Job DescriptionTASK FORCE: HOUSINGUNIT: HousingJOB TITLE: One (1) Assistant Analyst / Analyst / Senior AnalystCONTROL CODE: HED-25-02SUMMARYThe Mayor's Office of Management and Budget (OMB) is the City government's chief financial agency. OMB's staff of analysts and experts assembles and oversees the Mayor's expense and capital budgets, which fund the services and activities of approximately 90 City agencies and entities.The Housing Unit analyst will join a team focused on ongoing activities to preserve both the public and private stock of affordable housing and evaluate proposals for affordable housing development projects in New York City. The analyst will primarily focus on the Department of Housing Preservation and Development (HPD). Responsibilities will include monitoring various program activities undertaken by HPD, and legislative agendas proposed by HPD, the City Council and the State that impact the preservation or construction of affordable housing throughout the City.The analyst will provide oversight to a variety of programs that cross the Expense, Capital, and Revenue budgets with a focus on the capital budget. Activities undertaken by HPD range from loans to private owners for building rehabilitation or new construction in exchange for long term affordability, enforcement of the Housing Maintenance Code, operating the nation’s fifth largest Federal Section 8 program, engaging in planning and project development activities, and developing local and State legislative agendas that seek to provide incentives, typically through tax relief, for property owners and managers to continue to operate affordable housing. The analyst will liaise with HPD regularly, as well as with other units within OMB who also provide oversight for funding flowing through HPD’s budget.The duties of this position encompass the following activities:
Conduct budget and program analysis for the Department of Housing Preservation and Development
Review Certificates to Proceed for HPD development projects, with a focus on Preservation and Disposition projects, many of which have a strong emphasis on sustainability
Conduct financial analysis of various agency programs including but not limited to pro forma analysis of real estate development projects and cost benefit analysis of policy proposals
Review all sustainability and resiliency related HPD polices and proposed State and City legislation, including LL97, carbon credits, J-51, and REDi (HPD-NYSERDA Decarbonization Initiative), with a focus on the impact of sustainability measures on HPD’s housing production and capital budget
Review all Battery Park City Authority (BPCA) capital requests (including requests related to ongoing capital resiliency projects), ground lease negotiations, financial statements, and payments to the City
Assist with the preparation of HPD’s capital plan, including review of new needs requests and plan re-forecasting
Forecast and monitor housing trends as necessary and estimate annual capital budget expenditures
Assist with capital budget maintenance, including review and approval of plan modifications and technical adjustments
Represent OMB at meetings and program reviews with agency and outside personnel
QUALIFICATIONS:
Exceptional organizational, research, and analytical skills
Strong problem solving and data management skills
Must possess strong computer technology skills, including a proficiency in Microsoft Excel, and the ability and willingness to learn new technology quickly. Experience and proficiency in data analysis software (such as R or Python) is a plus
Knowledge of affordable housing policy and finance preferred
Knowledge of local sustainability and resiliency programs preferred
Excellent interpersonal skills and the ability to maintain working relationships with OMB staff and outside stakeholders (including City officials, other government agencies, and the public) with the utmost professionalism
Outstanding written and spoken communications skills, the ability to write concise and clear memos
Ability to review, interpret, and analyze pertinent federal, state and local laws and regulations
Ability to work independently as a self-motivator and to motivate others as a member of a team
Ability to work calmly and proficiently under pressure, adhere to strict deadlines, and balance multiple tasks.
Studies have shown that women, people of color, and other under-represented groups are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education, and experience to meet qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.
REQUIREMENTS:Assistant Analyst ($58,851+): Bachelor's degree in Business, Finance, Economics or a subject related to the specific assignment with no or one year of full-time experience in budgetary planning/management, financial analysis, public policy analysis or a related field.Analyst ($74,893+): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of two years responsible budgetary planning/management, financial analysis, public policy analysis/administration or a related field; or an awarded Master's degree in Financial Management, Business, Public Administration or a field related to the specific assignment. Senior Analyst ($84,257): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of three years of full-time experience in budgetary planning/management, financial analysis, public policy analysis/administration, or a related field; or an awarded Master's degree in Business, Public Policy Administration, Finance, Economics, or related field, and one year of relevant experience.Qualifications
A baccalaureate degree from an accredited college.
Additional InformationThe City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
