Associate Investment Research Analyst – Municipal Bonds

About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

We have a great opportunity to join our fixed income investment team as an Associate Municipal Bond Research Analyst. Candidates must have an understanding of the US municipal bond market and be able to analyze a wide breadth of municipal credit sectors. Successful candidates will leverage robust quantitative and qualitative analytical skills to compile and communicate research that informs investment decisions for a variety of tax-exempt bond strategies. We work in a collaborative environment, but this role requires the candidate to work independently on a high volume of investment opportunities with efficiency.
This role directly impacts our portfolios and the work you do will influence trades in the millions of dollars on a regular basis.

Key Responsibilities:

· Utilize data analytics, news aggregation, and other tools to monitor high quality credits across a variety of municipal bond sectors

· Complete more thorough reviews of flagged credits, putting key datapoints in context and elevating to senior analysts as necessary

· Maintain and enhance the muni analytics platform to drive efficiency and further our research analytics strategy

· Help maintain integrity of the municipal credit management system (Investortools – CreditScope) data

· Over time, a successful candidate will learn to think like a fixed income investor, assuming more responsibility for making and communicating internal rating/recommendation changes and contributing to team discussions focused on sector trends, key topics, and investment opportunities

Required Qualifications:

· 2-5 years of municipal bond or other relevant experience

· BA or BS degree that demonstrates intellectual ability and rigor

· A comfort level with quantitative tools and analytics or developing advanced quantitative skills

· Established and demonstrated work ethic and willingness to invest in their careers

· Strong organizational skills coupled with an ability to take initiative and work independently

· Proficient in Excel, Python/R, VBA or the equivalent.

· Basic understanding in SQL and other programming languages.

· The ability to integrate and function effectively on a team that places clients first and is dedicated to sustaining excellence.

Base Pay Salary

The estimated base salary for this role is $100,000- $125,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.Full timeExemptInvestment ManagementAMINV US Asset Management

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.