Virtus Investment Partners
Municipal Analyst/Trader
Virtus Investment Partners, Los Angeles, California, United States, 90079
Although we value experience and skills, we also care about who you are. We strive to surround ourselves with good people that share our values, that work hard, and that support each other as a team and as individuals.
Job Description
Kayne Anderson Rudnick Investment Management, a Registered Investment Advisor based in Los Angeles, is currently searching for a Municipal Analyst/Trader. The Municipal Analyst/Trader is primarily responsible for analysis of prospective municipal bond credits in trading situations as well as ongoing surveillance of credits held in portfolio, contributing to discussions around asset allocation and portfolio construction and economic views. The Municipal Analyst/Trader will also be responsible for trading taxable and municipal fixed income securities. DUTIES AND RESPONSIBILITIES:
Perform fundamental credit analysis on an initial and ongoing basis for investment grade municipal credits across the spectrum of municipal sectors for tax-exempt and taxable bond portfolios. Make security and sector positioning recommendations to the Municipal Team based on fundamental credit and relative value analysis. Perform surveillance of existing holdings to determine if changes in security positioning are necessary. Work on special projects as needed. Provide support to marketing, compliance, and operations as needed. Monitor developments that affect the municipal market (legislation, rating agency views, court cases). Sourcing and trading both taxable and municipal fixed income securities. IDEAL QUALIFICATIONS:
Bachelor's Degree (Finance/Marketing) 5-7 years of work experience in the financial services industry, specifically investment/asset management Strong writing and verbal communication skills Proficiency in Microsoft Office Word, Excel, PowerPoint Pro-active approach to accuracy and attention to details Analytical skills with the ability to dig in Ability to meet deadlines and respond to requests in a timely manner Teamwork – ability to collaborate in a professional and constructive manner Excellent verbal and written communication skills Strong interpersonal, organizational, and quantitative skills The starting salary range is $115,000 to $155,000, which will vary based on education, experience, skills, abilities, geographic location, internal equity, and market data alignment. This position is also eligible for the company’s annual incentive plan. BENEFITS:
We offer a variety of benefits supporting employees and their families in health and wellness, encouraging work-life balance, and supporting team needs and goals. Competitive Pay Medical, Dental, and Vision Insurance Life and Disability Insurance Health Savings Account with a Company Match Flexible Spending Accounts including Dependent Care Wellness Program Tuition Reimbursement 24-Hour Employee Assistance Program Adoption Assistance Paid Family Care Time Paid Volunteer days Gym onsite Paid Parking - LA Office Lunch provided Hybrid 3/2 (Subject to change) KAR is made up of diverse, talented, and passionate employees working together to achieve a common goal: providing high-quality investment strategies and wealth solutions for our clients. Awarded Best Firm Culture at the 2022 PAM Awards, KAR maintains a team-oriented culture of accessibility, open communication, and respect. We believe in empowering and growing our people and are excited to be hiring. KAR is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. For more information about Kayne Anderson Rudnick, visit
www.kayne.com .
#J-18808-Ljbffr
Kayne Anderson Rudnick Investment Management, a Registered Investment Advisor based in Los Angeles, is currently searching for a Municipal Analyst/Trader. The Municipal Analyst/Trader is primarily responsible for analysis of prospective municipal bond credits in trading situations as well as ongoing surveillance of credits held in portfolio, contributing to discussions around asset allocation and portfolio construction and economic views. The Municipal Analyst/Trader will also be responsible for trading taxable and municipal fixed income securities. DUTIES AND RESPONSIBILITIES:
Perform fundamental credit analysis on an initial and ongoing basis for investment grade municipal credits across the spectrum of municipal sectors for tax-exempt and taxable bond portfolios. Make security and sector positioning recommendations to the Municipal Team based on fundamental credit and relative value analysis. Perform surveillance of existing holdings to determine if changes in security positioning are necessary. Work on special projects as needed. Provide support to marketing, compliance, and operations as needed. Monitor developments that affect the municipal market (legislation, rating agency views, court cases). Sourcing and trading both taxable and municipal fixed income securities. IDEAL QUALIFICATIONS:
Bachelor's Degree (Finance/Marketing) 5-7 years of work experience in the financial services industry, specifically investment/asset management Strong writing and verbal communication skills Proficiency in Microsoft Office Word, Excel, PowerPoint Pro-active approach to accuracy and attention to details Analytical skills with the ability to dig in Ability to meet deadlines and respond to requests in a timely manner Teamwork – ability to collaborate in a professional and constructive manner Excellent verbal and written communication skills Strong interpersonal, organizational, and quantitative skills The starting salary range is $115,000 to $155,000, which will vary based on education, experience, skills, abilities, geographic location, internal equity, and market data alignment. This position is also eligible for the company’s annual incentive plan. BENEFITS:
We offer a variety of benefits supporting employees and their families in health and wellness, encouraging work-life balance, and supporting team needs and goals. Competitive Pay Medical, Dental, and Vision Insurance Life and Disability Insurance Health Savings Account with a Company Match Flexible Spending Accounts including Dependent Care Wellness Program Tuition Reimbursement 24-Hour Employee Assistance Program Adoption Assistance Paid Family Care Time Paid Volunteer days Gym onsite Paid Parking - LA Office Lunch provided Hybrid 3/2 (Subject to change) KAR is made up of diverse, talented, and passionate employees working together to achieve a common goal: providing high-quality investment strategies and wealth solutions for our clients. Awarded Best Firm Culture at the 2022 PAM Awards, KAR maintains a team-oriented culture of accessibility, open communication, and respect. We believe in empowering and growing our people and are excited to be hiring. KAR is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. For more information about Kayne Anderson Rudnick, visit
www.kayne.com .
#J-18808-Ljbffr