Investment Operations Analyst
Posted Updated
Symetra has an exciting opportunity to join our team as an Investment Operations Analyst!
About the role
The Investment Operations Analyst will provide overall day-to-day investment operations support to the Company’s investment portfolio managers, traders, investment reporting and compliance teams. The primary responsibilities of this position include the back and middle office functions of investment operations in Trade Support.
Company Overview
Symetra Investment Management (“SIM”) is a SEC-registered investment advisory firm with approximately $75 billion in assets under management as of December 31, 2023. Symetra Financial Corporation (“SFC”), a diversified financial services company with $59 billion in assets as of December 31, 2022, headquartered in Bellevue, Washington is the sole shareholder of SIM. SFC is also the holding company of Symetra Life Insurance Company (“Symetra Life”), which was founded in 1957, and has insurer financial strength ratings of ‘A’ by A.M. Best and Standard & Poor’s and ‘A1’ by Moody’s. Symetra Life is among the top 40 largest life insurance companies in the United States (based on statutory admitted assets as of December 31, 2022) and has approximately 1.7 million customers and over 2,200 employees nationwide. SFC is a wholly owned subsidiary of Sumitomo Life Insurance Company, a mutual life insurance company with head offices in Osaka and Tokyo, Japan. Founded in 1907, Sumitomo is one of the largest life insurance companies in Japan with $319 billion of assets as of March 31, 2023. SIM has recently begun marketing its investment management services to third-party institutional investors.
What you will do
- Processing investment transactions. This may include entry of trades into Symetra's trade order management system and/or investment book of record. This may also include sending portfolio allocations to brokers, confirmation/affirmation process and being responsible for ensuring that trades settle timely.
- Ensuring the accuracy of data by performing or reviewing reconciliations between the order management system, investment book of record, custodian, accounting agent and others. Work with appropriate parties to resolve identified issues.
- Processing of secondary events in trade order management system and/or investment book of record. These may include, but are not limited to, corporate actions, paydowns on private placement securities and bank loans, and capital calls/distributions on private equity and private debt funds. These may also include responsibilities associated with derivative collateral management.
- Client relations. As a Registered Investment Advisor, SIM invests on behalf of institutional clients who need information about their investments. Providing them information timely and accurately, and maintaining good relationships with clients.
- Review policies and processes and provide recommendations for improvement and automation.
- Participating in special projects, supporting internal/external audit requests and other ad hoc requests including light reporting responsibilities.
- Provide backup for Trusts and/or for other strategies as needed.
What we offer you
We 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.
- Flexible full-time or hybrid telecommuting arrangements
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Paid time away including vacation and sick time, flex days and ten paid holidays
- Give back to your community and double your impact through our company matching
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Want more details? Check out our Symetra Benefits Overview
Compensation
Salary Range: Min $89,000 – Max $102,000 plus eligibility for annual bonus program