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Fixed Income Municipal Analyst

Job ID WMS-16256 City New York State New York Additional Location Chicago , Illinois - Los Angeles , California Exempt/Non Exempt Exempt Shift Day Work Schedule M-F, 8-5
Job Details:
FIXED INCOME ANALYST


WHAT IS THE OPPORTUNITY?

Assess the creditworthiness and risk profile of Investment Grade and High Yield Corporate or Municipal issuers by conducting thorough credit research on current holdings, as well as trade idea generation for future security selection. Report on trends in all sectors of the taxable/tax-exempt markets, and provide relative value recommendations accordingly. Communicate credit trends within sectors and individual issuers. For taxable analysts, particular attention is given to the analysis and understanding of issuers and on-going regulatory changes in the financial sector as the financial sector makes up a significant portion of Investment Grade Issuance and outstanding supply. Provide due diligence and risk assessment of assets to be held in fixed income mutual bond funds as well as separately managed accounts.


Wealth Management Division: City National Rochdale
As a member of City National Rochdale, the company's Wealth Management group, you will provide white-glove service focused on intelligently personalized portfolio management for high-net-worth individuals, families, and institutions. For 30 years, City National Rochdale has helped clients achieve their goals, operating as a nimble, responsive, local boutique investment firm.


WHAT WILL YOU DO?

  • Corporate/Municipal Credit Analysis. Analyze the overall financial strength and repayment ability of individual fixed-income issuers (e.g., corporations, agencies, municipalities, etc.) and on the specific features/covenants of individual bonds.
  • Research and communicate global, country and regional changes in the corporate, political and economic environment.
  • Actively seek out relative value swaps or new issuer purchases which are expected provide better risk adjusted returns than current holdings.


WHAT DO YOU NEED TO SUCCEED

Must-Have*

  • Bachelor's Degree
  • Minimum 3 years’ experience fixed income research
  • Minimum 3 years investment experience
  • FINRA Series 7 and 66 securities


Skills and Knowledge

  • CFA/MBA – preferred or in progress
  • Strong expertise in fundamental fixed income research
  • Strong interpersonal skills
  • Excellent communication skills both verbal and written
  • Experience presenting to clients
Compensation
Starting base salary: $87,027 - $138,965 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.


*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.


INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.


ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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