MassMutual
Overview
Lead Quant Credit Strategist role at MassMutual.
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 over time will grow to greater responsibility in shaping MassMutual’s investment allocation, product pricing, and ALM.
The Team The immediate team is composed of quantitative developers and strategists with a 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 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 manager
Bachelor’s in a technical field
Deep knowledge of the private credit markets, including but not limited to middle market loans, portfolio funding, real estate, and ABS
Experience working on private market deals as a stakeholder
Capability in developing and applying statistical and econometric models
Experience with working with imbalanced data
Knowledge of accounting and regulatory regimes
Excellent communication skills explaining complicated quantitative concepts to nontechnical stakeholders and influencing portfolio managers
Experience in providing requirements to developers and managing project from development to production
Python scripting proficiency and data visualization
The Ideal Qualifications
Master’s degree in financial engineering, statistics, machine learning, econometrics or similar disciplines
Experience structuring private ABS deals
Knowledge of the CLO, public ABS, middle market loans, WSLs, and HY corporates
Relevant certifications: CQF, CFA, ARPM, FRM, PRM, or CAIA
Knowledge of Python’s analytic and statistical modeling package ecosystem
Intex and/or other cashflow engines
Commercial risk models
What to Expect as Part of MassMutual and the Team
Regular meetings with team
Focused one-on-one meetings with your manager
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, 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.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Research, Analyst, and Information Technology
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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 over time will grow to greater responsibility in shaping MassMutual’s investment allocation, product pricing, and ALM.
The Team The immediate team is composed of quantitative developers and strategists with a 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 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 manager
Bachelor’s in a technical field
Deep knowledge of the private credit markets, including but not limited to middle market loans, portfolio funding, real estate, and ABS
Experience working on private market deals as a stakeholder
Capability in developing and applying statistical and econometric models
Experience with working with imbalanced data
Knowledge of accounting and regulatory regimes
Excellent communication skills explaining complicated quantitative concepts to nontechnical stakeholders and influencing portfolio managers
Experience in providing requirements to developers and managing project from development to production
Python scripting proficiency and data visualization
The Ideal Qualifications
Master’s degree in financial engineering, statistics, machine learning, econometrics or similar disciplines
Experience structuring private ABS deals
Knowledge of the CLO, public ABS, middle market loans, WSLs, and HY corporates
Relevant certifications: CQF, CFA, ARPM, FRM, PRM, or CAIA
Knowledge of Python’s analytic and statistical modeling package ecosystem
Intex and/or other cashflow engines
Commercial risk models
What to Expect as Part of MassMutual and the Team
Regular meetings with team
Focused one-on-one meetings with your manager
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, 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.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Research, Analyst, and Information Technology
#J-18808-Ljbffr