Position Information

NY HELPNo

AgencyEmpire State Development, NYS

TitleSenior Financial Analyst

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitNone listed

Salary RangeFrom $85000 to $90000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Schedule

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5:30 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

Location

County New York

Street Address 655 Third Avenue

City New York

StateNY

Zip Code10017

Job Specifics

Minimum Qualifications Education Level required: BA/BS. MBA desirable.

Relevant experience required: 5+ years of experience performing financial analysis of operating companies, large real estate transactions, and/or underwriting of commercial loans.

Knowledge required: The ideal candidate will have sufficient knowledge to independently analyze/spread financial statements and draft concise analyses of credit. This will include extensive knowledge of financial accounting, strong analytic abilities, facility with financial modeling, and excellent written and oral communication skills. The candidate should also have working knowledge of various forms of tax credits (LIHTC, HTC & NMTC). Advanced Excel skills required.

Duties Description *Applicants MUST submit a cover letter with resume to be considered.
This position will require in-office presence.
Minorities, women, and individuals with disabilities are encouraged to apply. Please contact
Human Resources if you require an accommodation.
Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy.*

BASIC FUNCTION:
Conduct financial and credit analysis of operating companies and real estate development projects to determine the level of State support required and to structure loans, grants, disposition of State assets and other financial assistance accordingly.

WORK PERFORMED:
• Develop financial models to evaluate various real estate development proposals.
• Create/modify custom excel worksheets for developers to use to detail their financial plans.
• Conduct credit analysis and underwrite loans, draft loan reports, and make presentations to the Board for credit approval.
• Prepare memoranda detailing corporate and project financial strength, credit risks, and funding gaps.
• Provide finance scores for regional counsel projects.
• Perform site visits to potential/current borrowers and interview counter parties.
• Perform risk assessment of credit and collateral to ensure loan stability and sound credit quality.
• Perform sensitivity analyses and initiate financial feasibility studies on complex business development proposals.
• Create/modify custom excel worksheets to analyze large-scale projects.
• Research, develop, and implement programs that promote economic development.
• Provide high level financial analysis assistance to various other departments, including real estate, venture capital, loans & grants, and other state agencies.

Additional Comments Salary range as specified.
Comprehensive Benefits Package.

Some positions may require additional credentials or a background check to verify your identity.

Contact Information

Name Valeria De Jesus – HR Generalist

Telephone N/A

Fax N/A

Email Address resumes@esd.ny.gov

Address

Street 655 Third Avenue

City New York

State NY

Zip Code 10017

 

Notes on ApplyingExternal Candidates: Please attach cover letter and resume. To apply copy & paste URL in browser: https://bit.ly/3APr8cp

Internal Candidates: Please apply through ADP using the Myself/Talent menu and submit your cover letter and resume for consideration .

WE ARE AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY