What are the responsibilities and job description for the Public Finance Associate position at Stifel?
Summary
The Public Finance Associates are placed into geographic and/or sector teams with broad coverage responsibilities of municipal issuer clients. Associates will provide analytical and transaction support on municipal bond financings, assist in the development of proposals and presentations, provide general support to the initiatives of senior team members, and facilitate the new business development process. Associates must have the ability to work long hours – while maintaining a positive attitude, multi-tasking and meeting strict time deadlines. A strong desire and ability to learn technical and business development skills is important.
Essential Duties and Responsibilities
•Draft and prepare effective client pitch books and requests for Proposals/Qualifications.
•Prepare detailed memorandums describing financing ideas and opportunities.
•Research industry and market trends, running and analyzing data.
•Research municipal issuers, their financial condition, capital needs and revenue sources.
•Create and monitor databases of client and prospective client outstanding bonds for refinancing opportunities.
•Develop and analyze complex financial and debt models.
•Develop financial analyses for bond issuance including revenue models, amortizations, debt profiles and the analysis of refinancing and borrowing using Excel, Munex and DBC bond sizing software.
•Act as a point of contact for the finance team throughout the financing process.
•Lead the internal processing of new issue financings.
•Work with senior team members to create marketing and sales materials.
•Prepare case studies on completed transactions.
•Attend client meetings and conferences with senior bankers (as requested).
Qualifications
•Interest in public sector and municipal finance.
•Ability to multi-task, work independently and collaborate in teams.
•Knowledge, or ability to learn, web-based applications, and specialized information systems, including EMMA, Bloomberg, TM3, Munex and DBC bond sizing software.
•Knowledge of finance and accounting principles.
•Ability to prepare and deliver clear, effective and professional presentations.
•Competence in clearly and effectively communicating in both oral and written formats.
•Ability to regularly work long hours, beyond standard business hours.
•Ability to travel by car and/or air in conjunction with local, regional and/or national travel, up to 20%.
Education and Experience
•Minimum Required: Bachelor’s Degree in Finance or related field is desired
•Minimum Required: 3-5 years’ related experience
Licenses and Credentials
•Minimum Required: Series 50, 52 and 63 or ability to obtain within 12 months
Systems and Technology
•Proficient in Microsoft Excel, Word, PowerPoint, Outlook
About Stifel
Stifel is a more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.
While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.
At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.
Stifel is an Equal Opportunity Employer.
