The New York City Housing Development Corporation (HDC) is the nation’s number one issuer of bonds for multi-family affordable housing. Established as a public benefit corporation by the State of New York in 1971, HDC is responsible for financing the creation and preservation of affordable housing within the five boroughs of New York City. The financing provided by HDC is in the form of low-cost mortgages made through the sale of tax-exempt and taxable bonds. Our programs are designed for multi-family rental housing and cooperative developments and serve a wide range of income segments from very-low to middle-income tenants. 

HDC is an equal opportunity employer. Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

Available Positions:

Communications Specialist

Department: Communications/Administration
Reports to: Director of External Affairs

Position Summary: 

The Communications Specialist will support the Communications Department on all internal and external communications, with an emphasis on visual design and content. The ideal candidate will have solid organizational, graphic design, communication, and writing skills; and some experience with photography and digital media is preferred.  The ideal candidate will also have the ability to work independently, analyzing information critical to HDC’s business and proposing strategies for the successful communication of that information to HDC’s staff, partners and the general public as appropriate.  The position requires creativity and judgment, with responsibilities increasing over time.

Major Responsibilities:

• Create, edit, and coordinate content for the website, digital media, and other materials critical to the messaging of HDC’s business. 
• Participate in the design, editing, and distribution of various media including press releases, marketing materials, and presentations.
• Event planning; including coordinating/preparing events, attending the events, and providing photographic and written coverage.
• Ensure consistency of brand, logo, and messaging on all internal and external digital content.
• Prepare daily news clips of media related to HDC and all relevant affordable housing news
• Provide strategic support to the communications department; including the organization and retention of records, the processing of invoices, the tracking of inter-departmental materials and photographs, and maintaining/updating key contact lists. 
• Maintain a correspondence log tracking arrival, assignment and disposition of the department’s incoming and outgoing mail, emails and calls.
• Assess the nature of received inquiries and prepare responses independently or, as needed, in coordination with members of the team and other HDC departments. 

Requirements:

• B.A. Degree in a related field
• Graphic Design skills with proficiency in Adobe Creative Suite (Illustrator, InDesign, and Photoshop).
• Web Design knowledge and Photography skills preferred.
• Proficient in Microsoft Office: Excel, Word & PowerPoint.
• Social media management knowledge a plus: Twitter, Facebook, Instagram, LinkedIn, etc.
• Strong interpersonal and writing skills
• Ability to coordinate across departments and organizations, as well as work independently.

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

HDC is an equal opportunity employer

Chief Accountant

Department: Accounting and Budget
Reports to: Controller and Deputy Controller 

Position Summary: 

The Chief Accountant is expected to work closely with the Controller and Deputy Controller in the everyday management of the accounting department, its staff and its interaction with all departments throughout the Corporation. This position requires an individual with the ability to think logically and proactively as the department implements new and complex financial transactions, softwares, accounting standards, and reporting requirements.

Responsibilities:

• Work closely with the Controller and Deputy Controller to implement and carry out the department’s goals as well as that of the Corporation; have the ability to think through issues and solve problems; have the ability to make decisions and recognize when to escalate to senior managers
• Supervise senior and staff accountants in the daily activities and transactions of the Corporation; train new staff 
• Provide guidance and analytical support to accounting staff on recording new types of financial transactions
• Review and analyze financial transactions for accurate accounting including mortgage, bond and investment transactions
• Read and interpret mortgage and bond documents to set up complex financial transactions in the general ledger as well as to be able to discuss the documents with other departments
• Provide guidance and support to staff in the preparation of the Corporation’s operating budget and five year capital plan
• Supervise the preparation of the Corporation’s financial statements
• Analyze quarterly and year-end financial statements and prepare a written summary of financial activities for those financial statements
• Assist in managing the fiscal year-end financial statement audit process; communicate and work with the external auditors and coordinate requests with accounting staff during the audit
• Serve as a coordinator between the accounting division and other departments on financial, technical, and other corporate matters; represent the department at project management meetings and have the ability to report updates back to senior management as well as recommend solutions and decisions as needed
• Maintain and update the department’s procedural manual

Requirements:

• BA/BS in Accounting with a minimum of 7 years of relevant experience in the accounting field
• Proficiency in accounting principles; knowledge of GASB a plus
• Experience in managing a large staff for a minimum of 3 years
• Strong financial analysis and problem solving skills
• Proficiency in Microsoft (Excel, Word, Access, Power Point) required; Oracle Financials and Business Intelligent Query Tool a plus 
• Strong project management skills
• Excellent communication (oral and written) and presentation skills

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

HDC is an equal opportunity employer

Portfolio Analyst in Asset Management

Reports To: Vice President, Portfolio Analysis 
  

Position Summary:

Position actively participates in the monitoring and analysis of risk exposure for housing developments and loans within the HDC Asset Management portfolio. The portfolio analyst will evaluate the physical and financial performance of assigned projects individually and collectively based on groupings such as by housing provider (i.e. external developers & managing agents) and by HDC program type.  

Responsibilities:

• Actively monitor and evaluate assigned portfolio of projects on an on-going basis 
• Establish and maintain relationships with project owners, managing agents and various government agencies 
• Input financial statements into HDC database 
• Review and analyze financial statements and physical inspections for each property; coordinate with HDC's engineers on noted issues
• Follow up and remedy financial issues such as mortgage delinquencies 
• Assess troubled properties to provide technical assistance and work with more senior staff to devise workout strategies 
• Review legal documents and agreements to identify project-specific regulatory obligations 
• Perform field audits and site inspections to develop personal experience with assigned projects. This involves some local travel via public transportation to project locations throughout the five boroughs 
• Work with senior staff to establish criteria and reports to assess the performance of the HDC portfolio 

Requirements:

• Strong Financial Analysis Skills required
• Excellent Organizational and Communication Skills (Oral and Written)
• Proficiency with spreadsheets, financial analysis and database management (including Microsoft Office)
• B.A or B.S. Degree Required either in Finance, Real Estate, or Accounting.  Degree in Business Administration may also be acceptable if it includes substantial course work/credits specific to Finance, Real Estate, and/or Accounting.
• Some experience in, or working knowledge of affordable housing programs is preferred

HDC is an equal opportunity employer