Research Analyst -Associate- Fixed Income

at  US Bank National Association

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

JOB DESCRIPTION

We are seeking a Research Analyst -Associate- Fixed Income to join our fixed income team. The analyst will be supervised and mentored by the Director of Municipal Credit Research while conducting municipal credit research and analysis in support of institutional client portfolios.

BASIC QUALIFICATIONS

• Bachelor’s degree in business, Finance, Economics, Public Policy or related field, or equivalent experience
• One to three years of experience in investment and securities industry

PREFERRED SKILLS/EXPERIENCE

• Knowledge of fixed-income markets and securities, financial analysis techniques and credit rating factors
• Basic understanding of institutional investment management
• Ability to analyze economic and market conditions
• Ability to work independently
• Effective verbal and written communication skills
• Solid understanding of accounting, finance, and investment principles
• Rigorous attention to detail and demonstrated ability to synthesize a variety of factors and prioritize effectively
• Demonstrated intellectual curiosity and desire to learn
• Strong proficiency with Excel and Word, Bloomberg a plus
  U.S. Bancorp Asset Management (www.usbancorpassetmanagement.com) is a Minneapolis-based firm (division of U.S. Bancorp, NYSE:USB) with more than $377 billion in assets under management. Focusing on short-term fixed-income investment-grade strategies, it manages separately managed accounts for institutional investors, is advisor to the First American Funds family of money market mutual funds and administers the securities lending program of U.S. Bank National Association.

PRIMARY DUTIES

• Develop municipal sector credit expertise
• Conduct in-depth qualitative and quantitative fundamental analysis to assess credit and market risks for assigned investment grade issuers and sectors
• Municipal budget and tax analysis, financial statement modeling and synthesis of municipal sector developments and market news flow
• Provide, maintain, document, and communicate proprietary credit assessments to inform portfolio management decisions and to comply with regulatory requirements
• Monitor assigned issuers and sectors, as well as the broader municipal market, for changes in risk factors
• Actively engage with municipal credit team and portfolio managers, and participate in portfolio- and credit meetings
• Perform related ad hoc projects and requests

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That’s why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by la