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Possible Hybrid Workplace Opportunity

New York State Homes and Community Renewal (HCR) is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing and increase homeownership throughout New York State.

A Civil Service exam is not required for this position. Candidates must meet the minimum qualifications outlined below to be considered.

NYS Homes and Community Renewal (HCR) is committed to fostering a culture of diversity, equity, inclusion, and accessibility. Our work would not be possible without the diverse backgrounds, experiences, ideas, and abilities of our employees. HCR is committed to developing a workforce which represents the diverse population of New York State. HCR embraces a diverse and inclusive work environment by encouraging all individuals, including those with disabilities, to apply to open positions at the agency.

The Office of Professional Services (OPS) is responsible for all administrative and support services, including Human Resources, Communications and Public Information, Legal Affairs, Fair Housing, Policy Development, Competitive Procurement and Contract Management, Fiscal Planning, Accounting and Treasury Services, Facilities and Building Management Services, Internal Audit, Project Management and Information Technology Services. OPS values professionals that enjoy working in a fast-paced environment and who have the skills required to effectively plan, direct, and coordinate HCR’s wide array of support services.

DUTIES:

+ Prepare quarterly HFA Board Swap Reports as required under the Swap Guidelines.

+ Open new accounts at trustee banks as required under HFA bond indentures and start the process of entering the accounts in SAP.

+ Represent Treasury Unit as a member of the bond finance team and coordinate all treasury activities in support of issuance, including preparation of letters of instructions to trustee banks for receipt, disbursement and investment of new bond proceeds.

+ Semi-annually, confirm with trustees, the scheduled interest and principal due to bondholders and prepare letters of instruction for movement of funds to effect payment on the bonds.

+ Update the SAP system with new issuances and bond redemptions/prepayment and bond rates.

+ Manage the monthly requisition of bond proceeds cash flow needs.

+ Perform verification of VRD Bond interest with Bond Trustee and Servicer Statements.

+ Process all HFA/SONYMA invoices for Trustees and Letter of Credit fees.

+ Assist with the preparation of the Agency’s preliminary and final program budgets covering the fiscal operations of outstanding bond issues.

+ Assist with the compilation of statements, bond documents and fees for Arbitrage Rebate Calculations on the Agency’s bonds.

+ Assist in other areas as needed.

QUALIFICATIONS:

+ Undergraduate Degree in Accounting, Finance or another related field.

+ Entry level position

+ Excellent oral and written communication skills;

+ Quantitative skills including expertise in Excel;

+ Detail oriented and strong analytical abilities;

+ Ability to work independently and as an integral part of a team;

+ Ability to work effectively under pressure due to time constraints associated with job function.

This job description is not intended to be all-inclusive, and employee will be expected to perform other reasonable related duties as assigned.

What we offer at NYSHCR:

+ Extensive benefits package including paid leave, including excellent health, dental, vision and retirement benefits (https://www.osc.state.ny.us/retirement) with the New York State & Local Employees’ Retirement System.

+ Promotional opportunity for dedicated professionals

+ Work life balance benefits including a 37.5 hour work week and paid time off benefits including, vacation, sick, personal days, and Federal Holidays

+ Opportunity for compressed scheduling

+ 12 weeks of Paid Parental Leave

+ Paid Family Leave

+ Opportunity for compressed/flextime scheduling

+ As a New York State employee, you may qualify to participate in the Federal Public Service Loan Forgiveness Program (https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service) (PSLF). The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under an accepted repayment plan (https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service#qualifying-repayment-plans) and while working full-time for an eligible (https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service#qualifying-employment) employer.

Additional SONYMA/HFA/AHC Benefits:

+ Cash in for Wellness! This program provides you with the option of buying or renewing a health club membership of your choice or enrolling in a weight loss and or smoking cessation program, using your sick leave accruals.

+ Tuition reimbursement program – for job related and non-job related courses

+ Vacation Leave Buy-Back program – Subject to approval, every year eligible employees may exchange previously earned and accrued vacation time in return for cash compensation (at employee’s daily rate of pay at time of exchange)

+ Access to Plum Benefits – savings on movie tickets, theme parks, hotels, tours, Broadway shows and more!

+ Optical reimbursement program – Employees are eligible for optical, hearing aid, and podiatric expenses not otherwise covered by insurance, with a maximum aggregate amount of $650 per year, per family. Unused yearly balances may be carried over to the next year for a maximum of $1300

About New York State Homes and Community Renewal:

Under the leadership of Governor Kathy Hochul and Commissioner RuthAnne Visnauskas, HCR is a vibrant, innovative agency that integrates and leverages New York State’s housing resources. We have offices in New York City, Albany, Buffalo and Syracuse, and employ a diverse workforce of professionals who are hard-working and committed to serving low and moderate income families. Our mission is far reaching, encompassing single and multifamily housing finance, home improvement, rent regulation, housing subsidies, and community development. We partner regularly with a variety of public and private stakeholders.

Achieving this mission requires a wide range of skills and backgrounds in public policy, administration, real estate, construction. finance, law, and many other areas of expertise. We seek to provide a workplace environment that is productive, flexible, accountable, ethical, and caring. Our employees are empowered to make a difference where they live and work. We offer competitive pay and a comprehensive benefits package, including paid leave, health, dental, vision, retirement, and family-friendly policies.