Ameriprise

Associate Investment Research Analyst – Municipal Bonds

Boston, Massachusetts Full time
We have a great opportunity to join our fixed income investment team as an Associate Municipal Bond Research Analyst. Candidates must have a strong desire to learn the US municipal bond market and will be expected to quickly develop an understanding of a wide breadth of municipal credit sectors. Successful candidates will leverage robust quantitative and qualitative analytical skills to compile and communicate research that informs investment decisions for a variety of tax-exempt bond strategies. We work in a collaborative environment, but this role requires the candidate to work independently on a high volume of investment opportunities with efficiency.

This role directly impacts our portfolios and the work you do will influence trades in the millions of dollars on a regular basis.

Key Responsibilities:

· Utilize data analytics, news aggregation, and other tools to monitor high quality credits across a variety of municipal bond sectors

· Complete more thorough reviews of flagged credits, putting key datapoints in context and elevating to senior analysts as necessary

· Maintain and enhance the muni analytics platform to drive efficiency and further our research analytics strategy

· Help maintain integrity of the municipal credit management system (Investortools – CreditScope) data

· Over time, a successful candidate will learn to think like a fixed income investor, assuming more responsibility for making and communicating internal rating/recommendation changes and contributing to team discussions focused on sector trends, key topics, and investment opportunities

Required Qualifications:

· 0-3 years relevant experience

· BA or BS degree that demonstrates intellectual ability and rigor

· A comfort level with quantitative tools and analytics or developing advanced quantitative skills

· Established and demonstrated work ethic and willingness to invest in their careers

· Strong organizational skills coupled with an ability to take initiative and work independently

· Proficient in Excel, Python/R, VBA or the equivalent.

· Basic understanding in SQL and other programming languages.

· The ability to integrate and function effectively on a team that places clients first and is dedicated to sustaining excellence.

About Our Company
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Base Pay Salary

The estimated base salary for this role is $100,000- $125,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Investment Management

Line of Business  

AMINV US Asset Management