At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

We are seeking a Research Analyst -Associate- Fixed Income to join our fixed income team. The analyst will be supervised and mentored by the Director of Municipal Credit Research while conducting municipal credit research and analysis in support of institutional client portfolios.

Primary Duties

• Develop municipal sector credit expertise
• Conduct in-depth qualitative and quantitative fundamental analysis to assess credit and market risks for assigned investment grade issuers and sectors
• Municipal budget and tax analysis, financial statement modeling and synthesis of municipal sector developments and market news flow
• Provide, maintain, document, and communicate proprietary credit assessments to inform portfolio management decisions and to comply with regulatory requirements
• Monitor assigned issuers and sectors, as well as the broader municipal market, for changes in risk factors
• Actively engage with municipal credit team and portfolio managers, and participate in portfolio- and credit meetings
• Perform related ad hoc projects and requests

Basic Qualifications

• Bachelor's degree in business, Finance, Economics, Public Policy or related field, or equivalent experience
• One to three years of experience in investment and securities industry

Preferred Skills/Experience

• Knowledge of fixed-income markets and securities, financial analysis techniques and credit rating factors
• Basic understanding of institutional investment management
• Ability to analyze economic and market conditions
• Ability to work independently
• Effective verbal and written communication skills
• Solid understanding of accounting, finance, and investment principles
• Rigorous attention to detail and demonstrated ability to synthesize a variety of factors and prioritize effectively
• Demonstrated intellectual curiosity and desire to learn
• Strong proficiency with Excel and Word, Bloomberg a plus

U.S. Bancorp Asset Management (www.usbancorpassetmanagement.com) is a Minneapolis-based firm (division of U.S. Bancorp, NYSE:USB) with more than $377 billion in assets under management. Focusing on short-term fixed-income investment-grade strategies, it manages separately managed accounts for institutional investors, is advisor to the First American Funds family of money market mutual funds and administers the securities lending program of U.S. Bank National Association.

Hybrid/Flexible schedule:

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $90,100.00 - $106,000.00 - $116,600.00Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.