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 MissionCreating a vibrant, inclusive, and globally competitive economy for all New Yorkers. 

Position Overview: The Assistant Vice President (AVP) 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 AVP 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 AVP 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   
  • Lead 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) 
  • 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 engagement with internal and external colleagues who are considering incorporating investment structures into their programs 
  • Prepare ad-hoc analyses to support the evaluation of new impact investment programs and strategic opportunities  
  • Mentor and support the training of more junior colleagues 


  • Undergraduate degree  
  • 5+ years of transactional experience in relevant field (e.g., impact investing, investment banking, private equity, real estate finance) 
  • Proven experience with financial modeling, company underwriting and/or valuation and bespoke quantitative analysis  
  • Proficiency using spreadsheet and presentation applications, including Excel and PowerPoint 
  • Demonstrated written and oral communication skills, including public speaking and engagement with external stakeholders 
  • Keen attention to detail and ability to prioritize competing needs and opportunities 
  • Deep interest in impact investing, community development and public-private partnerships 
  • Highly analytical and strategically minded, with a proven ability to creatively navigate and solve complex challenges 
  • Execution oriented self-starter, with the ability to work independently and thrive in a team-based environment 
  • NYC residency is required within 180 days of hire 
Salary Range
$95,000$98,000 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 balanceWe 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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