Municipal Analyst / Trader

Although we value experience and skills, we also care about who you are. We strive to surround ourselves with good people that share our values, that work hard, and that support each other as a team and as individuals.

Job Description

Kayne Anderson Rudnick Investment Management, a Registered Investment Advisor based in Los Angeles, is currently searching for a Municipal Analyst / Trader.

The Municipal Analyst / Trader is primarily responsible for analysis of prospective municipal bond credits in trading situations as well as ongoing surveillance of credits held in portfolio, contributing to discussions around asset allocation and portfolio construction and economic views.

The Municipal Analyst / Trader will also be responsible for trading taxable and municipal fixed income securities.

DUTIES AND RESPONSIBILITIES :

• Perform fundamental credit analysis on an initial and ongoing basis for investment grade municipal credits across the spectrum of municipal sectors for tax-exempt and taxable bond portfolios
• Make security and sector positioning recommendations to the Municipal Team based on fundamental credit and relative value analysis
• Perform surveillance of existing holdings to determine if changes in security positioning are necessary
• Work on special projects as needed
• Provide support to marketing / compliance / operations as needed
• Monitor developments that affect the municipal market (legislation, rating agency views, court cases
• Sourcing and trading both taxable and municipal fixed income securities

IDEAL QUALIFICATIONS :

The starting salary range is $115,000 to $155,000.

The starting salary range will vary based on the applicant's education, experience, skills, abilities, geographic location, internal equity, and alignment with market data. This position is also eligible to participate in the company's annual incentive plan.

BENEFITS :

We offer a variety of benefits that support employees and their families in maintaining all aspects of health and wellness. We pride ourselves on offerings that encourage work-life balance and support the needs and goals of the team.

KAR is made up of diverse, talented, and passionate employees working together to achieve a common and rewarding goal : providing high quality investment strategies and wealth solutions for our clients.

Awarded Best Firm Culture at the 2022 PAM Awards, KAR maintains a team-oriented culture of accessibility, open communication, and respect. We believe in empowering and growing our people and are excited to be hiring.

KAR is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

For additional information on Kayne Anderson Rudnick, please access the firm's web site at www.kayne.com