Investment Banking Senior Associate - Financial Services - PropTech

Job Description:

At Piper Sandler, we connect capital with opportunity to build a better future. 

We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.

We are currently looking for a senior Investment Banking Associate or junior Vice President to join our PropTech team within the Financial Services group in our New York City office.

Our PropTech team advises innovative companies across the real estate technology, fintech, and specialty finance ecosystem, with a focus on businesses that improve the homeowner, renter, and guest experience and support the buying, selling, financing, managing, and ongoing ownership of real estate. Coverage spans residential transaction platforms and services, home equity and specialty finance, mortgage and lending technology, multifamily and property operations software, single-family rental platforms, short-term rental and hospitality businesses, branded furnished apartments, construction and workflow technology, data and analytics, and other technology-enabled services.

The team works directly with founders, c-suite executives, and boards of directors on strategic M&A, equity and debt financings, structured capital solutions, IPOs, follow-on offerings, convertible securities, and other public and private capital markets transactions. This is a unique opportunity to build relationships with investors across the company lifecycle, including venture capital, growth equity, private equity, crossover and hybrid capital providers, private credit and asset-based finance investors, and other alternative investment managers. While our clients are often technology-enabled, our work is grounded in the underlying real estate markets, consumer experiences, operating models, transaction flows, financing needs, and financial-services businesses reshaping how people buy, sell, finance, manage, and experience real estate, with increasing emphasis on AI, automation, and data-driven operating models.

Attracting only the very best professionals has been and will continue to be a key element of our success. We are focused on hiring candidates with genuine potential and interest for advancement within our firm.

• Bachelor's degree with 3+ years of investment banking experience; MBA grads with relevant prior experience will be considered
• Experience in fintech, technology, software, or technology-enabled services preferred; specialty finance and/or real estate experience or industry familiarity is a plus but not required
• Genuine interest in the PropTech sector, including real estate technology spanning transaction services and mortgage platforms, home equity and specialty finance, multifamily and property operations, single-family rentals, short-term rental and hospitality, construction and workflow technology, data and analytics, and other technology-enabled real estate businesses; prior experience a plus
• Familiarity with AI, automation, data-driven operating models, or other technologies improving real estate and financial services business is a plus
• Proven M&A execution experience (sell-side focus) and capital-raising transactions, managing multiple workstreams simultaneously
• Strong corporate finance, valuation, and modeling skills (operating models, merger models, DCF, comps)
• Ability to conduct differentiated industry/company research and identify key market trends
• Excellent writing and presentation skills for pitch materials, CIMs, and board-level deliverables
• Strong client-facing and relationship-building skills, with the ability to work directly with founders, C-suite executives, investors, senior bankers and other key stakeholders
• Demonstrated project-management ability including driving execution, coordinating junior staff, and managing deadlines with attention to detail
• Collaborative, self-motivated team player with sound judgment, intellectual curiosity, and the ability to thrive in a fast-paced, entrepreneurial environment

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.

Our investment banking clients have access to unparalleled guidance through our deep product and sector expertise and ready access to global capital. We take pride in providing our clients with thoughtful advice and diligent execution, no matter the economic environment. Our investment banking group partners with corporate clients and financial sponsors to provide advisory and financing services related to mergers and acquisitions, equity and debt capital markets, private placements, restructuring and corporate & venture services. We offer in-depth knowledge and industry relationships in our core sectors of chemicals, consumer, diversified industrials & services, energy & power, financial services, healthcare and technology. Learn more about our investment banking team 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.

The anticipated starting salary range for individuals expressing interest in this position is $200,000 - $250,000 per year.  Placement within this range is dependent upon level of experience, location and other factors. This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market.

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.

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