Senior Underwriter

company summary

Cabrera Capital Markets is a premier investment bank and institutional brokerage firm, serving global corporations, municipalities, pension funds, and private equity firms. The firm is known for its integrity and unwavering commitment to exceeding clients’ expectations.

department summary

Our Municipal Capital Markets division provides the highest level of service to institutional investors across the country. The division works seamlessly with our public finance bankers to underwrite and sell negotiated transactions, bid and buy competitive deals, and trade secondary market bonds. Our team supports our issuers and investors by offering deep institutional knowledge of the market.

position summary & purpose

The Senior Underwriter plays a key role in the execution, pricing, and distribution of municipal securities transactions within the Municipal Capital Markets group. This position partners closely with Public Finance Bankers, Sales, Trading, Municipal Advisors, and Issuers to develop market-driven financing solutions and facilitate successful transaction execution. The Senior Underwriter supports both negotiated and competitive transactions by providing market analysis, structuring recommendations, pricing support, and coordination throughout the underwriting process.

The ideal candidate possesses strong municipal market knowledge, excellent analytical skills, and the ability to manage multiple transactions while fostering effective relationships both internally and externally.

Essential duties and resPONSIBILITIEs

• Assist in the pricing and placement of new issue municipal transactions.
• Support transaction execution, including pricing analyses, allotments, processing, and settlement activities.
• Analyze market conditions and provide recommendations regarding transaction structure and pricing strategies.
• Collaborate with issuers, municipal advisors, public finance bankers, sales, and trading professionals to develop financing solutions that meet issuer objectives and market requirements.
• Participate in negotiated and competitive underwriting opportunities.
• Prepare pricing books, market updates, transaction summaries, and other underwriting-related materials.
• Monitor municipal market activity and communicate relevant trends, comparable transactions, and investor demand.
• Coordinate new issue distribution efforts with sales personnel to maximize transaction performance.
• Assist with calculating and communicating sales credits and transaction-related information to internal stakeholders.
• Maintain underwriting records, deal pipelines, and transaction tracking reports.
• Support responses to requests for proposals (rfps) and underwriting presentations.
• Work closely with compliance, operations, and accounting to ensure adherence to applicable regulations, policies, and procedures.
• Attend industry events and conferences to develop professional relationships and remain current on market developments.
• All other duties as assigned