Assistant Municipal Underwriter

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
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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.