Senior Associate, Funds + Advisory

nycedc

New York, New York, United States · New York · United States

Posted Jul 14, 2026

Other
Strategic Investments Group

Job description

Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City’s diverse people and businesses. 

Our Mission: Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.

Position Overview:

The Senior Associate will work on the Funds & Advisory team within the Strategic Investments Group. The Funds & Advisory team manages a diversified portfolio that, consistent with the rest of NYCEDC, is dedicated to expanding opportunity and enriching NYC’s economy. Investments are made directly in companies and into funds. Investments cut across asset classes, including debt, equity, and guarantees and seek blended financial and social / environmental returns. The Funds & Advisory team also advises internal and external stakeholders on a range of strategic initiatives and financial topics.

The Senior Associate will assist with all aspects of the impact investment process, including pipeline sourcing, financial analysis and modeling, due diligence, investment memorandum preparation, presentation to the relevant governance committee(s), legal documentation, transaction execution and funding. The Senior Associate will also assist with the broader advisory function, ongoing fund portfolio monitoring and reporting and research-based evaluation and program design associated with the launch of new impact investment tools.

Essential Duties & Responsibilities:

Source pipeline and screen business plans to cultivate impact investment opportunities
Support due diligence in the form of business model evaluation, financial analysis, and industry/market analysis
Develop and maintain detailed financial models, including ability to isolate and manipulate key model drivers
Assist with investment structuring and credit and valuation analyses (e.g., IRR and DCF analyses)
Review and negotiate term sheets and legal documentation
Prepare investment memorandums and presentations to inform senior decision-making, including presenting investment recommendations to NYCEDC executive staff, board members, and City officials
Assist with fund monitoring and reporting, including financial and impact returns
Support internal and external colleagues with impact investment program design and execution
Prepare ad-hoc analyses to evaluate new impact investment programs and strategic opportunities
Collaborate with colleagues in other NYCEDC departments, including but not limited to Legal, Finance, Strategy, and Initiatives to support organizational and city priorities
Other duties as assigned

Qualifications:

Undergraduate degree
At least 3 years of transactional experience in a relevant field (e.g., investing, investment banking, private equity, real estate finance)
Demonstrated interest in or experience with impact investing that balances financial returns with measurable social, economic, or environmental outcomes preferred.
Proven financial analysis skills, including financial modeling, underwriting and/or valuation, and quantitative analysis
Proficiency using spreadsheet and presentation applications, including Excel and PowerPoint
Effective written and verbal communication skills, including public speaking and engagement with external stakeholders
Demonstrated ability to manage competing priorities while maintaining organization, accuracy, and attention to detail.
Demonstrated analytical skills, including the ability to evaluate information, identify trends, and develop evidence-based recommendations.
Demonstrated sound judgment, with the ability to assess opportunities and support informed decision-making.
Demonstrated ability to assess opportunities through analytical and critical thinking to support sound decision-making.
Demonstrated ability to manage work independently and contribute effectively within cross-functional teams
Demonstrated interest in NYC, public policy, public-private partnerships, and program design
NYC residency is required within 180 days of hire

Salary Range

$90,000—$92,000 USD

About Us: New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy.

NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance. We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:

Generous employer subsidized health insurance
Medical, dental, and pharmacy plans
Vision and hearing benefits
Flexible spending accounts for healthcare and dependent care
Short term and long-term disability coverage
100% employer covered life insurance and supplemental life insurance coverage
Up to 25 vacation days
Floating Holidays and Summer Fridays
Parental leave - up to 20 paid weeks
Retirement savings programs
- Company-paid 401(a) defined contribution plan
- 457(b) tax-advantaged retirement savings plan
Tuition Reimbursement program
Continuing education and professional development
Public Service Loan Forgiveness (PSLF) eligible employer
College savings plan
Backup childcare
Gym membership discounts
A Calm.com membership for mindfulness and mental health support
Employee discounts through Plum Benefits and much more

Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization.

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents.

At NYCEDC, all applications are reviewed by our Talent Acquisition team and hiring managers. We do not use artificial intelligence (AI) tools to screen, evaluate, or make decisions regarding candidate resumes or applications. Each candidate is considered through a thoughtful, human-led review process to ensure equity, consistency, and alignment with the needs of the role.

For more information, visit our website at edc.nyc.