Associate II, Public Finance

First National Bank•West Des Moines, IA

10d•$65,000 - $85,000•Onsite

About The Position

Serve as a key member of the Public Finance investment banking group, leading deal analytics and supporting disclosure and offering documents while acting as a key contact for internal and external stakeholders. The role supports the Public Finance team’s business development, transaction execution, strategic planning, and compliance activities. The incumbent must comply with applicable industry, market, organizational, legal, regulatory, and ethical requirements, including FINRA and SEC rules and Northland’s Anti-Money Laundering and USA Patriot Act obligations. The position works with issuers, counsel, rating agencies, credit enhancers, bankers, and Northland management. It includes researching market and issuer data, analyzing financing and refunding alternatives, preparing proposals and transaction materials, coordinating deal files and closings, and supporting business development. The role is anticipated to be onsite at the posted location; work location may change based on business needs.

Requirements

Experience in Public Finance is required.
Three or more years in an Accounting, Finance, or Investments role.
General understanding of credit- and finance-related concepts.
Detail-oriented.
Proficient in the Microsoft Office suite.
Strong communication and presentation skills.
Achieve or maintain Series 50, 52, and 63 and SIE examinations/licenses.
Unrestricted work authorization without a need for future sponsorship.
Meet applicable FINRA registration qualifications and ongoing regulatory requirements, including acceptable background investigation, credit report, and fingerprinting results.

Nice To Haves

Bachelor’s degree in Accounting and/or Finance preferred.

Responsibilities

Develop the ability to execute Public Finance work, including understanding its business, markets, sectors, requirements, regulations, analytic structures, and processes.
Obtain and summarize market data to identify and analyze trends and opportunities across markets, products, services, sectors, issuance types, underwriting, and Public Finance structures.
Develop an understanding of Northland’s strategic vision and participate in assessing strengths, weaknesses, opportunities, threats, and gaps.
Assist with entering new markets and introducing products, and provide recommendations to the manager to improve departmental effectiveness and strategic planning.
Contribute to and support defined strategies, revenue targets, goals, objectives, and activities for the individual, Public Finance, and Capital Markets.
Provide ongoing analytical support to the Public Finance team, including creating and reviewing offering and closing documents and serving as an internal and external liaison.
Learn applicable data systems and use them to support debt structuring.
Research outstanding debt for targeted issuers and identify and run potential refunding scenarios.
Run financing-structure alternatives for prospects and clients as requested.
Assist with business development, identify prospects for Public Finance bankers, conduct appropriate follow-ups, and make initial contact with targeted issuers to arrange introductory meetings.
Assist with financing proposals, presentations, pitch books, and one-pagers, and participate in presentations to prospects.
Identify, register for, and attend applicable trade shows.
Support internal deal processing, including engagement committee processes, credit analysis, and sales bulletin preparation.
Coordinate file documentation and closings.
Develop working relationships with issuers, counsel, rating agencies, and credit enhancers to serve as an effective Northland Public Finance liaison.
Develop reporting tools to communicate general Public Finance activities, including business development, to Northland management.
Understand and follow Northland policies, applicable laws, FINRA and SEC regulations, and compliance requirements; complete compliance continuing education and maintain awareness of the Capital Markets regulatory environment.
Ensure business development materials and process documents adhere to compliance requirements, report issues or violations according to Northland compliance standards, and meet responsibilities related to Anti-Money Laundering and the USA Patriot Act.
Exhibit professional behavior, promote positive working relationships, support colleagues, and pursue personal and professional development, including identifying relevant training opportunities.
Practice Northland values and support its goals and strategic plan.
Complete assigned special projects within the allotted time and make continuous best efforts to fulfill assigned work ethically.