← Back to jobs

Municipal Securities Sales and Trading - Fixed Income - Analyst or Associate

Morgan Stanley
FULL_TIME Remote · US New York, NY, New York, US Posted: 2026-05-11 Until: 2026-07-10
Apply Now →
You will be redirected to the original job posting on BeBee.
Apply directly with the employer.
Job Description
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Securitized Products, and Municipal Securities. Professionals in FID assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Sales and Trading team is made up of a group of experienced municipal market professionals focused on providing exceptional services to the full complement of our clients. Qualified senior Analyst / Associate candidates will benefit from unique exposure to the municipal market through sales and trading activities. Qualified candidates will work with Public Finance investment bankers, internal risk functions, municipal syndicate, investors, and other capital markets professionals. Primary Responsibilities Liaison between clients/sales/trading/underwriting to properly resource and prepare clients for successful placement of MS primary Markets pipeline Create bespoke reports and analysis of MS Muni Market footprint including but not limited to, client specific flows and portfolios, analysis of clients market activity, analysis of relative value between various fixed income products, analysis of relative value between various sectors and structures of municipal bonds Engage strat and modeling team to give feedback and test new technologies prior to roll out to group Engage and face Morgan Stanley’s institutional client base to provide best in class client experience Learn and understand Morgan Stanley’s risk taking framework Learn and understand Morgan Stanley’s client financing business Learn, understand and explain Morgan Stanley’s municipal research and trade ideas and ultimately be proficient in presenting to clients Qualifications Developed understanding of the municipal market Minimum 1 year of experience in municipal debt capital markets, public finance or another applicable structured finance/fixed income role Strong analytical and quantitative skills with advanced proficiency in Microsoft Excel. Experience with programming languages such as Python or VBA are a plus. Excellent communication and presentation skills – written and verbal Curious, inquisitive, collaborative, attention to detail, analytical, self-starting, team-oriented Eager to use new technologies to enhance traditional municipal syndicate job functions Ability to perform in a fast-paced, dynamic environment and simultaneously manage multiple high priority projects What You Can Expect From Morgan Stanley At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $110,000 and $125,000 per year at the commencement of employment fo