Assistant Analyst/ Analyst

The Mayor's Office of Management and Budget (OMB) is the City government's chief financial agency. OMB's staff of analysts and experts assembles and oversees the Mayor's expense and capital budgets, which fund the services and activities of more than 90 City agencies and entities. Within OMB, the City Revenues, Economics, and Policy Division is responsible for forecasting and monitoring trends in the NYC, national, and global economies, including tax revenues, labor markets, and income growth. As part of this Division, the Economic Analysis and Forecasting Unit tracks and forecasts the City's major economic indicators, produces supporting analysis as necessary, and provides statistical research, support, and training. The duties of this position include the following: Manage the development and maintenance of OMB's in-house econometric forecasting model, including annual review and update of equation estimates. Prepare presentations and briefings based on the model's results. Administer and process regular data updates such as the monthly seasonal adjusted NYC employment data. Prepare written briefs of the results. Perform additional economic analysis and research using both public and proprietary data sources. Support the maintenance of national and local area economic databases. Track and document ongoing data revisions, benchmarks, reclassifications, and definitional changes. Assist other OMB groups and taskforces with economic data and analysis. Author sections of periodic publications including the Quarterly Economic Report, the Preliminary Financial Plan, and Executive Budget. In addition, create accompanying data tables, charts, and graphs for budget publications and presentations. Write periodic memos analyzing recent data releases and their impact on the U.S. and local economies.

NYC Office of Management and Budget (OMB) oversee an annual expense budget of $90.55 billion and a capital budget of more than $11.2 billion a year. With staff of approximately 350 employees, OMB prepares and monitors the budgets and programs of over 80 City agencies and covered organizations, e.g. Transit Authority, Health and Hospitals Corporation, and the Housing Authority.