Quantitative Analyst, Public Finance

D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning 90 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better. Just as we work to improve our clients’ financial well-being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.Summary/Function: The Quantitative Analyst supports Fixed Income Capital Markets by providing financial modeling, analytical support, pricing, and quantitative insights within the Development Finance Group for public finance and structured transactions. This role is hands-on, production-oriented, and designed for an individual capable of operating as a senior contributor within the quant group and investment banking team. This role is designed for individuals with modeling skills for debt transactions who is ready to work with the Development Finance Team on financings across the nation.The position partners closely with bankers, traders, and senior leadership to support deal execution, debt service analysis, structuring, and client deliverables.Qualifications:Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Engineering, or a related field3+ years of experience in public finance, fixed income, structured products, or quantitative financial analysisDemonstrated ability to function as a senior or near senior quant without extensive ramp upStrong understanding of municipal bond structures, debt service mechanics, and pricing conventionsAdvanced proficiency in Excel (complex formulas, scenarios, DBC experience is a plus)Experience with financial modeling software, databases, or coding is beneficialAbility to manage multiple live priorities in deadline-driven environmentsStrong analytical and quantitative reasoning skillsHigh attention to detail, accuracy, and internal quality controlAbility to communicate complex analyses clearly to non-quant stakeholdersSound judgment under pressureCollaborative mindset with strong service orientation to bankers and clientsProfessional discretion and reliabilityExperience supporting development finance, housing, public finance, or specialty finance sectorsInterest in growing into broader responsibilities over timeDuties:Build, audit, and maintain cash flows for debt models, pricing models, and sensitivity analysis for transactionsSupport new-issue pricing, refunding analyses, and scenario modeling across client dealsAssist bankers with structuring solutions, yield calculations, debt service schedules, and alternative financing comparisonsProvide quantitative support during live transactions, including rapid-turn analyses under tight deadlinesIncorporate feedback from traders and bankers to evaluate market conditions, investor demand, and relative valueReview, analyze, and validate assumptions used in offering materials and client presentationsSupport ongoing internal tools, templates, and model enhancements to improve efficiency and consistencyCollaborate across quant and banking teams to balance workload during peak periodsEnsure analytical work is accurate and meets internal and regulatory expectationsWhy this position:High-visibility seat within Fixed Income Capital Markets with a growing and dynamic team specializing in Development Finance nationwideDirect exposure to live transactions, senior banking, and senior leadershipOpportunity to make immediate impact during a period of strong deal flow and demandAt D.A. Davidson, we are committed to fostering a diverse environment that supports the development and inclusivity of all employees.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.ACKNOWLEDGMENTPlease answer all questions carefully. 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