Senior Research Associate

Employer
BNY Mellon Investment Management
Location
Boston, USA
Salary
Competitive
Posted
May 23, 2019
Closes
Jun 12, 2019
Ref
5803212
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
OUR COMPANY:

Mellon is a global multi-specialist manager dedicated to serving our clients globally with a full spectrum of single and multi-asset investment strategies and solutions. With roots dating back to 1933, Mellon has been innovating across asset classes for generations and has the combined scale and capabilities to offer clients a broad range of solutions. From asset class expertise to broad market exposures, clients drive what we do. We are holistic in approach, client driven and committed to investment excellence. We aim to be a key partner for our clients by delivering customized investment outcomes and best-in-class service.

THE OPPORTUNITY:

We are seeking a Senior Municipal Associate to assist in the development/affirmation of timely research recommendations of general obligation and revenue bonds within both the investment grade and high yield spectrums.

S/he will communicate with the investment team to determine relative value, as well as communicate current views. S/he will work with the team to develop, articulate and implement strategic and tactical recommendations. This position reports to the Head of Municipal Research.

THE TEAM:

Mellon's Municipal/Tax-Sensitive buy discipline is valuation-based. We develop research ideas based on a particular bond or sector's credit strength and yield spread and after-tax yield versus other securities/sectors within the municipal market. Idea generation can evolve from either the trading desk, credit analysts or portfolio managers. Our research analysts review the fundamentals, including analysis of the history and current health of credits, along with pro-forma judgments about future trends and credit quality. In addition, we look at how certain sectors and securities compare with other sectors both currently and on a historical basis. Our portfolio management team evaluates the sizing of exposures that are appropriate in the portfolio context.

Qualifications

BASIC QUALIFICATIONS:
  • Bachelor's degree or the equivalent combination of education and experience is required.

PREFERRED QUALIFICATIONS:
  • 2 to 5 years of investment experience, with some exposure to municipal securities preferred.
  • 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.


#LI-MF1

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: 80026
Job: Asset Management
Organization: MELLON WITH TOH ADJ-HR13428
Requisition Number: 1906031