PFS Social Infrastructure Financing – Analyst

Support the Public Finance & Solutions (PF&S) Municipals lending business with a focus on social infrastructure (e.g., education, healthcare, affordable housing, public safety, civic and community facilities), providing analytical and execution support across origination, underwriting, and deal execution.

Responsibilities

• Financial analysis and modeling: Build and maintain Excel-based models (cash flow, debt service, coverage, sources & uses), perform scenario/sensitivity analysis, and support credit metrics and rating considerations.
• Underwriting support: Assist in preparing credit write-ups, term sheets, and internal approval materials; compile borrower/obligor information; and support structuring discussions around covenants, security packages, and repayment sources.
• Due diligence and research: Gather and synthesize information from offering documents, audits, feasibility studies, demographic/economic data, and project materials; track key risks and mitigants for social infrastructure credits.
• Marketing and client materials: Create and refine pitch books, lender presentations, market/sector updates, and transaction summaries; ensure materials are accurate, consistent, and tailored to client needs.
• Transaction execution and process management: Coordinate timelines and workstreams with internal partners (Credit, Legal, Compliance, Operations, Syndicate/Capital Markets) and external parties (issuers, counsel, advisors) to support efficient closings.
• Portfolio and market monitoring: Help track portfolio exposures, covenant/reporting requirements, and watchlist items; monitor municipal market conditions and relevant policy/regulatory developments impacting social infrastructure sectors.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, Public Policy, Mathematics, Engineering, or a related field with strong analytical rigor.
• Internship or academic experience in fixed income, public finance, infrastructure, project finance, credit, or structured finance (not required).
• Understanding of municipal market sectors, including hospitals/health systems, and other community facilities.
• Coursework in accounting, corporate finance, statistics/econometrics, or public sector budgeting.

Skills

• Analytical skills: Demonstrated ability to analyze financial statements and cash flows, build structured analyses, and communicate conclusions clearly.
• Technical skills: Strong Excel and PowerPoint skills; comfort working with large datasets. Familiarity with Bloomberg, Capital IQ, or similar tools is a plus.
• Collaborative, service-oriented approach with strong follow-through and professionalism.
• Clear written and verbal communication; ability to tailor messages for technical and non-technical audiences.
• Sound judgment and commitment to risk management, controls, and ethical conduct.
• High attention to detail, intellectual curiosity about municipal finance and public-purpose projects, strong ownership, and the ability to prioritize in a deadline-driven environment.

Benefits

• A diverse and inclusive environment that embraces change, innovation, and collaboration.
• A hybrid working model, allowing for in-office/work from home flexibility, generous vacation, personal and volunteer days.
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement.
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits.
• Educational resources, matching gift, and volunteer programs.

Pay

The salary range for this position in New York City is $110,000 to $125,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location, and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.