Entry-Level Public Finance Analyst – Bond Pricing Practice

ABOUT THE FIRM

Established in 1975 out of Philadelphia, Pennsylvania, Public Financial Management is a financial advisor that provides bond pricing, debt management, and financial consulting services to state and local governments across the United States. For nearly forty years, PFM has advised many of the country’s largest municipal and institutional financing programs totaling in excess of five-hundred billion dollars. Many of these transactions involve developing financial and capital plans, debt structuring, complex tax analysis, resource allocation, and capital markets advice. Currently the firm has over 550 employees serving a broad base of public and not-for-profit clients from offices located in every region of the country. PFM combines national experience with specialized functional expertise, regional knowledge, and local perspective through the development of individual practices dedicated to serving every client type; including states, counties, municipalities, townships, boroughs, authorities, school districts, not-for-profits organizations and pension funds. As a financial advisory leader to the municipal marketplace, PFM has built a world class reputation for providing clients with independent advisory services, and is consistently among the top rated independent financial advisory firms in the country in almost every major category.

PFM is currently seeking an entry-level professional to serve as a Public Finance Analyst . The Analyst will work with PFM’s Bond Pricing group to assist with primary market issuance and price negotiations in our Charlotte, NC office.

Responsibilities:

• Learn and develop proficiency with debt structuring concepts and use of both DBC and Munex software
  • Learn to develop reasonable assumptions, cost estimates, etc. for use in debt structuring
  • Create debt service structures, incorporating outstanding debt when necessary
  • Monitor databases and analyze outstanding debt issues for possible refunding
• Create database/debt overview relating to outstanding debt for each client
• Create and manage spreadsheets for analyzing financial information, and developing and presenting financing scenarios for clients
• Contribute to input and review of disclosure documents (official statements) and transaction legal documents for all transactions to which you are assigned
• Provide information of financial/technical portions, such as calculation of overlapping debt, debt service schedules, refunding plans, etc.
• Primary responsibility for careful review of all dates, numbers and data
• Assist with review and presentation of general and economic data, as needed
• Prepare Power Point presentations for use in rating agency communication, client communication, or marketing purposes
• Communicate internally relative to ongoing projects, status, training and needs, including initiation of periodic coordination and reprioritization
• Assist in support and execution of financing transactions
• Organize, prioritize and schedule your work for each client project and/or financing transaction
• Organize, track and maintain analyses, reports, and correspondence relating to advise provided to clients and others relating to client projects, in support of project manager
• Prepare and propose materials, reports and summaries for delivery to clients

Qualifications:

Minimum Qualifications

• Bachelor’s degree with a demonstrated track record of academic success (minimum GPA of 3.25 / 4.0 is strongly preferred).
• Demonstrated analytical and quantitative modeling experience preferred. Candidate should be familiar with financial transactions including complex financial modeling and analysis. Advanced Excel skills (including VBA) are highly desirable.
• Excellent communication skills and effective personal communication skills are a must. Develops effective written correspondence. Actively listens to others and conveys information clearly and concisely. Can make effective presentations and routine communications to smaller audiences. Excellent listener.
• Ability to articulate basis for interest in public sector/municipal finance. Related coursework and/or professional experience (including internships) related to public finance desired.
• Ability to think and act strategically. Looks at issues affecting the team from a larger, longer-term perspective than just day-to-day task-execution. Demonstrates flexibility when approaching complex situations and often uses creative methods/solutions to avoid conflicts and/or negative outcomes.
• Insists on accountability of self and others. Understands the relationship between individual and team objectives and the broader company goals. Resolves problems proactively.
• Outstanding teamwork and project execution skills with ability to manage multiple tasks and adapt to a changing, fast-paced environment.
• Ability to operate in a team environment. Acts as a valuable, collaborative team player, willing to take on a variety of roles within a team including leader, follower, and facilitator. Actively promotes team success and encourages others to contribute to the greater good.
• Willingness to learn specialized financial field, and continually increase knowledge and responsibilities.
• Demonstrates unwavering integrity and instills confidence in others.
• Desire to improve processes, take initiative and solve problems.
• Strong quantitative, problem solving and analytical skills.
• Detail oriented with strong organization skills.
• Strong working knowledge of MS Office, including Word, Excel, and PowerPoint.

Compensation

Compensation includes salary, sign-on bonus opportunity, and comprehensive benefits package. PFM also has a full benefit package including profit sharing and 401K.

The PFM Group is an equal opportunity employer (EOE, M/F/D/V).