The Municipal Trading Operations Analyst is responsible for supporting municipal competitive and negotiated underwriting deal processing, execution, and settlement. The ideal candidate will work closely with all members of the internal deal team including underwriters, investment bankers, sales and operations, as well as external partners including bond counsel, municipal advisors, and syndicate members to ensure timely, accurate and compliant execution of transactions. This role offers an excellent opportunity to learn about the municipal securities business. Additionally, you may participate in special projects to drive process improvement.
Duties and Responsibilities:
Support day- to-day operations of the institutional municipal underwriting desk. Duties include, but are not limited to:
Input new issue information into Deals Database and Ipreo Municipal Bookbuild
Order CUSIPs for competitive and negotiated deals
Ensure accuracy of deal data and ticket information in Ipreo, Bloomberg, and Deals Database
Communicate pre-sale good faith notification emails to internal partners. Coordinate good faith and closing wires
Review deal file checklist for all transactions and prepare deal files for closure
Process MSRB G-11 Syndicate Settlements
Process Private Placements settlements
Assists in the reviewing of official statements, bond purchase agreements, issue price certificates and closing memos as needed
Distributing offering material for competitive and negotiated offerings
Assist with recordkeeping, revenue tracking, and expenses for all transactions
Work with sales and trading desk to ensure smooth execution of transactions including interacting with operations
Maintain adherence to firm policies and procedures
Support broader Operations and Capital Markets initiatives
Regulatory Submissions
Conduct continuing disclosure lookbacks on Issuers for negotiated or competitive underwritings
Complete Form G-32 Filings
Assist with Risk and Audit requests and inquiries
Basic Qualifications:
High School Diploma or equivalent
2 or more years fixed income trading, fixed income operations, or similar experience
Preferred Qualifications:
FINRA Series 52 or ability to obtain within 6 months of employment
Experience in fixed income securities
Proficient with Bloomberg TOMS and Ipreo Municipal Bookrunning systems
Ability to manage multiple priorities in a fast-paced environment; adaptive to change
Ability to create and foster strong partnerships with internal and external business partners
Detail oriented with strong organizational and time management skills
Excellent critical thinking and problem solving skills to identify issues and assist with resolution.
Strong written and verbal communication
Proficient with Microsoft Office products (Word, Excel, PowerPoint)
#LI-Hybrid
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Workplace Type:
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
This employer will not sponsor applicants for the following work visas: F-1 student, H-1B worker, O-1 worker, TN worker, E-3 worker. Applicants must be currently authorized to work in the United States on a full-time basis.