Public Finance IB Analyst (or Associate)

Raymond James; Scottsdale (AZ); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability benefits

Retirement savings plan

Paid time off

Parental leave

Job summary

Raymond James in Scottsdale, AZ is seeking an Analyst or Associate in Municipal Public Finance to work with seasoned bankers on financing infrastructure for state and local governments, spanning sectors from transportation to housing.

You will build financial models in Excel, analyze debt structures, prepare client presentations, and help draft securities offering documents while developing client relationships.

Qualifications

• Bachelor's degree in business, finance, math or a related field.
• 1-4 years of related experience.
• FINRA SIE, Series 52, 63, and 50 licenses within 12 months of hire.

Responsibilities

• Understand Government Finance: analyze finances of cities, states, and public institutions.
• Pitch financing ideas to fund big projects for governments and sponsors.
• Build Financial Models: create Excel simulations to forecast costs, savings, and repayment strategies.
• Research Your Sector: stay updated on trends in sectors/geographies and inform the team.
• Execute Deals: analyze revenues, debt profiles, review documents, and assist with offering statements.
• Prepare Client Presentations: assist in pitch books and proposals for clients.
• Develop Marketing Materials: design content explaining deals to buyers and investors.
• Join Client Meetings: participate in virtual and in-person meetings with municipal clients.

Skills

Analytical skills

Critical thinking

Communication

Microsoft Office

Education

Bachelor's degree in business/finance/math

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

DBC

Job description

Job Description Summary

Launch or continue to grow your career at the intersection of finance and infrastructure. As an Analyst or Associate in Municipal Public Finance, you’ll collaborate with experienced bankers to help state and local governments build our nation’s infrastructure and bring transformational projects to life — from transportation to energy and utilities to education to housing and real estate. Your work will span client engagement, financial modeling, credit rating preparation, investor presentations, proposals, and the drafting of securities offering documents. Expect to grow your analytical skills while contributing to high-stakes transactions that directly shape communities. You'll gain exposure across diverse sectors such as Education, Higher Education, Real Estate, Transportation, Utilities, Public Private Partnerships, and more. As your experience builds, so does your influence. You'll take on more strategic responsibilities, help structure deals, and deepen client relationships. The environment is fast-moving, intellectually challenging, and mission-driven — perfect for curious self-starters who want to see their efforts make a tangible difference.

Job Description

• Understand Government Finance: You’ll get to know how cities, states, and public institutions finance new initiatives and projects, analyzing their finances and figuring out ways they can improve.
• Pitch Creative Financing Ideas: You’ll help senior bankers brainstorm new ways local governments and private sector project sponsors can fund big projects, like buildings, utilities, airports, schools, hospitals, new community infrastructure, or transit systems.
• Build Financial Models: You'll dive into Excel to create financial simulations, helping forecast costs, savings, and repayment strategies for public projects and leverage artificial intelligence tools in your work.
• Research Your Sector: Stay updated on news, reports, and trends in your assigned industries and geographies, and keep the team informed about anything that might affect clients.
• Execute Deals: During financings, you’ll help analyze project revenues, create debt profiles, review legal documents, work on offering statements and assess refinancing and cash flow, all to make sure the financing makes sense.
• Prepare Client Presentations: Develop marketing skills by assisting in preparation of pitch books and proposals (RFPs) that help win business and communicate key information to clients.
• Develop Marketing Materials: Help design content that explains the deal or investment opportunity to prospective buyers and investors.
• Join Client Meetings: When possible, you’ll participate in both virtual and in-person meetings with municipal clients, developers and project sponsors to learn firsthand how deals come together and how relationships are built.

Knowledge Of/Interests In

• Fundamental investment concepts, practices and procedures used in the securities industry.
• Financial markets and products.
• Quantitative financial analysis and data modeling.
• Public policy

Skills

• Excellent analytical, critical thinking and problem solving skills sufficient to recognize and detect errors and offer resolution.
• Communicate effectively, both orally and in writing to all level of associates and clients.
• Intermediate to advanced proficiency with Microsoft Word, Excel, PowerPoint and DBC (preferably).

Ability To

• Analyze financial statements and outstanding debt.
• Develop the financial structure and prepare documents related to the public issuance or private placement of securities.
• Multi‐task and work in a fast‐paced, team‐oriented environment.
• Efficiently manage time and resources to solve quantitative and analytical challenges as they arise.
• Work under pressure created by time deadlines and work volume fluctuations.
• Communicate both orally and in writing, within all levels of the organization as well as external clients and other industry professionals.
• Work independently as well as collaboratively within a team environment.
• Work outside normal 8:00 am – 6:00 pm business hours.

Educational Requirements

• Bachelor's degree in business, finance, math or a related field.
• 1‐4 years of related experience.

Licenses/Certifications

• FINRA Securities Industry Exam (SIE), Series 52 License, Series 63 License, and Series 50 License within (12) months of hire.

Education

Bachelor’s (Required)

Work Experience

General Experience - 13 months to 3 years

Salary Range

$70,000.00-$120,000.00

Travel

Less than 25%

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions.

This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

• medical, dental, and vision
• life insurance
• critical illness insurance and accident insurance
• disability benefits
• retirement savings
• paid time off (including vacation, holidays, and sick leave)
• parental leave

We Expect Our Associates At All Levels To

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.