Fixed Income Junior Underwriter

At Piper Sandler, we connect capital with opportunity to build a better future. We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.

• Assist the Senior Underwriter with daily market tracking, new issue execution, and transaction‑related administrative tasks.
• Develop the ability to clearly express market views, pricing opinions, and transaction recommendations; act as a professional point of contact for bankers, analysts, sales professionals, and external market participants.
• Assist with Ipreo‑related responsibilities, proof new issue wires, compile allocation sheets, and coordinate with internal teams to ensure accurate execution.
• Prepare concise credit summaries for competing bond sales; monitor daily market trends, investor demand, and pricing dynamics to support scale‑writing and transaction positioning.
• Collaborate with banking analysts to gather market data for RFP responses and assist in preparing materials for client discussions and pricing updates.
• Meeting & Schedule Requirements:
  • Attend 5:00 a.m. PT underwriting calls, Monday through Thursday, at 50 California Street.
  • Participate in the Monday California banker call (8:30 a.m. PT) and the national banking call (9:00 a.m. PT).
  • Maintain flexibility during active pricing periods and periods of elevated market activity.

• Education:
  
  Bachelor’s degree in Finance, Economics, Accounting, Business, Mathematics, or a related field.
• Experience/
  
  Skills:
  
  2 years of relevant experience is preferred; strong interest in municipal finance and fixed income; proficiency in Microsoft Excel, Word, and PowerPoint.
• Attributes:
  Outgoing, confident, and persuasive communicator; high attention to detail; strong organizational skills; ability to manage multiple tasks under time‑sensitive deadlines.
• Licensing:
  Series
  52, Series7, or other securities licenses are preferred but not required at the time of hire.

This role provides direct exposure to the full municipal underwriting process. The successful candidate will work closely with the Senior Underwriter to develop the technical, analytical, and market judgment skills necessary for long‑term growth within the firm. Over time, the candidate will be expected to form independent market views and represent the desk professionally in all internal and external interactions.

The anticipated starting salary range for individuals expressing interest in this position is $105,000 - $150,000 per year. Placement within this range is dependent upon level of experience, location and other factors. This position is eligible for annual incentive compensation which will be a part of the total compensation.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.