Municipal Research Analyst

About Invesco Invesco is one of the world’s leading independent global investment firms, dedicated to rethinking possibilities for our clients. Our employees get more out of life through our comprehensive compensation and benefit offerings, including flexible paid time off, hybrid work schedule, 401(k) matching of 100% up to the first 6% with discretionary supplemental contribution, health & wellbeing benefits, parental leave benefits, employee stock purchase plan. Job Purpose The Credit Analyst will perform fundamental credit analysis on issuers in the municipal bond market. Primary responsibilities include development of fundamental credit opinions, assigning internal credit ratings, and establishing credit outlooks for individual municipal borrowers. The analyst will also monitor legislative, regulatory, economic, and fiscal developments in the market, maintain and communicate internal ratings, and oversee risk assessments with the broader investment team. Key Responsibilities / Duties Identify, assume, and manage credit risks and work effectively with investment team members. Analyze multiple sectors and issuers within the municipal bond market. Produce well‑researched, concise reports for investment professionals. Maintain appropriate and required documentation in database supporting internal credit opinions. Actively recommend changes to issuer‑specific credit ratings and outlooks. Communicate effectively with the broader investment team. Develop relationships with underwriters, sell‑side research, credit rating agencies, professionals of municipal bond issuers and industry organizations. Perform special projects, including AI‑related projects, as required by the broader credit team. Work Experience / Knowledge Up to 8 years of related work experience in fixed‑income credit analysis. Knowledge of municipal credit analysis preferred. Skills / Other Personal Attributes Ability to cooperate in a team environment is critical. Excellent analytical skills, with attention to detail and accuracy. Excellent communication and interpersonal skills needed to effectively share knowledge and opinions with the broader investment team. Ability to make decisions and recommendations despite incomplete information, sometimes under stressful conditions. Open‑minded, flexible, and willing to listen to others’ opinions. Proficiency in Windows‑based applications, with expertise in Excel, PowerPoint, and Word; experience with Bloomberg a plus. Formal Education Bachelor’s degree in Finance, Economics, or related field. MBA and/or CFA designation is preferred. Salary & Benefits The salary range for this position in Downers Grove, IL and New York is $125,000 – $135,000 per year. Total compensation includes salary and incentive pay and will vary based on skills, experience, and location. Workplace Model Employees are expected to comply with the firm’s most current workplace policy. As of October1,2025, the policy requires spending at least four full days each week working in an Invesco office. Equal Opportunity Employment Invesco is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal‑opportunity employment efforts comply with all applicable U.S. state and federal laws governing non‑discrimination in employment. #J-18808-Ljbffr