FID, Public Finance Investment Banking Associate

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.

Department Profile

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.

Background on the Team

Within Municipal Securities the Public Finance Investment Banking group raises capital to fund projects for public sector entities and not-for-profit institutions in the United States. The group plans financial strategies and structures tax-exempt and taxable offerings along with derivative solutions to meet the needs of wide variety of important public organizations.

Primary Responsibilities

As an Associate in the Public Finance Investment Banking Departmentyou may:

• Provide investment banking services to the largest and most notable issuers nationwide in the public sector housing not-for-profit healthcare and tax-exempt structured finance groups
• Prepare and execute live transactions including crafting rating agency investor roadshow and sales memorandum materials
• Prepare marketing materials from product pitches based on market dynamics to extensive responses and proposal requests
• Perform cash flow analyses to evaluate debt financing alternatives
• Update credit models and conduct peer credit analysis
• Monitor debt portfolios identifying opportunities for refinancing or restructuring
• Conduct debt capacity and affordability analysis
• Research and analyze market data to share insights with clients
• Field and respond to client inquiries including travel for client meetings and conferences

Qualifications/Skills/Requirements:

• Experience in public finance banking or financial advisory services
• You have an advanced knowledge of MS Excel (preferred) DBC (preferred) and familiarity with other common software including Word and PowerPoint
• Strong work ethic collaborative ability to multi-task
• Adaptable versatile and analytical
• Bachelors degree

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey offering some of the most attractive and comprehensive employee benefits and perks in the industry. Theres also ample opportunity to move about the business for those who show passion and grit in their work.

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Expected base pay rates for the role will be between $150000 and $200000 per year commencement of employment for Associate. However base pay if hired will be determined on an individualized basis and is only part of the total compensation package which depending on the position may also include commission earnings incentive compensation discretionary bonuses other short and long-term incentive packages and other Morgan Stanley sponsored benefit programs.

Morgan Stanleys goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race color religion creed age sex sex stereotype gender gender identity or expression transgender sexual orientation national origin citizenship disability marital and civil partnership/union status pregnancy veteran or military service status genetic information or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).