Municipals Analyst
abrdn plc - New York City, NY
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Job DescriptionRole Purpose:Supporting senior portfolio managers, the role holder will provide credit analysis and associated key credit information on the status of a large Municipal portfolio within three Municipal strategies and other SMA accounts which contain taxable municipal securities. There will be a requirement for the role holder to travel 20 to 30% of the time, including to other abrdn offices in the Northeast.Base salary range $121,500 - $170,000Key Outcomes Responsibilities:Municipal credit analyst experience, ideally from a buy-side assetmanagement firm, a rating agency or bond insurerApproach credit analysis with a systematic approach that incorporates a financial, accounting, geopolitical, and business economics understanding of issuers and industriesAnalyze and understand covenants in context of issuer's financial and business situationBuild financial models of issuers including projections and level of detail appropriate to the risk of a given issuerRecommend appropriate action (buy, sell, hold, swap, pass) on specific creditsIdentify and assess downside risk as well as upside opportunitiesMonitor specific issuer and industry developments on an on-going basisHelp identify trends within or between industries and specific issues that may be exploited on a systematic basis from a portfolio point of viewUnderstand and identify relative value within and across credits and sectorsEngage with the firm's other credit analysts, traders, and portfolio managers to facilitate a timely and effective investment-relevant flow of informationEngage with outside sales coverage, traders, and analysts in effort to gain a perspective on particular credits or trends. Ask effective questions and identify strengths and potential flaws in outside analysis.Engage with and develop constructive relationships with management teams and other industry participants that help increase credit specific and sector knowledgeRole Specific Skills and Knowledge:Strong organizational skillsExperience of working both independently and in a team-oriented, collaborative environment is critical.The ability to demonstrate tenacity and aim for positive results while optimally managing key relationships.Strong team building skills and an overall "can do" attitude is crucialKnowledge of Bloomberg terminal and functionsQualifications:A bachelor's degree in business administration with a concentration in finance or economics or a pre-law degree is preferred3-7 years of municipal credit analyst experienceA CFA or work towards the certification is desirableAn MBA is not required, but is desirableWe are an affirmative action - equal opportunity employer. We're committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense - this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.
Created: 2025-02-17