Strategic Operations Intern (Summer)
Description
Intern role name: Strategic Operations Intern (Summer)
Area of Talent Strategy, Analysis, and Management
Position Type: Spring Internship
Office Location: NYC/Financial District
Reports to: Vice President, Strategic Operations
Hourly Rate: Graduate $19.00/hour
If requested, HDC will support an intern’s application for credit or stipend from their school/university.
About HDC
The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC seeks to increase the supply of multi-family housing, stimulate economic growth, and revitalize neighborhoods by financing the creation and preservation of affordable housing for low-, moderate-, and middle-income New Yorkers. HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.
Position Summary:
The Strategic Operations Intern will work with colleagues in the President's Office, across HDC, and at external partners to identify and implement solutions to issues of strategic importance to the Corporation. As part of the team, you will gain experience analyzing and managing issues that cut across HDC's different divisions that require a comprehensive approach.
Through one or more projects, you will receive coaching and support on how to:
- Define challenging policy, operational, and financing problems
- Synthesize complex and unstructured qualitative and quantitative information to inform decision-making
- Collaborate in a cross-functional environment with professionals from different disciplines
- Fine-tune your writing, presentation, and communication skills to be effective in time-constrained environments
The Strategic Operations Intern will work on the Chief Strategy Officer's team in the President's Office and report to the Vice President for Strategic Operations.
Recent projects or issues on which the team has worked include: an evaluation of a legacy middle-income affordable housing program, development of proposals to streamline the moving of formerly homeless households into permanent affordable housing, crafting successful recommendations to reduce federal administrative barriers in the lease-up process, structuring a new equity-enhancing loan guarantee with an external financial institution, and investigating solutions to rising insurance costs in multifamily affordable housing.
Responsibilities:
Responsibilities, depending on the project, could include:
- Build financial models to evaluate programmatic or operational changes
- Analyze data to describe a program or issue's characteristics, challenges, and trends
- Write short memos describing policy and programmatic options
- Assess how current tools can be modified or used in novel ways to advance new goals
- Identify misalignment between operations and policies that can be addressed to improve outcomes
- Provide a sounding board for idea development, stakeholder engagement, and project management
- Synthesize existing procedural documents, process flows, and program eligibility requirements
Application Deadline
HDC will review applications and schedule interviews on a rolling basis. The deadline for submission is February 28, 2025
Required Qualifications:
- Must be pursuing a graduate-level degree in any field of study
Preferred Qualifications:
- Professional experience or coursework in real estate finance, program design, program implementation, quantitative analysis, management consulting, or equity research
- Advanced financial modeling in Excel or analysis skills in at least one analytics framework (e.g., R, Python, Stata, SAS)
It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to (212) 227-6816.
HDC 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.
HDC is committed to the full inclusion of all qualified individuals. As part of this commitment, HDC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please complete the reasonable accommodations section on the application or contact Human Resources by emailing jobs@NYCHDC.com