The Opportunity :
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices across the country, Mesirow serves clients through capabilities spanning Private Capital & Currency, Capital Markets and Investment Banking, and Advisory Services.
Mesirow's Public Finance Division was created to assist municipal debt issuers in optimizing their limited resources in an environment of increasing demand for services. Today, we continue to build on our solid reputation for developing innovative financing structures. We are currently seeking an Analyst to join our Public Finance Team.
Responsibilities :
- Develop financial models based on client's financing needs using available financial products.
- Prepare correspondence, marketing information, and presentations for senior bankers.
- Draft, edit, and organize responses to formal solicitations (for RFP's) by state and local governments.
- Research and compile market data relating to prior or future transactions.
- Schedule calls and meetings among the team and interact with lawyers, accountants, verification agents, rating agencies, and insurers to coordinate the deal process.
- Ensure data is updated and entered into DBC Finance software and other relevant tools. This includes financial forecasting, cash flow analysis and bond sizing.
- Performs all financial calculations and revisions during assigned bond pricings. Verifies accuracy of final pricing, receives underwriter sign-off and ensures distribution of final schedules to internal parties.
- Critically read and analyze legal documents.
- Monitor market conditions to apply new financing and optimization strategies based on client's financing needs. Maintain database of refunding opportunities.
- Perform other duties and special projects as assigned.
Requirements :
0 to 3 years of public finance / municipal bond work experience preferred.Bachelor's degree required, overall GPA must be 3.4 or better.Must be willing to obtain the Series 52 within 6 months from the date of employment, or as soon as possible.Fluency in Microsoft Excel and other Microsoft applications, including PowerPoint.Knowledge of DBC Finance software preferred.Strong professional communication and inter-personal skills, and the ability to succinctly express complex ideas both orally and in writing.Proficiency in managing multiple project-oriented tasks effectively and in a timely manner with exceptional attention to detail.Ability to work independently while being team-oriented, prioritize tasks, react to changes, and solve critical issues.Must possess the aptitude and interest in learning Federal Tax Law as well as statutory financing rules and regulations to be successful in the role.Qualified candidates must possess a high level of motivation, initiative, and leadership potential.In accordance with the Illinois Pay Transparency Law, the anticipated hiring base salary for the role will be between $70,000 and $100,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a bonus and the Mesirow benefit program.
EOE
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.