Assistant Vice President, Compliance

Ferries New York, New York

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

The NYC Ferry system is a year-round passenger ferry system that launched in 2017 and now carries over 6 million riders annually while serving 25 landings on 6 routes. Reporting to the President’s Office, the Ferry Department oversees NYC Ferry on behalf of the City of New York. Our oversight is comprised of contract management and compliance, day-to-day operations, and planning and policy decisions for the system.  The Ferry Department is made up of individuals who manage the fleet and facilities, operations, contracts and finance, and planning/policy/special projects. We also serve as the coordinator for many other NYCEDC departments to ensure the proper maintenance and operation of ferry infrastructure throughout the city. NYC Ferry is a public-private partnership involving close contractual and operational coordination between NYCEDC and a private ferry operator.

Position Overview:  As a member of the NYC Ferry Department, you will report to the VP of Contracts and Finance. NYCEDC oversees the private operator of NYC Ferry (the “Operator”), owns the fleet of 38 NYC Ferry vessels, and manages the landings in use for passenger service. Your role is to ensure that the Operator both delivers a great ridership experience to NYC Ferry customers and delivers value to the New Yorkers who help fund the NYC Ferry system by ensuring that the Operator fulfills all contractual requirements. With a new contract expected to be in place by late 2023, you will be integral in establishing a full suite of compliance processes and audit functions that will be relied upon to protect the City’s investment in the NYC Ferry program. These tasks are expected to include a range of activities including site visits, document requests/inspections, and financial reviews that can be conducted internally by NYCEDC or through contracted support. As NYCEDC pursues a successful long-term engagement with an Operator, you will be relied upon to develop a collaborative but accountable relationship with the Operator to ensure that maximum value is being delivered to New Yorkers. In addition to oversight of the Operator, you will be relied on internally to support NYCEDC’s internal review processes to ensure that they are well-documented and maintained.

NYCEDC has a flexible work policy and you will be required to be in-office or on-site at least three days per week. The Ferry Department is located at an office in the South Street Seaport and spends one day per week at NYCEDC’s main office at One Liberty Plaza in the Financial District.

Essential Duties and Responsibilities:

  • Review the full NYC Ferry Operating Agreement and related materials to establish or confirm that processes are in place to ensure Operator compliance with all terms of the contract.
  • Where processes are required, develop annual plans to audit and inspect financial, operational and technical records of the Operator with the intent of ensuring that contract terms are followed and that the interests of NYCEDC and New Yorkers are achieved to the maximum extent possible. Where technical or operational needs arise, you will work closely with the VP of Operations/Safety or the Fleet Manager.
  • Pursuant to an annual review plan, obtain and analyze required reporting documents to verify client compliance with various project requirements including vessel maintenance, Operator project completion, Operator compliance with all policies and procedures, insurance requirements, etc.
  • Maintain Ferry Department file organization and protocols to ensure complete and thorough record-keeping for all key documents including official correspondences with the Operator.
  • Aid in the collection, data verification, and compilation of the statutorily required disclosure reports to local and state oversight authorities, including site visits on vessels or at homeports, as necessary.
  • Other duties as assigned.

Minimum Requirements:

  • Master’s degree in public administration, contract management, public policy, business administration, or other related field, and 2-3 years of professional experience. Bachelor’s degree plus more substantial professional experience is acceptable in lieu of Master’s degree.
  • Demonstrated passion for public policy, transit systems, or public finance and compliance.
  • Creative and diligent self-started with the ability to develop processes and project plans where they do not yet exist.
  • Team player and self-starter with excellent organizational and time-management skills
  • Demonstrated written and verbal communication skills
  • Demonstrated analytical skills with the ability to collect, organize, review, and disseminate significant amounts of information with attention to detail and accuracy
  • Effective written and verbal communication skills, including giving presentations
  • New York City residency is 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
  • Have, or can obtain, a TWIC card (Transportation Worker Identification Credential, reimbursable by NYCEDC)

Salary Range: $90,000-$93,000

About Us: NYCEDC is New York City’s primary vehicle for promoting economic growth in each of the five boroughs. Our mission is to create shared prosperity across New York City’s five boroughs by strengthening neighborhoods and growing good jobs. We do this by developing, managing, and implementing expansion and redevelopment programs that encourage investment and strengthen the city’s competitive position. 

NYCEDC is dedicated to the creation of a dynamic, equitable, and sustainable urban economy. We are making sure that whatever happens next, happens right here in New York City—and that all New Yorkers are a part of it. 

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, 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.

To help build an inclusive workplace culture, NYCEDC supports six employee resource groups that strive to engage members and advocate for their respective communities within NYCEDC. Those groups are: Accessibility group, Elevation group (BIPOC), Mindful group, Out/EDC group (LGBTQAI+), Parents group and Women's Leadership group. NYCEDC employees work as part of a highly engaged, passionate and inclusive team where everyone’s contributions are valued, respected, and have an impact on one of the best and most diverse cities in the world!

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