Credit Research Analyst, Municipals

Credit Research Analyst, Municipals page is loadedCredit Research Analyst, MunicipalsApply locations Newport Beach, CA USA | full time | posted on Posted 27 Days Ago | job requisition id R104213PIMCO is a global leader in active fixed income with expertise across public and private markets. We invest clients’ capital across various fixed income and credit opportunities, leveraging decades of experience in complex debt markets. Our flexible capital base and strong issuer relationships make us one of the largest providers of traditional and innovative financing solutions for companies and investors seeking strong risk-adjusted returns.Since 1971, our high-performance, inclusive culture celebrates diverse thinking. We invest in our people, embodying our CORE values of Collaboration, Openness, Responsibility, and Excellence. We aim to help others succeed, which has established PIMCO as an industry innovator, thought leader, and trusted advisor worldwide.PIMCO employs over 2,300 professionals across 12 countries, dedicated to managing risks and generating returns. We foster performance and leadership through empowering our people, embracing diversity, and engaging with our global communities.Position DescriptionWe are seeking a Municipal Credit Research Analyst to support growth in tax-exempt assets under management. Based in Newport Beach, CA, the Analyst will work in a dynamic environment alongside Portfolio Managers and other credit Analysts. While focused on Municipal assets, you will be part of our global research team, collaborating across asset classes and with Portfolio Managers.ResponsibilitiesCover one or more sectors within U.S. public finance, focusing on high-yield asset classes.Develop financial models emphasizing debt sustainability and credit analysis.Analyze political and policy impacts on credit fundamentals.Report on tax policy and municipal issuer accounting changes.Provide investment recommendations to portfolio managers.Proactively communicate investment ideas.Produce reports and presentations.Engage with clients or client service teams as needed.Collaborate with other firm areas, including corporate credit analysts, to source cross-asset investment ideas.Position Requirements5-15 years of relevant public finance credit analysis experience, including work at buy-side/sell-side firms, federal agencies, or municipal treasurer offices.Experience with municipal high-yield assets and distressed situations.Knowledge of sectors like MSA/tobacco, dirt deals, assisted living, student housing, charter schools, retail.Strong academic background; MBA, JD, CFA preferred.Deep understanding of fixed income products, including tax-exempt and taxable.Solid skills in fixed income mathematics, statistics, or economics.Ability to assess credit, risk, and valuation judgements.Market knowledge for appropriate analysis depth.Ability to work independently and make decisions with limited information.Excellent communication skills—written and oral.Passion for long-term credit analysis career and portfolio contributions.BenefitsComprehensive benefits including medical, dental, vision from day one.401k retirement plan.Flexible work, parental leave, educational reimbursement, and community involvement.Compensation includes a base salary ($187,000 - $305,000) and discretionary bonus based on performance.EEO & Affirmative ActionWe hire without regard to race, religion, sex, age, veteran status, disability, or other protected classes, complying with applicable laws.Disability AccommodationWe provide reasonable accommodations for qualified individuals with disabilities. Contact us at 949-720-7744 for assistance with the application process.Active management is our responsible investment approach, with 50 years of market-tested strategies to help investors pursue objectives in shifting conditions.Our investment process fosters diverse ideas and perspectives, aiming to give clients an edge through innovation. #J-18808-Ljbffr