Software Development Engineer in Test

# Director, CLO Analytics & Compliance

USAID: 9385---##

Job Description Symetra has an exciting opportunity to join our team as
** Director, CLO Analytics & Compliance!
**** About the role
** SIM is searching for an experienced Director of CLO Portfolio Analytics and Compliance professional to support the growing CLO Platform, which is managed within the $2.5B Leveraged Loan and High Yield Group.  SIM’s parent organization has committed significant capital to support the launch and continued growth of the CLO program.  The CLO platform is a significant new business line for the firm as it further expands into the management of third-party assets.

This individual will oversee the services we outsource specifically to all broadly syndicated leveraged loan and CLO workflows that a Collateral Manager must perform. Additionally, this individual will provide systems and analytical support to senior management and should be detail-oriented, prepared to work in a fast-paced environment working closely with the Senior CLO Portfolio Manager, Head Trader and Head of Research and the broader credit team with daily deadlines, and have a proven ability to work with external service providers (All Vue, IQEQ, Rating Agencies and Auditors).
** Company Overview
** Symetra Investment Management (“SIM”) is a SEC-registered investment advisory firm with approximately $78 billion in assets under management as of March 31, 2025. Symetra Financial Corporation (“SFC”), a diversified financial services company with $68.4 billion in assets as of December 31, 2024, 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, 2024) and has approximately 2.3 million customers and over 2,600 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, 2024.  SIM currently has recently begun marketing its investment management services to third-party institutional investors.
** What you will do
*** Perform oversight and governance of all systems, analytics and compliance aspects of the CLO business, including oversight of outsourced services and Trustee relationship management.
* Manage bank loan trade settlements with the outsourced vendor while ensuring accurate posting of trades on internal systems.
* Monitor all trades within the CLOs on a pre-settlement basis to ensure compliance with the CLO Indenture requirements.
* Test and validate new compliance models as per the CLO Indenture; providing feedback to Middle Office Service provider and Trustee as needed.
* Manage internal/external inquiries and reporting requests, prepare monthly metrics and reporting for senior management review.
* Work closely with our Middle Office Service provider and Trustees to ensure all trade events, Rating Agency actions, and cash movements are gathered and reconciled for all reporting requirements.
* Oversee cash and position breaks with trustees and internal/external operational teams.
* Review Monthly and Quarterly Trustee Reports for accuracy and completeness, supervising the tie-out process to ensure timely delivery.
* Verify quarterly waterfall calculations to ensure correct distributions.
* Liaise between investment team and technology vendor to troubleshoot issues and prioritize enhancement requests.
* Support new fund launches by managing operations from the warehousing stage through Closing Date and Effective Date, including approval of Flow of Funds.
* Establish proper controls and create efficiencies to mitigate risk and improve processes.
* Liaise between investment team and technology vendor to troubleshoot issues and prioritize enhancement requests.
*…