Vice President, Strategic Investments Group
Location: New York, New York
Description: New York City Economic Development is at present looking to employ Vice President, Strategic Investments Group right now, this job will be dwelled in New York. Further informations about this job opportunity kindly see the descriptions. Reporting to the Senior Vice President of the Strategic Investments Group (SIG), the Vice President will be charged with managing the Cityâ! €™s Hurricane Sandy business recovery programs funded through the recently approved Community Development Block Grant Disaster Recovery (CDBG-CDR) allocation. The Vice President may also be called on to manage as-of-right and discretionary incentive programs and related activities. The Vice President will be responsible for sourcing, originating and developing a robust pipeline of new deals, developing new programs that are consistent with City policy objectives and that meet the needs of market participants/prospective borrowers, structuring discretionary incentive packages for industrial/manufacturing businesses and not-for-profit entities, guiding deals through the necessary board and public approval processes and creating and maintaining strong working relationships with external clients.
RESPONSIBILITIES:
Managing the City’s CDBG-DR funded business recovery program, including:
Selection and ongoing supervision of program administrators
Ensuring all programs comply with all City and CDBG-DR ! requirements
Developing additional programs to be funded by future rounds of CDBG-DR funding
Developing, implementing and periodically updating ongoing outreach and marketing to educate prospective end users and generate deal flow
Periodically working with other members of the SIG team to and structure discretionary and as-of-right benefits (deal specific and programmatic), including working with industry groups, underwriters, attorneys and bankers to evaluate use of and develop new financial products
Coordinating and collaborating with SVP SIG, EVP of Real Estate Transaction Services and NYCEDC President, other City and State agencies and local representatives and groups to discuss projects and pending use of benefits (including project briefings)
Working with compliance and reporting division to ensure proper policy, troubleshooting deal intake issues and working out issues with existing portfolio
Serve as mentor to ju! nior staff
QUALIFICATIONS:
Master’s degree or equivalent in Law, Finance, Business, Real Estate Development, Public Policy, Urban Planning preferred
7+ years transactional real estate expertise or other related financing experience
Prior experience underwriting and/or selling bond financing products and developing new financing programs and products
Demonstrated experience developing and implementing strategic plans
Prior experience managing corporate board(s)
Ability to work in a team-based environment with limited oversight
Demonstrated ability to work independently, lead project team and manage project managers on multiple complex transactions
Proven strength in use of spreadsheet, database, and presentation applications, including Excel and PowerPoint
Strong project management skills
Strong interpersonal skills
Strong written and oral communications skills inc! luding public speaking
Ability to prioritize competing needs a! nd opportunities
Understanding of economic development issues
Familiarity with NYC government
New York City residence is required within 180 days of hire
About the Strategic Investments Group:
The Strategic Investments Group (SIG) provides financial and location advisory services to firms seeking to relocate to or expand within New York City. SIG develops innovative financial products aimed at strengthening strategically significant industry subsectors and foster new job growth. Using discretionary tax benefits, SIG negotiates deal structures and provides financing opportunities to foster business growth in NYC. SIG frequently works with City Hall and other City agencies to advise on tax incentives and strategies for business attraction and relocation, as well as frequently participating in outreach events and conferences to promote programs.
About NYCEDC:
The New York City Economic Development Corporation i! s an Equal Opportunity Employer. NYCEDC offers excellent benefits, including company-paid 401 (a) pension plan and 457 tax-advantaged retirement savings plans, medical, dental and vision benefits, and tuition reimbursement.
- .
If you were eligible to this job, please email us your resume, with salary requirements and a resume to New York City Economic Development.
Interested on this job, just click on the Apply button, you will be redirected to the official website
This job will be opened on: Fri, 12 Apr 2013 20:59:36 GMT
Apply Vice President, Strategic Investments Group Here