Director, CLO Analytics & Compliance - Hybrid

Symetra • Farmington, CT

1d • $176,000 - $238,000 • Hybrid

About The Position

Symetra Investment Management (SIM) is seeking an experienced Director of CLO Portfolio Analytics and Compliance to support its growing CLO Platform, managed within the $2.5B Leveraged Loan and High Yield Group. SIM's parent organization has committed significant capital to support the launch and continued growth of the CLO program, which is a significant new business line for the firm as it expands into the management of third-party assets. This individual will oversee outsourced services for all broadly syndicated leveraged loan and CLO workflows, provide systems and analytical support to senior management, and work closely with the Senior CLO Portfolio Manager, Head Trader, Head of Research, and the broader credit team. The role requires a detail-oriented individual prepared to work in a fast-paced environment with daily deadlines and proven ability to work with external service providers (All Vue, IQEQ, Rating Agencies, and Auditors). This is a hybrid role based in Farmington, Connecticut, requiring two days per week in the office.

Requirements

• 7+ years in CLO Analytics, Compliance and Loan Systems at a buy-side CLO firm, trustee, CLO middle office service provider, or CLO accounting firm.
• Strong knowledge and understanding of the leveraged loan bank loan processing ecosystem.
• Excellent verbal and written communication skills.
• Attention to detail and a self-starter.
• Ability to implement tasks and projects in a fast-paced environment.
• Proven ability to work with external service providers.

Responsibilities

• Perform oversight and governance of all systems, analytics and compliance aspects of the CLO business, including oversight of outsourced services and Trustee relationship management.
• Manage bank loan trade settlements with the outsourced vendor while ensuring accurate posting of trades on internal systems.
• Monitor all trades within the CLOs on a pre-settlement basis to ensure compliance with the CLO Indenture requirements.
• Test and validate new compliance models as per the CLO Indenture; providing feedback to Middle Office Service provider and Trustee as needed.
• Manage internal/external inquiries and reporting requests, prepare monthly metrics and reporting for senior management review.
• Work closely with our Middle Office Service provider and Trustees to ensure all trade events, Rating Agency actions, and cash movements are gathered and reconciled for all reporting requirements.
• Oversee cash and position breaks with trustees and internal/external operational teams.
• Review Monthly and Quarterly Trustee Reports for accuracy and completeness, supervising the tie-out process to ensure timely delivery.
• Verify quarterly waterfall calculations to ensure correct distributions.
• Liaise between investment team and technology vendor to troubleshoot issues and prioritize enhancement requests.
• Support new fund launches by managing operations from the warehousing stage through Closing Date and Effective Date, including approval of Flow of Funds.
• Establish proper controls and create efficiencies to mitigate risk and improve processes.
• Manage strategic projects and initiatives as well as prioritize information technology needs and requirements in the development of an industry-leading CLO platform.

Benefits

• 401(k) plan with immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Company matching for community contributions

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed