Municipal Research Analyst

Invesco Ltd. • Downers Grove, IL

11d • Hybrid

About The Position

Credit Analyst will perform fundamental credit analysis on issuers in the municipal bond market. Primary responsibilities include the development of fundamental credit opinions, assigning internal credit ratings, and establishing credit outlooks for individual municipal borrowers. The analyst will also be responsible for monitoring specific legislative, regulatory, economic, and fiscal developments related to the municipal market. Analyst is expected to actively maintain and communicate internal ratings and other risk assessments to the broader investment team. Coverage responsibilities would ideally reflect the strengths and professional background of the candidate.

Requirements

• Up to 8 years of related work experience in fixed-income credit analysis
• Knowledge of municipal credit analysis preferred
• Ability to cooperate in a team environment is critical
• Excellent analytical skills, with attention to detail and accuracy
• Excellent communication and interpersonal skills needed to effectively share knowledge and opinions with the broader investment team
• Ability to make decisions and recommendations despite incomplete information, sometimes under stressful conditions
• Open minded, flexible and willing to listen for other people’s opinions
• Must exhibit appropriate software knowledge of Windows-based applications, with expertise in Excel, PowerPoint, and Word
• Experience with Bloomberg a plus
• Bachelor’s degree in Finance, Economics or related field

Nice To Haves

• MBA and/or CFA designation is preferred

Responsibilities

• Identify, assume and manage credit risks and work effectively with investment team members
• Analyze multiple sectors and issuers within the municipal bond market
• Produce well researched, concise reports for investment professionals
• Maintain appropriate and required documentation in database supporting internal credit opinions
• Actively recommend changes to issuer-specific credit ratings and outlooks
• Communicate effectively with broader investment team
• Develop relationships with underwriters, sell-side research, credit rating agencies, professionals of municipal bond issuers and industry organizations
• Perform special projects, including AI-related projects, as required by the broader credit team

Benefits

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan

What This Job Offers

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