ROBERT W. BAIRD & CO. INCORPORATED

Assistant Municipal Underwriter

Milwaukee - 25
  • On-site
  • Full-time

Listing details

  • Posted Oct 13
  • Last verified Oct 31

About the job

About the Role: Baird is seeking a driven and detail-oriented Assistant Municipal Underwriter to join our Municipal Underwriting Desk. This role supports all aspects of institutional municipal underwriting, including primary negotiated and competitive offerings, and assists with the operational and administrative functions essential to the desk’s daily activity. The position will also develop a strong understanding of municipal market dynamics, credit, pricing, investor demand and transaction economics, with increasing responsibility in the underwriting process over time.

The ideal candidate will collaborate closely with Baird’s Fixed Income Institutional Sales team, Public Finance Department, and external market participants to ensure seamless execution of municipal bond transactions. We’re looking for someone who is passionate about fixed income markets, analytical and intellectually curious, eager to learn, and thrives in a fast-paced, team-oriented environment. This is an opportunity to build the technical and market expertise necessary to develop into a municipal underwriter.

At Baird, you’ll be part of a collaborative culture that values integrity, innovation, and excellence. We offer professional development opportunities, mentorship from seasoned industry professionals, and the chance to contribute meaningfully to one of the nation’s leading municipal underwriting platforms. The Impact You'll Make: Support new issue execution by assisting Municipal Underwriters with competitive bid computations, pricing materials, and distribution of relevant offering documentation Coordinate communications between Baird’s Institutional Underwriting desk, Institutional Sales & Trading teams, and external municipal bond dealers Provide operational and administrative support for both negotiated and competitive transactions, including recordkeeping, trade ticketing, and settlement processes Ensure regulatory compliance by collaborating with Baird’s Compliance team and adhering to established 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 to post-sale settlement Perform additional duties and projects assigned to support the success of the Municipal Underwriting team What You'll Bring to Baird: Education: Bachelor’s degree required.

Licensing: SIE, Series 7, 52, and 63 (or ability to obtain within 12 months of hire) Technical Skills: Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Access, Outlook); familiarity with Bloomberg preferred Communication: Strong written and verbal communication skills with exceptional attention to detail and accuracy Organization: Ability to manage multiple priorities under tight deadlines while maintaining composure and accuracy Collaboration: Positive, proactive attitude with strong interpersonal skills and a commitment to teamwork and client service Flexibility: Willingness to work extended hours as needed to support deal execution and ensure a seamless underwriting process #LI-TA3 Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law. Baird is an employee-owned, international financial services firm specializing in wealth management, capital markets, private equity and asset management. Our mission is straightforward.

We strive “to provide the best financial advice and service to our clients and be the best place to work for all.” Our culture is like no other with extraordinary people who make Baird great for our clients and one another. Nationally recognized as a great place to work since 2004, we invite you to learn more about Baird, our culture and our people. Baird is committed to inclusion & diversity for our clients, our associates and the communities where we live and work.

This commitment stems from our culture of integrity, genuine concern for others and respect for the individual. We view inclusion & diversity as an ongoing journey – one of shared responsibility, continuous improvement and a focus on progress. We invite you to join us as we work together to foster an environment where diversity unites rather than divides us.