Municipal Credit Analyst, Summer Intern

Summary:       The Municipal Credit Summer Intern will assist the BAM Surveillance team with the analysis of BAM-insured municipal issuers and credit trends in municipal credit market. The Analyst will report to the Head of Surveillance or senior member of the Surveillance team.

Build America Mutual’s Surveillance Department is a key component of the company’s risk management structure and culture. Analysts in this department are responsible for monitoring a portfolio of insured credits and developing expertise in identifying and evaluating emerging risks across specific sectors within BAM’s portfolio, which they will apply to individual credit reviews, as well as when presenting broader sector reports to the Surveillance Committee.

The successful candidate will conduct research and analyze emerging credit trends across municipal sectors. The intern will complete a written report on the research conclusions and present such report to BAM’s credit committee. The intern will also assist with ad hoc projects related to portfolio risk analysis.

Throughout the internship, the intern will collaborate with analysts in several departments and will have the opportunity to interact with management-level professional throughout BAM. At the conclusion of the internship, candidates will be considered for a full-time position in Build America Mutual’s Rotating Analyst Program, which commences the summer of 2022.

·      Expected undergraduate degree in Spring of 2022.

·      Strong analytic skills, modeling skills, excellent knowledge of Microsoft Word, Excel and PowerPoint and Outlook, exposure to accounting, statistics and economics, and an interest in public finance.

·      Excellent written and oral communication skills, advanced quantitative skills, ability to self direct their work and progress in the organization, team player with strong interpersonal skills, orientation for detail, and a desire to work in a fast-paced, entrepreneurial and growing organization.

Build America Mutual (“BAM”) is a financial guaranty mutual insurance company that is rated AA/Stable by Standard & Poor’s Rating Services. BAM is the bond insurance industry’s first mutual company and is engaged in providing credit enhancement for essential public purpose, municipal bonds issuers. BAM’s mission includes providing investors with durable, transparent protection against potential default while also providing efficient funding for municipal issuers in the US.