PFMAM Arbitrage Rebate Analyst

About the Role

Financial Analyst in PFM Asset Management’s Arbitrage & Tax Compliance Group, based in Harrisburg, PA. PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc. This position offers opportunities to work closely with seasoned professionals in PFMAM’s and USBAM’s local government investment pool (LGIP) and investment advisory businesses. Individuals in this role are self-motivated, highly organized, possess strong interpersonal skills, and have demonstrated success working directly with and supporting internal and external clients.

Key Responsibilities

• Learn and gain knowledge of arbitrage rebate regulations and compliance requirements of tax-advantaged debt issuers.
• Onboard new client accounts, including collecting bond documents and related new account forms.
• Ensure new bond issues are added to the team’s database and reporting tickler.
• Prepare tax compliance calculations and reports for PFMAM clients.
• Create cash flow analyses, expenditure allocation analyses, and related analyses.
• Perform data entry or use Excel query tools to capture data needed in calculation models.
• Review bond documents.
• Serve as a resource to internal management and marketing staff.
• Work on additional tax compliance or investment management projects.
• Collaborate with the Client Services Group to ensure smooth onboarding of new clients and fulfill the needs of current clients.
• Assist with the preparation of reports and other materials for clients at meetings.
• Support sales, marketing, and service activities.

Requirements & Tech Stack

• Bachelor's degree, or equivalent work experience.
• Strong working knowledge of Microsoft Office applications including Word, Excel, and PowerPoint.
• Familiarity and comfort working daily with Excel models.

Qualifications

• Client-facing work experience.
• Excellent quantitative skills.
• Experience working with public sector entities and/or other non-profit institutions.
• Ability to manage multiple tasks and adapt to a changing, fast-paced environment.
• Ability to operate successfully in a team environment.
• Demonstrates unwavering integrity and instills confidence in others.
• Desire to improve processes, take initiative, and solve problems.
• Strong quantitative, problem-solving, and analytical skills.
• Strong customer orientation.
• Detail-oriented with strong time management and organization skills.
• Enthusiastic, 'can-do' attitude.

Preferred Skills/Experience (pluses but not required):

• Prior experience or knowledge of accounting for fixed income investments.
• Cash and securities reconciliations.
• Bond math calculations.
• Tax-exempt bond documents.
• CPA license.
• Knowledge of money market instruments, short and intermediate term fixed income investments, and equity and fixed income funds.
• Independent, self-motivated, and proactive with a desire to succeed and grow within the firm.
• Excellent communication and interpersonal skills; develops effective written correspondence; actively listens to others.

Work Schedule:

• Hybrid/flexible schedule: 3 or more days in-office per week.