Morgan Stanley-posted 1 day ago
Full-time • Mid Level
New York, NY
5,001-10,000 employees

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. Morgan Stanley aligns its municipal investment banking, underwriting, sales, trading, lending, and M&A advisory in one integrated organizational group under the umbrella of the Municipal Securities Division. Background on the Team Within Municipal Securities, the Syndicate / Debt Capital Markets team is made up of a group of experienced municipal market professionals focused on providing exceptional marketing and execution services to the full complement of our clients. Within this multi-faceted group, the Associate will concentrate on the marketing of municipal new issue to both clients and internal stakeholders to broaden distribution and enhance connectivity with the universe of municipal investors. The role will also focus on designing and implementing innovative data-driven approaches needed to support new issue structures/pricing levels and track investor feedback ahead of transaction executions. Qualified Associate candidates will benefit from unique exposure to the municipal market through underwriting and structuring activities. These include the marketing and execution of municipal new issue deals. Qualified candidates will work with Public Finance investment bankers, internal risk functions, municipal issuers, investors, sales, trading, and other capital markets professionals.

  • Provide the analytical, quantitative and operational support necessary to execute bespoke financing structures
  • Develop and maintain marketing materials for existing and new product offerings that appropriately reflect current marketing conditions
  • Work closely with Public Finance bankers and the salesforce force to identify both client needs and design structures to meet those needs
  • Develop and participate in presentations to municipal and not-for-profit borrowers, as well as domestic and international institutional investors
  • Work and collaborate with other syndicate desks at Morgan Stanley and externally
  • Undergraduate degree
  • Developed understanding of the municipal market
  • Experience in municipal public finance, debt capital markets or another applicable structured finance/fixed income role
  • Strong analytical and quantitative skills with advanced proficiency in Microsoft Excel and PowerPoint
  • Excellent communication and presentation skills – written and verbal
  • Curious, inquisitive, collaborative, attention to detail, analytical, self-starting, team-oriented
  • Eager to use new technologies to enhance traditional municipal syndicate job functions
  • Ability to perform in a fast-paced, dynamic environment and simultaneously manage multiple high priority projects
  • Experience with programming languages such as Python or VBA are a plus
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