Job Description
Our Vision : To make New York City the global model for inclusive innovation and economic growth, fueled by the City's diverse people and businesses.
Our Mission : Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.
POSITION OVERVIEW :
The Strategic Investments Group ("SIG") creates and structures impact investments to drive inclusive economic development by enhancing access to capital, mobilizing private investment and supporting the acceleration of EDC initiatives and strategic projects. To realize the vision of equitable, sustainable prosperity, SIG structures and implements impact investments utilizing an array of financing solutions. SIG's impact investment toolkit includes incentives, such as discretionary tax benefits, tax-exempt bond financing, and tax credits, as well as the deployment of catalytic investment capital.
SIG manages several programs to facilitate the creation of quality jobs across all five boroughs of New York City, including but not limited to:These collective tools seek to provide much-needed investment and services to underserved areas, to generate high quality/accessible jobs, and to leverage billions of dollars of public and private sector investment.
The Analyst - Incentives will primarily work on the NYCIDA, Build NYC, and NYCNCC programs (collectively known as NYCEDC's "incentives portfolio"). They will support senior team members in the execution of incentive transactions, including tax incentives, bond financing, NMTC financing, and other development finance tools. This role is ideal for someone early in their career who is eager to build foundational experience in economic development and public sector finance by assisting with project due diligence, research, and coordination efforts.ESSENTIAL DUTIES AND RESPONSIBILITIES :
QUALIFICATIONS :
Salary Range
$67,000—$69,000 USD
About Us : New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city's future economy.
NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance. We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:
Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization.
The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents.
For more information, visit our website at edc.nyc.
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