Municipal Research Analyst

  • Competitive
  • Boston, MA, USA
  • Permanent, Full time
  • BNY Mellon Investment Management
  • 19 Apr 19

Municipal Research Analyst

OUR COMPANY:

Mellon is aspecialist multi-asset investment management firm dedicated to servingsophisticated investors globally, providing clients with high-quality singleand multi-asset investment solutions using both active and passive strategies.Coming together in 2018 through the combination of Mellon Capital, Standish,and The Boston Company, the combined asset manager has the scale and investmentcapabilities to offer institutional and intermediary clients a broad range ofspecialist investment solutions. The Boston Company, Standish and MellonCapital are product brands of BNY Mellon Asset Management North America.

THE OPPORTUNITY:

We are seeking a Municipal Analyst todevelop/affirm timely research recommendationsof generalobligation and revenue bonds withinboth the investment grade and high yield spectrums.

S/he will communicate with the investment team to determine relative value,as well as communicate currentviews. S/he will work withthe team to develop, articulate and implementstrategic and tactical recommendations.This position reports tothe Head of Municipal Research.

THE TEAM:

Mellon's Municipal/Tax-Sensitive buy discipline is valuation-based. We develop research ideasbased on a particular bond orsector's credit strength and yield spreadand after-tax yield versusother securities/sectors within themunicipal market. Idea generation can evolve from eitherthe trading desk, credit analystsor portfolio managers. Our researchanalysts review the fundamentals,including analysis of thehistory and current health of credits, along with pro-forma judgments about future trendsand credit quality. In addition, we look at how certain sectorsand securities compare withother sectors both currently and on a historical basis. Ourportfolio management team evaluatesthe sizing of exposures that are appropriate in theportfolio context.

Qualifications

Bachelor's degree or the equivalent combination of education and experience is required.

Qualified candidates will have 2 to 5 years of investment experience and demonstrated expertise and interest in the analysis of both general obligation and revenue bonds. S/he should have excellent communication skills (written and verbal) and an ability to work as part of a highly collaborative investment team. Progress towards an MBA (or equivalent) and/or CFA are preferred.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-Massachusetts-Boston
Internal Jobcode: 80027
Job: Asset Management
Organization: MELLON WITH TOH ADJ-HR13428
Requisition Number: 1905533