Investment Banking Analyst - Municipals
At a glance
Mid-level Investment & Corporate Development role at Jefferies. Dallas · full-time · $110,000–$125,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Model municipal bond financings and compare borrowing scenarios with debt capacity and capital plans
- Help move taxable and tax-exempt bond deals, refundings and other public financings toward completion
- Prepare client presentations, pitch books and proposal responses, and examine issuer finances and credit
- Work through diligence with clients, bond counsel, rating agencies and underwriters to keep transactions moving
- Track municipal market and rate shifts, research public sectors, and update transaction records
What you bring
- A bachelor’s degree in finance, accounting, economics or a related discipline
- Strong quantitative judgment and the ability to build financial models and present findings
- Advanced command of Microsoft Excel and PowerPoint
Who this fits
This role suits an early-career analyst interested in municipal finance and public-sector capital markets. Related experience in banking, public finance, municipal advisory, accounting, consulting or capital markets is preferred. The role is based in Dallas and includes business development across Texas and the broader Southwest.
From the employer
Investment Banking Analyst - Municipal Finance
Location: Dallas, TX
Business Unit: Municipal Finance Investment Banking
Position Summary
Jefferies is seeking a highly motivated Investment Banking Analyst to join its Municipal Finance team in Dallas. The Analyst will work closely with senior bankers in providing strategic advisory and capital markets solutions to municipal issuers, governmental entities, nonprofit organizations, higher education institutions, healthcare systems, transportation agencies, and other public sector clients.
The Analyst will play an integral role in transaction execution, financial analysis, debt structuring, client presentations, and business development initiatives. This position offers significant exposure to senior professionals, clients, and complex financing transactions across the municipal capital markets landscape.
Primary Responsibilities
- Conduct detailed financial analysis and quantitative modeling related to municipal bond financings and capital market transactions.
- Assist in the execution of tax-exempt and taxable bond offerings, refundings, and other public finance transactions.
- Prepare financing scenarios, debt affordability analyses, and capital planning models.
- Develop pitch books, client presentations, requests for proposal (RFP) responses, and marketing materials.
- Analyze municipal issuer financial statements, budgets, economic data, and credit profiles.
- Support due diligence efforts and coordinate transaction processes with clients, bond counsel, rating agencies, underwriters, and other stakeholders.
- Monitor municipal market conditions, interest rate trends, and regulatory developments.
- Conduct industry and sector research on education, healthcare, transportation, utilities, housing, and local government issuers.
- Maintain transaction databases and support business development opportunities across Texas and the broader Southwest region.
- Participate in client meetings, financing discussions, and strategic planning engagements.
Qualifications
- Bachelor's degree in Finance, Accounting, Economics, Business Administration, Public Policy, Mathematics, or a related field.
- Strong academic record with demonstrated analytical ability.
- 1 to 2 years of experience in investment banking, public finance, municipal advisory, accounting, consulting, or capital markets preferred.
- Advanced proficiency in Microsoft Excel and PowerPoint.
- Strong quantitative, financial modeling, and presentation skills.
- Excellent written and verbal communication abilities.
- Strong attention to detail and commitment to accuracy.
- Ability to manage multiple projects and meet deadlines in a fast-paced environment.
- Demonstrated interest in municipal finance and public sector capital markets.
Preferred Qualifications
- Coursework or experience related to public finance, fixed income markets, economics, or governmental accounting.
- Exposure to municipal bond financing structures and credit analysis.
- Familiarity with Bloomberg, Capital IQ, DBC Finance, MuniOS, or similar financial platforms.
- Progress toward CFA, Series 52, Series 63, or other relevant securities licenses is a plus.
Salary Range of $110,000-$125,000