← Search all jobs

2027 Investment Banking Analyst – Healthcare Biotech

Piper Sandler Companies

San Francisco, CA · Posted October 21, 2026

No experience needed. The posting says: “Piper Sandler is currently seeking a Class of 2027 Investment Banking Analyst for our Healthcare Biotech team in our San Francisco, CA…”

Just laid off? Start here: a plan for the first weeks

See every open role at Piper Sandler Companies

More in California job market · Financial Services & Banking · Investment jobs

More roles at Piper Sandler Companies

Where San Francisco, CA ranks

Where San Francisco, CA placed in our monthly rankings, month by month. Each month stays online at its own address.

How AI is used in this kind of work

Among financial and investment analysts, AI is already used for a large share of the tasks. Measured exposure for financial and investment analysts: 57% (high).

Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.

Check how this applies to your own job

Skills this job asks for

Say which you have and which you want to build. We use it to match you to jobs like this one.

About the job

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.

Piper Sandler is currently seeking a Class of 2027 Investment Banking Analyst for our Healthcare Biotech team in our San Francisco, CA office. Candidates who will be graduating in May/June 2027 are encouraged to apply.

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, services & industrials, energy, power & infrastructure, financial services, healthcare and technology. Learn more about our investment banking team here .

The Analyst Program

The investment banking analyst program is a rigorous program for exceptionally qualified individuals. Our analysts work closely with senior bankers to make a real impact on our clients’ businesses through involvement in all facets of investment banking activities including equity and debt offerings, valuations, mergers and acquisitions, leveraged buyouts and strategic advisory work. On a day-to-day basis our analysts:

Create financial models

Conduct financial valuations

Create and maintain industry-specific business development books

Conduct industry- and company-specific research

Interact with clients and senior bankers

Our environment is collaborative, demanding, fast-paced and entrepreneurial. Our clients are extraordinarily dynamic and our people have what it takes to excel. Top analysts are invited to stay on for a third year. Direct promotion to the Associate level is available for strong performers without an MBA.

Analyst Training & Development

Our analyst program begins in June 2027 with training at our headquarters in Minneapolis. New analysts attend from offices around the U.S. Training is designed to give analysts a broad understanding of our firm and its capabilities, as well as a strong technical foundation. Technical topics covered include accounting, valuation, financial modeling and general computer skills. Social and team-building activities take place throughout training to help new employees begin their careers with strong relationships among their peers.

What We Look For

Piper Sandler seeks dedicated and motivated individuals possessing demonstrated academic achievement as well as leadership, organizational and teamwork skills. The ability to create innovative solutions, articulate complex ideas and adapt to a rapidly changing environment is essential. Analysts must be able to work well under pressure and manage multiple projects. The most successful analysts have a demonstrated track record of success. Familiarity with finance, accounting, and financial modeling is strongly encouraged.

Bachelor’s degree in finance, business, management, or other related degrees required

You must be work authorized in the United States on a full-time basis without the need for employer sponsorship now or in the future. For this role, we cannot offer employment to F-1 (student) visa holders who require employer sponsorship in the future or cannot work now on a full-time basis.

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 for individuals expressing interest in this position is $110,000 per year. 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.