Job Responsibilities
- Provide buy and/or sell investment recommendations via credit discussions and written credit reports for municipal securities for assigned sectors.
- Perform independent credit risk on issuers to identify relative value and investment opportunities with an entrepreneurial mindset.
- Perform due diligence, pre- and post-issuance, by engaging municipal issuers and investment bankers and making site visits (some domestic travel required).
- Actively monitor market themes and sector trends.
- Undertake ongoing surveillance of and recommendations for held investments via maintenance of the proprietary internal credit database.
- Build and maintain relationships with investment bankers and analysts, the broker-dealer community, rating agencies, and legal professionals, among other market participants.
Required qualifications, capabilities and skills
- Minimum of 3 years of experience in credit analysis.
- Bachelor’s degree in related field
- Critical Technical Skills
- Demonstrated ability to evaluate municipal issuer credit risk, determine relative value, and communicate concisely under typically stringent time constraints.
- Working knowledge or interest in municipal market technicals and identification of primary and secondary market opportunities.
- Proficient accounting and financial analysis skill with excellent cash flow modeling and revenue/expense forecasting and advanced knowledge of GAAP/GASB accounting.
- Ability to read and evaluate complex bond documents and structures with attention to detail.
- Strong written and oral communication and interpersonal skills; team-oriented.
- Demonstrated experience common business software packages/applications.
Preferred qualifications, capabilities and skills
- CFA or CFA candidate preferred.
- Degrees specializing in data science, finance and/or economics preferred.