Private Placement Investment Analyst (Hybrid)
Securian Asset Management is seeking a Private Placement Investment Analyst to join our Investment Grade Private Placement team. This role involves evaluating new investment opportunities, monitoring existing holdings, and contributing to investment decisions across various industries, while building expertise in private credit markets and fundamental credit analysis.
Responsibilities
- Support underwriting of new Investment Grade debt private placements across a variety of industries through fundamental credit analysis and relative value assessment
- Prepare detailed credit memos and financial models that clearly summarize issuer fundamentals, transaction structure, key risks, and investment rationale for internal review
- Assist with transaction due diligence, including reviewing offering materials and coordinating with senior team members on investment-specific analysis
- Review transaction legal documentation alongside senior analysts to understand covenant structures, creditor protections, and overall deal terms
- Monitor existing portfolio investments by tracking issuer performance, financial statements, covenant compliance, rating agency actions, and relevant market or industry developments
- Support recommendations for covenant amendments or waivers by analyzing issuer performance and credit implications
- Engage with Private Placement agents and internal stakeholders to support deal sourcing and execution efforts
- Participate in internal meetings, including credit discussions and watchlist reviews, contributing analysis and insights as appropriate
- Assist with team and firm initiatives, including process improvements, research projects, and ad hoc analytical requests
Skills
- Bachelor's degree in finance, accounting, economics, business, or a related quantitative field
- Approximately 1–3 years of relevant experience, such as credit analysis, investment analysis, banking, asset management, insurance, big 4 accounting firm or similar financial roles
- Foundational understanding of financial accounting, financial statement analysis, and credit fundamentals
- Strong analytical skills with the ability to interpret financial data and identify key risks and drivers
- Clear written and verbal communication skills, with the ability to summarize complex information concisely
- Proficiency in Microsoft Excel, Word, and PowerPoint
- High level of intellectual curiosity, attention to detail, and a collaborative mindset
- Exposure to private placements, leveraged finance, or fixed income credit through work experience or internships
- Progress toward or interest in pursuing the CFA designation or MBA
- Familiarity with debt structures, credit agreements, or covenant analysis
- Experience working in an investment, banking, insurance, or asset management environment
Benefits
- Paid time off: Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what’s important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.
- Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
- Holidays: Securian provides nine company paid holidays.
- Company-funded pension plan and a 401(k) retirement plan: Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent.
- Health insurance: From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.
- Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
- Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs.
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