Empire State Development · 11 hours ago
Financial Analyst
Empire State Development is seeking a Financial Analyst to conduct financial and credit analysis for operating companies. The role involves preparing analyses and models to assist in structuring loans and grants, while supporting senior staff on various projects.
Business DevelopmentGovernmentTraining
Responsibilities
Prepare memoranda detailing corporate and project financial strengths, credit risks, and funding gaps
Obtain and analyze financial statements/tax returns of corporate and not-for-profit entities and individuals
Review financial projections and create cash flow models for operating companies and real estate developments, including sensitivity analyses
Perform risk assessment of credit and collateral ensuring loan stability and sound credit quality
Conduct financial due diligence to determine project feasibility
Input various financial data into Excel-based financial models for scoring purposes
Perform site visits to potential/current borrowers and interview counterparties
Support senior staff on larger or more complex transactions, including drafting sections of reports and preparing data for senior-level presentations
Participate in interdepartmental and external calls to request information and clarify financial submissions; escalate contentious issues or negotiations to senior staff
Assist other departments with financial analysis/modeling on an ad-hoc basis
Other related projects/assignments as assigned by management
Qualification
Required
Bachelor's degree in accounting or finance, or equivalent experience
1–3 years performing financial analysis, underwriting commercial loans, or working with debt instruments
Strong foundation in financial accounting, credit analysis, and modeling
Ability to analyze/spread financial statements and draft concise analyses of credit
Strong Excel skills required
Excellent written and oral communication skills
Benefits
Comprehensive Benefits Package
Company
Empire State Development
Empire State Development (ESD) is New York’s chief economic development agency.
Funding
Current Stage
Late StageTotal Funding
$1MKey Investors
U.S. Small Business Administration
2023-10-02Grant· $1M
Leadership Team
Recent News
2025-12-17
2025-12-05
Central New York Business Journal
2025-12-05
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