Municipal Credit Research Analyst

Bonus Type

Summary

For more than a century, BOK Financial Wealth Management has grown alongside its clients, establishing itself as a leader in the financial world with cutting-edge products that rival the biggest banks. Their dedication to building lasting relationships with both institutional and personal clients sets them apart. Committed to creating value, they offer diverse, personalized, and responsive services, along with innovative and value-added offerings, delivering excellence and fostering growth for investors, employees, and the community.

Job Description

The Municipal Credit Research Analyst will conduct fundamental credit research on municipal issuers, evaluate credit risk, monitor portfolio holdings, and work directly with portfolio managers to support investment decisions across a diversified municipal platform. The role offers meaningful exposure to credit research, portfolio management, trading, and the full investment process within a small, highly collaborative team environment.

Team Culture

Our team collaborates effectively to meet client objectives. We value everyone's perspectives and maintain a respectful environment where every voice is heard and appreciated. These principles create a cohesive, high-performing team that consistently delivers outstanding results for our clients.

How You'll Spend Your Time

• You will conduct fundamental credit analysis on municipal issuers, including states, local governments, school districts, utilities, and special districts, evaluating financial condition, debt burden, liquidity, economic trends, and long-term credit risks.
• You will review and interpret audited financial statements, budgets, official statements, continuing disclosures, and other issuer financial information.
• You will develop written credit opinions and internal investment memoranda that clearly identify key credit strengths, risks, trends, and investment considerations.
• You will perform financial analysis and maintain issuer-level credit surveillance tools in Excel to identify changes in financial condition and credit quality.
• You will manage, organize, and analyze portfolio data including performance metrics, duration, sector allocation, credit exposure, and risk characteristics.
• You will work directly with portfolio managers to evaluate new-issue and secondary-market municipal bond opportunities and contribute research and credit opinions to the investment decision-making process.
• You will monitor economic, legislative, regulatory, and sector-specific developments affecting municipal issuers and work with portfolio managers to assess their potential credit and investment implications.

Education & Experience Requirements

This level of knowledge is normally acquired through completion of a bachelor’s degree in accounting, finance, economics, or public policy and 0–2 years relevant experience or 3–7 years of equivalent work experience.  Licensing requirements may be obtained following employment.

• Strong proficiency in Microsoft Excel
• Demonstrated ability to analyze financial statements, budgets, debt disclosures, and economic and financial information
• Excellent financial analysis, critical thinking and problem-solving skills, with the ability to develop and communicate an independent credit view.
• Demonstrated interest in fixed income, municipal finance, credit research or capital markets research
• Strong written and verbal communication skills
• High level of attention to detail and organizational discipline

• Strong self-starter who works well independently
• Independent thinker with natural curiosity

Preferred:

• CFA candidate, MBA, MPA, or CPA
• Strong academic performance (GPA ≥ 3.5)
• Strong comprehension of financial statements and governmental accounting
• Familiarity with Bloomberg
• Coursework, internship or professional experience in fixed income, municipal finance, public finance, credit analysis, investement management or capital markets research