Careers at HDC

The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency.  HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.

HDC is an Equal Opportunity Employer. 
 

Available Positions:

Loan Servicing Clerk
Credit Analyst
Internal Auditor
Assistant General Counsel
Accountant
Oracle Business Intelligence Developer
Project Manager, Engineering & Architecture

 

 HDC is an Equal Opportunity Employer

Loan Servicing Clerk

Area of Talent:    Loan Servicing/ Affordable Housing

Position Type:     Full Time/Non-Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

This position reports to the Vice President, Loan Servicing, supporting the VP and the Loan Servicing team handling various responsibilities or projects as needed.

 

Job Responsibilities:

  • Monitor mortgage loan maturities and balloon payments.
  • Perform escrow analysis to ensure sufficient funds are available for upcoming real estate tax bills, insurance premiums and water and sewer charges. Obtain missing invoices when needed.
  • Coordinate:
    •  year- end reporting of real estate taxes and liens
    • departmental work flow for reserves for replacement and surplus cash
    • delinquency reporting for the loan servicing team
  • Liaison with the New York City Department of Housing and Preservation Development (“HPD”) on new loans, balance requests and balance reconciliations.  Preparation and review of monthly HPD remittance.
  • Distribution of incoming and outgoing departmental mail.
  • Other projects/responsibilities, as assigned.

 

Required Qualifications:

  • A Bachelor’s Degree from an accredited college in a related field such as finance, accounting, business administration.
  • Strong financial analysis skills as well as knowledge of basic financial and mortgage related terminology.
  • Proficiency with Microsoft Office suite specifically Outlook, Excel and Word, including mail merge.
  • Proficiency with a scanning system, preferably Knowledge Lake.
  • Ability to work independently as well as in a team environment. 
  • Strong organizational skills with excellent attention to detail.
  • Strong interpersonal, verbal and written communication skills and the ability to manage communications with external partners.

 

 

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 

 HDC is an Equal Opportunity Employer

Credit Analyst

Area of Talent:    Credit Risk/ Affordable Housing

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Credit Analyst reports to the Chief Risk Officer and will be an active participant in the monitoring and analyzing of HDC’s credit risk exposures, policies, and procedures.  The Credit Analyst will be responsible for performing loan portfolio analysis and any other analysis related to HDC’s credit risk exposures.  Additionally, the Credit Analyst will assist with special projects as directed by Risk Management staff.

 

Job Responsibilities:

  • Participate in the development and monitoring of credit risk management policies and procedures.
  • Assist in the analysis of various types of lending proposals according to HDC’s credit policies.
  • Assist in the research and reporting of program participant credit quality according to HDC’s credit policies.
  • Develop and maintain financial models for assessing credit quality and asset management.
  • Assist with coordination of the Corporation’s Credit Committee, including review and dissemination of credit memos and maintenance of the Committee’s minutes.
  • Monitor and update credit rating agency actions (Moody’s and S&P).
  • Assist in the subsidy layering review process for projects utilizing HFA Risk Share Program.
  • Assist in the annual maintenance and operating (M&O) expense review, including the research of each line item’s history and the projection of future increases.
  • Assist in the maintenance of the minutes for internal Corporation committees (including both Credit and Audit Committees).
  • Perform periodic regulatory reviews of internal loan portfolios.
  • Keep current on financial, accounting, and tax changes related to real estate and housing development that may impact HDC’s credit policies.
  • Perform such other duties as assigned by the Risk Management staff.

 

Required Qualifications:

  • Bachelor’s degree from an accredited college or university in finance or real estate.
  • Minimum one to three years of analytical work experience, preferably in affordable housing.
  • Proficiency and working knowledge of computer programs for financial analysis and database management, including Microsoft Office (Excel, Word, and PowerPoint).
  • Experience building financial models and performing portfolio analysis.
  • Experience developing financial reports and presenting findings to management.
  • Excellent oral and written communication skills.
  • Excellent organizational skills and attention to detail.
  • Ability to work independently or under the direction of other Risk Management team members.
  • Ability to multitask and prioritize multiple projects.
  • Affordable housing industry experience preferred.

 

 

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 

 HDC is an Equal Opportunity Employer

Internal Auditor

Area of Talent:    Internal Audit/ Affordable Housing

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Internal Auditor reports to the Chief Risk Officer and is responsible for performing individual or team internal audit projects as part of HDC’s total internal audit plan. Work performed will include coverage of functional and operating units with a focus on financial and operational processes.

 

Job Responsibilities:

  • Perform financial and operational audits that support internal and external audit requirements in a professional manner
  • Prepare audit reports and/or work papers that document the results of the work performed in a detailed and accurate way
  • Evaluate the company’s internal control environment and assist in the development of the Annual Internal Audit Plan
  • Review and assure compliance with corporate policies and procedures, government regulations, and accounting guidelines
  • Assess the design, effectiveness and adequacy of key systems and processes based on walkthroughs and transaction compliance testing
  • Present results and recommendations to Internal Audit management
  • Assist Internal Audit management with periodic reporting to the Audit Committee with a focus on advocating internal control and corporate governance concepts throughout the organization
  • Interact with all levels of management and company employees
  • Perform all other related work as directed by the Chief Risk Officer

 

Required Qualifications:

  • Bachelor’s degree from an accredited college or university in Business Administration, Accounting or other comparable major with certification as a CIA, CPA, or CISA, a plus
  • 1-3 years of audit experience or other comparable experience
  • Understanding of internal control concepts with experience applying them to plan
  • Experience performing, managing, and reporting on the evaluation of various business processes/areas/functions
  • Demonstrated verbal and written communication skills
  • Understanding of internal auditing standards and financial reporting, and applying technical accounting concepts/statutes as needed
  • Proficiency and working knowledge of Microsoft Excel, Word, Access, PowerPoint, and Visio
  • Affordable Housing industry experience, a plus

 

 

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 

 HDC is an Equal Opportunity Employer

Assistant General Counsel

Area of Talent:    Public Finance/ Real Estate

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Assistant General Counsel reports to the General Counsel and Deputy General Counsel, Legal Department and serves as counsel for HDC in negotiating, analyzing, structuring and closing secured loan and bond transactions.

 

Job Responsibilities:

  • Drafts commitments, regulatory agreements, notes and mortgages.
  • Reviews and analyzes title and due diligence items regarding real estate.
  • Reviews documents of borrower’s and lender’s counsel.
  • Assists in converting construction loans to permanent loans.
  • Handles general miscellaneous legal duties as assigned.

 

Required Qualifications:

  • Law Degree from an accredited Law School.
  • 2-5 years minimum of relevant experience in transactional real estate, corporate transactions and/or public finance or, a satisfactory combination of experience/or education that is equivalent to the above.
  • Superior organizational, analytic, and problem solving skills.
  • Strong communication skills.
  • Proficiency with Microsoft Office suite.

 

 

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 

 HDC is an Equal Opportunity Employer

Accountant

Area of Talent:    Accounting/ Affordable Housing

Position Type:     Full Time/Non-Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

  • The Accountant reports to the Chief Accountant and is responsible to apply the principles of accounting to process, analyze and report financial transactions.

 

Job Responsibilities:

  • Process financial transactions related to Bond, Mortgage, Investment and Escrows in the General Ledger.
  • Calculate and record revenue and expense accruals in the General Ledger.
  • Review investment, bonds and mortgage related transactions and amortize deferred revenues and expenses.
  • Prepare bank reconciliations, account analysis, mortgage confirmation and payoff amounts.
  • Prepare periodic and annual financial statements with supporting schedules and footnote disclosures.

 

Required Qualifications:

  • Bachelor’s degree in Accounting from an accredited college or university, and two years’ experience in a related area and/or internship; or equivalent combination of education and experience.
  • Proficiency in Microsoft Office – Word, Excel, and Outlook.
  • Detail oriented with the ability to multi-task and work both independently and as part of a team.
  • Excellent written and oral communication skills.

 

Preferred Qualifications:

  • Familiarity with Oracle.
  • Knowledge of investment securities.

 

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 

 HDC is an Equal Opportunity Employer

Oracle Business Intelligence Developer

Area of Talent:    Information Technology

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

HDC seeks a Data Warehouse and Business Intelligence Developer with experience in Oracle. HDC is seeking a well-rounded developer who has experience in multiple concepts and technologies related to data warehousing and business intelligence, such as data extraction, loading, and transformation, data analytics, data mining, data lakes, data catalogs, data warehousing, business intelligence dashboards, and analysis of structured and unstructured data. In addition to fulfilling standard business requests for predefined reports and dashboards, the developer will actively participate in projects to update our existing data warehouse framework with a new architecture that leverages recent industry innovations. These projects may include the creation of a data lake and corresponding data catalog where users utilizing a variety of self-service business intelligence tools can easily consume data.

 

Job Responsibilities:

  • Interact with users to understand and recommend reporting/BI solutions that meet diverse, complex business reporting and analytic needs. Design, develop, implement and customize these solutions.
  • Analyze and understand the organization’s data in order to design appropriate data models to support self-service BI reports and dashboards.
  • Design, develop, customize and test data ETL and/or ELT mappings and workflows.
  • Create interactive user and executive-level dashboards for various business units including corporate, finance, asset management, housing development, communications and loan servicing.
  • Maintain data security for business units based on their roles and responsibilities.
  • Provide technical support to resolve any production issues.
  • Work with senior IT leadership to recommend, implement and adhere to BI industry best practices.
  • Work with senior IT leadership to recommend and establish governance and control around self-service BI/Analytics considering industry best practices.
  • Work with a variety of technologies and tools, that currently includes:
    • Informatica Designer and Workflow Manager
    • Scheduling execution plans for Informatica jobs in the Oracle Data Warehouse Administration Console
    • Oracle Business Intelligence Repository
    • Oracle Business Intelligence Dashboard Developer
    • Data modelling in the Oracle OBIEE and creating materialized views in OBIEE Repository
    • Design, develop, test and implement open interfaces in various Oracle modules
    • Define and develop an implementation strategy for newly released features of Oracle Business Intelligence and Informatica with respect to version upgrades

 

Required Qualifications:

  • A Bachelor’s Degree from an accredited college in a related field
  • Strong communication and problem-solving skills
  • Ability to work independently or as part of a team
  • Experience working with technical leads and business owners
  • Demonstrated ability to work in a highly dynamic business environment providing direct support to business users
  • Demonstrated ability to manage multiple priorities
  • Understanding of end to end BI/DW development and operations life cycle
  • Hands-on experience in logical and physical data modeling
  • Strong experience in querying raw data, optimizing SQL and troubleshooting SQL
  • Functional knowledge of Oracle database and Oracle OBIEE
  • Interest in learning new tools and technologies

 

Preferred Qualifications:

  • 3 plus years relevant experience
  • Experience with cloud based tools and environments
  • Experience working with Oracle Financials ERP
  • Functional knowledge of ETL tool Informatica
  • Experience in designing and creating complex OBIEE and Dashboards
  • Experience working and upgrading in various operating systems environments such as Linux and Windows
  • Experience with self-service BI tools, including Microsoft Power BI and associated tools (Power Query, Power View, Power Pivot)
  • Experience with R and/or Python is a plus

 

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 

 HDC is an Equal Opportunity Employer

Project Manager, Engineering & Architecture

Area of Talent:    Engineering, Affordable Housing

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Project Manager, Engineering & Architecture position reports to the Assistant Vice President in the Asset Management Department. This position performs physical inspections, design reviews, rehabilitation plan and cost review, and construction monitoring of occupied rehabilitation projects to preserve the integrity of HDC’s portfolio of affordable multi-family housing developments.  

 

Job Responsibilities:

  • Analyze and assess building conditions, maintenance practices, energy efficiency, storm    resiliency, construction plans, rehabilitation costs, and progress.
  • Prepare written reports to management and ownership with findings and recommendations.
  • Review owner responses to findings and determine the feasibility of the proposed remediation.
  • Complete plan and cost reviews of rehabilitation scopes to advise financing staff.
  • Monitor construction progress and review construction requisitions.
  • Participate in evaluating initiatives and policies affecting the physical strength of  HDC’s portfolio.
  • Participate and represent HDC in meetings with borrowers, business partners and other agencies.
  • Oversee third party consultants as applicable.
  • Frequent travel throughout the five boroughs of New York City.

 

Required Qualifications:

  • Bachelor’s degree in engineering, architecture, or construction management.
  • 2-5 years experience in engineering, architecture, or construction management.
  • Knowledge of NYC building codes, multi-family residential construction, HVAC, plumbing and building conveyance systems.
  • Strong interpersonal, verbal and written communication skills.
  • Proficiency in Microsoft Office productivity tools.

 

Preferred Qualifications:

  • 5 plus years relevant experience
  • NYS licensed PE or RA, LEED, BPI or CEM certification
  • Knowledge of Federal State and New York City affordable housing programs.
  • NYS driver’s license preferred, but not required.

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer