Trader (Corporate Bonds) jobs in Washington

Symetra has an exciting opportunity to join our team as a Corporate Credit Trader!

About the role

The Corporate Credit Trader will have broad responsibilities reaching across corporate fixed income to develop tactical and strategic trading approaches to help meet key portfolio objectives while actively participating in relative value opportunities and generating ideas to improve the existing portfolio.You'll have trading responsibilities across all corporate credit sectors, primarily in the investment grade universe. Investment grade focus with High Yield and Private Placement experience is helpful.

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 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 currently plans to enter the third-party investment management market in the short to intermediate term.

What you will do

• Credit trading: utilizing broad knowledge of corporate credit trading, pricing, execution, risk management, and relative value. Complete all aspects of trading - from execution, booking, and settlements to modeling and developing new trade ideas Utilize electronic trading platforms. Present trading ideas to the PM/Analyst team supported by a well-developed investment thesis.
• Establish and build broker/dealer relationships, including those with syndicates.
• Formulate and effectively communicate investment recommendations that add value to the portfolios. Work directly with Credit Research, Portfolio Management and Risk teams as well as other members of the Symetra investment department.
• Provide quantitative/analytical and qualitative support.

Why work at Symetra

"If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work." Cris H. - AVP Internal Sales, Training and Development

"Symetra is inclusive of all employees regardless of their personal differences." Darrell J. - Actuary III

"Symetra values learning. Symetra has so many resources - whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions." Felicia D. - Financial Reporting Lead Senior Analyst

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

Compensation

Salary Range: $100,300 - $167,100 plus eligibility for annual bonus program

Who you are

• Strong academic credentials.
• A Bachelors level degree is required and a post-graduate degree or professional qualification (e.g. Chartered Financial Analyst) is preferred.
• 2-8 years of corporate credit trading experience on either the buy side or the sell side.
• Ability to provide quantitative/analytical and qualitative evidence to support an investment thesis.
• Established sell-side relationships with traders, syndicate and capital markets.
• Comfort dealing with uncertainty and risk, and ability to make investment decisions that are supported by rigorous analysis and communicated with strong conviction.
• Strong understanding of investment concepts, coupled with passion and intellectual curiosity.
• High level of initiative and experience developing and implementing value added investment recommendations.
• Ability to work effectively in a small, collaborative team, while also communicating and interacting with a larger group of investment professionals.

Note: This position is in Farmington, CT and it will be a hybrid work environment.

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 perspectives, 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 .

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:

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.

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