Loading... Please wait...

Join Us

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 resume to jobs@nychdc.com or fax your cover letter and resume to (212) 227-6893.

Available Positions

Financial Analyst

Reports to: Sr. Vice President

Department: Debt Issuance and Finance

The Debt Issuance and Finance Department is responsible for recommending financing strategies and structuring and implementing debt issuance for HDC.  We work closely with the underwriters, bond counsels and rating agencies to structure taxable and tax-exempt financings.

Position Summary:

Responsible for tracking bond and mortgage data and creating various reports related to HDC’s debt issuance.  Will assist in the analysis of bond call strategies, refundings and new debt structures. 

Responsibilities:

  • Data management and reporting on a monthly, quarterly and annual basis
  • Review and update documents related to debt issuance
  • Assist in the coordination of bond pricings and closings with internal and external parties, including, bond underwriters and rating agencies
  • Prepare investor presentations
  • Prepare management reports and loan tracking information

Requirements:

  • BA or BS degree in finance, accounting or economics
  • Strong analytical and problem solving skills
  • Understanding of financial concepts
  • Excellent communication skills
  • Proficiency in Excel and PowerPoint
  • Comparable experience 

spacer1.jpg

Senior Database Administrator

Reports to: VP of Technology

Department:  IT

Position Summary & Responsibilities: 

Senior Database Administrator with at least 7-8 years of experience; responsible for all Mission-Critical Oracle and SQL Server environments. The DBA is responsible for system administration, maintenance, tuning, uptime, security, and coordination of the database upgrades, and will provide any needed support for Production and Test environment. The DBA will also communicate and coordinate with various members of the IT group and users throughout the corporation to ensure effective processes are adhered to. In addition, the DBA should be able to provide a strategic database direction for the Corporation, by researching and implementing new technologies and system architectures as they become available.

Necessary Skill Set: 

  • Well versed Oracle and SQL Database monitoring tools in Virtualized, as well as physical environment installations.
  • High Availability of Oracle and SQL Server Systems.
  • In-depth knowledge of the Oracle Financial Suite of Applications and upgrade paths.
  • Maintenance, configuration, troubleshooting and developing on Windows platform.
  • Disaster Recovery solutions to ensure business continuity of all database systems.
  • Understand and formulate end-user problem definitions in a timely manner and in a form suitable for solution by the development team.
  • System backups using RMAN and database tuning experience using SQL Trace.
  • Must be versed with tuning tools such as TKPROF and Statspack.

Familiarity with the following:

Oracle Financials R12
Business Intelligence
Sharepoint
Oracle BI/XML Publisher
Web Logic server
Tools for the PL/SQL development
Experience with Oracle Fusion Application preferred

 spacer1.jpg 

Project Manager

Reports to: Sr. Vice President

Department:  Development

The Development Department is responsible for bringing new and viable projects into HDC by researching proposals, performing underwriting, guiding projects through HDC’s Credit Committee and Board approval process, creating sound financial programs and structures that leverage the Corporation’s assets while encouraging private investment.

Position Summary: This position originates and underwrites mortgage loans using funds raised through bond issuances and/or allocations of corporate reserves.

 Responsibilities:

  • Underwrite mortgage loans (analyze loan proposals; review due diligence materials; prepare spreadsheets outlining each proposal; prepare credit memos; present loans to credit committee for approval)
  • Coordinate mortgage loan closings with internal and external parties, including developers, other City agencies, bankers, bond underwriters and tax credit syndicators
  • Manage relationships with current and prospective developers/borrowers
  • Prepare management reports and loan tracking information

Requirements:

  • Proficiency in creating mortgage loan models
  • Understanding of financial concepts
  • Excellent communication skills (oral/written)
  • Advanced degree in a related field
  • Comparable experience (min. 2 years)