Public Finance Investment Banking Associate

Morgan Stanley; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

Morgan Stanley’s Public Finance Investment Banking team seeks an Associate to provide investment banking services to national public sector issuers, housing, not-for-profit healthcare and tax-exempt projects. You will craft materials, run cash flow analyses and support debt financing strategies in a collaborative, high‑impact environment.

The role requires an understanding of public finance banking or advisory services and a Bachelor’s degree, with advanced Excel knowledge and proficiency in

Qualifications

• Experience in public finance banking or financial advisory services.
• Advanced knowledge of MS Excel (preferred), DBC and familiarity with Word/PowerPoint.
• Strong work ethic, collaborative, ability to multi-task.
• Bachelor’s degree

Responsibilities

• Provide investment banking services to the largest issuers nationwide in the public sector, housing, not-for-profit healthcare, and tax-exempt structured finance groups.
• Prepare and execute live transactions, including crafting rating agency, investor roadshow, and sales memorandum materials.
• Prepare marketing materials, from product pitches based on market dynamics to responses and proposals.
• Perform cash flow analyses to evaluate debt financing alternatives.
• Update credit models and conduct peer credit analysis.
• Monitor debt portfolios and identify opportunities for refinancing or restructuring.
• Research and analyze market data to share insights with clients.
• Field and respond to client inquiries, including travel for client meetings and conferences

Skills

Public finance banking

Financial advisory

Advanced Excel

Word/PowerPoint

Education

Bachelor’s degree

Tools

Excel

DBC

Word

PowerPoint

Job description

Morgan Stanley’s Public Finance Investment Banking team seeks an Associate to provide investment banking services to national public sector issuers, housing, not-for-profit healthcare and tax-exempt projects. You will craft materials, run cash flow analyses and support debt financing strategies in a collaborative, high‑impact environment.

The role requires an understanding of public finance banking or advisory services and a Bachelor’s degree, with advanced Excel knowledge and proficiency in