Munis Desk Credit Analyst, Associate, Fixed Income Division

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking securities investment management and wealth management services. The Firms employees serve clients worldwide including corporations governments and individuals from more than 1200 offices in 43 countries.
As a market leader the talent and passion of our people is critical to our success. Together we share a common set of values rooted in integrity excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn to achieve and grow. A philosophy that balances personal lifestyles perspectives and needs is an important part of our culture.
The Fixed Income Division is comprised of Interest Rate and Currency Products Credit Products and Distribution. Professionals in the Division assess and actively manage risk trade securities and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. Morgan Stanley aligns its municipal investment banking underwriting sales trading lending and M&A advisory in one integrated organizational group under the umbrella of the Municipal Securities Division.
Municipal Securities is looking for an Associate or VP level candidate to expand its credit resources in response to growing business needs to better serve our clients and continue our best-in-class this role you will have high visibility externally and internally and will play an integral role in all key business functions of the division.

Primary Responsibilities:
Desk analyst responsibilities including but not limited to:

• Conduct in-depth single name and macro-based credit research

• Support secondary market idea generation and investor dialogue through credit analysis and analytics and regular interaction with buy side credit analysts traders and portfolio managers

• Work with banking and syndicate to structure and/or opine on credit fundamentals security packages and relative value/credit comparables;

• Assisting the new issue marketing process by working collaboratively with syndicate sales and banking to author or review credit sales memos;

• Portfolio management of existing and prospective trading inventory client financing positions and public side investment positions requiring regular reporting (MTM credit monitoring risk limits) to trading and business risk management

• Relationship building and management with buy side credit analysts and internal stakeholders across the business and risk functions (market credit trading)

Experience and Skills Required

• 2 years of credit experience with ability to be a generalist across the credit spectrum

• Experience in healthcare higher education charter schools project finance affordable housing land development structured credit highly preferred.

• Candidates with experience in buyside investing sell-side desk research insurance or lending function highly preferred

• Proactive and dynamic attitude coupled with excellent communication and presentation as the role requires interaction and relationship building with a wide range of functions across banking sales trading syndicate issuers investors and internal stakeholders

• Ability to multitask manage and prioritize different mandates across the primary responsibilities described above

• Comfort with fast-paced trading floor environment

• General knowledge of the municipal market and interest in growing as a credit professional

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds talents perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting developing and advancing individuals based on their skills and talents.