Overview
Associate – Investment Banking – Public Finance
Location : Chicago
Full / Part-Time : Full-Time
FLSA Status : Exempt
Equal Employment Opportunity Employer
Salary Range : $110,000 - $160,000
Loop Capital is a full-service investment bank, brokerage, asset management and advisory firm that provides creative capital solutions for corporate, governmental, and institutional entities across the globe. Loop Capital and its affiliates serve clients in fixed income asset management, corporate and public finance, financial advisory services, tax exempt and global equity sales, trading and research, analytical services and financial consulting services. Loop Capital values diversity and inclusion, professional growth opportunities, purpose driven work and a collaborative and innovative culture.
Loop Capital offers a comprehensive benefits plan which includes medical, dental, vision, disability and life insurances; Paid Holidays; Paid vacation, sick and personal days; and retirement plan.
Position Summary
The objective of this position is to support senior bankers on all aspects of business development, deal acquisition and train / manage analysts and interns. Associates assist in revenue generation by providing client coverage, relationship management, deal management and execution, creating client presentations, managing the request for proposals (RFPs) process and assist in completing regulatory and compliance duties.
Essential Duties And Responsibilities
- Work with team to plan, analyze and develop complex financial debt and rating agency strategies for clients, including state and local governments, healthcare organizations, higher education and cultural institutions, transportation and housing entities
- Develop innovative financing structures for public finance clients
- For senior managed deals, execute transactions (analyzing and structuring debt, coordinating financing team members, due diligence activities, analyzing legal documentation)
- Restructure transactions to reduce client debt costs
- Perform quantitative analysis for new money and refundings using variable and fixed rate debt, current interest bonds, capital appreciation bonds and general obligation and revenue credits
- Interact with financial advisors, law firms and credit rating agencies
- Prepare proposals and make presentations to prospective clients
- Oversee creation of investor presentations and coordination of investor tours
- Mentor and train interns and analysts
Qualifications
Securities Industry Essentials (SIE), Municipal Securities Representative (Series 52), and the Uniform Securities Agent State Law (Series 63) are required for this role.Bachelor's degree from a four-year college / university or equivalent combination of educationBachelor’s degree and / or coursework in Economics, Finance, Business, Mathematics, Engineering or any science is preferredPrevious work experience within the Municipal investment banking industry in Capital Markets or Public Finance is preferredQuantitative Skills
Effective project management skillsProficiency with Microsoft Office (Excel, PowerPoint, Word, etc.)Previous experience working in a team-based environmentStrong communication skills (verbal, written and active listening)Detail-oriented and results drivenAbility and willingness to think through problems / critical thinking skillsExcellent quantitative, qualitative and research skillsStrong work ethicSelf-motivated and confident; ability to work with minimal supervisionStrong customer service and relationship building skillsAbility to exercise discretion in handling confidential informationAbility to work with all levels of employees and clientsWillingness to work outside of a 9 : 00 am to 5 : 00 pm schedule and on weekendsReferral note : Referrals increase your chances of interviewing at Loop Capital.
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