Vice President, Director of Funding Agreements
- Job posted by NYCEDC
*To be considered for this role, please submit a cover letter along with your application.
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 Funding Agreements Department is dedicated to helping nonprofits plan and implement facility expansion and renovation projects or equipment purchases, especially when nonprofits are recipients of discretionary capital allocation by an elected official. We do this by providing capacity building workshops and resources, managing funding grant agreements, and acting as the outward-facing representatives of the City and advocates of nonprofits.A secondary function is providing advice and assistance to NYCEDC departments that are contemplating use of City capital and expense funds as part of public-private partnerships for things such as RFPs, development deals, and certain consultant projects.
Your Role: The Funding Agreements (FA) Director is responsible for the department's accurate and efficient implementation of FA projects and amendments. The Director represents NYCEDC in policy discussions with multiple City agencies regarding FA matters, establishes EDC FA policy, and develops and runs capacity building training for nonprofit grant recipients. The VP will advise and collaborate with NYCEDC staff in the conceptualization and negotiation phases of real estate, procurements, development, external grants and financing transactions. The VP must report directly to executive staff on these or other projects of sensitive or priority nature. Similarly, the VP must directly liaise with other senior officials throughout the City, sometimes including elected officials, in the execution of projects or policy matters. The VP will also directly manage a portfolio of funding agreements, typically priority or sensitive projects connected to NYCEDC or City-wide initiatives.
The position directly supervises a team of six (6) staff, and reports to the Senior Vice President of the Budget Department, within NYCEDC's Finance Division. It is critical for the person holding this position to have sound judgement and decision making abilities.
- Manage, coach, develop FA staff; oversee staff implementation of funding agreements
- Manage project portfolio, including vetting and advising on real estate and development projects
- Consult internally and externally on FA policy matters. Converse with elected officials and their staff on projects and related matters
- Department management duties, including: annual reporting requirements; setting and administering budgets; creation and maintenance of records and systems; project specific internal timekeeping etc.
- Presentation of projects for approval by NYCEDC's Executive Committee
- Manage RFP and roll out of capacity building offerings. Liaise with other City staff in the support of nonprofit clients
- Other duties as assigned
- Bachelor's degree in Finance, Business Administration, Public Policy or a related field.
- 5+ years of experience in project management and financial analysis, preferably in a nonprofit environment.
- Strong leadership skills, including 1-3 years of experience directly managing a team.
- Demonstrated project management skills
- Experience with New York City capital funding, complex financial structures, non-profits, and grant management
- Have a pro-active, collaborative, and strategic mindset
- Experience with the following disciplines: finance, real estate, document negotiation, presentation, management, and project management.
- Other duties as assigned.
- Superior communication skills including verbal, written, and presentation.
- Excellent analytical and problem solving skills, especially with innovative and creative solutions
- Strong quantitative skills and comfort reading financial models and pro-formas.
- Ability to understand big picture concepts and be detail-oriented.
- Ability to multi-task and respond quickly to requests for information.
- Comfort interfacing with senior officials and management.
- Proficiency in Microsoft Excel and PowerPoint
- New York City residency is required within 180 days of hire.
- Master's degree in a related field.
- Experience in property management finance or real estate finance is a plus.
- Some knowledge of City's budgeting processes is a plus.
New York City Economic Development Corporation is the City's primary vehicle for promoting economic growth in each of the five boroughs. NYCEDC's mission is to stimulate job growth through expansion and redevelopment programs that encourage investment, generate prosperity and strengthen the City's competitive position. NYCEDC serves as an advocate to the business community by building relationships with companies that allow them to take advantage of New York City's many opportunities. Additional information on NYCEDC can be found by visiting http://www.nycedc.com/.
Our Diversity & Inclusion Mission is to attract, retain, and engage a diverse workforce comprised of talented people. 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. 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!
The New York City Economic Development Corporation is an Equal Opportunity Employer. NYCEDC offers excellent benefits, including company-paid 401 (a) pension plan, 457(b) tax-advantaged retirement savings plans, medical, dental and vision benefits, and discounted gym memberships and movie tickets.
Minimum Education Required