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Review Vacancy

Date Posted 09/09/21

Applications Due10/09/21

Vacancy ID91031

AgencyEmpire State Development, NYS

TitleFinancial Analyst

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitNone listed

Salary RangeFrom $63000 to $63000 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 633 Third Avenue

City New York

StateNY

Zip Code10017

Minimum Qualifications EDUCATION & REQUIREMENTS:
Education Level required: Bachelor’s degree in accounting or finance, or equivalent experience.
Relevant experience required: 3+ years of experience performing financial analysis and/or underwriting commercial loans.
Knowledge required: The ideal candidate will have sufficient knowledge to independently analyze/spread financial statements and draft concise analyses of credit. This will include knowledge of financial accounting; strong analytic abilities; facility with financial modeling; and excellent written and oral communication skills. Strong Excel skills required.

Duties Description BASIC FUNCTION:
Conduct financial and credit analysis of operating companies to determine the level of State support required and to structure loans, grants, disposition of State assets, and other financial assistance accordingly.

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.
•Input various financial data into Excel-based financial models for scoring purposes.
•Perform site visits to potential/current borrowers and interview counter parties.
•Assist other departments with financial analysis/modeling on an ad-hoc basis.
•Other related projects/assignments as assigned by management

Position expected to work onsite and/or remote consistent with NYS and ESD guidelines and needs.

Additional Comments Salary up to specified amount.

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

Name Donna Knief

Telephone N/A

Fax N/A

Email Address resumes@esd.ny.gov

Address

Street 633 Third Avenue

City New York

State NY

Zip Code 10017

 

Notes on ApplyingSend resume to resumes@esd.ny.gov, indicating job title in subject line and salary requirement in email body

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