Public Finance Analyst – New York (#2103245)
Description
Raymond James is a top-10 ranked bond underwriter nationally. Our Public Finance practice is seeking to add a qualified public finance analyst into our northeast group headquartered in New York City. The group’s coverage area spans from Maine to Delaware and includes a variety of municipal issuers from States and State authorities to regional and local authorities, local municipalities, water/sewer issuers, school districts and higher education institutions. Analysts provide analytical and quantitative support and assist bankers on municipal bond transactions. This role requires self-direction, attention to detail, a strong willingness to learn, and the ability to think critically.
Job Summary:
Under immediate supervision, performs routine work of the department using specialized knowledge and skills obtained through education, experience and/or specialized training to perform analytical and related assignments in support of Senior Investment Bankers and clients in an assigned industry. Will gain experience in a broad array of municipal finance sectors, including Transportation, Public Utilities, Housing, Healthcare, Sports Facilities, and General State and Local Government Finance. Responsible for thorough analysis of projects, preparing cash flow analyses, obtaining bond ratings and/or bond insurance, assisting in the preparation of the Official Statement and other documents related to the offering, preparing Request For Proposals (RFP’s) and client presentations, as well as research related to existing and prospective clients. Orchestrates the bond issuance process and provides advice and assistance in offering the bonds to investors. May be responsible for complete project or specific aspects of it, depending on the complexity and the level of involvement. As associates (analysts) gain experience, they are expected to increase their capacity to process a larger portion to a given transaction. Guidance is provided to perform varied work that is difficult in nature requiring evaluation, originality and ingenuity to make moderately complex decisions.
Essential Duties and Responsibilities:
• Analyzes the overall debt profile of the assigned municipal finance sectors, on a continued basis.
• Provides Senior Investment Bankers with new financing ideas and analysis for specific municipal issuers across the United States.
• Completes complex spreadsheet financial models for assigned industry.
• Analyzes printed and electronic financial information about assigned industry to keep Senior Investment Bankers informed about significant developments.
• Formulates new transaction proposals.
• Develops financial analysis during the issuance of municipal bonds including revenue models, running the numbers, debt profiles and the analysis of refinancing and cash flow.
• Prepares client pitch books and responds to RFP’s.
• Creates and presents marketing and sales materials.
• May have limited interaction with clients.
• Assists in the reviewing of bond documents and other documents related to the closing bond transaction.
• Coordinates the printing and delivery of bond documents.
• Performs other duties and responsibilities as assigned.
Qualifications
Knowledge, Skills, and Abilities:
Knowledge of:
• Fundamental investment concepts, practices and procedures used in the securities industry.
• Fixed Income procedures, regulatory requirements, transactions and client relationships.
• Financial Markets and Products.
• Basic business case analysis.
• Quantitative financial analysis and data modeling.
Skill in:
• Excellent analytical, critical thinking and problem solving skills sufficient to recognize and detect errors and offer resolution.
• Communicate effectively, both orally and in writing to all level of associates and clients.
• Operating standard office equipment and using required software applications to produce documents such as reports, graphics, electronic communication, spreadsheets, and databases.
Ability to:
• Formulate new transaction proposals and respond to issuers’ requests for financing ideas.
• Analyze municipal issuer financial statements and outstanding debt.
• Develop the financial structure and document preparation related to the public issuance of municipal bonds.
• Multi-task and work on a fast-paced, team-oriented environment.
• Efficiently manage time and resources in order to overcome quantitative and analytical challenges as they arise.
• Establish and maintain effective working relationships at all levels of the organization.
• Work under stress created by time deadlines and work volume fluctuations.
• Prepare and deliver clear, effective and professional presentations.
• Communicate both orally and in writing, with all levels of the organization and external clients.
• Work independently as well as collaboratively within a team environment.
Educational/Previous Experience Requirements:
• Bachelor’s Degree (B.A.) and a minimum of one (1) year of experience in the financial services industry.
~or~
• Any equivalent combination of experience, education, and/or training as approved by Human Resources.
Licenses/Certifications:
• SIE required provided that an exemption or grandfathering cannot be applied.
• FINRA Series 7 and Series 63 or the ability to obtain within six (6) months of hire.
• Series 53 after twelve (12) months of hire.
Raymond James Guiding Behaviors
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
At Raymond James – we honor, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic self, our organization, clients and communities thrive, it is part of our part of our people-first culture. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Job Investment Banking
Primary Location US-NY-New York-New York City
Organization Public Finance
Schedule Full-time
Shift Day Job
Travel Yes, 15 % of the Time