Lead Quant Credit Strategist

MassMutual • Boston, NY

3d

About The Position

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 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.

Requirements

• 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

Nice To Haves

• 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, BSLs, 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

Responsibilities

• Provide analytic and investment insights on the private credit book and other illiquid assets to influence portfolio managers' allocation decisions.
• 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.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees