Quantitative Associate - Piper Sandler & Co.
Salt Lake City, UT 84101
About the Job
At Piper Sandler, we connect capital with opportunity to build a better future. We believe diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. Our mission is to recruit, develop, retain, and engage a diverse, high-performing team. Our business enables bright, committed people working in partnership within an environment that allows each person to achieve at a high level. We commit to encouraging and valuing inclusivity because every partner brings unique perspectives that help us better serve our clients.
About The Special District Group - Us
The Special District Group (SDG) is a team in Piper Sandler's Public Finance practice that is dedicated to raising capital for public infrastructure for new development or redevelopment projects. We hold a dominant position in the Colorado and Utah markets and are actively growing into new markets nationwide with a demand for public infrastructure. Our team leaders were amongst the pioneers of Special District financing in Colorado and Utah and have been integral leaders in the sector for over two decades. The SDG team is passionate about the quality of banking we bring to the market and the unparalleled experience we offer our clients and external partners. We are unwavering in our belief that our team's shared success precedes the pursuit of individual aspirations. We have a deep commitment to high-touch communication and collaborative relationships, and we believe that our team's expertise, creativity, and resilience are critical to our success.
About This Critical Role - The Job
We are currently looking for a Quantitative Associate to join the SDG team in Salt Lake City, Utah. This position sits on the SDG Quantitative Team, a central resource that provides numerical analysis for SDG bankers, traders, clients, and consultants. The ideal candidate is passionate about financial modeling; enjoys working in a fast-paced and dynamic environment; possesses the ability to navigate multiple projects, priorities, and deadlines with strong organizational skills; and displays a professional demeanor and appropriacy to interact with senior partners, clients, and colleagues. The accountabilities of this role include:
- Create, develop, improve, and refine financial models that support real estate-based public finance transactions.
- Provide sophisticated, creative, and accurate numerical analysis to investment banking colleagues in a timely manner, often with multiple conflicts or overlapping deadlines. Provide appropriate bond pricing and debt service schedules, financial analysis, and background information at the time of deal identification through transaction close.
- Collaborate with Quantitative Team members to prioritize deadlines, grow knowledge of real estate markets, and develop technical skills.
- Partner with the Banking Team to conduct analysis with a focus on the larger context, including the client's goals and expectations.
- Research issuer financial information using external and internal resources.
- Conceptualize new methods, approaches, and systems to improve business operations.
- Perform any other duties and special projects as assigned.
- Consistently model SDG's organizational values and contribute to team culture.
About The Ideal Candidates - You
- You have the following qualifications and experience:
- Bachelor's degree required. Master's degree preferred.
- At least 2-years of relevant experience required. Experience in one or more of the following areas strongly preferred: real estate investment and underwriting; investment banking; municipal bond analysis; and/or municipal underwriting.
- Advanced cash flow modeling and Excel skills required.
- Proficient with MS Office suite. Working knowledge of DBC Finance is a plus.
- You thrive in a high-paced, high-performance environment.
- You learn quickly, are curious and committed to your own growth and advancement.
- You characterize yourself in being intrinsically self-motivated, goal oriented and resilient.
- You exhibit confidence and courage, contributing to discussions, and embracing opportunities outside comfort zones.
- You can effectively communicate complex ideas to diverse audiences.
- You plan and organize your work effectively, meeting deadlines and informing stakeholders of project status.
- You are available to work full-time in-person in our Salt Lake City office.
- You are based in, or willing to relocate to Utah. Working knowledge of Utah geography and markets is a plus.
Piper Sandler is a leading investment bank, enabling growth and success for our clients through deep sector expertise, candid advice, and a differentiated, highly productive culture. With more than 1,700 employees across 60 offices world-wide, we offer our clients the scale needed to meet their capital needs with local support from experts in the field. Learn more about the firm here .
Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employee's health and well-being. Learn more about our benefits program and how we are here for our employees and their families today, tomorrow and beyond.
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.
The anticipated base salary for this position is $100,000 per year. This position is eligible for substantial, additional incentive compensation in the first year and beyond.