Assistant Vice President, Project Support Team

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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 Innovation Industries department at NYCEDC oversees real estate and capital projects, financial incentives, government wayfinding and regulatory reform, and workforce initiatives and diverse entrepreneurship programs to ensure New York City remains a global leader in innovation, and that we provide pathways of opportunity for all New Yorkers in our tech, life sciences, clean tech, and creative industries.

For example, we launch wet and dry labs, video game production facilities, or AI and robotics innovation studios for therapeutic discovery and healthcare tech.

Initially Reporting to the VP of the Project Support Team (PST) and working closely with the Department EVP and Division Heads, the Assistant Vice President (AVP) will support established and emerging projects with procurement strategy, deal execution and post contract support through the point when they commence construction or operations, then handing projects over to other members of the PST team for ongoing oversight and closeout.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

• Project manage procurement strategy, process, contracting efforts, amendments, filing of certificates to proceed, and post-contract compliance for capital projects and programs
• Draft contracts, correspondence, submissions and supporting documentation for capital projects and programs including designation letters and award letters, funding agreements, and certificates to proceed
• Liaise with cross-functional teams, including EDC Legal and City Law, EDC Finance and OMB, Contracts, Budget, and Accounting
• Establish best practices including closing checklists, model forms, and a library of samples to drive efficiency through the process
• Create a central and standardized database of all existing innovation capital projects and ongoing project management including project status, milestone dates, outstanding docs and approvals with associated timelines for project teams to fill in
• Document capital procurement, contracting, Certificate to Proceed, Funding Agreement, and registration process and create clear Standard Operating Procedures (SOPs) to guide project teams and "client" counter parties
• Actively contribute to team building, staff, and departmental development

QUALIFICATIONS :

• Undergraduate degree required
• 5+ years of deal experience in a relevant field such as real estate, investment banking, or project finance, or public sector experience in a relevant function
• Demonstrated proficiency with commercial transactions, project management, and financial analysis
• Demonstrated written and oral communication skills
• Keen attention to detail and ability to prioritize competing needs and opportunities
• Highly analytical and strategically minded, with a proven ability to creatively navigate and solve complex challenges
• Proactive "self-starter" and "team player" who is enterprising and resourceful, organized and results-oriented
• Must obtain / maintain New York City residency within 180 days of hire

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, Student Loan Servicing tools, 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.

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

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