Lead Quant Credit Strategist 

Credit Research & Advanced Analytics

New York, NY or Boston, MA

The Opportunity

As a strategist, you’ll be responsible for providing quantitative investment insights on MassMutual’s private credit investments, leveraging both third party tools and proprietary models. The role overtime will grow to even greater responsibility in shaping MassMutual’s investment allocation, products pricing, and ALM.

The Team

The immediate team is composed of quantitative developers and strategists with proclivity for solving both technical and business problems. The team is part of the larger R&D group within Investment Management overseeing the General Investment Account. The team is very hands-on and proactive about engaging new ideas and challenges.

The Impact

You will provide analytic and investment insights on the private credit book and other illiquid assets to influence portfolio managers' allocation decisions. You will drive value-add thought leadership to asset allocators and corporate stakeholders on quant credit and high-impact projects, enhancing and protecting net investment income. Collaborate closely with portfolio managers on deals, offering a quantitative view on risk and due diligence. Develop statistical models for risk assessment and asset performance forecasting, leverage alternative data for investment insights, quantify cashflow uncertainty on deals, develop a security master for private assets, and estimate spread duration and the value of embedded options on deals.

The Minimum Qualifications

10+ years working in financial services as a strategist, portfolio manager, or risk managerBachelor’s in a technical fieldDeep knowledge of the private credit markets, including but not limited to middle market loans, portfolio funding, real estate, and ABSExperience working on private market deals as a stakeholderCapability in developing and applying statistical and econometric modelsExperience with working with imbalanced dataKnowledge of accounting and regulatory regimesExcellent communication skills explaining complicated quantitative concepts to nontechnical stakeholders and influencing portfolio managersExperience in providing requirements to developers and managing project from development to productionPython scripting proficiency and data visualization

The Ideal Qualifications

Master’s degree in financial engineering, statistics, machine learning, econometrics or similar disciplinesExperience structuring private ABS dealsKnowledge of the CLO, public ABS, middle market loans, WSLs, and HY corporatesRelevant certifications: CQF, CFA, ARPM, FRM, PRM, or CAIAKnowledge of Python’s analytic and statistical modeling package ecosystemIntex and/or other cashflow enginesCommercial risk models

What to Expect as Part of MassMutual and the Team

Regular meetings with teamFocused one-on-one meetings with your managerNetworking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran, and disability-focused Business Resource GroupsAccess to learning content on Degreed and other informational platformsYour ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefitsMassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. EEO Statement (Opens in new window)

MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.

Salary Range: $163,900.00-$215,000.00