Analyst/Associate, Credit Research (Princeton, NJ)
BlackRock, Inc.
2021-12-03 07:37:39
Princeton, New Jersey, United States
Job type: fulltime
Job industry: Banking & Financial Services
Job description
DescriptionAbout this role. BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares ETFs. The Municipal Fixed Income business in BlackRock's Portfolio Management Group Group seeks an individual to join its research team as a Municipal Bond Analyst. The Group is one of the largest active manager of municipal securities in the industry with more than $150 billion under management. The analyst will report to a senior research analyst and work within a 17-member team responsible for general market analysis and credit reviews on municipal fixed-income securities. This position requires close interaction with our portfolio management team providing investment recommendations based upon fundamental credit analysis and relative value metrics. Job Description: The responsibilities of a Credit Research Analyst include: Understand economic, social, and political trends throughout the United States, with emphasis on identifying regional factors affecting the Tax-Exempt bond market. Make buy, hold or sell investment recommendations based upon comprehensive research in consideration of short-term versus long-term time horizons. Conduct due diligence, market analysis, and cash flow projections for municipal governments and revenue backed issuers. Assist senior analysts with the due diligence, market analysis, and cash flow projections for speculative grade and high-yield investments. Build partnership and strong working relationship with the analysts and portfolio managers in the region and throughout the firm, serving as a resource and an ambassador of the Municipal Team. Develop relationships with the rating agencies, sell-side traders / analysts, internal / external counsel, industry consultants. Participation in the CFA Program. Qualifications: Undergraduate degree, preferably in Finance or Economics. Excellent written and verbal communication skills. Strong Technical skills Proficient with Excel and Word; Ability to code in SQL, Python, VBA, or R. Flexible, responsive and self-starting personality with keen attention to detail. Open-minded thought process and intellectual honesty with an ability to dynamically adapt to coverage of different parts of the credit spectrum. Must possess the desire and ability to work in a team-oriented environment. Natural relationship building orientation; collaborative. Passion for following the markets. Our benefits To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about. About BlackRock. At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress. This mission would not be possible without our smartest investment the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive. For additional information on BlackRock, please visit careers.blackrock.com || | | LinkedIn: BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law. BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.