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Finance Policy Analyst

Recruitment #18-002586-0079


The Maryland Higher Education Commission (MHEC), is seeking an enthusiastic, energetic and knowledgable individual to fill the position of Administrator I (Finance Policy Analyst) in their Finance Policy Division. 




6 N. Liberty St., 10th Fl, Baltimore, Maryland  21201

Main Purpose of Job

The finance policy analyst is responsible for administration of the Student Loan Debt Relief Tax Credit. This includes administration of the annual enrollment period; performing data entry of the annual applicant information; assisting with the credit award determination process with the Finance Policy Supervising Analyst and the Assistant Secretary for Finance and Administration; and coordinating and working with the Office of the Comptroller for the award of the tax credits. This position is also responsible for ensuring that all activities within the program comply with statutory and regulatory requirements. This position also assists with all communications for the Tax Credit, including telephone inquiries from applicants and tax credit recipients; advertising and outreach through social media and other forms; and through written correspondence and email. The position also performs follow-up activities that require tax credit recipients to use the tax credits to pay down their outstanding student loan balances within two years of receiving the tax credits. This position is responsible for keeping all records for the Student Loan Debt Relief Tax Credit program.


Responsibilities include:

·         Administering annual enrollment period for Student Loan Debt Relief Tax Credits.

·         Collecting all applications and required filings from applicants.

·         Processing applications and entering applicant data in to SLDRC database.

·         Responding to inquiries during enrollment period.

·         Assembling and maintaining annual applicant database.

·         Running data from database to make determinations for awarding tax credits annually.

·         Working with the Program Manager of the SLDRTC program to determine tax credit awards.

·         Responding to tax credit inquiries from applicants, credit recipient and others through telephone, email and other communication methods.

·         Administering tax credit payment follow-up process to ensure that credit recipients use the tax credits to pay down student loan balances within 2 years of receipt.

·         Collecting documentation supporting and showing payment of the tax credits to outstanding student loan balances.

·         Working with the Program Manager and other staff in the annual administration of the Student Loan Debt Relief Tax Credit program.


Specific Competencies:

·         Experience in administration of programs with application processes and award decisions based upon specific eligibility criteria.

·         Ability to work effectively as a team member.

·         Ability to work independently, apply and interpret laws, policies and procedures and use of good judgment in evaluating and making decisions.

·         Ability to effectively prioritize tasks, estimate time frames, meet deadlines, plan and use available resources, and coordinate work assignments with others.

·         Ability to communicate effectively and maintain a courteous attitude toward the public and employees.

·         Knowledge of principles and processes for providing customer services, quality service standards, and customer satisfaction evaluation techniques.


Education: A Bachelor's degree from an accredited college or university.

Experience: Four years of experience in administrative staff or professional work.


1. Additional experience in administrative staff or professional work may be substituted on a year-for-year basis for the required education.

2. Additional graduate level education at an accredited college or university may be substituted at the rate of 30 semester credit hours on a year-for-year basis for the required experience.

3. 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 education and experience.



  • Experience in awarding tax credits.
  • One year fiscal experience and analysis.
  • One year experience with Debt Relief Tax Credit.


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.


All candidates will be subject to a background investigation.


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.



For inquiries regarding this recruitment, please call 410-767-4850.

RESUME REQUIRED with online application and can be uploaded as an attachment under the Resume Tab of the online application.  Please combine all documents together as ONE attachment (resume, degree, etc.).  

The online application process is STRONGLY preferred. If you are unable to apply online, you may mail a paper application to:                     

Department of Budget and Management         

Recruitment and Examination Division         

301 W. Preston Street   Room 608         

Baltimore, Maryland  21201           

Recruitment #18-002586-0079


The resulting certified eligible list for this recruitment may be used for similar positions in this or other State agencies.

As an 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.

TTY  Users: call via Maryland Relay

Applicants must be legally authorized to work in the U.S.A without sponsorship for employment visa status (e.g., H1B status).