maryland Department of Commerce - Office of Human Resources

ATTN: PORTFOLIO SPECIALIST (25-005485-0046)

The World Trade Center - 401 East Pratt Street, 10TH Floor Baltimore, Maryland 21202 As an E-Verify and Equal Opportunity Employer, Maryland is committed to recruiting, retaining, and promoting employees who are reflective of the State's diversity. People with disabilities and bilingual candidates are encouraged to apply. We thank our Veterans for their service to our country and encourage them to apply. TTY Users: call via Maryland Relay 1-800-735-2258 State of Maryland

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