Details
Posted: 23-Mar-22
Location: Pittsburgh, Pennsylvania
Type: Full Time
Categories:
Accounting & Finance
Sales & Business Development
Municipal Bond Analyst Pittsburgh, PA
Since 1955, millions of investors in the United States and around the globe have relied on Federated Hermes, Inc. (NYSE: FHI) for world-class investment solutions. Federated Hermes has grown to become one of the nation's largest investment managers with $669 billion in assets under management. Federated Hermes is a global leader in active responsible investing with one of the largest engagement and stewardship teams in the world representing over $1 trillion in assets under advisement.
Federated Hermes has a unique opportunity for a Municipal Bond Analyst in our Municipal Bond Group, supporting management of $6.4 billion in municipal bond assets that span across a wide range of GO and Revenue bond issues and credit qualities, to include below investment grade. The Municipal Bond Group is part of the Federated Hermes Fixed Income Group, which manages approximately $98 billion, including all major sectors the US & international bond market.
If you have a desire to leverage your interest and skillsets in macroeconomics, regional economic dynamics, public policy and financial statement analysis to assess credit risk and participate in our team-oriented investment process to favorable total returns for investors, this is the job for you!
Pittsburgh is one of the nation’s most livable cities with a strong economy; lower cost of living than cities of similar size; entrepreneurial spirit; sense of community; superior academics and top research universities; and, vibrant arts, food, cultural and professional sports scenes. Federated Hermes is a company that fosters a strong collaborative culture and recognizes the strength of individual contributions.
MAJOR DUTIES:
- Conduct fundamental, in-depth municipal credit analysis to assess credit quality and to make investment recommendations for municipal bond portfolios.
- Provide and maintain internal credit assessments and develop municipal sector expertise to assist in portfolio management decisions.
- Participate in and present at municipal credit and sector tactical meetings with portfolio managers, traders and other analysts.
- Maintain on-going, frequent communications with portfolio managers, analysts and traders.
- Develop and maintain working rapport with external industry sources, as needed, to support credit analysis responsibilities and investment decision making.
- Perform other related duties as assigned.
POSITION SPECIFICATIONS:
- Bachelor’s degree in business, finance, economics or related field with a solid foundation in finance and accounting required
- Master’s degree in business, finance, economics, public policy or related field, a plus
- CFA or progress towards CFA designation, a plus
- Prior investment-related work experience preferred; prior municipal credit analysis experience, a plus
- Understanding of how macroeconomic and policy factors affect investment opportunities preferred
- Demonstrated knowledge of financial statement analysis required
- Excellent research and analytical skills required
- Solid computer skills, including proficiency with Microsoft Excel, Word & related applications, required
- Solid written and oral presentation skills required
- High level of academic achievement required
For more than 60 years, Federated Hermes has provided world-class investment solutions to financial professionals in the United States and around the world. Federated Hermes' employees have defined the qualities of the company’s success over the decades: a reputation for integrity and excellence, a commitment to customers and employees and a history of longstanding client relationships. While each market cycle brings new opportunities and challenges to the company, Federated Hermes continues to foster employee commitment to excellence in the investment management industry.
Federated Hermes, Inc. offers a competitive salary and benefits package along with a professional environment.
Only those candidates in whom we have an interest will be contacted.
EOE
For consideration, go to https://careers.federatedinvestors.com/psp/EXT/EMPLOYEE/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&Action=U&FOCUS=Applicant&SiteId=11&JobOpeningId=8446&PostingSeq=1