Managing Director of Public Finance

SouthState Bank•Memphis, TN

1d•Onsite

About The Position

The Managing Director of Public Finance is responsible for taking ownership of all tasks and challenges encountered in the operation of their assigned position. This role involves providing financial solutions for a broad range of tax-exempt issues for both private and public entities. Key functions include collaborating closely with state, county, and municipal issuers to tailor financing structures to their specific objectives, including negotiated transactions that deliver high levels of liquidity at competitive rates.

Requirements

Bachelor’s degree in business, economics, finance, or related field
5+ years Public Finance Banking experience preferred
Strong understanding of macroeconomics and fixed income markets
Proficiency with Munex Public Finance or similar software
Strong knowledge of personal computer, Microsoft Office and other software used in department
Must be able to prepare documents and compose business letters and memorandums
Must have good knowledge of business English, spelling and punctuation
Requires knowledge of office practices, procedures, and general office machines
SIE, Series 7 or Series 52, and Series 63 exams required or the successful completion of these exams within 90 days of hire
Required annual compliance training
New Employee Orientation
Obtain and/or maintain applicable securities licenses (FINRA Series 7 or Series 52, Series 63, and SIE)

Nice To Haves

Ability to effectively prioritize team responsibilities and manage multiple tasks in a changing environment within tight deadlines on an ongoing basis
Must have strong communication skills characterized by excellent writing and speaking skills
Proficiency with Munex Public Finance or similar software
Proficient with general office machines and programs to include Microsoft Office Word, Excel, Outlook, and other software that might be utilized in the department
Must be well-organized, accurate, and attentive to detail
Must have good knowledge of business English, including spelling and punctuation
Must possess basic English language skills to write and speak clearly, and effectively with coworkers and customers

Responsibilities

Create, build, and maintain relationships with municipal issuers, its officers, and other stakeholders
Review structure, timing and other similar matters regarding potential issuance of bonds with potential municipal issuers
Work with legal and advisory firms to create disclosures and other documents for potential issuance
Work with the underwriting desk to price and successfully deliver new issuance to market and to successfully refund existing municipal debt at current market levels
Work with legal and advisory firms to close new issues
Use available resources to analyze issuers’ existing debt to identify refinancing opportunities
Structure new debt transactions
Review all legal documents for accuracy
Maintain compliance with MSRB, FINRA, and SEC regulations
Manage select associates and assist them in their continued development
Ensure that the Bank’s policies and procedures, code of conduct, and regulatory guidelines are strictly complied with
Provide assistance to other employees through healthy and positive interactions
Be involved in performing marketing endeavors/efforts
Continuously update skills by participating in professional training
Seek opportunities to improve skills through cross-training offered by the Bank
All other tasks, responsibilities or duties, as directed by management