Public Finance Analyst - National Housing Group (New York)

Raymond James•New York, NY

1d•$70,000 - $105,000•Onsite

About The Position

Under immediate supervision, performs routine work of the department using specialized knowledge and skills obtained through education, experience and/or specialized training to perform analytical and related assignments in support of Senior Investment Bankers and clients in Affordable Housing. Responsible for thorough analysis of projects, preparing cash flow analyses, obtaining bond ratings and/or bond insurance, assisting in the preparation of the Official Statement and other documents related to the offering, preparing Request For Proposals (RFP’s) and client presentations, as well as research related to existing and prospective clients. Orchestrates the bond issuance process and provides advice and assistance in offering the bonds to investors. May be responsible for complete project or specific aspects of it, depending on the complexity and the level of involvement. As associates (analysts) gain experience, they are expected to increase their capacity to process a larger portion to a given transaction. Guidance is provided to perform varied work that is difficult in nature requiring evaluation, originality and ingenuity to make moderately complex decisions.

Requirements

Knowledge of Fundamental fixed-income bond math / investment concepts, practices and procedures used in the securities industry.
Fixed Income procedures, regulatory requirements, transactions and client relationships.
Financial Markets and Products.
Basic business case analysis.
Quantitative financial analysis and data modeling.
Excellent analytical, critical thinking and problem solving skills sufficient to recognize and detect errors and offer resolution.
Communicate effectively, both orally and in writing to all level of associates and clients.
Operating standard office equipment and using required software applications to produce documents such as reports, graphics, electronic communication, spreadsheets, and databases.
Formulate new transaction proposals and respond to issuers’ requests for financing ideas.
Analyze municipal issuer financial statements and outstanding debt.
Develop the financial structure and document preparation related to the public issuance of municipal bonds.
Multi-task and work on a fast-paced, team-oriented environment.
Efficiently manage time and resources in order to overcome quantitative and analytical challenges as they arise.
Establish and maintain effective working relationships at all levels of the organization.
Work under stress created by time deadlines and work volume fluctuations.
Prepare and deliver clear, effective and professional presentations.
Communicate both orally and in writing, with all levels of the organization and external clients.
Work independently as well as collaboratively within a team environment.
Bachelor’s Degree (B.S. or B.A).
A minimum of one (1) year of experience in the financial services industry is preferred.
OR ~ Any equivalent combination of experience, education, and/or training as approved by Human Resources.
SIE required provided that an exemption or grandfathering cannot be applied.
FINRA Series 7 and Series 63 or the ability to obtain within six (6) months of hire.
Series 53 after twelve (12) months of hire.

Responsibilities

Analyzes the overall debt profile of the assigned clients, on a continued basis.
Provides Senior Investment Bankers with new financing ideas and analysis for specific municipal issuers across the United States.
Completes complex spreadsheet financial models.
Analyzes printed and electronic financial information about assigned clients to keep Senior Investment Bankers informed about significant developments.
Formulates new transaction proposals.
Develops financial analysis during the issuance of municipal bonds including revenue models, running the numbers, debt profiles and the analysis of refinancing and cash flow.
Prepares client pitch books and responds to RFPs.
Creates and presents marketing and sales materials.
Opportunity for interaction with clients.
Assists in the reviewing of bond documents and other documents related to the closing bond transaction.
Coordinates the printing and delivery of bond documents.
Performs other duties and responsibilities as assigned.