Quantitative Associate - Special District Group

Piper Sandler & Co.; Denver (CO); On-site; USD 90,000 - 110,000; Full time

Job summary

Piper Sandler & Co. is looking for a Quantitative Associate in Denver, CO. The role entails developing financial models for public finance transactions and collaborating with senior bankers. Ideal candidates will have at least 2 years of relevant experience, a Bachelor’s degree, and proficiency in cash-flow modeling and Excel.

The anticipated base salary is $100,000 annually, with eligibility for additional incentive compensation. This full‑time role requires in‑person attendance and a willingness to be based in Denver.

Qualifications

• 2+ years of relevant experience in real‑estate investment, underwriting, investment banking, or municipal bond analysis.
• Security Industry Essentials (SIE) certification is a plus.
• Demonstrated interest in leveraging AI tools and automation to enhance modeling workflows.

Responsibilities

• Develop sophisticated financial models for public finance transactions.
• Provide strategic numerical analysis throughout the deal execution.
• Implement new modeling methodologies to improve efficiency.
• Collaborate with the Quantitative Team and mentor junior members.

Skills

Cash-flow modeling

Excel proficiency

Financial analysis

Quantitative systems integration

Education

Bachelor’s degree

Master’s degree

Tools

MS Office

Database management

DBC Finance

Job description

Overview

We are currently looking for a Quantitative Associate to join our Special District Group (SDG) in our Denver, CO office. This is a full‑time, 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.

The SDG is a team in Piper Sandler’s Public Finance practice dedicated to raising capital for public infrastructure for new development or redevelopment projects. It holds a dominant position in the Colorado, Utah, and Texas markets and is actively expanding nationwide.

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, driving decision‑making.
• 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 SDG’s values and contribute to the professional development and collaborative culture of the team.

Qualifications

• 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.
• Proficiency in MS Office and database management.
• Demonstrated interest in leveraging AI tools and automation to enhance modeling workflows.
• Experience with DBC Finance is a plus.
• A proven ability to distill complex financial variables into clear, actionable insights for diverse stakeholders.
• Core competencies: self‑reflective, proactive in identifying growth opportunities, questions conventional approaches, exhibits conviction when presenting ideas, works cooperatively with diverse styles, and manages workflow by establishing clear tasks and meeting deadlines.

Salary

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. We are open to discussing a higher title and compensation package commensurate with significant, directly relevant experience.

EEO Statement

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.