Bond Finance Analyst - Affordable Housing Impact

New York City Housing Development Corporation; New York (NY); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Health Benefits

Dental & Vision

Retirement Match

Paid Leave

Professional Development

Public Service Loan Forgiveness

Wellness Reimbursement

Backup Caregiver

Job summary

The New York City Housing Development Corporation (HDC) is a public benefit corporation that finances and preserves affordable housing in New York City. The Financial Analyst will support structuring and execution of tax-exempt and taxable multifamily bond financings, work with internal teams and external partners, and help with cash flow analyses and reporting.

Ideal candidates have a finance or real estate background, 1–4 years in bond or real estate finance, strong Excel skills, and the

Qualifications

• Bachelor’s degree in finance, economics, real estate, business administration, mathematics, and/or data management.
• Minimum of 1-4 years of relevant experience in bond finance, real estate finance, affordable housing and/or mortgage operations; or a satisfactory combination of education and/or experience that is equivalent to the above.
• Understanding of financial concepts and mortgages.
• Superior organizational, analytic, and problem-solving skills, attention to detail, and ability to multi-task.
• Strong communication skills with the ability to articulate complex ideas to both technical and non-technical teams.
• Strong proficiency in data management and use of financial software applications.
• Proficiency with Microsoft Office suite specifically intermediate to advanced Excel skills.

Responsibilities

• Structure bond offerings and execute bond pricings and closings, including preparing investor roadshows, rating agency presentations, and other investor marketing materials
• Review and update bond and mortgage portfolio information, including summaries by bond interest rate mode, interest rate hedge details, mortgage loan lien priority and credit enhancement, and counterparty exposure
• Create and maintain portfolio models to support bond issuance, identify and evaluate financing opportunities and alternatives, and conduct debt capacity and feasibility analyses
• Perform cash flow analyses to evaluate debt financing alternatives
• Prepare presentations for rating agencies, investors, other counterparties, and industry conferences
• Create and maintain portfolio databases for ongoing monitoring and reporting requirements
• Leverage HDC software engineering team to develop customized management reports and bond and mortgage loan tracking information
• Identify key requirements (systems, reports, processes, and interfaces) to sustain existing data structures and to update and maintain database information

Skills

Strong communication skills

Excel skills

Data management

Financial software

Education

Bachelor’s degree in finance, economics, real estate, business administration, mathematics, and/or data management

Tools

Excel

Microsoft Office

Job description

The New York City Housing Development Corporation (HDC) is a public benefit corporation that finances and preserves affordable housing in New York City. The Financial Analyst will support structuring and execution of tax-exempt and taxable multifamily bond financings, work with internal teams and external partners, and help with cash flow analyses and reporting.

Ideal candidates have a finance or real estate background, 1–4 years in bond or real estate finance, strong Excel skills, and the