Associate, Strategic Analytics

Asset Management Business Operations New York, New York

Our Vision: To make New York City the global model for inclusive innovation and equitable economic growth, fueled by the City’s diverse people and businesses. 

Our Mission: To create shared prosperity across New York City’s five boroughs by strengthening neighborhoods and growing good jobs.

The Strategic Analytics (SA) team is core business unit within the Business Operations department of NYCEDC’s Asset Management (AM) Division. SA is responsible for division-wide oversight of budgeting, reforecasting, capital planning, underwriting, and financial reporting.

Position Overview: In addition to supporting the core SA functions, the Associate will support the development of monthly management reporting, implementation of new division-wide financial and underwriting policies, and integration of new tools and processes to better manage the financial health of the Division.

Essential Duties & Responsibilities:

  • Support the AM budgeting and planning processes (e.g., property budgets, City capital request, mid-year reforecast, asset plans) including the development of final deliverables for senior management review
  • Support the creation of monthly, quarterly and year-end financial reporting and key performance indicator (KPI) dashboards
  • Support the process for division-wide review and documentation of major monthly variances to budget as well as flagging issues to the Finance and Accounting departments
  • Provide underwriting and analytical support for negotiations that could potentially have a significant financial impact to the Division including asset repositioning and large-scale redevelopment projects, rent resets, tenant refinancing, and buyout/asset dispositions
  • Develop work plans and support the review processes for tenant financial statements, lease audits and appraisals
  • Develop financial modeling and reporting templates in Excel and Argus Enterprise (AE)
  • Refresh financial, tenant and property data in AE during the month-end close process and support the property and tenant classification process
  • In coordination with other EDC departments (e.g., the Strategic Investments Group, Initiatives, Strategy), support the advancement of private financing initiatives and opportunity zones which includes development of project pipelines and support of the underwriting process
  • Reconcile fund balances and support the development of best practices for spending down the restricted funds
  • Other duties as assigned
Minimum Qualifications:
  • A Bachelor’s Degree and at least 3 years of experience in real estate, finance, asset management, private equity, management consulting, economic development and/or related field
  • Argus Enterprise, DCF or equivalent advanced Excel modeling experience in underwriting real estate
  • Strong interpersonal skills, professional demeanor and ability to communicate with and present to senior managers
  • Good communicator with well-developed analytical thinking
  • Creative and detail-oriented time-management and project management skill set
  • Fluency in Microsoft Office
  • New York City residency required within 180 days of hire
  • All new hires must be vaccinated against the COVID-19 virus as defined by the CDC, unless they have been granted a reasonable accommodation for religion or disability
Preferred Qualifications:
  • Master’s Degree in a related field
  • Experience with owner’s representation, asset and/or property
  • Experience with construction and building management and maintenance software a plus
  • Experience with negotiation and document drafting
  • MRI (or similar software such as Yardi) fluency and experience
  • Market research and/or appraisal experience
  • New York City Real Estate experience
  • New York City government experience

About Us: NYCEDC is a mission-driven, non-profit organization that creates shared prosperity across New York City by strengthening neighborhoods and growing good jobs. NYCEDC works with and for communities to provide them with the resources they need to thrive, and invests in projects that increase sustainability, support job growth, develop talent, and spark innovation to strengthen the City’s competitive advantage.

NYCEDC offers many unique advantages for an exciting and fulfilling career. As part of our team, you’ll enjoy:

  • The unique opportunity to make an impact on New York City
  • Working on diverse, unique, and challenging projects
  • Working closely with teams of creative, highly motivated, and passionate people
  • Learning opportunities designed to enhance the practical skills and business knowledge of our employees
  • Excellent benefits, including company-paid 401(a) pension plan, 457(b) tax-advantaged retirement savings plans, medical, dental and vision benefits, generous paid family leave and paid time off, and other perks

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our diversity and inclusion mission is to attract, retain, and engage a diverse workforce comprised of talented people. NYCEDC employees can expect to work as part of a highly engaged, passionate and inclusive workforce where everyone’s contributions are valued, respected and make an impact on one of the best and most diverse cities in the world.

For more information, visit our website at