💼 Full-Time Position

Municipal Finance Fellow

🏢
State of New York Mortgage Agency
📍 New York, NY, United States
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Location
New York, United States
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Posted
June 27, 2026
Type
Full-Time
🎯

Full-Time Opportunity: This is a permanent, full-time position with a competitive package and real career growth potential.

Job Description

New York State Homes and Community Renewal (HCR) established the Municipal Finance Fellowship program in 1990. The Fellowship offers a year-long, full-time opportunity to gain real-world experience in the public finance investment banking industry. Beginning in July of each year, HCR offers up to 5 Fellowships annually to students with interest in pursuing careers in finance and the public sector. The program strives to create a more inclusive and diverse workforce in the financial services industry.

Program Description

Fellows will participate in a one-year public finance rotational program, where they will spend six months with HCR and six months with a partnering investment banking firm. Current investment banking partners include Barclays, Jefferies, Morgan Stanley, and Samuel A. Ramirez & Company

At HCR, Fellows will be deeply involved with single-family and multi-family bond financings, real estate finance, and mortgage insurance. At the investment bank...