Managing Director of Public Finance

Southstate Bank • Memphis, TN

10h • 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 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
• Able to prepare documents and compose business letters and memorandums
• Good knowledge of business English, spelling and punctuation
• 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
• Ability to effectively prioritize team responsibilities and manage multiple tasks in a changing environment within tight deadlines on an ongoing basis
• Strong communication skills characterized by excellent writing and speaking skills
• Proficient with general office machines and programs to include Microsoft Office Word, Excel, Outlook, and other software that might be utilized in the department
• Well-organized, accurate, and attentive to detail
• Basic English language skills to write and speak clearly, and effectively with coworkers and customers

Nice To Haves

• 5+ years Public Finance Banking experience

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

Benefits

• Building trust
• Fostering lasting relationships
• Pursuing excellence
• Individual contributions are recognized
• Potential is cultivated
• Team members are inspired to achieve their greater purpose
• Required annual compliance training
• New Employee Orientation
• Obtain and/or maintain applicable securities licenses (FINRA Series 7 or Series 52, Series 63, and SIE)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager