What are the responsibilities and job description for the Investment Professional Debt Private Placements position at State Farm?
Investment Professional Debt Private Placements
US-TX-Richardson
Job ID : 2025-40222
Type : Regular Full Time
of Openings : 2
Category : Accounting and Financial
Richardson, TX
Overview
Being good neighbors - helping people, investing in our communities, and making the world a better place - is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good! The State Farm Investment Department is a leading investment manager entrusted with managing $350 billion in support of the company's auto, home, and life insurance products. Within the Investment Department, the Private Placement Team manages nearly $19 billion in private debt securities and executes approximately $4 billion in transactions per year.
We are looking to add an Investment Professional to the Private Placement team of Corporate Bonds. Individuals in this role perform in-depth research on predominantly unrated debt securities. Team members negotiate new deal terms with investment bankers, determine relative value of investment opportunities, and collaborate with legal counsel to structure new debt investments and amend existing agreements. New team members will have the opportunity to develop and demonstrate a broad range of skills in the areas of investment analysis, valuation and trading, and portfolio management of fixed income securities. Team members earn additional responsibility and authority over time by demonstrating capability.
This position is based at State Farm's growing investment platform at CityLine in Richardson, Texas, in the fast-growing Dallas-Fort Worth metro area. This position is eligible for relocation benefits. The Investments Department operates a hybrid schedule with three in-office days per week to foster collaboration.
Responsibilities
- Perform fundamental research and financial analysis of companies and investment structures for State Farm's private placement bond portfolio.
- Construct investment recommendations and present in oral and written form, using bottom-up and top-down analysis.
- Engage management of companies, ask questions, and travel to meet issuers on-site.
- Integrate legal analysis of private placement security documentation into transaction covenant negotiation.
- Complete routine and ad hoc reporting.
- Represent State Farm with external partners, including industry trade groups and investment bankers.
- Assist in expanding State Farm's presence in the private placement market and help grow private placement opportunities.
Qualifications
Please see job description
PI260680125
