Investment Banking Senior Associate - Financial Services - PropTech

Piper Sandler Companies

$200K — $250K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 3+ years of investment banking experience; MBAs with relevant prior experience will be considered.
  • Experience in fintech or technology-enabled services preferred, ideally in specialty finance or real estate.
  • Genuine interest in PropTech, including areas like transaction services and mortgage platforms.
  • Familiarity with technologies like AI and automation that enhance real estate and financial services is a plus.
  • Proven M&A execution experience, especially in sell-side focus and capital-raising transactions.
  • Strong corporate finance, valuation, and modeling skills, including DCF and comps analyses.

Responsibilities

  • Advise innovative PropTech companies on strategic M&A, equity, and debt financing transactions.
  • Work collaboratively with founders and executive teams on capital market initiatives.
  • Conduct industry research to identify key market trends affecting clients' businesses.
  • Manage multiple workstreams simultaneously throughout execution phases of transactions.
  • Prepare pitch materials, CIMs, and board-level deliverables with high-quality writing and presentation.
  • Build and maintain strong client relationships with investors and key stakeholders.
  • Oversee junior staff, driving project management and execution timelines.

Benefits

  • Dynamic work environment fostering innovation within the PropTech sector.
  • Opportunity to engage with influential industry leaders and executives.
  • Potential for career advancement within a focused and growth-oriented firm.
Full Job Description
We are currently looking for a seniorInvestment 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


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.

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