Symetra has an exciting opportunity to join our team as an Associate CLO Research Analyst
!About the RoleWorking closely with the Assistant Director of CLOs and the Head of Structured Products, the candidate will provide quantitative, analytical and qualitative support across all aspects of Symetra's $10+ billion CLO tranche investing portfolio, while also gaining exposure to additional structured asset classes. Primary responsibilities include supporting the surveillance and monitoring of the CLO portfolio, evaluating CLO managers, and assessing new issue and secondary opportunities, including through relative value analysis, transaction structures and collateral review, and legal documentation analysis. In addition to supporting the day-to-day management of the CLO portfolio, the candidate will help maintain and enhance analytical and reporting tools essential to Symetra's Structured Products platform. The candidate will operate within a small, experienced team and gain exposure to a broad range of CLO tranche investing activities. This role offers the opportunity to develop a wide variety of analytical and investment skills while building deep industry knowledge. This role will also provide broader exposure to Symetra's diverse Structured Products portfolio more generally, with opportunities to support other asset classes as needed.
This is a hybrid work role based in Farmington, ConnecticutWhat you will do- Support, maintain, and improve the quantitative and qualitative evaluation and management of Symetra's Structured Products portfolio, with a primary focus on CLOs. Key responsibilities include
- Assist in the review and analysis of new investment opportunities, including both new issue and secondary transactions, through cash flow analysis, review of transaction portfolio and structural features, and CLO indenture analysis
- Track, analyze and monitor existing investments by periodically reviewing trustee reports, performance data, and other industry publications
- Work closely with the Assistant Director of CLOs to develop a deeper understanding of credits, CLO collateral manager performance and broader trends
- Support due diligence of CLO collateral managers
- Continuously develop and improve tools to optimize analytical and reporting processes
- Perform ad-hoc sector and security-level research
What we offer youWe don't take a "one-size-fits-all" approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Self-Managed Time Away along with paid holidays
- Give back to your community and double your impact through our company matching
- Want more details? Check out Symetra Benefits Overview
CompensationSalary Range: Min $117,000 - Max $156,000 plus eligibility for annual bonus program.
Who you are- 0-3 years of experience in finance or related field
- Strong interest in capital markets and intellectual curiosity
- Strong analytical skills and attention to details
- Strong quantitative aptitude
- Excellent communication and presentation skills
- Advanced Excel skills
- Experience with Power BI or similar data visualization tools (or a strong interest to learn)
- Experience developing analytical and automation tools and working with large datasets
- Proactive, problem-solving mindset
- Ability to work effectively in a small-team environment
- Collaborative mindset
- Ability to take initiative and work independently
