MSIM - Municipal Research - Analyst

Primary Responsibilities

• Support senior analysts by conducting issuer-level municipal credit research, including analysis of financial performance, operating trends, security structure, and sector-specific risks.
• Collect, maintain, and analyze financial, market, and statistical data to support fundamental credit research and relative value analysis.
• Develop quantitative models, data tools, and AI-enabled workflows that improve research efficiency, surveillance quality, and the broader team’s analytical capabilities.
• Maintain surveillance of assigned credits through review of periodic financial reporting, news sources, peer comparisons, external research, and communication with market participants or issuer management teams.
• Write clear credit surveillance reports, present findings to colleagues, and develop trade ideas or investment recommendations with guidance from senior analysts.
• Support Senior Analysts on sector reviews, issuer deep dives, portfolio surveillance, and other research projects as needed.

Job Requirements

• Bachelor’s degree required with a strong academic record; relevant experience or demonstrated interest in investment research, municipal finance, or credit analysis preferred.
• Strong Excel and quantitative skills required; experience with Python, SQL, R, data visualization, or AI-enabled research tools preferred.
• Strong written and verbal communication skills, with the ability to synthesize complex issuer information into concise, actionable investment views.
• Intellectual curiosity, sound credit judgment, attention to detail, and the ability to think critically and creatively.
• Ability to work independently and collaboratively in a fast-paced investment environment, with flexibility to support multiple analysts, sectors, and priorities.
• Commitment to continued professional development; progress toward the CFA designation or graduate business study is preferred.

What You Can Expect From Morgan Stanley

• Raise, manage, and allocate capital for clients – helping them reach their goals.
• Work alongside the best and the brightest in a supportive and empowering environment.
• Offer competitive compensation and comprehensive benefits, including employee perks and programs.
• Support employees and their families throughout their work-life journey.
• Provide ample opportunity for career growth and advancement within the company.