Intern role name: Strategic Operations Intern (Fall)
Area of Talent: Strategy, Analysis, and Management
Position Type: Fall Undergraduate Internship
Office Location: NYC/Financial District
Reports to: Vice President, Strategic Operations
Hourly Rate: $17.50/hr
Note: If needed, HDC will fully support an intern’s application for credit or stipend from their school/university.

POSITION SUMMARY:

The Strategic Operations Undergraduate Intern will work with colleagues in the President’s Office, across HDC, and with external partners to identify and implement solutions to issues of strategic importance to the Corporation. As part of the team, you will gain experience analyzing and managing issues that cut across HDC’s different divisions that require a comprehensive approach.

Through one or more projects, you will receive coaching and support on how to:

• Define challenging policy, operational, and financing problems
• Synthesize complex and unstructured qualitative and quantitative information to inform decision-making
• Collaborate in a cross-functional environment with professionals from different disciplines
• Fine-tune your writing, presentation, and communication skills to be effective in time-constrained environments

The Strategic Operations Undergraduate Intern will work on the Vice President for Strategic Operations’ team in the President’s Office and report to the Director of Strategic Planning & Analysis.
Recent projects or issues on which the team has worked include: an evaluation of a legacy middle-income affordable housing program; estimation of revenue trends, cost trends, and capital needs across HDC’s portfolio; development of proposals to streamline the moving of formerly homeless households into permanent affordable housing; crafting successful recommendations to reduce federal administrative barriers in the lease-up process; structuring a new equity-enhancing loan guarantee with an external financial institution; and investigating solutions to rising insurance costs in multifamily affordable housing.

REQUIRED QUALIFICATIONS:

• Must be pursuing an undergraduate-level degree in any field of study

PREFERRED QUALIFICATIONS:

• Professional experience or coursework in real estate finance, housing policy, program design, program implementation, quantitative analysis, management consulting, or equity research
• Data analysis skills in at least one analytics framework (e.g., R, Python, Stata, SAS)
• Financial modeling skills in Excel
  It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to (212) 227-6816.

Responsibilities, depending on the project, could include:

• Analyze quantitative and qualitative data to describe a program or issue’s characteristics, challenges, and trends
• Research and summarize policies, programs, or statutes
• Write short memos describing policy and programmatic options
• Build financial models to evaluate programmatic or operational changes
• Assess how current tools can be modified or used in novel ways to advance new goals
• Identify misalignment between operations and policies that can be addressed to improve outcomes
• Provide a sounding board for idea development, stakeholder engagement, and project management
• Synthesize existing procedural documents, process flows, and program eligibility requirements