Structured Assets Credit Analyst

$131,000 - $191,000/Yr

Securian Group - Saint Paul, MN

Full-time - Mid Level

Saint Paul, MN

About the position

Securian Asset Management is seeking a Structured Assets Credit Analyst to support the growth of our structured assets portfolios. This position is crucial in helping the structured assets team achieve the investment objectives of various portfolio strategies. The analyst will be responsible for overseeing both primary and secondary structured asset markets, providing timely new issue recommendations, and conducting thorough structural and underlying asset analysis. This includes considering relative value across structured assets and broader investment options. The role also involves presenting secondary ideas based on relative value and trading approved trade ideas. Ongoing surveillance of current holdings is essential, with the goal of right-sizing risk to align with current fundamental viewpoints. The analyst will be expected to regularly update investment sector theses and positioning. Internal rating assessments and evaluations of underlying asset performance metrics compared to benchmarks are also key responsibilities. The analyst will maintain asset analytics and modeling, conduct recurring sector-level analysis to identify inflection points, and evaluate sectors with a focus on ESG elements to highlight relevant options. Additionally, the role includes projects and experiments aimed at creatively enhancing and improving the research process, leveraging various technology platforms. Cross-sector support and participation in relative value discussions will also be part of the job, requiring strong collaboration with team members.

Responsibilities

• Oversight of primary and secondary structured asset markets including timely new issue recommendations with both structural and underlying asset analysis.
• Presenting secondary ideas based on relative value.
• Responsible for trading approved trade ideas.
• Ongoing surveillance of current holdings with the goal of right sizing risk to align with current fundamental viewpoints.
• Updated investment sector thesis with positioning on a regular basis.
• Internal rating assessment.
• Evaluation of underlying asset performance metrics compared to a benchmark.
• Maintenance of asset analytics and modeling.
• Recurring sector level analysis and overview meant to identify inflection points within an analyst's sector coverage expressed through fundamental sector outlook and recommendation.
• Sector evaluation that incorporates elements of ESG to highlight relevant ESG options within an analyst's sector coverage.
• Projects/experiments meant to creatively enhance and improve the research process including leveraging various technology platforms.
• Cross-sector support and debate, providing analytical support and participating in relative value discussions.

Requirements

• 5+ years of demonstrated investment research success in a liability-driven and/or total return environment in a structured analyst role.
• Currently have or working towards CFA and/or MBA.
• Excellent written and verbal communication skills including the ability to make objective recommendations and defend viewpoints.
• Strong math and analytical skills including a strong understanding of structural nuances and modeling capabilities.
• Ability to distill and communicate critical issues and assumptions.
• A broad understanding of financial markets and risk models supported by a background in math, economics or statistics.
• A high level of curiosity, attention to detail, and a strong commitment to teamwork.
• Experience utilizing research tools such as Bloomberg, Intex, Excel, Tableau.

Benefits

• Paid time off including personal days and vacation time.
• Flexible leave programs for parental leave, caregiver leave, bereavement, and military leave.
• Company-funded pension plan and a 401(k) retirement plan with contributions tied to company performance.
• Health insurance coverage for associates and their eligible family members from the first day of employment.
• Volunteer time off and a dollar-for-dollar matching gift program for community support.
• Associate Resource Groups for building connections and developing meaningful relationships at work.