Capital Markets Intern

Description

Intern role name: Capital Markets Intern

About HDC

The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC seeks to increase the supply of multi-family housing, stimulate economic growth, and revitalize neighborhoods by financing the creation and preservation of affordable housing for low-, moderate-, and middle-income New Yorkers. HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.

Area of Talent: Capital Markets/Affordable Housing Finance
Position Type: Fall Internship
Office Location: NYC/Financial District
Hourly Rate: Undergrad Student- $18/hour
Note: If needed, HDC will fully support an intern’s application for credit or stipend from their school/university. 

Position Summary:

The Capital Markets Intern will support the team in analyzing bond and mortgage portfolios, preparing financial materials, and assisting with data management and reporting projects. This role provides hands-on experience with financial modeling, portfolio analytics, investor presentations, and database management.

Responsibilities:

• Assist in preparing materials for investor roadshows, rating agency meetings, and other presentations
• Support the review and updating of bond and mortgage portfolio data, including interest rate modes, hedge details, loan characteristics, and counterparty exposure
• Perform basic cash flow analyses under the guidance of senior analysts
• Contribute to the creation and maintenance of internal databases used for portfolio monitoring and reporting
• Support efforts to improve data accuracy, structure, and reporting processes

Required Qualifications:

• Pursuing a degree in finance, economics, real estate, business administration, mathematics, data management, or a related field
• Basic understanding of financial concepts and an interest in mortgages or real estate finance
• Strong analytical, organizational, and problem‑solving skills with high attention to detail
• Ability to manage multiple tasks and work both independently and in a team setting
• Excellent communication skills
• Proficiency in Microsoft Excel (intermediate level or above preferred)

Preferred Qualifications:

• Knowledge of Federal, New York State, and New York City affordable housing programs is a plus
• Coursework or prior internship experience in bond finance, real estate finance, capital markets, or mortgage operations
  
  Please include a cover letter with your resume. You may also fax your resume and cover letter to (212)227-6816.
  HDC is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

HDC is committed to the full inclusion of all qualified individuals. As part of this commitment, HDC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please complete the reasonable accommodations section on the application or contact Human Resources by emailing [email protected].