Public Finance - Associate

Fairygodboss; New York (NY); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

J.P Morgan is seeking a Public Finance Associate for its Public Finance team in New York. This role requires an adaptable candidate able to manage multiple projects while working under pressure. Responsibilities include developing financial models, executing bond financings, and preparing RFP responses.

The ideal candidate will have an undergraduate degree in finance or economics and previous experience in public finance. Competitive rewards package including health benefits and retirement plans offered.

Qualifications

• Previous Public Finance experience at an investment bank or financial advisory firm is required.
• Candidates must demonstrate academic strength and high energy level.
• Ability to create and manage financial models in Excel.

Responsibilities

• Develop customized financial models using Excel for bond financing structures.
• Prepare credit and debt capacity analyses based on specific credits.
• Execute bond financings for all issues in which J.P Morgan participates.
• Prepare presentation materials for client meetings.

Skills

Proficient in Microsoft Office Suite

Ability to work under pressure

Strong communication skills

Teamwork

Education

Undergraduate degree in finance or economics

Tools

DBC software

Job description

J.P Morgan's Public Finance team is looking for experienced public finance associate candidates for positions to work with our Infrastructure Team.

We are looking for a candidate who can be adaptable, able to manage projects independently and ready to assume a high level of responsibility as a member of a team. Work ethic is a must and ability to commit to the multi-year Associate program. You should also be able to work well under pressure in a demanding environment, producing accurate, detailed materials while meeting tight deadlines.

As a Public Finance Associate in J.P Morgan's Public Finance team, you will be responsible for providing investment banking solutions for the complex financing needs of the firm's public sector clients throughout the Country. You will work closely with our sales & trading, underwriting, derivatives, and debt capital markets desks for prospective and live transactions. This role offers the opportunity to develop customized financial models, perform credit and debt capacity analyses, and execute bond financings. You will also interact with various professionals in other areas of the firm to facilitate presentation, RFP responses, and execute bond transactions.

Job Responsibilities

• Develop customized financial models using Excel to develop customized bond financing structures
• Utilize industry‑approved third‑party programs (DBC) to prepare bond structures
• Perform credit and debt capacity analyses for specific credits based on industry/sector
• Prepare responses to requests for proposals required as part of the solicitation process
• Create and manage debt profiles for issuers/credits and evaluate existing debt portfolios for refunding/restructuring opportunities
• Execute bond financings for all issues in which J.P Morgan participates
• Work closely with all areas of Public Finance, including DCM, various syndicate desks, credit origination and derivatives marketing to pitch municipal clients and execute transactions
• Interact with various professionals in other areas of the firm to facilitate presentation, RFP responses and execute bond transactions
• Prepare presentation materials used by bankers and senior management for client meetings and participate in client presentations, as required

Required Qualifications, Capabilities, and Skills

• Work well under pressure in a demanding environment, producing accurate, detailed materials while meeting tight deadlines
• Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint
• Academic strength, strong teamwork, communication skills and a high energy level
• Undergraduate degree from a competitive university with coursework in finance or economics
• Previous Public Finance experience at an investment bank or financial advisory firm required
• Experience with DBC software, bond structuring and transaction execution required

Preferred Qualifications, Capabilities, and Skills

• Adaptable, able to manage projects independently and ready to assume a high level of responsibility

Benefits

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission‑based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on‑site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more.

Equal Opportunity Employer Statement

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.