Fixed Income Research Associate – Municipal Bonds

Fixed Income Research Associate – Municipal Bonds

Requirements

• Passionate about a career in credit research with a strong interest in municipal bond investing.
• 2-5 years of experience in credit research or related field (experience covering tax-exempt/municipal credit is preferred; exposure to healthcare/hospitals and charter schools is a plus).
• Strong desire to continue to develop bottom-up fundamental credit research skills working in partnership with experienced investment professionals.
• Experience with fundamental credit analysis, working with sell-side firms and industry consultants, Bloomberg, utilizing research tools, trade publications, online sources, regulatory filings, etc., and interpreting this information to generate insightful analysis.
• Proven ability to develop and maintain comprehensive charts and visualizations to support credit analysis and communicate investment insights effectively.
• Thrives in team settings, asks good questions, bounces ideas off others, and proactively shares perspective.
• Enjoys learning new things and can flex to varying work styles and expectations.
• Inquisitive mind, demonstrating intellectual curiosity and analytical skills in areas of high complexity surrounding financial markets and industry trends.
• Applies sound judgment in resolving conceptually complex matters.
• Effective written and oral communication skills.
• Collaborates and develops/maintains relationships both inside and outside the organization.
• Available for occasional travel on research trips to meet with issuer constituents and investment professionals.
• Bachelor’s degree in finance, economics, STEM or a relevant field of study.

Responsibilities

• Work closely and collaborate with Fixed Income Investment Professionals and peers to deliver valuable insights.
• Conduct bottom-up fundamental research and analysis that will drive investment decisions.
• Partner with investors on their coverage to help generate investment ideas and monitor holdings by conducting deep fundamental research on municipal bond issuers.
• Facilitate meetings with issuer stakeholders, sell-side firms, and industry specialists.
• Conduct relative value comparison and work as a key contributor in the municipal credit investment process.
• Work on projects with growing complexity over time, receiving guidance and mentorship from experienced investment professionals.

Preferred Qualifications

• Familiarity with programming languages (Python, SQL, R), data visualization tools (Tableau, PowerBI) and data platforms (Amazon S3, Snowflake, Databricks) is a plus, but not necessary.