Municipal Research Analyst - MSIM - Analyst

Morgan Stanley • Boston, MA

3d • $90,000 - $175,000

About The Position

Overview: Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 1,100 investment professionals around the world and $1.6 trillion in assets under management or supervision as of December 31, 2021. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. Basic Purpose: Provides research and analytical support to Municipal Credit Analysts and Portfolio Managers. Work closely with Senior Analysts to research new investment ideas and help monitor existing investments in assigned market sectors. The Research Professional is expected to develop independence as their experience and skill related to assigned responsibilities dictates. Over time, the Research Professional should be able to offer independent analysis and recommendations on specific investments and be a significant contributor to the Municipal team’s investment decision making process. At the end of the 3 year program, and based on performance, a candidate may be offered a permanent position as a Research Associate.

Requirements

• Bachelor’s degree required with a strong academic record.
• Extremely strong Excel skills, quantitative skills (Python, SQL or R preferred) a plus.
• Encouraged to enroll in CFA Program.
• Excellent verbal, written and interpersonal communication skills are essential.
• Ability to work well independently and as a member of a team—including the ability to be flexible and adaptable.
• May plan to attend Business School in 3 – 5 years.

Nice To Haves

• Relevant experience or demonstrated interest in investment analysis a plus.

Responsibilities

• Support senior analysts by conducting research and analysis on individual municipal issuers that will focus on the credit fundamentals and structure of particular securities.
• Collect, maintain and analyze financial and statistical data and develop quantitative models to support fundamental research.
• Develop quantitative models to support fundamental research by collecting, maintaining and analyzing financial and statistical data.
• Maintain surveillance of assigned credits through evaluation of periodic financial reporting, monitoring various news sources and communication with peer group professionals, external industry analysts, and management teams.
• Write credit surveillance reports and present analysis to colleagues. Recommend trade ideas based on relative value analysis with guidance from senior analysts.
• Create spreadsheets and macros to pull data from multiple spreadsheets and databases into unified reports.
• Work on relevant projects for Senior Analysts as appropriate.

What This Job Offers

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