Senior Analyst, Municipal Credit

TAL Life LTD; New York (NY); Hybrid; USD 90,000 - 110,000; Full time

Benefits offered by this job

Wellness Account

Reimbursement for certifications & dev

Employee Share Purchase Plan (ESPP)

Performance-based rewards

Telemedicine access

Summer schedule with reduced Friday</p

Job summary

Fiera Capital is seeking a Municipal Credit Analyst to support investment decisions across municipal bond portfolios. You will conduct credit analysis, develop actionable investment recommendations, and monitor portfolio holdings to provide timely insights to investment stakeholders.

The role requires 2+ years in municipal credit analysis, a finance/economics-related degree, and strong communication skills. Hybrid work in New York with a competitive compensation package.

Qualifications

• 2+ years of municipal credit analysis experience.
• Bachelor’s degree in finance, economics, public policy, accounting, or related field.
• Strong financial statement analysis skills; CFA designation is an asset.
• Solid understanding of municipal securities documents.
• Ability to synthesize complex financial, demographic, and sector information into clear investment views.
• Excellent written and verbal communication skills, with the ability to present credit opinions clearly.
• Proficiency in Excel; Bloomberg and Investortools are assets.

Responsibilities

• Conduct in-depth credit analysis across investment grade municipal sectors.
• Develop and present investment recommendations for municipal bonds.
• Analyze portfolio holdings to assess credit quality and risk exposures.
• Perform sector reviews, identify risks, trends, and relative value.
• Provide prompt responses to portfolio managers and traders.

Skills

Municipal credit analysis

Analytical thinking

Communication skills

Financial statement analysis

Education

Bachelor's degree in finance/economics/public policy/accounting

Tools

Excel

Word

Bloomberg

Investortools

Job description

Who We Are

Fiera Capital is a global independent asset manager with an entrepreneurial culture and a clear vision: to deliver disciplined, high-conviction investment solutions that create lasting value for our clients. From our Canadian roots to a global firm, we are defined by deep investment expertise, an ownership mindset, and enduring client partnerships. Our actions are guided by our core values: we lead with integrity, think critically, act decisively, innovate with purpose, collaborate with intent, and adapt with agility. We are committed to building a purpose-driven, performance-oriented culture where our employees are supported to grow, contribute, and excel.

What we are looking for:

The Fixed Income Credit Research team is looking to hire a Municipal Credit Analyst to contribute to the firm’s municipal credit research capabilities. The successful candidate will work closely with the credit team, portfolio managers, traders, and additional stakeholders to support investment decision-making across municipal bond portfolios. This individual will be responsible for conducting thorough credit analysis, developing thoughtful investment recommendations, monitoring portfolio holdings, and providing timely insights on municipal issuers, sectors, and market developments. The role requires strong analytical skills, a solid understanding of municipal credit fundamentals, and the ability to communicate clear, actionable views to investment stakeholders.

Your responsibilities:

• Conduct in-depth credit analysis across investment grade municipal sectors.
• Develop and present investment recommendations related to the purchase and sale of municipal bonds.
• Analyze portfolio holdings for existing and perspective clients to assess credit quality, risk exposures, and potential opportunities.
• Perform sector reviews, identifying emerging risks, trends, and relative value considerations.
• Provide prompt responses to portfolio manager and trader inquiries.
• Maintain credit records with a high degree of accuracy and attention to detail.

Must have requirements to be successful in this role:

• 2+ years of experience in municipal credit analysis, with broad knowledge across multiple municipal sectors.
• Bachelor’s degree in finance, economics, public policy, accounting, or another related field.
• Strong financial statement analysis skills; progress toward or completion of the CFA designation is considered an asset.
• Solid understanding of municipal securities documents.
• Ability to synthesize complex financial, demographic, and sector information into clear investment views.
• Excellent written and verbal communication skills, with the ability to present credit opinions clearly and confidently.
• Strong work ethic, intellectual curiosity, and ability to learn quickly in a fast-paced investment environment.
• Proficiency in Excel, Word, and prompting of large language models; knowledge of Bloomberg and Investortools is considered an asset.
• Strong attention to detail and a disciplined approach to research, analysis, and documentation.
• Collaborative team player with strong interpersonal skills and the ability to work effectively under pressure.

Additional Information:

Our workplace model includes 4 days a week in the office, Monday through Thursday. The salary range for this position is $90,000 - $110,000. This role is also eligible for additional compensation, including bonuses and employee benefits. This salary range is for New York. Position opening reason: Replacement. #LI-Hybrid

What we offer:

• Wellness Account to support your physical, mental, and financial well-being.
• Learning & Development support through reimbursement of eligible certifications and professional development programs.
• Employee Share Purchase Plan (ESPP) with employer matching to help you build long‑term financial value.
• Performance-Based Rewards through competitive bonus and commission opportunities.
• Telemedicine Access for convenient healthcare and mental health support.
• Summer Schedule Program offering additional flexibility, including reduced Friday hours during the summer month

For roles based in Quebec (Montreal and Laval), proficiency in spoken and written French is required. A working knowledge of English is also necessary to collaborate with our global teams and clients.

At Fiera Capital, we believe our people are our greatest strength.

We are committed to fostering an inclusive and equitable workplace where everyone can grow, contribute, and reach their full potential.

We are proud to be an equal opportunity employer and welcome applications from candidates of all backgrounds.

We do not tolerate any form of discrimination or harassment.

All employment decisions, including hiring and promotions, are based on merit, skills, performance, and business needs.

Accommodations are available upon request throughout the recruitment process.

To protect your information, please note that Fiera Capital uses a secure platform to collect sensitive information during the hiring process.

We thank all applicants for their interest; however, only those selected for an interview will be contacted.

With approximately CAD $160.2 billion in assets under management as of March 31, 2026, Fiera Capital, an independent firm, is one of Canada’s leading investment managers. We deliver customized multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia. We strive to be at the forefront of investment-management science, and we are passionate about creating sustainable prosperity for clients. Fiera Capital is recognized for our talented people. Our teams collaborate and seek to draw on the global industry’s most innovative and diverse offerings to craft strategies that meet the needs of any client, anywhere they are located.