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MassMutual

Fixed Income Investment Analyst

MassMutual, Boston, Massachusetts, us, 02298

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Fixed Income Investment Analyst

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MassMutual .

The Opportunity As an Investment Analyst, you will be part of a team responsible for investment data curation and analytics reporting for MassMutual’s general investment account (GIA). In this role you will perform asset curation and data staging for the Market Risk system while continuously improving existing processes. This will require partnership with IT professionals, communication with asset managers, and collaboration with internal stakeholders within Investment Management’s portfolio management teams. Your work will inform MassMutual’s hedging strategies and influence MassMutual’s financial performance.

The Team This position will be part of the Quantitative Research and Development (R&D) team within Investment Management. The team has a primary focus and responsibility for researching new ideas and strategies and for developing underlying technologies and analytics across MassMutual’s hedging programs. As part of R&D, you will have numerous opportunities to learn, develop, and apply new skills using the latest technologies within a continuously evolving business and market landscape. Our collaborative environment and inclusive culture will encourage you to contribute ideas and participate in a wide range of initiatives across the department.

The Impact

Perform fixed income asset data curation and staging process for MassMutual’s general investment account asset models, influencing portfolio hedging

Validate accuracy of asset analytics, such as spread, yield and duration, and remedy any identified data issues

Collaborate with asset managers to implement a modeling approach for new fixed income investments

Communicate the monthly model results to internal stakeholders in Investment Management, Corporate Actuarial, Enterprise Risk Management and CFO

Continuously improving the new data curation system, by defining new requirements and performing user acceptance testing

Automate existing curation workflows to reduce manual touchpoints, increasing efficiency and accuracy

Contribute to regular Cash Flow Testing exercise through data cleaning and curation

Demonstrate GIA asset model completeness through data traceability and reconciliation to financial statements

Guide and mentor junior team members as a subject matter expert of the data curation system and methodologies

The Minimum Qualifications

Bachelor’s degree in computer science, engineering, math or related degree

7+ years relevant work experience in investment management, ALM, or asset modeling

5+ years of fixed income securities experience

3+ years of programming experience in a language such as Python, VBA, or SQL

The Ideal Qualifications

Master’s degree in computer science, engineering, math or related degree or certification (CFA, FSA, ASA)

Expertise in fixed income, structured, and derivative instruments used for life insurance company asset and liability management

Strong modeling and technical skillset

Comfortable working with large datasets

Intellectual curiosity to explore new technology and find alternative solutions

Experience writing requirements, bug reports, and performing user acceptance testing as part of an agile software development cycle

Ability to prioritize multiple projects simultaneously

Demonstrated knowledge of financial greeks

Clear and concise written and verbal communication skills

What to Expect as Part of MassMutual and the Team

Regular meetings with the Quantitative Credit Analytics Team

Focused one-on-one meetings with your manager

Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups

Access to learning content on Degreed and other informational platforms

Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

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