Citi Investment Management - Muni Fixed Income Analyst
Title: Senior VP/Director, Citi Investment Management
Description:
Position: Citi Private Bank/ Citi Investment Management/ Fixed Income Analyst
Location: Stamford, Ct.
Citi Investment Management (CIM) manages investments across many asset classes for
high and ultra- high net worth clients of Citi Private Bank, with approximately $40 billion in
assets under management. CIM manages a broad suite of investment strategies within
single and multi-asset class products.
The US Fixed Income Team is looking for a highly experienced Fixed Income Analyst with
excellent analytical skills, who is comfortable with both detailed, issuer specific credit
research and overall strategic analysis. Broad familiarity with the municipal bond market
and specialized expertise in its credit related aspects are essential. Additional taxable fixed
income markets exposure and corporate securities credit analysis experience are desirable.
Primary responsibilities would focus upon credit research for investment grade US
municipal bonds, across all municipal credit sectors. Additional responsibilities would
include corporate bonds credit research, systems & procedures maintenance/
augmentation, and preparing occasional (usually situation-specific) client communication
documents.
Position Responsibilities:

Conduct fundamental research and analysis on issuers within the US municipal
bond market (primary) and the corporate debt market (secondary).

Review proposed securities purchases and monitor existing managed holdings;
communicate conclusions & recommendations orally and in writing.

Stay abreast of, maintain pro-active views, & communicate
conclusions/recommendations concerning pertinent securities markets and
macroeconomics trends and developments.

Establish and maintain credit research files; maintain and augment computerized
credit database systems.

Potentially assume eventual, additional responsibilities.
Qualifications:

Excellent analytic skills & practice of independent thinking are crucial:
o
Demonstrated capacity to identify and evaluate multiple, key aspects and crucial
details of a research subject before reaching a conclusion;
o
Drive to explore circumstances, events, and people as they may affect either the
fixed income markets broadly or specific investment opportunities;
o
Persistence in thoroughly following through with build- out of initial queries or
research angles into their detailed underlying complexity and then synthesizing
conclusions.

Excellent written and oral communication skills, clear, concise expository style, as well
as strong interpersonal relations skills.

Ability to work cooperatively, prioritize and multi-task within in a team- oriented,
sometimes fast-paced environment.

Solid personal computer applications and systems skills, desirably including database
management expertise.

10+ years fixed income markets credit research experience:

o
In depth understanding of fundamental credit research, including financial
statements analysis, associated legal documents review, and
economic/competitive positioning research; familiarity with ratings agency
criteria;
o
Issuer-specific municipal securities credit research expertise in the tax backed
sector and several enterprise revenue sectors required;
o
Corporate fixed income research experience additionally desirable;
o
Experience with distressed bonds workout, litigation, and bankruptcy situations
desired;
o
Overall familiarity with bonds’ structural, legal, and regulatory underpinnings,
including IRS tax exemption rules, as well fixed income securities markets
macroeconomics, mechanics, regulatory context, & relative value.
BA/BS required; Master’s degree in some combination of economics and finance and/or
CFA preferred.
Apply on line at: https://citi.taleo.net/careersection/2/jobdetail.ftl?lang=en&job=15055492
Or contact me directly at: Kevin.Coolican@citi.com