Analyst

PFM•Philadelphia, PA

49d•Onsite

About The Position

This position is based in Philadelphia, PA and will require working in PFM's Center City, Philadelphia office 4-5 times per week. Authorization to work in the U.S. for any employer without visa sponsorship now or in the future, is a requirement for application. The Analyst will support PFM's Quantitative Strategies Group (the "QSG") assisting with investment of municipal bond transaction proceeds, municipal bond transactions, non-transactional client projects, financial modeling, and marketing / RFP support. PRACTICE OVERVIEW PFM’s Quantitative Strategies Group (the “QSG”) comprises a group of dedicated professionals whose mission is to develop proactive strategies and tools for all of PFM’s business practices. Using advanced financial analysis and commercial and proprietary software, the QSG develops customized solutions to meet the individual quantitative needs of all our clients. Our extensive quantitative capabilities allow us to provide services which address the full scope of strategic and operational considerations, ranging from capital financing strategies to bond structuring solutions, to strategic planning and budgeting. Proprietary and in-house developed tools, such as our Structural Optimization, Refunding Efficiency, Forward Pricing, Other Post-Employee Benefits, and Budget Projection Models, to name a few, assist us in achieving these objectives. ANALYSTS: PFM’S FOUNDATION FOR SUCCESS Our Analysts are a critical part of the project teams that serve our broad base of clients. Each role provides a solid foundation for a meaningful and growth-oriented career within the firm; many of our project managers and Managing Directors started their PFM careers as an Analyst. FIRM OVERVIEW PFM is a recognized national leader in providing financial and consulting advice to public sector, non-profit and other institutional entities. For more than fifty years, PFM has advised many of the country’s largest municipal and institutional entities including states, counties, municipalities, townships, boroughs, authorities, school districts, not-for-profit organizations, and pension funds. The firm has more than 350 employees located in every region of the country. PROFESSIONAL DEVELOPMENT | PFM offers one of the most comprehensive training programs in the financial industry. In 10-12 weeks of intense training, Analysts learn the financial, analytical, and modeling skills needed to thrive in their roles. Your career with PFM can grow based on your unique strengths, interests, and the firm’s ongoing needs. No matter the path you choose, you’ll receive an exceptional foundation of training, a collaborative and challenging work culture, and meaningful work that generates tangible benefits to the communities that PFM serves. COMPENSATION | In addition to paid training, Analysts are eligible to receive robust total rewards including generous flexible paid time off, tuition reimbursement, student loan repayment, performance-based bonuses, 401k retirement plan with employer match and annual profit-sharing opportunity, medical/dental/vision insurance, health and wellness benefits, and disability and life insurance. PFM not only supports work/life balance but also a challenging, diverse, and collaborative workplace, a formal mentorship program, volunteer opportunities, and much more. The anticipated base pay for this role is $69,500 annually. Actual compensation is influenced by a variety of factors including but not limited to skills, experience, qualifications, and geographic location. If you are ready to experience the challenge, satisfaction, and reward of an opportunity with PFM, please apply here, or refer a qualified candidate. PFM is not offering visa sponsorship for this position. PFM is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law. PFM maintains a drug-free workplace. If you need assistance or accommodation due to a disability at any time during the application or hiring process, contact [email protected] or call (215) 567-6100. Please note, this contact information is for accommodation requests only and should not be used for application status updates or other inquiries. Simply put, the advice we give our clients is concrete, meaningful and indispensable. So when you work for PFM, prepare to help change the world. Prepare to be a go-to person, one who sees things just a little bit differently. Prepare to feel great about what you do. Our experienced hires come from a variety of rich professional backgrounds—investment banking, civil service, public financing. We look for strong leaders with integrity who will enhance the culture of PFM. You will be expected to work hard, continually learn and develop, think proactively and provide your clients with service that is unmatched in its dedication to their needs. To support you, we’ll provide the best training and mentorship in the industry and give you opportunities for client responsibility and contact early and often. You’ll experience the thrill of delivering difficult work that is done well. You’ll network with colleagues all across the country, whose experience will stretch your own capabilities and reinforce your growing expertise. No matter your starting point with the firm, you’ll play an integral role in our success. To us, you are more than a valuable asset; you are part of the transformation.

Requirements

Authorization to work in the U.S. for any employer without sponsorship, now or in the future.
Bachelor’s degree from an accredited college or university
Compelling interest in building a career in public finance (ideally evidenced by related coursework, internships, or other transferable experience)
Willingness to submit to a quantitative aptitude assessment and background check
Passage of Municipal Securities Rulemaking Board (MSRB) exam for Series 50 certification within six months of training inception.

Responsibilities

Learn about the municipal finance industry and understand how macroeconomic events impact bond pricing.
Learn to use Excel and DBC Finance® software at a high level to analyze financial information and produce financing options for a broad range of municipal bond structures.
Manage debt portfolios and identify refinancing opportunities for existing financial advisory clients and key prospects, including primarily local governments, state governments and public agencies.
Analyze and produce detailed cash flows for client plans of finance and borrowing programs using sophisticated debt structuring alternatives & financing techniques.
Assist with creating rating agency scorecards for various industry sectors based on rating methodologies from the major credit rating agencies.
Prepare presentations for use in rating agency communication, client communication and marketing with a focus on quantitative elements supporting such work products.
Create and deliver presentations, reports and summaries that outline financial scenarios and recommendations to clients.
Contribute to the review of financial and legal documents for all transactions and projects to which you are assigned.
Assist project managers with assembling responses to Request for Proposals/Qualifications (RFPs/RFQs) for current and potential new clients.
Complete assignments in a timely manner and communicate assignment progress with internal staff on a regular basis.
Gain direct and meaningful exposure to a broad variety of clients and transactions across all the entities that PFM serves.