Investment Analyst- Municipal Research
- Employer
- Unum Group
- Location
- Chattanooga, Tennessee
- Salary
- Salary based on experience.
- Closing date
- Oct 1, 2022
View more
- Job Function
- Credit Analysis
- Industry Sector
- Asset Management, Commercial Bank, Credit Union, Private Bank, Savings & Loan, , Credit Rating Agency/Bureau, Insurance, Non-Banking Financial Institution (Consumer finance, Leasing, factoring, etc.), Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Job Details
The individual will provide credit opinions and recommendations on municipal securities to Portfolio Managers, the Head of Research, and the Chief Investment Officer. These opinions and recommendations are utilized to evaluate risk and are the basis for buy/sell/hold decisions.
Principal Duties and Responsibilities
Credit Review and Analysis
- Assess credit quality of various municipal bond offerings issued by the municipal sectors using a variety of research tools including but not limited to Bloomberg, rating agencies, third-party research, EMMA, etc.
- Assign/maintain formal ratings (e.g., outlook, trading, ESG, etc.) on taxable and tax-exempt municipal securities and their respective sectors
- Monitor and make recommendations regarding exposures to respective issuers and municipal sectors
- For assigned issuers/sectors, provide written research reports and timely updates when appropriate
Credit Management and Trading Recommendations
- Maintain and develop research contacts and resources with a variety of street, and rating agency analysts
- Effectively communicate with and critically analyze comments of CEOs, CFOs and Investor Relations Officers within public finance
- Make investment recommendations on the purchase or sale of municipal bonds to the Head of Research and Portfolio Managers
- Monitor sector trends and developments such as legislative changes, rating agency outlooks, legal rulings, etc., which could impact the municipal market and/or municipal portfolio
- Assume responsibilities for special projects or other duties when required
Job Specifications
- Minimum Bachelor's degree required; MBA and/or CFA credentials preferred
- 2+ years relevant work experience in investments; solid knowledge of fixed income markets, economics and credit research required
- Experience with municipal securities/public finance preferred
- Strong written and verbal communications skills, with the demonstrated ability to quickly and effectively communicate ideas and recommendations
- Proficiency with Bloomberg and Microsoft Office tools, especially Excel; ability to learn new software
- Strong financial research skills, producing and maintaining quantitative financial models
- Excellent problem-solving skills, documentation skills and ability to thrive in a fast-paced environment
Company
Unum is a company of people serving people. As one of the world's leading employee benefits providers and a Fortune 500 company, Unum's financial protection benefits help protect more than 36 million working people and their families from the financial impact of illness or injury. Unum's three distinct, but similarly focused US businesses – Unum US, Colonial Life, and Starmount Life – are each a market leader in making disability, life, accident, critical illness, dental, and vision insurance accessible in the workplace.
Headquartered in Chattanooga, Tennessee, Unum also has significant US operations in Portland, Maine, - and over 35 field offices nationwide. Colonial Life is headquartered in Columbia, South Carolina with over 40 field offices nationwide. Starmount Life is based in Baton Rouge, Louisiana, and is the dental and vision center of excellence for Unum in the US.
- Telephone
- 4235986156
- Location
-
One Fountain Square, 6N
Chattanooga
TN
37402
US
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