Summer Intern, Compliance at New York City Economic Development Corporation

New York, New York, United States

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Not SpecifiedCompensation

InternshipExperience Level

InternshipJob Type

UnknownVisa

Economic Development, Government, Real EstateIndustries

Requirements

Preferred field(s) of study: Business, Economics, Finance, Public Policy, and any related fields
Must be enrolled in an undergraduate or graduate degree program; recent graduates are also encouraged to apply
Demonstrated enthusiasm for the mission of NYCEDC
Demonstrated written, verbal, and analytical skills
Demonstrated experience in using database and presentation tools, including Excel, PowerPoint, and Word
Detail-oriented and organized, with the ability to multi-task and manage deadlines
Ability to work in collaborative, cross-functional teams
Ability to work full-time, Monday-Friday 9AM-5PM and complete the entirety of the 10-week program

Responsibilities

Assist Project Managers with tasks to manage and administer portfolios of economic development agreements
Read transaction documents to determine project requirements and covenants
Obtain and analyze required reporting documents in order to verify client compliance with various project requirements
Maintain and update the Compliance database
Maintain files and draft correspondence/memos documenting client compliance, defaults, and corrective actions
Prepare and conduct site visits to inspect construction progress that is compliant with project agreements
Contact portfolio project contacts via phone and email
Other duties as assigned

Skills

Compliance

Project Management

Data Management

Contract Enforcement

Portfolio Management

Reporting

NYCIDA

Build NYC

Public Disclosure

New York City Economic Development Corporation

Supports community development and job creation

About New York City Economic Development Corporation

New York City Economic Development Corporation focuses on enhancing the economic landscape of New York City by collaborating with local communities. The organization implements various initiatives aimed at developing industries and businesses, which in turn helps to create quality job opportunities. Their approach includes offering training and skill-building programs to equip residents with the necessary tools for employment. Additionally, they invest in essential infrastructure to support these efforts. Unlike other organizations, their mission is specifically centered on community engagement and public investment, ensuring that the benefits of economic development are felt at the neighborhood level. The ultimate goal is to foster strong, vibrant communities through sustainable economic growth.

New York City, New YorkHeadquarters

1991Year Founded

VENTURE_UNKNOWNCompany Stage

Government & Public Sector, Social ImpactIndustries

501-1,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Professional Development Budget

Wellness Program

Gym Membership

Backup childcare

Flexible Work Hours

Employee Discounts

Risks

Competition from cities like Los Angeles could attract businesses away from NYC.

Maintaining long-term partnerships is challenging, as seen in delayed projects.

Rising demand for tech talent may increase costs for NYCEDC's initiatives.

Differentiation

NYCEDC partners with NYU-led incubators to foster innovation since 2009.

The Pilots at BAT program integrates climate innovation into urban development projects.

NYCEDC collaborates with OpenAI to enhance NYC's AI startup ecosystem.

Upsides

Digital game design incubators attract tech talent and foster innovation in NYC.

Partnership with OpenAI positions NYC as a hub for AI startups.

Atlantic Aviation's agreement extension boosts eco-friendly transportation initiatives.

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