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Analyst - Incentives

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New York City Economic Development Corporation

1mo ago

  • Job
    Full-time
    Entry & Junior Level
  • New York

AI generated summary

  • You need an undergraduate degree, 0-2 years in finance, real estate, or public policy, Excel and PowerPoint skills, strong communication, teamwork ability, and NYC residency within 180 days.
  • You will manage incentive transactions, assist with financial application reviews, track project progress, prepare reports, support outreach, and contribute to program development and analysis.

Requirements

  • Undergraduate degree required
  • 0 to 2 years of relevant experience (finance, real estate, public policy, urban planning, City or State government)
  • Proficient with spreadsheets and presentation applications, including Excel and PowerPoint
  • Familiarity with databases such as CoStar and experience creating budgets or financial statements is a plus
  • Detail-oriented with a focus on execution
  • Strong written and verbal communication skills, including public speaking
  • Ability to prioritize competing needs and opportunities
  • Demonstrated ability to work in a team-based environment as well as working independently
  • Preference for candidates with demonstrated interest or experience in New York City, economic development, real estate or public policy issues
  • New York City residence is required within 180 days of hire

Responsibilities

  • Develop a working knowledge of tax incentive and tax-exempt bond financing programs that are available through NYCIDA, Build NYC, and NYCNCC, respectively
  • Support senior staff in managing incentive transactions from origination through closing
  • Assist with the review of applications for financial assistance from for-profit and not-for-profit clients, including organizing supporting documentation and helping to coordinate due diligence processes, including environmental reviews, legal evaluations, financial analyses and background checks
  • Plan and participate in project site visits
  • Prepare written summaries, memos and presentation materials to support project recommendations, internal meetings, and external communications
  • Track project and portfolio progress, maintain internal databases, and ensure documentation is complete and accurate
  • Organize and collect key project and program data for internal tracking, analysis, and reporting
  • Pull data from internal and external sources to respond to information requests and support policy analysis
  • Support the creation and updating of maps and visualizations to inform decision-making and external engagement
  • Assist with updating marketing materials, slide decks, program overviews, and other external facing collateral
  • Support outreach and education efforts to inform other organizations - including start-ups, not-for-profits, developers, CDFIs, PE/VC, investment banks, consultants, industry associations/business groups, civic and community stakeholders and other agencies - about available incentives and programs
  • Assist in the design and administration of new financial assistance programs by gathering data, researching best practices, and helping prepare supporting materials
  • Contribute to ad-hoc research and analysis in support of strategic initiatives and new program development
  • Coordinate with colleagues across NYCEDC and with external stakeholders as needed
  • Perform other duties and special projects as assigned

FAQs

What is the salary range for the Analyst - Incentives position?

The salary range for the Analyst - Incentives position is $67,000—$69,000 USD.

What qualifications are required for this role?

An undergraduate degree is required, along with 0 to 2 years of relevant experience in finance, real estate, public policy, urban planning, or City or State government.

Is prior experience in economic development necessary for this position?

While prior experience in economic development is preferred, it is not strictly necessary; demonstrated interest in New York City, economic development, real estate, or public policy issues is valued.

What kind of benefits does NYCEDC offer employees?

NYCEDC offers a variety of benefits including employer-subsidized health insurance, retirement savings programs, generous vacation days, parental leave, tuition reimbursement, and additional perks like gym membership discounts and a Calm.com membership.

Are there opportunities for professional development in this role?

Yes, there are opportunities for continuing education and professional development as part of the employee benefits.

Is New York City residency required for this position?

Yes, candidates must reside in New York City within 180 days of hire.

What are the primary responsibilities of the Analyst - Incentives?

Responsibilities include supporting senior staff in managing incentive transactions, assisting with project due diligence, preparing written summaries and presentations, tracking project progress, organizing data for analysis, and contributing to outreach efforts.

Will I need to conduct site visits for this position?

Yes, planning and participating in project site visits is part of the role.

Is there an emphasis on teamwork for this position?

Yes, this role requires the ability to work effectively in a team-based environment as well as independently.

What software skills are necessary for the Analyst - Incentives role?

Proficiency with spreadsheets and presentation applications such as Excel and PowerPoint is required; familiarity with databases like CoStar is a plus.

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New York City Economic Development Corporation

Building strong neighborhoods. Creating good jobs.

Government
Industry
201-500
Employees
1991
Founded Year

Mission & Purpose

New York City Economic Development Corporation is a mission-driven, nonprofit organisation 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 neighbourhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city's future economy.