Associate, Public Finance - Req. 1901551
*Office located in Century City Area, Los Angeles, California*
Under general direction with a high level of autonomy, uses extensive knowledge and skills obtained through education and experience, to perform analytical evaluations, client/deal management, new business functions, and may begin to develop important new business responsibilities as part of a Public Finance team. May serve as the top second or third person on relationships with important clients, or as the key contact. Extensive contact with clients is required for client coverage and building or maintaining client relationships. Leads major projects, programs or processes with significant business impact involving cross-functional teams. Influences strategic direction and develops tactical plans and completes complex assignments with substantial latitude for unreviewed actions or decisions. Provides comprehensive solutions to complex problems or needs. End results are evaluated for achieving goals and objectives.
Essential Duties and Responsibilities:
• Provides assistance to senior associates and investment bankers for public finance transactions related to financing needs of local governmental and not-for-profit entities.
• Provides of deal/client management, including preparation and presentation of analytics to staff and board members.
• Interacts with credit rating and enhancement community.
• Provides comprehensive solutions to client’s problems or needs.
• Coordinates with bond counsel and other members of client’s legal team.
• Assists with the development of new business through planning and implementation of a calling plan as part of public finance team.
• Assists in completing financing tasks related to executing transactions.
• May be assigned specific new business targets/transactions or revenue generation goals.
• Performs other duties and responsibilities as assigned.
Knowledge, Skills, and Abilities:
•Fixed income procedures and regulatory requirements.
•Advanced financial concepts, practices, and procedures used within the securities industry.
•Local governmental and not-for-profit issuers of debt.
•Financial Markets and Products.
•Basic business case analysis.
•Quantitative financial analysis and data modeling.
•Operating standard office equipment and using required software applications to produce documents such as reports, graphics, electronic communication, spreadsheets, and databases.
•Organization sufficient to handle multiple tasks simultaneously in a fast-paced environment.
•Qualitative and Quantitative analysis sufficient to make recommendations and reach conclusions.
•Advanced math and analytical calculations and formulas.
•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.
Educational/Previous Experience Requirements:
•Bachelor’s Degree (B.A.) in Finance or related field and public finance experience.
•Experience using municipal bond math software such as DBC, Munex, or similar.
•Any equivalent combination of education, experience and/or training as approved by Human Resources
•FINRA Series 7 (or FINRA Series 52) required
•FINRA Series 63 required