New York City Housing Development Corporation · 5 days ago

Portfolio Analyst

NYC Metro Area

Full-time

Onsite

Entry, Mid Level

$68K/yr - $74K/yr

2+ years exp

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Comp. & Benefits

Insider Connection @New York City Housing Development Corporation

Discover valuable connections within the company who might provide insights and potential referrals, giving your job application an inside edge.

Responsibilities

Establish and maintain relationships with project owners, managing agents and various governmental agencies.

Review and analyze financial statements and physical inspection reports for each property.

Work closely with HDC Engineers on physical inspections that require timely follow up.

Monitor and take appropriate and swift action on financial issues such as mortgage delinquencies.

Work closely with Senior Portfolio Analysis staff to assess the performance of the HDC portfolio and to help design workout strategies for delinquent properties.

Review requests for withdrawals from project reserve accounts maintained by HDC

Coordinate requests for the approval of limited partner and general partner exits, and other changes to ownership structures, and requests to approve managing agents

Enforce project-specific regulatory obligations identified through thorough review of legal documents and agreements

Perform other duties and work on special projects as assigned

Qualification

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Financial AnalysisMortgage Loan ModelsAffordable Housing Industry KnowledgeMicrosoft ExcelDatabase ManagementProblem-SolvingInterpersonalCommunicationRelationship BuildingOrganizationalAttention to DetailAffordable Housing Programs KnowledgeDevelopment Process Knowledge

Required

Bachelor’s degree in finance, real estate, or accounting; business administration with substantial course work/credits specific to finance, real estate, and/or accounting also acceptable.

A minimum of 2 years of relevant experience in real estate lending, and/or development; or a satisfactory combination of education and/or experience equivalent to the above

Strong financial analysis skills and proficiency in using mortgage loan models

Demonstrated interest in the affordable housing industry.

Microsoft Excel experience performing Intermediate level functions including spreadsheet creation and database management.

Strong interpersonal, verbal, and written communication skills, and the ability to build relationships with staff, executives and external partners.

Strong organizational skills with excellent attention to detail.