Raymond James Financial, Inc

Senior Municipal Credit Analyst

Raymond James Financial, Inc$130K — $175K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 7 years of relevant municipal credit analysis experience
  • Undergraduate degree required; MBA, CPA, or CFA preferred
  • Strong working knowledge of the municipal bond market
  • Expertise in multiple municipal sectors like tax-backed and utility
  • Proficient with Bloomberg, Word, Excel, and PowerPoint
  • Must possess or obtain Series 52 and 63 licenses

Responsibilities

  • Monitor and analyze issuer credit quality
  • Assess market conditions and regulatory changes affecting the municipal sector
  • Produce written materials on market-impacting sectors or events
  • Provide feedback to sales and trading teams
  • Deliver credit and structuring insights for public finance and RFPs
  • Develop relationships with issuer and investor communities

Benefits

  • Comprehensive health benefits including medical, dental, and vision
  • Life insurance and critical illness coverage
  • Retirement savings plan
  • Paid time off including vacation, holidays, and sick leave
  • Parental leave
Full Job Description
Job Description Summary
Candidate will analyze municipal credits across various sectors and across the credit spectrum in support of the firm's public finance banking, sales, underwriting, and trading teams. In the primary market, the candidate will support the public finance bankers in multiple ways, including attending issuer meetings, soliciting investor feedback, providing credit notes to the sales team on select credits, and serving on the firm's Commitment Committee. The candidate will also support the sales and trading teams with credit support on secondary market trades. The candidate will be in the firm's New York City office, although another office location could be considered. This is a full-time position.

Job Description

Essential Duties and Responsibilities:
  • Monitor and analyze issuer credit quality
  • Monitor and assess general market conditions as well as legislative and regulatory changes that affect the municipal market
  • Ability to produce periodic written material on certain sectors or events that impact the municipal bond market
  • Provide client-related feedback to sales and trading
  • Provide credit and structuring insights to the public finance team and assist with RFP responses, oral presentations, and relationship development
  • Develop relationships across the fixed income platform, including with the issuer and investor communities


Knowledge, Skills, and Abilities:
  • Candidate must have relevant fundamental credit analysis experience and strong working knowledge of the municipal bond market landscape
  • Expertise in - or ability to pick up knowledge in - various sectors, such as tax-backed, utility, airport, pre-paid gas, and housing
  • Ability to work in a fast-paced, deadline-driven environment
  • Ability to work independently as well as with a team
  • Strong organizational skills
  • Ability to prioritize and multi-task
  • Ability to remain flexible with changing priorities
  • Must be confident and comfortable interacting with sales, trading, banking, as well as institutional and issuer clients
  • Strong written and verbal communication skills
  • Must be willing and able to travel to visit clients and to participate in public speaking engagements
  • Must be able to provide writing samples


Educational/Previous Experience Requirements:
  • Ideal candidate will have a minimum of seven years of relevant municipal credit analysis experience
  • Undergraduate degree required - MBA, CPA, or CFA is preferred
  • Competency with Bloomberg, Word, Excel, and Power Point


Licenses/Certifications:
  • Must have Series 52 and 63 licenses, or be willing to obtain them shortly after employment


DISCLAIMER
The preceding job description has been designed to indicate the general nature of work performed; the level of knowledge and skills typically required; and usual working conditions of this position. It is not designed to contain, or be interpreted as, a comprehensive listing of all requirements or responsibilities that may be required by employees in this position. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education
Bachelor's (Required)

Work Experience
General Experience - 6 to 10 years

Certifications
Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Salary Range
$130,000.00-$175,000.00

Travel
Less than 25%

Workstyle
Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ

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