Portfolio Analyst

New York City Housing Development Corporation; New York (NY); On-site; USD 68,000 - 74,000; Full time

Job summary

The New York City Housing Development Corporation is seeking a Portfolio Analyst to monitor housing developments and analyze financial conditions within their portfolio. This full-time position requires strong financial analysis skills and a background in finance or real estate, with a commitment to affordable housing.

Benefits

Health benefits

Dental benefits

Vision benefits

Retirement plans

Paid leave

Professional development

Qualifications

• Bachelor’s degree in finance, real estate, accounting, or business administration.
• At least 2 years of relevant experience in real estate lending or development.
• Strong financial analysis skills and proficiency in mortgage loan modeling.

Responsibilities

• Establish and maintain relationships with project owners and government agencies.
• Review and analyze financial statements and physical inspection reports.
• Monitor financial issues such as mortgage delinquencies.

Skills

Financial analysis

Interpersonal skills

Communication skills

Organizational skills

Attention to detail

Education

Bachelor’s degree in finance, real estate, accounting, or business administration

Tools

Microsoft Excel

Job description

Join to apply for the Portfolio Analyst role at New York City Housing Development Corporation.

The Portfolio Analysis team is tasked with monitoring the performance of housing developments within HDC’s portfolio, analyzing financial and physical conditions, and providing solutions for underperforming properties. This role reports to the Assistant Vice President of Portfolio Analysis.

Position Summary

The Portfolio Analysis team is responsible for actively monitoring housing developments within the HDC Asset Management portfolio, analyzing financial and physical conditions, and proposing solutions for underperforming properties. This position reports to the Assistant Vice President of Portfolio Analysis.

Area of Talent:

Asset Management / Affordable Housing

Position Type:

Full Time / Exempt

Salary Range:

$68,000 to $74,000 annually

Location:

NYC / Financial District

Responsibilities:

• Establish and maintain relationships with project owners, managing agents, and government agencies.
• Review and analyze financial statements and physical inspection reports.
• Coordinate physical inspections with HDC Engineers and follow up as needed.
• Monitor financial issues such as mortgage delinquencies and take appropriate action.
• Assess portfolio performance and assist in designing workout strategies for delinquent properties.
• Review requests for withdrawals from project reserve accounts.
• Coordinate approval processes for ownership changes and managing agents.
• Enforce regulatory obligations through legal document review.
• Perform additional duties and special projects as assigned.

Required Qualifications:

• Bachelor’s degree in finance, real estate, accounting, or business administration with relevant coursework.
• At least 2 years of relevant experience in real estate lending or development, or equivalent education/experience.
• Strong financial analysis skills and proficiency in mortgage loan modeling.
• Interest in the affordable housing industry.
• Intermediate proficiency in Microsoft Excel, including spreadsheet and database management.
• Excellent interpersonal, verbal, and written communication skills.
• Strong organizational skills with attention to detail.

Preferred Qualifications:

• Knowledge of federal, state, and local affordable housing programs and development processes.

Applicants are encouraged to submit a cover letter with their resume. Resumes and cover letters can also be faxed to [phone].

HDC offers competitive salaries, excellent benefits including health, dental, vision, retirement plans, paid leave, professional development, and more. We are committed to diversity and inclusion, providing reasonable accommodations for applicants with disabilities.