Symetra · 1 day ago
Head of CLO, High Yield & Bank Loan Management - Hybrid
United States
Full-time
Hybrid
Director/Executive
$300K/yr - $375K/yr
15+ years expSymetra Investment Management (SIM) is seeking to onboard a Head of CLO, High Yield and Bank Loan Management. This role involves overseeing the management of SIM’s CLO, High Yield and Bank Loan team, and expanding SIM’s CLO management business while maintaining strong client relationships and ensuring disciplined portfolio management.
Financial ServicesHealth InsuranceInsuranceLife Insurance
No H1B
Responsibilities
Execute on SIM’s strategic plan to grow its CLO management business by overseeing all aspects of CLO management and issuance
Work across all relevant SIM areas (high yield and bank loan team, CLO tranche investing team, insurance portfolio management team, operations team, legal and compliance team, business development team) to effectuate the business plan while maintaining the highest level of collaboration, communication, and professionals
Select and work with all necessary external constituencies (chosen arrangers, warehouse providers, vendors, outside investors, dealers, ratings agencies, trustees, etc.), and represent SIM to such constituencies professionally, responsively, ethically, and with the highest standard of care, at all times
Maximize long-term value for both the affiliated insurance companies as well as external clients by sourcing, underwriting, and acquiring positions aligned with client objectives and utilizing fundamental credit analysis, disciplined portfolio construction, and ongoing, opportunistic portfolio management
Enforce discipline in the evaluation of risk and return by maintaining consistency in the investment processes and ensuring that such is applied continually to all related mandates
Cultivate strong client relationships that engender trust with the team as well as with SIM more broadly
Provide superior oversight, recommendations, and decision-making with respect to cultivating maximum value from higher-risk or deteriorated credits
Provide commentary and/or recovery analysis on such credits to satisfy client inquiries, other-than-temporary impairment (“OTTI”) evaluation needs or other requirements
Support SIM’s future additional potential efforts to commercialize its offerings (e.g. SMA) in the High Yield and Bank Loan space as dictated by business conditions, SIM/enterprise goals, and opportunities
Work collaboratively across other teams at SIM to enhance breadth and quality of analysis, idea generation, and cooperation leading to enhanced collective success
Qualification
Required
15-20+ years of overall experience in an institutional fixed-income oriented, front office role focused on research, trading, and/or portfolio management with respect to below-investment-grade exposure, with a focus on long-term, disciplined, and fundamental investment strategies
BA. or B.S. degree in finance, business, or related field, or in a quantitative discipline such as Mathematics, Statistics, or engineering. Advanced degree is a plus. CFA designation
Experience must include substantial active management of bank loan collateral pools for CLOs as well as the relationships and experience necessary to successfully raise 3rdparty CLO equity prospectively
Must possess a sound and demonstrable understanding of CLO vehicles, the CLO management business, and how to expand a best-in-class platform
Demonstrable and successful track record managing CLOs, high yield, and bank loan strategies with solid performance and low defaults with well-established industry relationships
Leadership, talent development, and long-range planning experience and expertise worthy of a position overseeing an established, high-performing team entrusted with the management of billions of dollars of current AUM and the execution of key expansion initiatives
Experience developing, building and maintaining investment infrastructure, processes and procedures that support desired portfolio management, trading, surveillance, and compliance needs for active high yield and bank loan portfolios
A 'get it done' work ethic that supports the completion of tasks within specified timeframes, and the ability to adjust to shifting priorities as business conditions warrant, understanding that the work requirements of the position will sometimes embed inflexible deadlines
Preferred
Experience in an insurance company or insurance-owned asset manager, or in a portfolio management role managing insurance company portfolios
Experience managing CLOs and experience managing both buy-and-maintain- as well as total-return-oriented portfolios
Benefits
401(k) plan and take advantage of immediate vesting and company matching up to 6%
Self-Managed Time Away along with paid holidays
Give back to your community and double your impact through our company matching
Company
Symetra
Symetra is a financial service company that provides retirement, employee benefits, group life, and disability insurance.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2015-08-11Acquired
2010-01-22IPO
2004-01-01Private Equity
Leadership Team
David Goldstein
Senior Vice President, General Counsel & Secretary
M
Mike DiGioia
Vice President, Communications
Recent News
Morningstar.com
2025-11-24
2025-09-24
Company data provided by crunchbase