Financial Analyst

Description Financial Analyst  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.     Area of Talent:     Capital Markets/Affordable Housing Finance Position Type:     Full Time/Exempt Salary Range:      $65,000 to $85,000 Office Location:  NYC/Financial District   The Capital Markets Department is responsible for developing financing strategies and structuring and executing debt issuances for HDC. In 2025, HDC was the #1 issuer of affordable housing municipal bonds and the #22 issuer of municipal bonds across all industries with $3.14 billion of bonds sold across 9 issuances. Capital Markets works closely with HDC’s Development, Legal, Asset Management, Cash Management, Accounting and Loan Servicing teams, as well as external partners, including investment banks (bond underwriters), bond counsels and rating agencies, to structure tax-exempt and taxable multifamily affordable housing municipal bond financings. Capital Markets utilizes a variety of financing structures, including fixed-rate debt, variable-rate debt, and interest rate swaps and caps to optimize borrowing costs across HDC’s financing programs. Through these efforts, the department supports HDC’s mission of financing and preserving affordable housing throughout New York City.   Position Summary: The Financial Analyst reports to the Vice President of Capital Markets and supports the structuring and execution of HDC’s tax-exempt and taxable multifamily affordable housing bond financings. Working closely with internal departments and external partners, the analyst will assist with bond issuance activities, debt portfolio management, bond call and refunding analyses, cash flow analyses, and the evaluation of new debt structures. Responsibilities also include tracking bond and mortgage data and preparing reports related to HDC’s debt issuance. Job Responsibilities: Structure bond offerings and execute bond pricings and closings, including preparing investor roadshows, rating agency presentations, and other investor marketing materials Review and update bond and mortgage portfolio information, including summaries by bond interest rate mode, interest rate hedge details, mortgage loan lien priority and credit enhancement, and counterparty exposure Create and maintain portfolio models to support bond issuance, identify and evaluate financing opportunities and alternatives, and conduct debt capacity and feasibility analyses Perform cash flow analyses to evaluate debt financing alternatives Prepare presentations for rating agencies, investors, other counterparties, and industry conferences Create and maintain portfolio databases for ongoing monitoring and reporting requirements Leverage HDC software engineering team to develop customized management…