Jobs via eFinancialCareers ยท 1 day ago
Credit Research Analyst, Municipals - PIMCO
Newport Beach, CA
Full-time
Onsite
Senior Level
$187K/yr - $305K/yr
5+ years expPIMCO is a global leader in active fixed income with deep expertise across public and private markets. They are seeking a Municipal Credit Research Analyst to support the firm's growth of tax-exempt assets under management, working closely with Portfolio Managers and other analysts to provide detailed investment recommendations and credit opinions.
Financial Services
Responsibilities
Assume coverage and responsibility for one or more defined sectors within U.S. public finance with a concentration on HY asset classes
Build financial projections with a focus on debt sustainability and develop independent credit opinions for related coverage field Analyze political conditions and the impact on credit fundamentals
Report and analyze potential changes in the tax policies and accounting treatment of municipal issuers
Provide detailed investment recommendations to tax-exempt and taxable portfolio managers
Proactively develop and communicate investment ideas with portfolio managers
Produce written reports and presentations as needed
Interact with clients or client service professionals as required
Work with other areas of the firm, including corporate credit analysts, to source cross-asset class investment ideas
Qualification
Required
Must have 5-15 years of relevant Public Finance credit analysis experience. Budget, credit or finance work at a buy side/sell side firm, federal agency, major state or municipal treasurer office required
Strong prior experience in Muni high yield asset classes and experience in either municipal or corporate distressed situations
Deep understanding of global fixed income products, including tax-exempt and taxable products
Strong understanding of fixed income math with a background in statistics or economics
Prowess to make judgments regarding credit, risk, and valuation
Market knowledge that allows the analyst to resolve the appropriate depth of analysis required for individual credits
Experience handling tasks with minimal direction and an ability to make preliminary decisions in a short time frame with incomplete information
Good communicator; strong written and oral presentation abilities. Needs to be persuasive and credible
Appreciates seeing one's investment ideas added to investment portfolios and enjoys credit analysis as a long-term career
Preferred
Exposure to the following sectors a plus: MSA/tobacco, dirt deals, assisted living/skilled nursing/CCRC, student housing, charter schools and retail oriented
Strong academic credentials and achievement; MBA/JD/CFA preferred
Benefits
Medical, dental and vision coverage from your first day of employment.
401k Savings and Retirement Plan
Work/Life Programs such as Flexible Work Arrangements, Parental Leave & Support, Employee Assistance Plan, and Educational/CFA Certification Reimbursement Programs
Community involvement opportunities with The PIMCO Foundation in each PIMCO office
Company
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201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase