Structured Products Analyst and Trader

ManhattanLife Insurance and Annuity Company; Houston (TX); On-site; USD 100,000 - 160,000; Full time

Job summary

ManhattanLife Insurance and Annuity Company in Houston, TX is seeking a Structured Products Analyst and Trader to join our investment team. The role focuses on a portfolio of RMBS, ABS, CLOs and alternative investments, requiring rigorous credit analysis and investment judgment.

The ideal candidate has 3–5 years in fixed income or related markets, strong analytical skills, and proficiency with Excel and Bloomberg. MBA or CFA progress is preferred, and travel is minimal.

Qualifications

• Bachelor’s degree in Math, Finance or Business Administration; MBA or CFA progress preferred.
• Three years’ relevant experience in the structured products sector including RMBS, ABS, CLOs, and Alternative Investments.
• 3-5 years of experience in fixed income credit analysis, debt capital markets or equity markets.
• Strong analytical skills and proficiency in Excel and Bloomberg.

Responsibilities

• Conduct fundamental credit analysis across asset classes and provide written research opinions and investment recommendations.
• Monitor and analyze existing structured product holdings.
• Build internal analytical models and leverage external models for investment decisions.
• Familiarity with public structured market by sector and spread.
• Develop relationships with external brokers and analysts.
• Follow macro trends affecting US and Global economies and issuers.
• Strong written and oral communications are imperative.
• Work closely with investment team.
• Familiarity with regulatory guidelines and updates pertaining to structured sector.
• Additional projects as assigned.

Skills

Credit analysis

Analytical skills

Interpersonal skills

Initiative

Education

Bachelor’s degree in Math, Finance or Business Administration

MBA preferred or CFA progress

Tools

Bloomberg

Excel

Job description

Structured Products Analyst and Trader

ManhattanLife Insurance and Annuity Company Houston, Texas, United States

About this position

Who we are:

ManhattanLife Insurance and Annuity Company was founded in 1850, the Company’s longevity makes it one of the oldest and most reliable health and life insurance companies in the country. Operating successfully for over 175 years is a testimony to ManhattanLife’s enduring history, and an indicator of the reliability of our future. ManhattanLife’s headquarters are in Houston, TX and the company is continually growing with multiple office locations nation-wide. ManhattanLife offers attractive employee benefits starting day one, including immediate coverage under our health, dental and vision plans. We offer flexible schedules, including shortened hours on Fridays, free parking, company-wide events, professional development, and a company-wide wellness program.

Scope and Purpose:

ManhattanLife is seeking a Structured Products Analyst and Trader to join our investment team. The structured portfolio includes a variety of complex products including Residential Mortgage Backed Securities (RMBS), Asset Backed Securities (ABS), Collateralized Loan Obligations(CLO) and Alternative Investments.

Duties and Responsibilities:

• Conduct fundamental credit analysis across a broad spectrum of asset classes including written research opinions and investment recommendations across sectors.
• Monitor and analyze existing structured product holdings.
• Build internal analytical models and leverage external models for investment decisions.
• Familiarity with public structured market by sector and spread.
• Develop relationships with external brokers and analysts.
• Follow macro trends that affect the overall US and Global economies and consumers, while also following micro trends that affect specific asset classes and issuers.
• Strong written and oral communications are imperative.
• Ability to work closely with investment team.
• Familiarity with regulatory guidelines and updates pertaining to structured sector.
• Additional projects as assigned.

Minimum Qualifications:

Bachelor’s degree in Math, Finance or Business Administration. An MBA or progress toward a CFA is preferred.

Knowledge, Skills and Abilities:

• 3-5 years of experience in fixed income credit analysis, debt capital markets or equity markets.
• Three years’ relevant experience in the structured products sector including RMBS, ABS, CLOs, and Alternative Investments.
• Strong analytical skills and proficiency in Excel and Bloomberg.
• Excellent interpersonal skills.
• Ability to work on own initiative and within tight deadlines, prioritizing in a demanding environment.

Travel Requirements:

• This position may require light travel within a ten-mile radius from one office location to another as needed.
• Attending Industry conferences

Who we are:

ManhattanLife Insurance and Annuity Company was founded in 1850, the Company’s longevity makes it one of the oldest and most reliable health and life insurance companies in the country. Operating successfully for over 175 years is a testimony to ManhattanLife’s enduring history, and an indicator of the reliability of our future. ManhattanLife’s headquarters are in Houston, TX and the company is continually growing with multiple office locations nation-wide. ManhattanLife offers attractive employee benefits starting day one, including immediate coverage under our health, dental and vision plans. We offer flexible schedules, including shortened hours on Fridays, free parking, company-wide events, professional development, and a company-wide wellness program.

Scope and Purpose:

ManhattanLife is seeking a Structured Products Analyst and Trader to join our investment team. The structured portfolio includes a variety of complex products including Residential Mortgage Backed Securities (RMBS), Asset Backed Securities (ABS), Collateralized Loan Obligations(CLO) and Alternative Investments.

Duties and Responsibilities:

• Conduct fundamental credit analysis across a broad spectrum of asset classes including written research opinions and investment recommendations across sectors.
• Monitor and analyze existing structured product holdings.
• Build internal analytical models and leverage external models for investment decisions.
• Familiarity with public structured market by sector and spread.
• Develop relationships with external brokers and analysts.
• Follow macro trends that affect the overall US and Global economies and consumers, while also following micro trends that affect specific asset classes and issuers.
• Strong written and oral communications are imperative.
• Ability to work closely with investment team.
• Familiarity with regulatory guidelines and updates pertaining to structured sector.
• Additional projects as assigned.

Minimum Qualifications:

Bachelor’s degree in Math, Finance or Business Administration. An MBA or progress toward a CFA is preferred.

Knowledge, Skills and Abilities:

• 3-5 years of experience in fixed income credit analysis, debt capital markets or equity markets.
• Three years’ relevant experience in the structured products sector including RMBS, ABS, CLOs, and Alternative Investments.
• Strong analytical skills and proficiency in Excel and Bloomberg.
• Excellent interpersonal skills.
• Ability to work on own initiative and within tight deadlines, prioritizing in a demanding environment.

Travel Requirements:

• This position may require light travel within a ten-mile radius from one office location to another as needed.
• Attending Industry conferences

Professional Development:

• Establish annual objectives for professional growth.
• Keep pace with developments in the discipline.
• Learn and apply technologies that support professional and personal growth.
• Participate in the evaluation process.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is regularly required to stand; walk; use hands to finger, handle or feel objects, type, and use mouse; reach with hands and arms and talk and/or hear. The employee is required to sit for extended periods of time. The position may require lifting, pulling or moving items weighing upwards of 10 pounds as it relates to office or desk supplies.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee regularly works in an office environment. This role routinely uses standard office equipment such as computers, phones via WebEx, physical phone while in office, and photocopiers when necessary.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to the job at any time without notice.

AAP/EEO Statement:

ManhattanLife prohibits discrimination based on race, religion, gender, national origin, age, disability, veteran status, marital status, pregnancy, gender expression or identity, sexual orientation, or any other legally protected status. EOE Employer/Vet/Disabled. ManhattanLife values differences. We are committed to fostering an environment that attracts and retains a diverse workforce. With individuals from a variety of backgrounds, ManhattanLife will be better equipped to service our customers, increase innovation, and reduce risks. We encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment.