Quantitative Associate - Special District Group
About the role
The Special District Group (SDG) is a team in Piper Sandler's Public Finance practice dedicated to raising capital for public infrastructure for new development or redevelopment projects. The SDG team holds a dominant position in the Colorado, Utah, and Texas markets and is actively growing into new markets nationwide. The SDG team was founded by pioneers in the Special District financing sector, who have been integral leaders in the sector for over 45 years. The SDG team is passionate about the quality of banking they bring to the market and the experience they offer their clients and partners.
Responsibilities
- Develop, refine, and stress-test sophisticated financial models that serve as the foundation for real estate-based public finance transactions.
- Provide high-level numerical analysis and debt service modeling, ensuring accuracy and strategic alignment from deal inception through final execution.
- Conceptualize and implement new modeling methodologies and technical solutions to improve operational efficiency and analytical precision.
- Partner directly with senior bankers to translate complex client objectives into viable financial structures. Your analysis will serve as a primary driver in the decision-making process.
- Navigate multiple, overlapping transaction timelines with precision, ensuring that all quantitative deliverables meet the high standards of our practice.
- Contribute to the ongoing evolution of our quantitative systems, including the integration of advanced Excel automation and internal AI tools.
- Collaborate with the Quantitative Team to share technical expertise, mentor junior members, and foster a culture of continuous improvement and high performance.
- Model Piper Sandler’s values and contribute to the professional development and collaborative culture of the team.
Requirements
- Bachelor’s degree required; Master’s degree preferred.
- Security Industry Essentials (SIE) certification is a plus.
- 2+ years of relevant experience in real estate investment, underwriting, investment banking, or municipal bond analysis.
- Advanced proficiency in cash flow modeling and Excel.
- You view modeling as an exercise in precision and efficiency, not just data entry.
- Proficiency in MS Office and database management.
- A demonstrated interest in leveraging AI tools and automation to enhance modeling workflows is highly valued.
- Experience with DBC Finance is a plus.
- A proven ability to distill complex financial variables into clear, actionable insights for diverse stakeholders.
Qualifications
- Self-reflective, proactive in identifying growth opportunities, and committed to setting ambitious professional goals.
- Questions conventional approaches and proposes original, resourceful ideas.
- Exhibits conviction when presenting ideas and chooses courage over comfort when facing difficult tasks.
- Works cooperatively with diverse styles and builds strong partnerships inside and outside the organization.
Skills
- Financial Modeling
- Excel Proficiency
- Modeling Methodologies
- Debt Service Modeling
- Collaboration
- Transaction Management
- Technical Leadership
- Team Development
- Workflow Management
Benefits
Piper Sandler offers a comprehensive benefits program designed to support the emotional and physical well-being of our employees. This includes access to a range of programs such as health insurance, retirement plans, and wellness initiatives. For candidates with significant, directly relevant experience, we are open to discussing a higher title and compensation package commensurate with their background.
Pay
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.
Schedule
This is a full-time and in-person role. Candidates must be based in or willing to relocate to the Denver area. A working knowledge of Colorado geography and market dynamics is a plus.