Prudential Financial · 1 week ago
Principal, Senior Municipal Finance Credit Analyst (Hybrid/Newark, NJ)
Newark, NJ
Full-time
Hybrid
Senior Level, Lead/Staff
$220K/yr - $230K/yr
10+ years expPrudential Financial is a global asset management firm committed to improving financial services and making a meaningful impact. The Senior Municipal Finance Credit Analyst will manage high-grade and high-yield municipal bonds, providing underwriting and credit decisions while collaborating with portfolio management teams to optimize investment strategies.
Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement
Responsibilities
Covering one or more municipal sectors with a concentration in high yield
Pitching detailed investment recommendations to tax-exempt and taxable portfolio managers
Monitoring opportunities through daily interactions with portfolio managers, Wall Street counterparties and the broader investment team
Building and maintaining financial models
Documenting both new issue and secondary research and producing sector-based thematic reports
Analyzing the impact of federal and state policy changes on covered municipal sectors
Collaborating with other areas of the firm, including the corporate credit team
Mentoring junior analysts
Qualification
Required
Ten or more years of credit analysis experience in public finance, preferably at a buy side or sell side firm
Experience and demonstrated success with high-yield municipal sectors, including workout experience
Strong bottom-up credit fundamental analysis and financial modeling skills
Excellent communication skills and ability to write clearly and concisely
Bachelor's degree required
Preferred
Experience with corporate credit and commercial real estate preferred, but not necessary
MBA or CFA preferred
Strong understanding and demonstrated interest in statistics, economics and global fixed income
Strong background in global fixed income products and relative value investing
Experience with Bloomberg
Familiarity with BQuant and Python programming language preferred
Benefits
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
Company
Prudential Financial
Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial.
10001+ employees
H1B Sponsorship
Prudential Financial has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.25BKey Investors
AM Best
2025-03-13Post Ipo Debt· $750M
2024-02-14Post Ipo Debt· $500M
2001-12-13IPO
Leadership Team
Andrew Sullivan
Chief Executive Officer
Yanela Frias
Executive Vice President & Chief Financial Officer
Recent News
2026-01-03
MarketScreener
2025-12-18
Company data provided by crunchbase