Careers at HDC

The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency.  HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.

HDC is an Equal Opportunity Employer
 

Available Positions:

Project Manager, Preservation Finance
Associate Director, Policy & Portfolio Analytics
Project Manager, Engineering & Architecture
Database Administrator (DBA)

 

 

Project Manager, Preservation Finance

Area of Talent:  Finance/Real Estate Lending/Affordable Housing
Position Type:  Full Time/Exempt
Location:  NYC/Wall Street Area

Position Summary:

The Project Manager, Preservation Finance reports to the Vice President, Asset Management and is responsible for originating and underwriting mortgage loans using funds raised through bond issuances and/or allocations of corporate reserves to preserve and rehabilitate affordable housing developments in HDC’s portfolio.

Job Responsibilities:

  • Underwrite mortgage loans (analyze loan proposals; review due diligence materials; prepare spreadsheets outlining each proposal; prepare credit memos; present loans to HDC’s Credit Committee and Board for approval).
  • Coordinate mortgage loan closings with internal and external parties, including developers/borrowers, other governmental agencies, bankers, bond underwriters and tax credit syndicators.
  • Manage relationships with current and prospective developers/borrowers.
  • Manage communications with resident organizations and local officials.
  • Prepare management reports and loan tracking information.
  • Assist in evaluating and/or formulating affordable housing program and policy initiatives.

 

Required Qualifications:

  • Bachelor’s degree with substantial course work/credits specific to finance, and/or real estate.
  • Demonstrated interest in affordable housing.
  • Minimum of 2 years of relevant experience in real estate lending, and/or development.
  • Proficiency in creating mortgage loan models and financial concepts.
  • Strong interpersonal, verbal, and written communication skills, and the ability to build relationships with staff, executives and external partners.
  • Strong organizational skills with excellent attention to detail.

 

Preferred Qualifications:

  • Graduate degree in related field a plus.
  • Knowledge of Federal, New York State, and New York City affordable housing programs and the development process is a plus.

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893. 

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


 

Associate Director, Policy & Portfolio Analytics

Area of Talent: Quantitative and Qualitative Analysis/Affordable Housing
Position Type: Full Time/Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Associate Director – Policy & Portfolio Analytics reports to the Chief Credit Officer and helps shape and implement HDC priority projects and special initiatives that address the most critical housing policy issues facing HDC and the City, working in partnership with various city agencies, including the NYC Department of Housing Preservation and Development (HPD). HDC is seeking an experienced professional with strong analytic skills (to work on projects independently), as well as strong leadership and organizational skills to manage time-sensitive team projects requiring the contributions of assigned subject matter experts from HDC’s various other departments, as needed.

Job Responsibilities:

  • Define and manage a pipeline of analytic and development projects.
  • Work with senior staff and colleagues across departments to define and structure both discrete tasks and long-term projects, through coordination and supervision of project teams.
  • Help to define project work plans, including crafting and digging into analysis of data and written communications, preparing and reviewing draft deliverables, and ensuring client readiness of materials.
  • Review and analyze City, State and Federal policies and proposals, underwriting standards, development costs, land valuations, affordability, real estate tax benefits, and any other pertinent affordable housing issues.
  • Provide general coaching on project direction and management to colleagues assigned to particular team projects.
  • Ensure frequent and consistent communication of project status and issues on behalf of the team to the Chief Credit Officer and other key stakeholders.
  • Undertake special projects/initiatives as requested.

 

Required Qualifications:

  • Bachelor’s degree in a relevant field such as Business Administration, Public Administration, Economics, or Urban Planning.
  • At least five years of professional experience related to housing, urban policy, planning, real estate, fiscal and economic impact analysis, economic development and/or a related field working in affordable housing policy, management, program evaluation, or similar capacity.
  • Advanced experience performing and/or analyzing the financial underwriting of real estate transactions.  High degree of proficiency with Microsoft Word, Excel, PowerPoint, and Outlook, including complex financial modeling
  • Professional experience managing teams and indirect reporting relationships.
  • Demonstrated experience managing proprietary information with integrity and public policy considerations with sensitivity.
  • Advanced skill and experience in executing and leading analysis-oriented projects and managing time-sensitive deadlines. 

 

Preferred Qualifications:

  • Graduate degree in a relevant field (such as Business Administration, Public Administration, Urban Planning, etc.)

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


Project Manager, Engineering & Architecture

Area of Talent: Engineering/Affordable Housing
Position Type: Full Time/Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Project Manager, Engineering & Architecture position reports to the Assistant Vice President in the Asset Management Department. This position performs physical inspections, design reviews, rehabilitation plan and cost review, and construction monitoring of occupied rehabilitation projects to preserve the integrity of HDC’s portfolio of affordable multi-family housing developments.

Job Responsibilities:

  • Analyze and assess building conditions, maintenance practices, energy efficiency, storm resiliency, construction plans, rehabilitation costs, and progress.
  • ​Prepare written reports to management and ownership with findings and recommendation.
  • Review owner responses to findings and determine the feasibility of the proposed remediation.
  • Participate in evaluating initiatives and policies affecting the physical strength of  HDC’s portfolio.
  • Participate and represent HDC in meetings with borrowers, business partners and other agencies.
  • Frequent travel throughout the five boroughs of New York City.

 

Required Qualifications:

  • Bachelor’s degree in engineering, architecture, or construction management.
  • Knowledge of NYC building codes, multi-family residential construction, HVAC, plumbing  and building conveyance systems.
  • Strong interpersonal, verbal and written communication skills.
  • Proficiency in Microsoft Office productivity tools.

 

Preferred Qualifications:

  • Relevant experience (2 to 5 years preferred, but recent graduate will be considered).
  • NYS licensed PE or RA, LEED, BPI or CEM certification.
  • Knowledge of Federal State and New York City affordable housing programs.
  • NYS driver’s license preferred, but not required.

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


 

Database Administrator (DBA)

Area of Talent: Information Technology/Affordable Housing
Position Type: Full Time/Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Database Administrator (DBA) reports to the Assistant Vice President (AVP), Network Operations and is responsible for all mission-critical Oracle/Oracle ERP and SQL server environments providing support for testing and production environments. The DBA also provides strategic direction to HDC by researching, testing and implementing new technologies and system architectures.

Job Responsibilities:

  • Perform system administration including daily maintenance, monitoring, problem resolution, tuning, uptime, security, and coordination of the database and application upgrades.
  • Monitor and maintain database security and database software.
  • Provide support for the production and test environments.
  • Communicate regularly and effectively with internal IT partners and HDC non-technical end users to ensure system understanding and compliance.
  • Perform system backup and recovery (RMAN).
  • Perform root cause analysis of production-related database issues
  • Test, validate and implement performance and resource solutions.
  • Be “on-call” for production databases on a rotation basis.
     

Required Qualifications:

  • A Bachelor’s Degree in Computer Science or equivalent combination of technical education and experience.
  • Seven or more years of Oracle/Oracle ERP DBA experience.
  • High availability of Oracle/Oracle ERP and Microsoft SQL server systems. Maintenance, configuration, troubleshooting and developing on both Oracle Enterprise Linux and Windows platforms.
  • High level of proficiency with tuning tools including TKPROF and Statspack.
  • In-depth knowledge and experience in the Oracle/Oracle ERP Financial Suite of applications and upgrade paths.
  • Demonstrated knowledge and experience in Oracle and SQL database monitoring tools in virtualized, as well as physical environment installations.
  • Experience in backup and recovery (RMAN and database hot backups).
  • Working knowledge and implementation of disaster recovery solutions for all database systems to ensure business continuity.
  • Working knowledge of tuning tools such as TKPROF and STATSPACK.
  • Ability to work well with others and complete tasks with minimal supervision.
  • Demonstrated experience in using project management tools.
  • Ability to work flexible hours including evenings and weekends.
  • Ability to work independently and meet critical deadlines.
  • Superior organizational and problem solving skills.
  • Ability to communicate effectively with technical and non-technical audiences.

 

Preferred Qualifications:

  • Working knowledge and experience in Oracle Financials R 12 with AD Online patching, business intelligence, Sharepoint, Discoverer 10g, Oracle BI/XML Publisher, Web Logic, Tools for the PL/SQL development, Oracle Fusion Applications and VMWARE and Oracle OVM

 

Interested applicants may email a cover letter with salary requirements and resume to jobs@nychdc.com or fax to the Human Resources Department at (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer