New York City Economic Development Corporation

New York City Economic Development Corporation

Senior ​Associate, Funds + Advisory

New York, New York, United States · Senior

Sponsorship not specifiedDetected 8 days ago
RESTFinancial ModelingFinancial AnalysisExcelValuationResearchCommunicationCritical ThinkingPublic SpeakingMicrosoft OfficeUnderwriting

About the role

  • The Senior Associate will work on the Funds & Advisory team within the Strategic Investments Group.
  • Investments are made directly in companies and into funds.
  • Investments cut across asset classes, including debt, equity, and guarantees and seek blended financial and social / environmental returns.

Responsibilities

  • Support due diligence in the form of business model evaluation, financial analysis, and industry/market analysis
  • Develop and maintain detailed financial models, including ability to isolate and manipulate key model drivers
  • Support internal and external colleagues with impact investment program design and execution
  • Collaborate with colleagues in other NYCEDC departments, including but not limited to Legal, Finance, Strategy, and Initiatives to support organizational and city priorities

Requirements

  • Undergraduate degree
  • At least 3 years of transactional experience in a relevant field (e.g., investing, investment banking, private equity, real estate finance)
  • Proven financial analysis skills, including financial modeling, underwriting and/or valuation, and quantitative analysis
  • Proficiency using spreadsheet and presentation applications, including Excel and PowerPoint
  • NYC residency is required within 180 days of hire
  • Effective written and verbal communication skills, including public speaking and engagement with external stakeholders
  • Demonstrated ability to manage competing priorities while maintaining organization, accuracy, and attention to detail.
  • Demonstrated analytical skills, including the ability to evaluate information, identify trends, and develop evidence-based recommendations.
  • Demonstrated sound judgment, with the ability to assess opportunities and support informed decision-making.
  • Demonstrated ability to assess opportunities through analytical and critical thinking to support sound decision-making.
  • Demonstrated ability to manage work independently and contribute effectively within cross-functional teams
  • Demonstrated interest in NYC, public policy, public-private partnerships, and program design

Nice to have

  • Demonstrated interest in or experience with impact investing that balances financial returns with measurable social, economic, or environmental outcomes preferred.

Compensation

  • $90,000 - $92,000 USD

Benefits

  • N YCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance.
  • We offer comprehensive benefits and unique perks to ensure
  • Generous employer subsidized health insurance
  • Medical, dental, and pharmacy plans
  • Vision and hearing benefits
  • Flexible spending accounts for healthcare and dependent care
  • Short term and long-term disability coverage
  • 100% employer covered life insurance and supplemental life insurance coverage

Company info

  • Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.
  • New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers.
  • We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city's future economy.
  • We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:
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  • Position Overview:
  • The Funds & Advisory team manages a diversified portfolio that, consistent with the rest of NYCEDC, is dedicated to expanding opportunity and enriching NYC's economy.
  • The Funds & Advisory team also advises internal and external stakeholders on a range of strategic initiatives and financial topics. ​
  • The Senior Associate will assist with all aspects of the impact investment process, including pipeline sourcing, financial analysis and modeling, due diligence, investment memorandum preparation, presentation to the relevant governance committee(s), legal documentation, transaction execution and funding.
  • The Senior Associate will also assist with the broader advisory function, ongoing fund portfolio monitoring and reporting and research-based evaluation and program design associated with the launch of new impact investment tools.
  • Essential Duties & Responsibilities:
  • Source pipeline and screen business plans to cultivate impact investment opportunities
  • Assist with investment structuring and credit and valuation analyses (e.g., IRR and DCF analyses)
  • Review and negotiate term sheets and legal documentation
  • Prepare investment memorandums and presentations to inform senior decision-making, including presenting investment recommendations to NYCEDC executive staff, board members, and City officials
  • Assist with fund monitoring and reporting, including financial and impact returns
  • Prepare ad-hoc analyses to evaluate new impact investment programs and strategic opportunities
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This listing is sourced directly from New York City Economic Development Corporation's careers page and normalized into a canonical job model.