About the role#
This fellowship offers a unique, year-long opportunity to gain hands-on experience in municipal finance. You will work on projects related to capital market financings and portfolio monitoring. The role includes a seminar series covering various business topics at DASNY. You will spend the first six months at our headquarters in Albany, followed by six months at a partner financial institution in New York City.
What you'll do#
- Perform detailed financial analysis and calculations.
- Assist in the production of Official Statements and the review of bond issues.
- Draft staff reports and review financial statements.
- Maintain and reconcile data in portfolio monitoring databases and tracking systems.
- Prepare reports on the financial performance of our clients.
- Analyze credit for new financings and evaluate the financial impact of mortgage changes.
- Monitor facility performance during construction and track workout agreements for challenged clients.
- Support the administration of health care loans and grant programs.
- Complete special projects and assignments as needed.
What you'll need#
- You are an undergraduate student from an underrepresented group graduating in December 2026, May 2027, or June 2027.
- You have an interest in public finance and familiarity with governmental institutions.
- You possess strong analytical and quantitative skills, often gained through coursework in Economics, Business Administration, or Mathematics.
- You have a strong work ethic and a drive to pursue a career in financial services.
- You are authorized to work in the United States.
- You must submit a resume, an unofficial transcript, and a personal statement.
Location & details#
- This is a full-time, paid fellowship.
- The first six months are based on-site in Albany, New York.
- The second six months are based on-site in New York City.
About DASNY (Dormitory Authority - State of New York )
DASNY is a government agency based in Albany, New York. Founded in 1944, the organization manages construction and financing for public and private universities, healthcare facilities, and other public-serving institutions. It employs between 201 and 500 people. Its primary work includes public finance, construction management, and interior design.
How to get in at DASNY (Dormitory Authority - State of New York )
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