Bond Arbitrage Rebate Analyst

Also called: Tax-Exempt Bond Compliance Analyst, Arbitrage Compliance Specialist

Checks whether cities and schools earned too much interest investing tax-free bond money, which by law must be paid back to the IRS.

A day in the life

A city borrowed $50 million tax-free to build a library but invested the money for two years first. You calculate the interest earned versus the bond's rate and find $120,000 in 'excess' that must go to the IRS. You also help 200 other issuers spend money on time to avoid the rule.

Pay over a career

Starting
$58k
Typical
$85k
High
$125k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance, accounting or math.

Ways in: 4-year college, On-the-job training. Training cost: $15k – $60k.

Majors to look at: Finance, Accounting, Mathematics.

Outlook

Growing about average. Required for most tax-exempt bonds; few specialists.

Will it last? Our AI estimate

Medium risk for 10 years. Software runs the yield math; reading tax rules and advising issuers stays human.

Start now, in high school

Classes: Algebra II, Accounting, Economics.

Official data: O*NET occupation 13-2082.

More Public & Government Finance careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.