Municipal Underwriting Assistant

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

 

Let’s talk about how you can find your place here at Stifel, where success meets success.

Stifel’s 250-member Municipal Securities Group is seeking a Municipal Underwriting Assistant to join our Municipal Capital Markets underwriting desks in San Francisco, CA and Denver, CO.  The candidate will join the Municipal Underwriting team and work directly with the Head of Municipal Underwriting and Senior Underwriters across the country. The candidate will quickly gain a working knowledge of trading and underwriting systems, information dissemination tools and with increasingly responsibility will process transactions and coordinate internal and external communication.  This role requires diligent oversight of the new issue process and trading platforms and with a demonstrated ability to multi-task, communicate clearly and operate decisively in a fast-paced environment.

• Monitor and communicate syndicate balances, inventory positions, maintaining orders/indications of interest, and P&L. 
• Update new issues in IPREO system with relevant information for competitive/negotiated deals as needed, generating necessary correspondence, writing money, etc.
• Review and update internal systems with all new issue information and scheduling as transactions come to market.
• Operate syndicate Bloomberg functions regarding deal distribution, pricing and messaging.
• Distribute invoices to internal Accounts Payable and maintain/organize communications
• Communicate with Compliance staff to ensure all deal information is accurately updated for daily distribution of reports to multiple departments.
• Maintain various databases and Excel spreadsheet.
• Work with back office on trade reconcilations.
• Create, maintain and update electronic deal files. 
• Assist syndicate with internal phone communications as needed.

• Some trading desk experience is preferred along with intermediate knowledge of markets, principles and processes associated with Municipal deal origination and pricing
• Demonstrated ability to multi-task, operate under pressure, and effectively manage priorities
• Excellent verbal and written communication skills with strong ability to build and maintain internal and external relationships
• Collaboration across teams internally, ensuring seamless resolution of trading settlements and discrepancies
• Ability to continuously learn and willingness to be trained
• Prior knowledge of market and trading systems is preferred
• Some travel will be required over time

• Bachelor’s degree is preferred

• Minimum required: FINRA SIE, Series 7 or 52 and Series 63 or ability to obtain within 6 months of hire 

Salary: -

Actual salaries may vary, and may be based on several factors, including but not limited to each candidate’s qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel’s overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more! To view a more comprehensive list of Stifel’s current offerings, please visit https://www.stifel.com/careers/benefits. Applications are accepted until the position is filled.

Stifel is more than 130 years old and still thinking like a start-up.  We are a global wealth management and investment banking firm serious about innovation and fresh ideas.  Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

 

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations.  Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.  Let’s talk about how you can find your place here at Stifel, where success meets success.

 

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

 

Stifel is an Equal Opportunity Employer.