What are the responsibilities and job description for the Private Placement Investment Analyst (Hybrid) position at Securian?
Securian Asset Management is seeking a Private Placement Investment Analyst to join our Investment Grade Private Placement team. This is an excellent opportunity for an investment professional to build deep credit expertise while supporting the continued growth of our high-quality private placement portfolio.
As a member of the team, you will work closely with senior analysts and portfolio managers to evaluate new investment opportunities, monitor existing holdings, and contribute meaningfully to investment decisions across a broad range of industries. This role offers hands-on exposure to private credit markets, fundamental credit analysis, and the full investment lifecycle.
What You'll Do
Responsibilities may include, but are not limited to:
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
What We're Looking For
Required Qualifications
Bachelor's degree in finance, accounting, economics, business, or a related quantitative field
Approximately 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
Preferred Qualifications
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
*Internal Securian Asset Management job title for this position is Asset Management Sr. Analyst*
Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. This position requires you to work within a in a commutable distance (90 minutes) of our Home Office in St. Paul, MN. You'll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.
Preferred Skills:
The estimated base pay range for this job is:
Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.
Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:
Paid time off:
We want you to take time off for what matters most to you. 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: Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.
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. Dedicated groups focus on a variety of interests and affinities, including:
Mental Wellness and Disability
Pride at Securian Financial
Securian Young Professionals Network
Securian Multicultural Network
Securian Women and Allies Network
Servicemember Associate Resource Group
For more information regarding Securian's benefits, please review our Benefits page.
This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.
Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
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Securian Financial Group, Inc. considers applicants for all positions without regard to race, color, creed, religion, national origin, sex, gender identity, sexual orientation, genetic information, age, marital or familial status, status with regard to public assistance, disability, or Veteran status. All applicants will be considered solely on the basis of their qualifications.
Salary : $75,200 - $165,500