Financial Planning Analyst Jobs in Illinois

Job Number: 419509

Description

JOB ANNOUNCEMENT FINANCIAL PLANNING ANALYST - EXCLUDED DEPARTMENT OF PLANNING AND DEVELOPMENT Bureau of Economic Development
Number of Positions: 1
(Additional vacancies possible pending budget approval)
Starting Salary: $89,112.00
Applications for this position will be accepted until 11:59pm CDT on 07/02/2026

Under direction, performs financial analysis, prepares recommendations, and leads legislative approval for the City’s economic development incentives, including Tax Increment Financing (TIF), Neighborhood Opportunity Fund (NOF), property tax abatement projects, and new project development. This will include underwriting individual projects, evaluating qualitative and quantitative metrics, reviewing developer and project financial data, preparing internal and public briefings of incentive recommendations, predevelopment management and associated community engagement, negotiation of redevelopment agreements (RDA), and progressing awarded projects through the legislative processes.

ESSENTIAL DUTIES

• Performs financial analysis of proposed development projects by reviewing applications and evaluating the financial feasibility of projects, the amount of public funds required, and the economic benefits to the public sector.

• Manages project development for some City-led development projects, including developing financial estimates, overseeing pre-development planning, and collaborating with other stakeholders.

• Negotiates redevelopment agreements detailing the terms of the project, including the financing mechanism for the City’s payment of eligible costs, and collects all project documentation necessary for redevelopment agreement execution and closing.

• Makes recommendations regarding the City’s participation in private development projects, resolves project issues, and works to ensure projects achieve resolution for redevelopment agreement execution/closing.

• Responsible for the day-to-day management of project pipeline, progressing each project through the internal review and legislative processes, while communicating with supervisor(s) until project closing.

• Serves as a subject matter expert related to capital structuring, development finance, and general commercial real estate development.

• Provides feedback to developers and applicants regarding applications, projects, and program requirements prior to and following incentive submission deadlines.

• Assists in proposing, developing, and operationalizing new policies, strategies, or processes that improve the performance of the City’s financial incentives.

• Meets with community and local elected officials to explain proposed redevelopment projects and/or designations in their communities and obtain their support. Meetings may occasionally take place in the evening or on a weekend.

• Represents the department at various public hearings, special task forces, or other committee meetings to give presentations and explain and discuss financial planning, development projects, and designation as required.

• Collaborates with other sections of the department to conduct various reviews (e.g., architectural, construction, compliance) to ensure plans activities are in accordance with the City’s plans and policies.

Additional duties may be required for this position.

NOTE: The list of essential duties is not intended to be inclusive; there may be other duties that are essential to positions within the class.

Location: City Hall, 10th Floor
Days: Monday – Friday (occasional weekend hours may be required)
Hours: 9:00am – 5:00pm (occasional evening hours may be required)
THIS POSITION IS IN THE CAREER SERVICE

Qualifications

Education, Training, and Experience

Graduation from an accredited college or university with a Bachelor’s degree in Finance, Business Administration, Real Estate, Urban Planning or a directly related field, plus three (3) years of experience in financial analysis, OR
Graduation from an accredited college or university with a Master’s degree in Finance, Business Administration, Real Estate, Urban Planning, or a directly related field, plus two (2) years of experience in financial analysis.

NOTE: You must provide your transcripts or diploma at the time of processing.

SELECTION REQUIREMENTS

This position requires applicants to complete an interview which will include a skills assessment and/or written exercise as part of the interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position, based on the oral and written parts of the interview will be selected.

Preference will be given to candidates possessing the following:

- Previous experience evaluating commercial real estate development projects and associated financials.
- Previous experience reviewing pro forma in relation to commercial real estate or commercial loan underwriting.
- Previous experience in a client facing or relationship management capacity within the financial services industry.
- Previous experience with project management of commercial real estate development or other complex projects.

APPLICATION EVALUATION:

Initial evaluation will be based on information provided on the application and the documents submitted. Department of Human Resource staff will review applications after the final posting date. Staff will follow any and all required Employment/Hiring Plan provisions, federal, state and local laws, and Collective Bargaining Agreements when applicable. Staff will apply hiring preferences as required by the municipal code. Placement on an eligibility list is not an offer or guarantee of an interview nor employment with the City of Chicago.

COMMITMENT TO DIVERSITY:

To further our commitment to hiring applicants with diverse experience the City of Chicago has adopted the following ordinances 2-74-020 and 2-74-075. The ordinances provide a preference to applicants who meet minimum qualifications and who are veterans of the Armed Forces, and/or residents of Socio-Economically Disadvantaged Areas (SEDA) and/or Chicago Public School (CPS) high school graduates to be referred to departments for consideration. These hiring preferences do not apply to bidders, as Collective Bargaining Agreements define the hiring process for bidders. For positions covered by a collective bargaining agreement, bidders will be considered before external candidates. To learn more about our hiring practices click here.

ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.

The City of Chicago is an Equal Employment Opportunity, Military Friendly, and Fair Chance Employer.

City of Chicago

Brandon Johnson, Mayor

Job Posting: Jun 18, 2026, 12:00:00 AM | Closing Date (Period for Applying) - External: Jul 2, 2026, 11:59:00 PM
BU: 20 | Salary: $89,112
Pay Basis: Yearly