Municipal Bond Credit Analyst/Portfolio Manager

Job Responsibilities

• Execute fixed income trades across multiple fixed income trading platforms including but not limited to Fidelity, Altruist, Schwab, BondNav, iCAP, Bloomberg, and Tradeweb.
• Ongoing security valuations for various fixed income sectors prior to purchase to ensure compliance with Best Price and Execution.
• Compile trade execution materials daily for settlement and record keeping.
• Manage custodian electronic fixed income trading platforms.
• Provide fixed income support to Investment Advisors regarding fixed income strategies, fixed income investments, as well as the key trading differences across the different custodian platforms.
• Manage approve broker list.
• Provide additional oversight and due diligence of external fixed income managers in combination with the Manager Research Working Group.
• Participate in fixed income external fund managers due diligence calls and meetings.
• Aid in the best execution process.
• Manage the trade order system as well as the fixed income automatic reinvestment program of matured bonds.
• Due diligence of municipal and corporate issuers. Reviewing and analyzing potential issuers for purchase across our fixed income buy lists.
• Maintain and monitor municipal and corporate issuer buy list.
• Construct individual fixed income security portfolios including cash management, municipal and short/intermediate duration taxable bond portfolios for clients/investment advisors.
• Facilitate trade resolutions between custodians/operations and brokers.
• Manage daily municipal bond trading across client portfolios.
• Manage automatic reinvestment list while updating new orders on an ongoing basis.
• Monitor trade order screens to ensure timely execution of Investment Advisor trade orders.
• Actively construct municipal bond portfolios.
• Develop and maintain municipal bond strategies across SMA accounts.
• Strong credit experience.
• Update and maintain the municipal bond approved buy list.
• Maintain and monitor all credits on the list.
• Work knowledge of trading on various custodian fixed income trading platforms as well as Bloomberg and Tradeweb.
• Strong and existing knowledge/understanding of the municipal bond market and geographic locations.
• Strong understanding of municipal bond valuations across different bond structures.
• Construct sample portfolios for prospects.
• Aid Investment Advisors with municipal bond inquiries and client-related questions.
• Communicate municipal bond investing risks.
• Serve as the municipal bond expert within the organization.
• Contribute to market and economic commentary while staying on top of current trends.
• Assigned additional duties as deemed necessary by the Director of Fixed Income and Chief Investment Officer.

Minimum Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 5-10 years of experience working as a municipal bond credit analyst and/or portfolio manager.
• Interest in fixed income investments and capital markets.
• Advanced level in Microsoft Office suite, including analyzing data and using formulas in Excel, drafting documents in Word, and creating PowerPoint presentations.
• CFA designation and/or advanced degree is preferred.
• High attention to detail and commitment to accuracy, integrity, and process excellence.
• Familiarity with performance reporting, attribution, and client reporting processes.
• Ability to engage credibly with portfolio managers, strategists, and advisors.
• Familiarity with investment performance analytics, risk metrics, and reporting tools.
• Ability to manage competing priorities in a dynamic, fast-paced environment.
• Team-work, independent thinking, and a proactive attitude are required; Strong collaborator who builds trust across senior leadership, advisors, and teams.
• Ability to adapt a culture of accountability, transparency, and excellence.
• Familiarity with Bloomberg, Morningstar, Tradeweb.