Municipals – Quantitative Analyst
- Employer
- MacKay Shields LLC
- Location
- Princeton, New Jersey (US), Los Angeles, California
- Salary
- Competitive
- Closing date
- Sep 24, 2021
View more
- Job Function
- Performance Analysis, Risk Management
- Industry Sector
- Asset Management
- Certifications
- Passed CFA Level I, Passed CFA Level II, Passed CFA Level III (Charter Pending), CFA Charterholder
- Employment Type
- Full Time
- Education
- Bachelors
Job Details
MacKay Shields manages approximately $158 billion, of which $75 billion is managed by the MacKay Municipal Managers’ team.
Responsibilities
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.
Company
Founded in 1938, MacKay Shields has grown steadily over the years through rapidly changing market environments. We became a registered investment advisor in 1969, and have expanded our services over time and now offer products across U.S. and international markets.
In 1984, MacKay Shields was purchased by New York Life Insurance Company. New York Life Insurance Company established New York Life Investment Management Holdings LLC in 1999 for the purpose of consolidating its asset management subsidiaries. MacKay Shields is 100% owned by New York Life Investments, which is wholly owned by New York Life Insurance Company.
- Website
- https://www.mackayshields.com/
- Telephone
- 212-230-3812
- Location
-
1345 Avenue of the Americas
43rd Floor
New York
NY
10105
US
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