Investment Operations Analyst, Trading-Remote

Symetra; Bellevue (WA); Hybrid; USD 89,000 - 102,000; Full time

Benefits offered by this job

401(k) match

Flexible hybrid

Paid time off and holidays

Community matching

Job summary

Symetra is seeking an Investment Operations Analyst to support day-to-day activities for the investment portfolio, traders, reporting, and compliance teams. The role covers back and middle-office functions, ensuring accurate data, timely settlements, and strong client relationships.

Ideal candidates have 2+ years in investments, Bloomberg/SimCorp experience, and a proactive approach to automation and process improvement. Hybrid work and competitive compensation are offered.

Qualifications

• Bachelor's degree in Finance, Accounting or equivalent work experience.
• Minimum of 2+ years in Investments or Finance related field.
• Ability to multi-task and to work both independently and in a team environment.
• Strong technology focus and have interest and ability to use technology to automate repetitive tasks.
• Bloomberg or other trade order management system experience, highly preferred.
• Experience using Simcorp Dimension or other investment accounting system experience.
• Investments knowledge including fixed income.
• Excellent written and verbal communication skills with demonstrated attention to detail while being analytically oriented.

Responsibilities

• Process investment transactions and enter trades in the trade order management system and/or investment book of record to ensure timely settlement.
• Perform reconciliations across OMS, IOR, custodian and accounting systems and resolve issues.
• Handle secondary events such as corporate actions, paydowns, capital calls and derivative collateral management.
• Maintain strong client relations and provide timely, accurate information to institutional clients.
• Review policies and processes and provide recommendations for improvement and automation.
• Support audits and ad hoc reporting; provide backups for other strategies when needed.

Skills

Analytical skills

Communication

Tech-savvy

Automation

Education

Bachelor's degree in Finance/Accounting

Tools

Bloomberg

Simcorp Dimension

Investment accounting system

Job description

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
• Want more details? Check out our Symetra Benefits Overview

Compensation

Salary Range: Min $89,000 - Max $102,000 plus eligibility for annual bonus program

Your education and experience

• Bachelor's degree in Finance, Accounting or equivalent work experience.
• Minimum of 2+ years in Investments or Finance related field.
• Ability to multi-task and to work both independently and in a team environment. Continuously exhibit a high level of motivation and initiative.
• Continuously exhibit a high level of motivation and initiative to take on complex tasks while building your skills and knowledge
• Strong technology focus and have interest and ability to use technology to automate repetitive tasks.
• Bloomberg or other trade order management system experience, highly preferred
• Experience using Simcorp Dimension or other investment accounting system experience
• Investments knowledge including fixed income
• Excellent written and verbal communication skills with demonstrated attention to detail while being analytically oriented

We empower inclusion

At Symetra, we aspire to be the most inclusive insurance company in the country. We're building a place where every employee feels valued, respected, and has opportunities to contribute.

Inclusion is about recognizing our assumptions, considering multiple perspective, and removing barriers. We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here.

Creating a world where more people have access to financial freedom

Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products--and operate our company--to stand the test of time. We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.

For more information about our careers visit: careers

Work Authorization

Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.

Please review Symetra's Remote Network Minimum Requirements:

As a remote-first organizationwith a cameras-on culture, reliable internet connectivity is important to how we connect, collaborate, and serve our customers. To support a positive experience for both employees and customers, Symetra has the following standards for employees' internet connection:

• Minimum Internet Speed:100 Mbps download and 20 Mbps upload, in alignment with the FCC's definition of "broadband."
• Internet Type:Fiber, Cable (e.g., Comcast, Spectrum), or DSL.
• Not Permissible:Satellite (e.g., Starlink), cellular broadband (hotspot or otherwise), any other wireless technology, or wired dial-up.

When applying to jobs at Symetra you'll be asked to test your internet speed and confirm that your internet connection meets or exceeds Symetra's standard as outlined above.

Identity Verification

Symetra is committed to fair and secure hiring practices. For all roles, candidates will be required (after the initial phone screen) to be on video for all interviews. Symetra will take affirmative steps at key points in the process to verify that a candidate is not seeking employment fraudulently, e.g. through use of a false identity. Failure to comply with verification procedures may result in:

• Disqualification from the recruitment process
• Withdrawal of a job offer
• Termination of employment and other criminal and/or civil remedies, if fraud is discovered