Municipals – Quantitative Analyst

Princeton, New Jersey (US), Los Angeles, California
Aug 25, 2021
Sep 24, 2021
Industry Sector
Asset Management
Employment Type
Full Time

MacKay Shields manages approximately $158 billion, of which $75 billion is managed by the MacKay Municipal Managers’ team.


MacKay Shields is looking for an individual with strong knowledge of the municipal markets and securities to join the Municipal team.  The role includes: 

  • Supporting the municipal bond team in the quantitative analysis of individual bond structures, portfolios, and the municipal market
  • Identifying and measure portfolio risks, recommend mitigation strategies and clearly present findings in both written and spoken form
  • Constructing models to assist the municipal team across an array of needs including, but not limited to, evaluating bond structures, rebalancing portfolios, creating models for RFPs and understanding changing market conditions
  • Ensuring the integrity of all data consumed by the municipal team through the development, potentially in coordination with other business areas of MacKay and vendors, of quality control tools to identify and resolve any data errors or omissions
  • Providing data analysis results, where necessary, for consumption by other MacKay business functions including risk management, compliance, marketing and client services
  • Coordinating with other MacKay employees regards RFP/RFI activity, consultant database information and ad-hoc requests

Requirements / Skills

The ideal candidate must possess: 

  • Minimum 5+ years of quantitative analysis experience including a working knowledge of risk and attribution models and the analytics that drive those models
  • Minimum 5+ years of experience dedicated to fixed income markets and securities (municipal preferred)
  • Demonstrated strong quantitative skills and analytical skills
  • Experience with InvestorTools’ Perform system highly preferred
  • Demonstrated problem-solving skills
  • Excellent communication skills (both written and verbal) and must be able to effectively present findings
  • Minimum bachelor’s degree in mathematics, finance, computer science, or hard sciences 

MacKay Shields LLC is committed to creating a diverse employment environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

  • You need to sign in to save