State Farm
Investment Professional – Debt Private Placements
Richardson, TX
Jan 25, 2025
Full Job Description
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

  • 3-7 years of relevant work experience.
  • Graduate or undergraduate degree with coursework in accounting, finance, economics or related field. Unofficial transcript required.
  • Record of achievement in professional and academic pursuits. Willingness to pursue the CFA designation and MBA.
  • Analytical, inquisitive, energetic, and self-driven with an interest in investments and financial markets.
  • Critical thinking skills with ability to process large amounts of information, develop insights, and assess risk while maintaining attention to detail.
  • Ability to work both independently and collaboratively within a team environment.
  • Excellent prioritization, time management, and decision-making skills to meet multiple market-driven deadlines simultaneously.
  • Strong written and verbal communication skills with an ability to articulate and support research findings.
  • Exposure to financial and/or legal documents a plus.
  • Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity.

Our Benefits

Because work-life-balance is a priority at State Farm, we offer:

  • Competitive starting salary based on skills, background, and experience
  • Potential yearly incentive bonus pay

At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!

  • Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
  • Stay Well! Focus on you and your family’s health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
  • Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
  • Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
  • Take a Little “You” Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
  • Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
  • Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.

Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!

#LI-JM1

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Job Information
Job Category:
Accounting
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Investment Professional – Debt Private Placements
State Farm
Richardson, TX
Jan 25, 2025
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