Vice President, M/W/DBE Compliance - New York, United States - New York City Economic Development Corporation

Description

Job Description

Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City's diverse people and businesses.

Our Mission: Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.

Position Overview:

The Vice President will be an integral part of the Opportunity M/W/DBE department in developing strategy and leading the compliance and reporting function of NYCEDC's Minority and Women Business Enterprise department ("M/WBE"). Opportunity M/W/DBE delivers on its vision of maximizing opportunities for M/WBE businesses in public procurement, with focus on the construction-related trades and services most involved in NYCEDC's work. The Opportunity M/W/DBE team partners with City Agencies to deliver on the City's goals to award $30 Billion to M/W/DBEs by 2026 and meet a 30% award rate. This is accomplished through two main pillars:

• Compliance & Data Analysis - ensuring M/W/DBE access to opportunities by placing participation goals on NYCEDC's vast portfolio of projects. The Opportunity M/W/DBE manages M/W/DBE compliance on over 1400 construction and professional services contracts. The Compliance team works with departments to develop M/W/DBE outreach and contracting strategies to increase the participation of M/W/DBEs on EDC-led work.
• Capacity Building - Training and assisting M/W/DBE businesses to boost their ability to compete. The Opportunity M/W/DBE analyzes market trends and business capacity to design programming that will support contractors in their growth and attainment of City contracts.

The Vice President will utilize data, evaluation analysis, and policy development to ensure EDC projects with MWBE goals are compliant with goal requirements and are engaging MWBEs to ensure advancement of the MWBE market. This role will oversee direct reports in the Compliance pillar of the Opportunity M/W/DBE department.

Essential Duties & Responsibilities:

• Manages EDC's MWBE Compliance Database, reporting functions and analysis.
• Oversees projects with M/WBE goals and develops metrics to communicate progress with President's Office and Senior Staff
• Designs and produces quarterly reports that provide an outlook and analysis of awards and payments made to MWBEs over the fiscal year
• Analyzes trends in compliance to align strategy for the increased engagement of M/W/DBEs on professional services and construction contracts
• Works with leadership to develop guidelines of MWBE practices and oversees the implementation of these standards of practice across EDC
• Collaborates with MWBE Department leadership to develop and improve internal policies that minimize barriers for M/W/DBEs on EDC projects based on data analysis.
• Lead the team in creating strategies and executing upon negotiations and contracting on a variety of agreement types including Operating Agreements, Leases, in partnership with the EDC Legal team, City Law and outside counsel where appropriate.
• Evaluates and executes MWBE goals and outreach plans to engage MWBEs for contracting on signature construction projects, real estate transactions, strategic investments, urban planning and strategic planning projects
• Obtain and analyze required reporting documents to verify client compliance with various project requirements to increase MWBE participation on goals.
• Manage the cadence of duties, including consistent communications with primes, monthly portfolio meetings to reconcile MWBE performance, review project pipelines, evaluate good faith efforts, investigate issues, advise on any ongoing litigations and other project management tasks.
• Work collaboratively interdepartmentally to successfully execute initiatives and implement MWBE engagement strategies on projects in portfolio.
• Serves as a liaison between MWBE leadership, internal and external stakeholders.
• Participates in monthly meetings with Mayor's Office of M/WBE to discuss M/WBE achievements.
• Develops requested MWBE reports with city agencies as well as City Hall; interact directly with the Deputy Mayor, City Hall staff, and Office of MWBE.
• Develops the collection, data verification, and compilation of the statutorily required disclosure reports to local, state, and federal oversight authorities.
• Uses policy analysis to interpret city/state/federal policies and how they will impact EDC's portfolio.
• Develops legislative agenda and coordinates with NYC agencies to advocate on behalf of M/W/DBEs at City and State level.
• Provides oversight and direction to employees in the operating unit in accordance with the organization's policies and procedures.
• Trains, manages and oversees junior staff to execute M/WBE goal strategy, communications (including presentations), project management, and negotiations.
• Coaches, mentors, and develops staff, including overseeing new employee onboarding and providing career development planning and opportunities.
• Leads employees using a performance management and development process that provides an overall context and framework to encourage employee contribution including goal setting, feedback, and performance development planning.
• Other duties as assigned.

Requirements:

• 7+ Years directly related experience with M/WBE, Affirmative Action and community economic development programming.
• Bachelor's degree or equivalent experience in Public or Business Administration, Public Affairs and Policy, Economics, Finance, Statistics, Management Information Systems, the Social Sciences, Real Estate or a related field. Master's degree in a related field preferred.
• Knowledge of statistics and experience using statistical packages for analyzing datasets (Advanced Excel, Power BI, SPSS, SAS etc.).
• Commitment and passion for business recovery and equitable economic development.
• Demonstrated verbal and written communication skills.
• Proven ability to interact and communicate key concepts with individuals across the organization and across the ladder of leadership.
• Enterprising, resourceful, adaptable, and flexible with a results-oriented approach towards work.
• Demonstrated attention to detail with strong analytical and problem-solving skills.
• Ability to travel as needed (across the five boroughs of New York City).
• Ability to attend evening and occasional weekend meetings.
• New York City residence is required within 180 days of hire.

About Us: New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city's future economy.

NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance. We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:

• Generous employer subsidized health insurance
• Medical, dental, and pharmacy plans
• Vision and hearing benefits
• Flexible spending accounts for healthcare and dependent care
• Short term and long-term disability coverage
• 100% employer covered life insurance and supplemental life insurance coverage
• Up to 25 vacation days
• Floating Holidays and Summer Fridays
• Parental leave - up to 20 paid weeks
• Retirement savings programs
  • Company-paid 401(a) defined contribution plan
  • 457(b) tax-advantaged retirement savings plan
• Tuition Reimbursement program
• Continuing education and professional development
• Public Service Loan Forgiveness (PSLF) eligible employer
• College savings plan
• Backup childcare
• Gym membership discounts
• A membership for mindfulness and mental health support
• Employee discounts through Plum Benefits, Student Loan Servicing tools, and much more

Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization.

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents.

For more information, visit our website at