Assistant Municipal Underwriter

Baird•Milwaukee, WI

22d

About The Position

Baird is seeking a driven, detail-oriented Assistant Municipal Underwriter to join its Municipal Underwriting Desk. The role supports institutional municipal underwriting across primary negotiated and competitive offerings and provides operational and administrative support for the desk’s daily activity. The successful candidate will develop an understanding of municipal market dynamics, credit, pricing, investor demand, and transaction economics, taking on increasing responsibility in the underwriting process over time. The Assistant Municipal Underwriter collaborates with Baird’s Fixed Income Institutional Sales team, Public Finance Department, and external market participants to help execute municipal bond transactions. This is an opportunity to build technical and market expertise toward developing into a municipal underwriter. Baird describes its culture as collaborative and values integrity, innovation, and excellence, offering professional development and mentorship from experienced industry professionals.

Requirements

Bachelor’s degree required.
SIE, Series 7, 52, and 63 licenses, or ability to obtain them within 12 months of hire.
Proficiency in Microsoft Office Suite, including Word, Excel, PowerPoint, Access, and Outlook.
Strong written and verbal communication skills, with exceptional attention to detail and accuracy.
Ability to manage multiple priorities under tight deadlines while maintaining composure and accuracy.
Positive, proactive attitude, strong interpersonal skills, and commitment to teamwork and client service.
Willingness to work extended hours as needed to support deal execution and the underwriting process.

Nice To Haves

Familiarity with Bloomberg.

Responsibilities

Support new issue execution by assisting Municipal Underwriters with competitive bid computations, pricing materials, and distribution of relevant offering documentation.
Coordinate communications among Baird’s Institutional Underwriting desk, Institutional Sales & Trading teams, and external municipal bond dealers.
Provide operational and administrative support for negotiated and competitive transactions, including recordkeeping, trade ticketing, and settlement processes.
Support regulatory compliance by collaborating with Baird’s Compliance team and following firm policies and industry standards.
Facilitate communication between the Underwriting desk and Baird’s Public Finance Department throughout the new issue process, from pre-marketing through post-sale settlement.
Perform additional duties and projects assigned in support of the Municipal Underwriting team.