Pay Philosophy
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description

THE POSITION

We are looking for an experienced CLO Trader who will use their knowledge of CLO structures and capital markets to identify profitable trading opportunities within the CLO capital stack and support execution of the CLO investment strategy. The role will require the candidate to work closely with our Portfolio Manager to source and implement strategic CLO investments and contribute to day-to-day trading and long-term portfolio goals. This role demands a deep understanding of the CLO market, including price dynamics, risk assessment, capital structure analysis and the ability to translate insights into actionable strategies.

Qualifications

• Educational Background: Bachelor’s degree in finance, Economics, or related field; CFA, MBA, or other relevant certifications preferred.
• Experience:
• 5-8+ years of experience in CLO or structured products trading with a focus on relative value opportunities and credit analysis.
• Strong background in CLO structures, with cross-sector knowledge in other securitized products such as ABS, RMBS, and CMBS a plus.
• Technical Skills:
• Expertise in financial modeling and cash flow analysis for structured products.
• Proficiency in trading platforms and financial data providers (e.g., Bloomberg, Intex, S&P Capital IQ).
• Advanced Excel skills; experience with programming languages (Python, VBA) is a plus.
• Other Skills:
• Strong analytical skills, with the ability to identify and act on relative value opportunities.
• Excellent communication and interpersonal skills, particularly in collaborating with portfolio management teams and articulating trade ideas

• Investment Sourcing: Utilize capital markets relationships to lead the sourcing of CLO investments in primary and secondary markets across the capital stack that are consistent with portfolio objectives and current strategy.
• Relative Value Trading: Leverage expertise in structured finance and quantitative methods to identify and execute relative value trading opportunities that will add trading-based alpha to the CLO and Structured Products portfolios.
• Strategy Development: Provide market-driven insights to propose specific and actionable recommendations for short and long-term portfolio tilts.
• Investment Analysis: Collaborate with the CLO team to perform deep manager, deal and portfolio analysis on existing and potential investments; in particular, providing insight into how market risks may offset or compound fundamental risks.
• Market Intelligence: Develop and maintain relationships with brokers, CLO issuers and other structured products trading desks to stay current on market activity and trade flows.
• Portfolio Surveillance: As a part of the CLO team, present market updates, portfolio analysis and trade rationales to senior management.
• Grow exposure to other asset classes: The role will also provide the opportunity to grow the candidate’s skillset by providing additional trading support to the Structured Products team for ABS and other structured assets.

Qualifications

• Educational Background: Bachelor’s degree in finance, Economics, or related field; CFA, MBA, or other relevant certifications preferred.
• Experience:
• 5-8+ years of experience in CLO or structured products trading with a focus on relative value opportunities and credit analysis.
• Strong background in CLO structures, with cross-sector knowledge in other securitized products such as ABS, RMBS, and CMBS a plus.
• Technical Skills:
• Expertise in financial modeling and cash flow analysis for structured products.
• Proficiency in trading platforms and financial data providers (e.g., Bloomberg, Intex, S&P Capital IQ).
• Advanced Excel skills; experience with programming languages (Python, VBA) is a plus.
• Other Skills:
• Strong analytical skills, with the ability to identify and act on relative value opportunities.
• Excellent communication and interpersonal skills, particularly in collaborating with portfolio management teams and articulating trade ideas.

About Us
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran’s status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.