Federal Grant & Loan Manager

Salary range is $80k to $175k, with a midpoint of $125k. New hires typically receive between minimum and midpoint, however, we may go slightly higher based on experience, internal equity and market.

Sound Transit also offers a competitive benefits package with a wide range of offerings, including:

• Health Benefits: We offer two choices of medical plans, a dental plan, and a vision plan all at no cost for employee coverage; comprehensive benefits for employees and eligible dependents, including spouse or domestic partner.
• Long-Term Disability and Life Insurance.
• Employee Assistance Program.
• Retirement Plans: 401a - 10% of employee contribution with a 12% match by Sound Transit; 457b - up to IRS maximum (employee only contribution).
• Paid Time Off: Employees accrue 25 days of paid time off annually with increases at four, eight and twelve years of service. Employees at the director level and up accrue additional days. We also observe 12 paid holidays and provide up to 2 paid floating holidays and up to 2 paid volunteer days per year.
• Parental Leave: 12 weeks of parental leave for new parents.
• Pet Insurance.
• ORCA Card: All full-time employees will receive an ORCA card at no cost.
• Tuition Reimbursement: Sound Transit will pay up to $5,000 annually for approved tuition expenses.
• Inclusive Reproductive Health Support Services.
• Compensation Practices: We offer competitive salaries based on market rates and internal equity. In addition to compensation and benefits, you'll find that we provide work-life balance, opportunities for professional development and recognition from your colleagues.

GENERAL PURPOSE:

Under general direction, the Federal Grant and Loan Manager assists in managing the Agency's grant and loan program which includes supervising assigned staff; helps establish Agency strategic policy to maximize competitive funding opportunities; researches, writes, develops and executes grant and loan proposals for the Agency. Works collaboratively with internal business partners, legal, financial planning & analysis (FP&A), and accounting teams to help support the Agency's financing initiatives. Manages relationships with external partners and stakeholders such as the US Department of Transportation (USDOT) and Federal Transit Administration (FTA). Assist in managing all aspects of the Agency's Federal grant and loan program by collaborating with internal and external parties related to Federal grants and loans and helps be a technical and financial resource needed to ensure success of the program. Assists in administering elements of the Agency's grant and loan program, including, but not limited to grant application development, agency compliance related to Federal loans and grants, and other post-award functions.

ESSENTIAL FUNCTIONS:

The following duties are a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties.

• Plans, directs, coordinates, and reviews the work of assigned staff; assigns work activities and coordinates schedules, projects, and programs; provides constructive feedback; reviews and evaluates work and makes effective suggestions and recommendations; and provides opportunities for professional growth.
• Participates in the development and implementation of goals, objectives, policies, and priorities for the division; recommends and administers policies and procedures.
• Researches, writes and develops grant proposals for the Agency; represents the Agency in funding negotiations with external agencies; assists in the development and implementation of the Agency Full Funding Grant Agreements. Helps manage partnerships with federal stakeholders such as the Federal Transit Administration and Build America Bureau as it relates to grant and loan development and execution.
• Assists in the development and maintenance of policies and procedures related to the grant program and Federal loan program ensuring they are current and accurate.
• Develop grant applications and manage post award functions including ensuring compliance with federal grant requirements, reporting, and accurate, eligible, and timely grant drawdowns and reimbursements.
• Prepares and maintains a variety of records, files, and reports; organizes and files paperwork and reports; archives prior years materials.
• Coordinates other special projects/programs as requested; serves on a various committees as assigned; attends and participates in professional group meetings; stays abreast of new trends and innovations in assigned field; maintains awareness of federal, state and local regulations and impact of changes on the Agency.
• Champions and models Sound Transit's core values and demonstrates values-based behaviors in everyday interactions across the agency.
• Contributes to a culture of diversity, equity and inclusion in alignment with Sound Transit's Equity & Inclusion Policy.
• It is the responsibility of all employees to follow the Agency safety rules, regulations, and procedures pertaining to their assigned duties and responsibilities, which could include systems, operations, and/or other employees.
• It is the responsibility of all employees to integrate sustainability into everyday business practices.
• Other duties as assigned.

MINIMUM QUALIFICATIONS:

Education and Experience: Bachelor's degree in Finance, Business Administration, Economics, Public Administration, Grants and Loan Management (pre and post award functions) or related field; Five years of experience in assigned area, which includes responsibility for grant and loan administration; Or an equivalent combination of education and experience.

Required Knowledge and Skills:

• Public finance and experience in federal loan development, administration, and management. Advanced principles, practices, and procedures in grant and loan development, monitoring, management, and reporting.
• Federal grants and loan processes and requirements.
• Accounting and finance theory, principles, and practices.
• Applications of electronic data processing and analysis and federal award management systems.
• Agency policies, procedures, rules, and regulations.
• Modern office procedures, methods, and equipment including computers.
• Computer applications such as word processing, spreadsheets, and statistical databases.
• Establishing and maintaining effective working relationships with others, including management. Interpreting and administering regulations, policies, and procedures sufficient to administer, discuss, resolve, and explain them to staff and other constituencies.
• Strong Excel and financial modeling skills.
• Drafting, reviewing, and negotiating complex agreements and contracts.
• Researching, analyzing, and evaluating new and complex financing products.
• Applying advanced project management techniques and principles.
• Keen attention to detail with advanced analytical and problem-solving skills.
• Ability to work in a self-guided manner, demonstrate good personal judgment.
• Applying effective interpersonal skills in sensitive and confidential financial transactions requiring demonstrated poise, tact, diplomacy, and the ability to interact with individuals at all levels of the organization.
• Being comfortable with shifting priorities, frequent changes, and positively supporting management through change.
• Building new process, seeking out, and applying best practices and use of business process thinking.

Preferred Knowledge and Skills:

• Knowledge of cash flow forecasting, budget, financial analysis, and modeling skills.

Physical Demands / Work Environment:

• Work is performed in a standard hybrid office environment.
• The Agency promotes a safe and healthy work environment and provides appropriate safety and equipment training for all personnel as required.

Sound Transit is an equal employment opportunity employer. No person is unlawfully excluded from employment action based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status or other protected class.