Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.
About the Office of Financial Planning Following a recommendation of the Special Panel Implementation Office, the Office of Financial Analysis (OFA) has been combined with the Forecasting and Capital Planning Division to form the Office of Financial Planning. This group provides due diligence and associated consultative services in assessing the business case of potential projects and transactions to assist the agency in prioritizing and funding these investments and evaluating innovative financing approaches. In addition, the office is responsible for developing strategy, policy and procedures for seeking alternative and innovative financing/funding to advance capital projects.
Responsibilities: Under the supervision of the Director and Deputy Director, the selected candidate will be responsible for developing the process required to identify, apply and utilize alternative opportunities to fund capital projects, with particular emphasis on developing alternative financing strategies and securing grant funding and other innovative financing opportunities.
* Maintain a portfolio of prospective federal funding opportunities * Identify and recommend projects eligible for federal funding/financing (through grants or loans) and research impacts related to compliance with federal regulations * Facilitate communication among Departments; assist in grant/loan interpretation and application; solicit input on various projects, grants, and other issues, to ensure open flow of information within the agency * Position the Port Authority to be eligible for future financing/funding opportunities * Serve as liaison with federal funding agencies and cultivate relationships with federal partners * Coordinate inter-agency teams to develop unified positions on rule-makings, guidance, and circulars and respond to requests for public comment on diverse issues * Prepare talking points, position papers, reports, memos and briefing documents in coordination with other agency staff to advise Port Authority executive management and departments on critical issues to the Authority related to legislative and regulatory proposals, mega-projects and safety issues
Other Alternative and Innovative Funding/Financing:
* Coordinate the work of the capital infrastructure financial and business advisor and serve as liaison with the line departments * Assist in screening the agency’s portfolio of capital investments for prospective candidate projects for Public Private Partnerships
JOB REQUIREMENTS: Candidates must present the following qualifications to be considered eligible for this position:
* A Bachelor’s Degree from an accredited college or university in Finance, or a related field is required * Seven to ten years’ experience in federal financing/funding and resource development, with demonstrated success in securing federal funding for transportation related investment
Ideal candidates will present the following profile:
* Master’s degree from an accredited college or university in Finance, Business/Public Administration, Political Science or a related field * Awareness of best practices and emerging trends in federal funding and financing initiatives as well as innovative financing tools and structures * The ability to serve as a strategic thinker, capable of providing positive and proactive solutions to challenges and opportunities * Adept in fostering excellent relationships with internal and external stakeholders and staff at all levels * Ability to motivate and work effectively across diverse teams within an organization * Demonstrated experience in generating and delivering persuasive and clear written and verbal communications, with strong presentation and interpersonal skills * Ability to communicate complex information in a simplified format to senior staff * High level of integrity and a strong work ethic * Experience securing federal grants/loans * Proficient in performing financial analyses, including “what-if” scenarios and cost benefit analyses * Ability to interpret and understand the Agency’s direction and its impact on the client departments * Demonstrated skills required to manage comprehensive analytical projects, with demonstrated ability to set specific timelines and deliverables to achieve goals * Ability to work under pressure and meet tight deadlines while achieving required results
The Port Authority of New York and New Jersey offers a competitive salary, an outstanding benefits package and a professional environment that supports development and recognizes achievement.
The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer. <img height=1 width=1 border=0 src=http://panynj.contacthr.com/54437846.jpg />
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