Job Information
New York State Civil Service Senior Financial Analyst in New York, New York
Agency Empire State Development, NYS
Title Senior Financial Analyst
Occupational Category Other Professional Careers
Salary Grade NS
Bargaining Unit None listed
Salary Range From $80000 to $85000 Annually
Employment Type Full-Time
Appointment Type Permanent
Jurisdictional Class Non-competitive Class
Travel Percentage 0%
Workweek Mon-Fri
Hours Per Week 37.5
Workday
From 9 AM
To 5:30 PM
Flextime allowed? No
Mandatory overtime? No
Compressed workweek allowed? No
Telecommuting allowed? Yes
County New York
Street Address 633 Third Avenue
City New York
State NY
Zip Code 10017
Minimum Qualifications Education Level required: BA/BS. MBA desirable.Relevant experience required: 5+ years of experience performing financial analysis of operating companies, large real estate transactions, and/or underwriting of commercial loans.Knowledge required: The ideal candidate will have sufficient knowledge to independently analyze/spread financial statements and draft concise analyses of credit. This will include extensive knowledge of financial accounting, strong analytic abilities, facility with financial modeling, and excellent written and oral communication skills. The candidate should also have working knowledge of various forms of tax credits (LIHTC, HTC & NMTC). Advanced Excel skills required.
Duties Description Applicants MUST submit a cover letter with resume to be considered.Position expected to work onsite and hybrid consistent with New York State.BASIC FUNCTION: Conduct financial and credit analysis of operating companies and real estate development projects to determine the level of State support required and to structure loans, grants, disposition of State assets and other financial assistance accordingly.WORK PERFORMED:• Develop financial models to evaluate various real estate development proposals.• Create/modify custom excel worksheets for developers to use to detail their financial plans.• Conduct credit analysis and underwrite loans, draft loan reports, and make presentations to the Board for credit approval.• Prepare memoranda detailing corporate and project financial strength, credit risks, and funding gaps.• Provide finance scores for regional counsel projects.• Perform site visits to potential/current borrowers and interview counter parties.• Perform risk assessment of credit and collateral to ensure loan stability and sound credit quality.• Perform sensitivity analyses and initiate financial feasibility studies on complex business development proposals.• Create/modify custom excel worksheets to analyze large-scale projects.• Research, develop, and implement programs that promote economic development.• Provide high level financial analysis assistance to various other departments, including real estate, venture capital, loans & grants, and other state agencies.
Some positions may require additional credentials or a background check to verify your identity.
Name Valeria DeJesus, HR Generalist
Telephone N/A
Fax N/A
Email Address resumes@esd.ny.gov
Address
Street 633 Third Avenue
City New York
State NY
Zip Code 10017
Notes on Applying External Candidates: Please attach cover letter and resume. To apply copy & paste URL in browser: https://bit.ly/3APr8cpInternal Candidates: Please apply through ADP using the Myself/Talent menu and submit your cover letter and resume for considerationWE ARE AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY