About The Position

Morgan Stanley's Fixed Income Division, specifically the Municipal Securities Division, is seeking an Analyst/Associate for the Syndicate/Client Financing team in New York. This role focuses on the marketing of municipal new issues to clients and internal stakeholders to expand distribution and improve connectivity with municipal investors. The position will also involve designing and implementing data-driven approaches to support new issue structures, pricing, and track investor feedback. Qualified candidates will gain exposure to underwriting, market making, and structuring activities within the municipal market, collaborating with Public Finance investment bankers, risk functions, issuers, investors, sales, and trading professionals.

Requirements

  • Undergraduate degree
  • Developed understanding of municipal markets.
  • Experience in municipal public finance, debt capital markets, or another applicable structured finance/fixed income role.
  • Strong analytical and quantitative skills.
  • 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.
  • Ability to perform in a fast-paced, dynamic environment and simultaneously manage multiple high-priority projects.

Nice To Haves

  • Experience with programming languages such as Python or VBA.
  • Eager to use new technologies, data and automation to enhance traditional municipal syndicate and financing job functions.

Responsibilities

  • Provide analytical, quantitative, and operational support for executing bespoke financing structures.
  • Develop and maintain marketing materials for existing and new product offerings, reflecting current market conditions and technicals.
  • Collaborate with Public Finance bankers and the salesforce to identify client needs and design appropriate structures.
  • 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 desks and market makers, both internally and externally, to support trading activities, including short-term and long-term products.

Benefits

  • Comprehensive employee benefits and perks in the industry.
  • Opportunity to work alongside the best and the brightest.
  • Supportive and empowering environment.
  • Ample opportunity to move about the business.
  • Relocation assistance (implied by global offices and diverse workforce, but not explicitly stated as a benefit for this role).
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