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NY HELP No

Agency Empire State Development, NYS

Title Financial Analyst

Occupational Category Other Professional Careers

Salary Grade NS

Bargaining Unit None listed

Salary Range From $75000 to $80000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5:30 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

County New York

Street Address 655 Third Avenue

City New York

State NY

Zip Code 10017

Duties Description *Applicants MUST submit a cover letter with resume to be considered.*This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy.*Minorities, women, and individuals with disabilities are encouraged to apply. Please contact Human Resources if you require an accommodation.BASIC FUNCTION:Conduct financial and credit analysis of operating companies to determine the level of State support required. Prepare supporting analyses, models, and memoranda that assist in the structuring of loans, grants, disposition of State assets, and other financial assistance. Serve as a key support resource for senior staff on both standard and complex projects.WORK PERFORMED:• Prepare memoranda detailing corporate and project financial strengths, credit risks, and funding gaps.• Obtain and analyze financial statements/tax returns of corporate and not-for-profit entities and individuals.• Review financial projections and create cash flow models for operating companies and real estate developments, including sensitivity analyses.• Perform risk assessment of credit and collateral ensuring loan stability and sound credit quality.• Conduct financial due diligence to determine project feasibility.• Input various financial data into Excel-based financial models for scoring purposes.• Perform site visits to potential/current borrowers and interview counterparties.• Support senior staff on larger or more complex transactions, including drafting sections of reports and preparing data for senior-level presentations.• Participate in interdepartmental and external calls to request information and clarify financial submissions; escalate contentious issues or negotiations to senior staff.• Assist other departments with financial analysis/modeling on an ad-hoc basis.• Other related projects/assignments as assigned by management.

Minimum Qualifications Education Level required: Bachelor’s degree in accounting or finance, or equivalent experience.Relevant experience required: 1–3 years performing financial analysis, underwriting commercial loans, or working with debt instruments.Knowledge required: The ideal candidate will have a strong foundation in financial accounting, credit analysis, and modeling. Ability to analyze/spread financial statements and draft concise analyses of credit. Strong Excel skills required. Excellent written and oral communication skills.

Additional Comments Salary range as specified.Comprehensive Benefits Package.

Some positions may require additional credentials or a background check to verify your identity.

Name Amalia Shifrin – Director, Human Resources

Telephone N/A

Fax N/A

Email Address [email protected]

Address

Street 655 Third Avenue

City New York

State NY

Zip Code 10017

Notes on Applying External Candidates: Please attach cover letter and resume. To apply copy & paste URL in browser: https://bit.ly/3APr8cp Internal Candidates: Please apply through ADP using the Myself/Talent menu and submit your cover letter and resume for considerationWE ARE AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY