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Economic Development Associate Jobs in New York (NOW HIRING)

Strong understanding of development budgets, project economics, underwriting, and feasibility ... Development Associate at a commercial, industrial, mixed-use, or logistics developer * Development ...

FIG Business Development Associate

New York, NY · On-site

$48K - $66K/yr

PIMCO is seeking a business development associate to accelerate the growth of our insurance channel ... Ideal candidates are familiar with fixed income instruments and the economic underpinnings of the ...

Strong understanding of development budgets, project economics, underwriting, and feasibility ... Development Associate at a commercial, industrial, mixed-use, or logistics developer * Development ...

FIG Business Development Associate

Manhattan, NY · On-site

$49K - $67K/yr

PIMCO is seeking a business development associate to accelerate the growth of our insurance channel ... Ideal candidates are familiar with fixed income instruments and the economic underpinnings of the ...

Be Seen First

The Fund Development Associate serves on the CEO's senior leadership team and provides strategic ... economic · segments of the community. · Working knowledge of giving and charitable vehicles. · ...

Business Development Associate

New York, NY · On-site

$48K - $66K/yr

As a Business Development Associate, you get to own a market: finding the right operators, building ... Conduct in-depth research on restaurant brands: leadership, unit economics, expansion plans, and ...

Business Development Associate

New York, NY · On-site

$48K - $66K/yr

As a Business Development Associate, you get to own a market: finding the right operators, building ... Conduct in-depth research on restaurant brands: leadership, unit economics, expansion plans, and ...

New

As a Business Development Associate, you get to own a market: finding the right operators, building ... Conduct in-depth research on restaurant brands: leadership, unit economics, expansion plans, and ...

New

Business Development Associate

New York, NY · On-site

$48K - $66K/yr

As a Business Development Associate, you get to own a market: finding the right operators, building ... Conduct in-depth research on restaurant brands: leadership, unit economics, expansion plans, and ...

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Economic Development Associate information

What does an Economic Development Associate do?

An Economic Development Associate supports efforts to improve the economic well-being and quality of life in communities by assisting with projects, research, and outreach related to business growth, job creation, and community development. They often work with public agencies, private organizations, and stakeholders to analyze economic trends, prepare reports, and implement programs that attract or retain businesses. Their responsibilities may also include grant writing, event planning, and helping manage communications with local businesses and government officials.

What are some common challenges Economic Development Associates face when working with local stakeholders?

Economic Development Associates often encounter challenges such as balancing diverse stakeholder interests, navigating complex regulatory environments, and communicating effectively with both public and private sector partners. Building consensus among local government officials, business leaders, and community members requires strong interpersonal and facilitation skills. Additionally, associates must stay adaptable to shifting economic conditions and policy changes while ensuring that projects align with both community needs and organizational goals.

What are the key skills and qualifications needed to thrive as an Economic Development Associate, and why are they important?

To thrive as an Economic Development Associate, you need strong analytical abilities, knowledge of economic principles, and a relevant degree in economics, public administration, or a related field. Familiarity with data analysis tools, GIS software, and grant management systems is typically required. Excellent communication, relationship-building, and project management skills help you engage stakeholders and drive community initiatives. These competencies are crucial for successfully attracting investment, supporting local businesses, and fostering sustainable economic growth.

What is the difference between Economic Development Associate vs Economic Development Coordinator?

AspectEconomic Development AssociateEconomic Development Coordinator
Required CredentialsBachelor's degree in economics, urban planning, or related fieldBachelor's degree; some roles prefer experience in project management
Work EnvironmentGovernment agencies, non-profits, economic development firmsLocal government offices, economic development agencies
Employer & Industry UsageCommonly used in public sector economic initiativesOften used interchangeably with Associate, focusing on project coordination

Both roles typically require a bachelor's degree and involve working in government or non-profit sectors focused on economic growth. The main difference lies in scope: Associates often assist with research and outreach, while Coordinators may handle project management and implementation tasks. Understanding these distinctions can help job seekers target the right position based on their skills and career goals.

Is economic development a good career path?

Economic development is a viable career for those interested in improving local economies, involving roles such as Economic Development Associate that require skills in research, policy analysis, and community engagement. The field offers opportunities in government agencies, non-profits, and consulting firms, often requiring a bachelor's degree and knowledge of economic principles. Career growth depends on experience, education, and networking within the industry.

What degree do you need to work in economic development?

A bachelor's degree in economics, public administration, urban planning, or a related field is typically required for an Economic Development Associate position. Some roles may prefer or require a master's degree or relevant certifications, along with strong analytical and communication skills.

What are the most commonly searched types of Economic Development jobs in New York?

The most popular types of Economic Development jobs in New York are:

What cities in New York are hiring for Economic Development Associate jobs?

Cities in New York with the most Economic Development Associate job openings:

$16.50 - $19.75/hr

Full-time

Posted 5 days ago


Job description

POSITION OVERVIEW
The Senior Associate will join the Incentives team within the NYCEDC's Strategic Investments Group, managing projects related to tax incentives, bond financing, New Markets Tax Credit financing, or other relevant development finance tools. The role is responsible for managing transactions from origination through closing, conducting financial analysis and due diligence, advising businesses and nonprofit organizations on available financing programs, and presenting recommendations to senior leadership and governing boards. The Senior Associate will also support the development of new financial assistance programs and collaborate across NYCEDC and with external partners.  

ESSENTIAL DUTIES AND RESPONSIBILITIES: 

  • Manage discretionary tax incentive transactions from origination through closing. This includes but is not limited to the following: 
  • Developing expertise in New York City Industrial Development Agency (NYCIDA), Build NYC, and New York City Neighborhood Capital Corporation (NYCNCC) financing programs and advise prospective applicants on available incentives and financing opportunities. 
  • Reviewing applications for financial assistance from for-profit and nonprofit organizations, conducting financial analysis, coordinating site visits, and overseeing project due diligence, including environmental, legal, and background reviews. 
  • Evaluating applicant eligibility for financial assistance using sound judgment and a thorough understanding of program requirements and communicating recommendations to senior staff. 
  • Analyzing projects and presenting findings and recommendations to project teams, senior leadership, Boards of Directors, and other City agencies through written and verbal presentations. 
  • Advise members of the real estate, nonprofit, and business communities on New York City's economic development financing programs and incentives. 
  • Collaborate across NYCEDC and with external stakeholders-including developers, nonprofits, CDFIs, financial institutions, consultants, industry organizations, and government agencies-to advance strategic initiatives. 
  • Prepare ad hoc analyses to evaluate new impact investment opportunities, policy initiatives, and program enhancements. 
  • Provide day-to-day guidance to junior staff on transactions, financial analysis, and program requirements.
  • Perform other duties and special projects as assigned. 

QUALIFICATIONS: 

  • Undergraduate degree required, postgraduate degree preferred.  
  • 3+ years of relevant experience in (economic development, finance, real estate, public policy, urban planning, City or State government).   
  • Proficient in Microsoft Excel, PowerPoint, and other spreadsheet, database, and presentation applications; experience preparing budgets or financial statements is a plus. 
  • Effective written, verbal, and presentation skills, including the ability to communicate effectively with diverse audiences. 
  • Demonstrated project management, organizational, and analytical skills, with the ability to manage multiple priorities and competing deadlines. 
  • Proven ability to work effectively both independently and in a collaborative within a team.  
  • Demonstrated interest or experience in economic development, real estate, public policy, or New York City government.
  • NYC residency is required within 180 days of hire.