Sr. Director, Municipal Research Analyst

TIAA • Chicago, IL

3d • $136,000 - $190,000

About The Position

The Sr. Director-Municipal Research Analyst job is considered a subject matter expert in credit research on municipal bond credit. The Analyst is fluent at analyzing credit quality of muni issuers such as state and local governments, not-for-profit organizations, and other types of muni issuers. Working independently, this job analyzes financial documents, conducts industry and competitive analysis, and prepares reports related to municipal bond credit. This job contributes to the overall success of Municipal Research team and stays current on industry trends to provide detailed credit analysis and sector views. The job also advises and mentors more junior analysts on municipal credit analysis.

Requirements

• Minimum of 5+ years of municipal credit research experience.
• Strong analytical skills and exceptional problem recognition and resolution skills.
• Advanced mathematical, financial statement analysis, and accounting skills.
• Excellent communication skills (oral and written).
• Ability to work within a team, as well as complete projects independently.

Nice To Haves

• 7+ years of municipal credit research experience.
• Master’s degree or CFA.
• Advanced skills with Microsoft Excel, computer coding skills and knowledge of Python.
• Knowledge of Creditscope and Bloomberg is a plus.

Responsibilities

• Conducts and reviews fundamental credit research and relative value analysis on complex municipal issuers and develops written and oral reports articulating and supporting credit opinions. Research may include quantitative analysis, as well as cash flow and average life modeling.
• Conducts and guides sector research and is up to date on sector trends impacting muni credit.
• Conveys credit opinions to the portfolio management teams through written reports and presentations.
• Leads and participates in team-wide projects and initiatives, including but not limited to data and technology focused projects
• Attends and may speak at industry conferences.
• Conducts site visits as necessary.
• Uses and incorporates new technology, data management, and analytical tools to complete municipal research initiatives
• Collaborates with management on improvements to research and development procedures and techniques, as well as best practices.

Benefits

• The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees