Credit Analyst

Municipal Credit AnalystGuggenheim Investments is seeking a Municipal Credit Analyst. The Municipal Credit Analyst is responsible for maintaining market coverage, conducting security and portfolio-level analysis, and sourcing and reviewing investments. This position is collaborative and may be cross-functional across credit sectors and portfolio management in response to market conditions. The employee is responsible for intermediating, aggregating, and disseminating market information to credit sector teams, portfolio managers, and senior investment professionals. The employee will report to the Senior Municipal Credit Analyst/Sector Lead. This role can be in our Santa Monica, CA or New York, NY office, full-time.ResponsibilitiesKey Responsibilities:Lead evaluation of specialized and complex investments utilizing all available sources of information including governing documents, published research, financial reports, news, rating agency reports, and market informationAnalyze new issue and secondary market taxable and tax-exempt municipal credits to create reports, analyses, and recommendationsCreate and maintain analytical models and tools that enhance credit research (e.g. sector-wide credit metric comparable, macro stress testing)In-depth work on the legal characteristics of security structure, such as mutability of cash flow waterfalls, enforceability of tax levies, legality of issuance authorization, substitutability of indenturesMonitor portfolio holdings and municipal sectors for credit changes and material news and eventsFormulate and manage sector investment thesis and strategy and communicate firm-wide, incorporating the firm's macro viewsProvide the team leader with ongoing information about market sentiment, liquidity, volatility, and other market information about the sectorPrioritize investment activities considering Portfolio needs, desk resources, and market risk/value.Create and maintain desk tools that improve investment process and efficiency (e.g., secondary offerings, trade reports, bi-weekly meeting data, credit review log)Create and institutionalize credit research reporting, credit memo templates, and ESG analysis frameworkAuthor the municipal sector team's Quarterly Outlook thought leadership pieceEnsure adherence with firm policies and procedures with respect to investment underwriting, compliance, tradingDirect surveillance, research, and project activities in conjunction with the Team LeaderDevelop project scope and set priorities for technology and research initiativesAssist in the creation and maintenance of marketing materialsQualificationsBasic Qualifications:BA/BS in a quantitative discipline to include finance, business, economics or accountingMinimum 5 years' experience in credit research and analysisCFA or progress toward CFA is requiredExperience with industry standard tools and data products such as Bloomberg, BRS, Ipreo, TM3.Strong credit, finance, economic, business, and technical skillsAdvanced Excel skills are required. SQL, Python skills are desirableStrong written and verbal communication skillsStrong commitment to performance and accuracy of work productPreferred Qualifications:Advanced degree (MFE, MBA) or equivalent educational background are desirable.Strong credit, finance, economic, business, and technical skillsAbility to multi-task across analytical, administrative, and research activities in a detail oriented and timely manner.Team oriented individual with ability to work independently and work well with diverse groups in a market-paced environmentWe are not seeking agency assistance with this role.We are unable to consider candidates who require current or future visa sponsorship for employment in the United States. Candidates must be authorized to work in the US without current or future visa sponsorship or transfer.Salary RangeAnnual base salary between$140,000.00-$145,000.00The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.