Municipal Bond Arbitrage Analyst

Baker Tilly International; Indianapolis (IN); On-site; USD 55,000 - 91,000; Full time

Job summary

Baker Tilly is seeking an Arbitrage Rebate Analyst in Indianapolis to support municipal clients with detailed arbitrage calculations, data analysis, and compliance reporting. You will analyze bond proceeds, investments, and expenditures, perform complex rebate computations, and prepare client-ready reports.

Travel to client sites may be required. The role emphasizes IRS rules knowledge, strong Excel/Word skills, and clear communication for effective client discussions.

Qualifications

• Bachelor's degree in accounting, finance, mathematics, statistics or related field.
• 1 year of related consulting or accounting experience.
• Strong analytical skills and ability to manage large datasets.
• Familiarity with municipal bonds, arbitrage rules, and IRS rebate requirements.
• Proficiency in Excel and Word and financial modeling software.
• Strong written and verbal communication skills for reports and client discussions.
• Detail-oriented with excellent organization skills.
• Effective time management to handle multiple projects and deadlines.

Responsibilities

• Data analysis: Gather, review, and analyze financial data from bond issuance and expenditures.
• Arbitrage calculations: Determine arbitrage rebate and yield restriction liabilities.
• Report preparation: Create detailed reports summarizing findings and liabilities.
• Research and compliance: Stay current with IRS rules for municipal bonds.
• Client communication: Explain requirements and discuss strategies with municipal clients.

Skills

Analytical skills

Data management

Written communication

Verbal communication

Time management

Attention to detail

Familiarity with municipal bonds

Education

Bachelor's degree

CPA preferred

Tools

Excel

Word

Financial modeling software

Job description

Baker Tilly is seeking an Arbitrage Rebate Analyst in Indianapolis to support municipal clients with detailed arbitrage calculations, data analysis, and compliance reporting. You will analyze bond proceeds, investments, and expenditures, perform complex rebate computations, and prepare client-ready reports.

Travel to client sites may be required. The role emphasizes IRS rules knowledge, strong Excel/Word skills, and clear communication for effective client discussions.