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 field
- 3+ years of experience in public finance, fixed income, structured products, or quantitative financial analysis
- Demonstrated ability to function as a senior or near senior quant without extensive ramp up
- Strong understanding of municipal bond structures, debt service mechanics, and pricing conventions
- Advanced proficiency in Excel (complex formulas, scenarios, DBC experience is a plus)
- Experience with financial modeling software, databases, or coding is beneficial
- Ability to manage multiple live priorities in deadline-driven environments
- Strong analytical and quantitative reasoning skills
- High attention to detail, accuracy, and internal quality control
- Ability to communicate complex analyses clearly to non-quant stakeholders
- Sound judgment under pressure
- Collaborative mindset with strong service orientation to bankers and clients
- Professional discretion and reliability
- Experience supporting development finance, housing, public finance, or specialty finance sectors
- Interest in growing into broader responsibilities over time
Duties:
- Build, audit, and maintain cash flows for debt models, pricing models, and sensitivity analysis for transactions
- Support new-issue pricing, refunding analyses, and scenario modeling across client deals
- Assist bankers with structuring solutions, yield calculations, debt service schedules, and alternative financing comparisons
- Provide quantitative support during live transactions, including rapid-turn analyses under tight deadlines
- Incorporate feedback from traders and bankers to evaluate market conditions, investor demand, and relative value
- Review, analyze, and validate assumptions used in offering materials and client presentations
- Support ongoing internal tools, templates, and model enhancements to improve efficiency and consistency
- Collaborate across quant and banking teams to balance workload during peak periods
- Ensure analytical work is accurate and meets internal and regulatory expectations
Why this position:
- High-visibility seat within Fixed Income Capital Markets with a growing and dynamic team specializing in Development Finance nationwide.
- Direct exposure to live transactions, senior banking, and senior leadership
- Opportunity to make immediate impact during a period of strong deal flow and demand
At 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.
ACKNOWLEDGMENT
Please answer all questions carefully. By submitting this application for employment, I certify that all of the above information is true and complete and I understand that any falsification or omission of information made by me may disqualify me from further consideration for employment or, if hired, may result in my termination of my employment at any time during the period of my employment, regardless of the amount of time that has passed. California applicants, please see D.A. Davidson’s California Resident
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