Associate CLO Research Analyst - Hybrid

Symetra•Farmington, CT

4d•$117,000 - $156,000•Hybrid

About The Position

Working 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, Connecticut.

Requirements

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
Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.

Nice To Haves

Experience with Power BI or similar data visualization tools (or a strong interest to learn)

Responsibilities

Support, maintain, and improve the quantitative and qualitative evaluation and management of Symetra’s Structured Products portfolio, with a primary focus on CLOs.
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.