MM

MM

Strategic Credit Associate

Boston, MA · Full-time

Sponsorship not specified$145k-$190kDetected 9 days ago
Financial ModelingAccountingExcelValuationResearchLeadershipCommunicationPublic SpeakingMicrosoft OfficeActuarial ScienceUnderwritingCFA

About the role

  • MassMutual is seeking a highly motivated, solution-oriented investment professional to join MassMutual Investment Management's Fixed Income Portfolio Management team.
  • The role reports to the Head of Strategic Credit.

Responsibilities

  • Conduct in-depth macro, asset class, and sector-level research to evaluate new investment opportunities, inform views on current GIA holdings, and support real-time investment decisions.
  • Lead cross-functional execution on transactions by partnering with external counterparties and internal teams, including operations, legal, accounting, and risk, to advance deals and resolve complex structural or legal issues.
  • Maintain and develop relationships with affiliate and third-party asset managers, oversee existing portfolio holdings, assess ongoing performance, and provide actionable recommendations to Portfolio Managers and senior leadership.
  • Experience reviewing complex transaction documents, including LPAs, indentures, and subscription agreements, in partnership with transaction counsel.
  • Ability to lead diligence on private transactions and serve as a trusted point of contact for external managers, counterparties, counsel, and internal partners.

Requirements

  • Bachelor's degree
  • 5+ years of experience in financial modeling, enterprise valuation, and fundamental credit analysis.
  • Advanced degree, such as an MBA, or CFA designation.
  • Strong Excel modeling skills and proficiency with Microsoft Office, with the ability to analyze complex datasets and translate findings into actionable insights.
  • In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services.

Skills

  • Strategic Credit Associate
  • Fixed Income Portfolio Management Team
  • Full-Time, Boston, MA

Compensation

  • At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees.
  • Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
  • A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits.
  • $144,800-$190,000

Benefits

  • As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first.
  • For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

Company info

  • The Fixed Income Portfolio Management (FIPM) team is responsible for asset allocation, fundamental credit underwriting and monitoring, ESG investment strategy, and macroeconomic research.
  • FIPM is a small, highly collaborative team that works with partners across Investment Management to manage the product segment portfolios within the GIA.
  • The team combines fundamental investment analysis and asset allocation skills with quantitative and asset/liability management expertise.
  • This high-profile group works across Investment Management and with internal stakeholders in product, actuarial, treasury, accounting, risk, legal, compliance, and other areas.
  • As a Strategic Credit Associate, key responsibilities include but are not limited to:
  • Execute fundamental credit and strategic analysis and assess relative value across credit asset classes, generating timely, actionable insights that inform GIA portfolio decisions and align with MassMutual's long-term, patient investment philosophy which aims to maximize risk-adjusted returns.
  • Prepare and present high-quality investment recommendations, memos, and presentations on strategic topics to Investment Committees, senior leadership, and other key stakeholders.
  • Contribute to MassMutual Investment Management's collaborative investment process by sharing views and analysis with Portfolio Managers, Analysts, and Investment Management leaders.
  • The Minimum Qualifications
  • 5+ years of relevant experience in credit underwriting, investment banking, corporate development, asset management, or a related investment role.
  • The Ideal Qualifications
  • Experience structuring, underwriting, and executing private credit transactions, such as leveraged loans, CLOs, CFOs, ABS, convertible notes, or similar investments.
  • Exceptional written and verbal communication skills, with experience presenting clear, well-supported investment recommendations to Investment Committees, senior leaders, or client audiences.
  • Ability to assess individual investment opportunities while clearly articulating portfolio-level considerations, risks, and tradeoffs.
  • Comfort working across multiple asset classes and investment strategies, with a flexible, open-minded approach to evaluating ideas and perspectives.
  • High standards of integrity, intellectual curiosity, attention to detail, and a collaborative mindset that supports thoughtful debate and continuous improvement.
  • What You Can Expect at MassMutual
  • MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes.
  • In this role, you can expect:
  • Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
  • A collaborative environment where perspectives are welcomed

Equal opportunity

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

This listing is sourced directly from MM's careers page and normalized into a canonical job model.