Associate/Sr. Associate, Investments (Structured Products & CLOs)

EquiTrust Life Insurance Company•Chicago, IL

16h•$136,024 - $187,033•Onsite

About The Position

As an Associate/Sr. Associate, Investments (Structured Products & CLOs), you will support the analysis, monitoring, and execution of structured product investments, including asset-backed securities and CLOs. You will work closely with the Investments team and Managing Director to deliver actionable insights, enhance reporting processes, and contribute to portfolio performance and growth initiatives. We welcome candidates who are curious, analytical, and collaborative—individuals who bring diverse perspectives and are eager to grow their expertise in structured credit markets.

Requirements

Minimum 5 years of experience in trading, investment management, or risk management within structured products or CLOs
Experience with financial analytics tools such as Bloomberg, Intex, BlackRock Aladdin, and/or Valitana
Strong analytical and problem-solving skills with attention to detail
Proficiency in Excel, PowerPoint, and financial modeling tools
Ability to interpret complex data and communicate insights clearly
Collaborative mindset with strong interpersonal and relationship-building skills
Curiosity and motivation to continuously learn and adapt in a dynamic industry
Ability to manage multiple priorities and work effectively in a team-oriented environment
Bachelor’s degree required

Nice To Haves

MBA or advanced degree preferred
Experience in a regulated environment (e.g., insurance or financial services) preferred
Experience with structured product analytics (Intex, Valitana) preferred

Responsibilities

Conduct qualitative and quantitative research on structured products to support investment decisions
Analyze portfolio holdings, including collateral quality, structure, cash flow, yield, and credit risk
Maintain and enhance automated reporting and surveillance tools for portfolio monitoring
Collaborate with internal teams and external data providers (e.g., Bloomberg, Intex, Valitana) to build analytical tools
Support pricing analysis across primary and secondary markets to assess relative value opportunities
Assist in due diligence and development of structured credit investment strategies
Contribute to portfolio risk monitoring and identify opportunities to improve risk/return profiles
Develop models, databases, and reporting tools to support investment and AUM growth initiatives
Partner across teams and mentor junior colleagues while fostering an inclusive and collaborative environment