• LOCATION:NONE

See The Original Here

Associate Derivative Portfolio Manager

Boston, MassachusettsInvestment ManagementR15856Job IDApply

Associate Derivative Portfolio Manager

Role

Investment Management

Department

Quantitative Portfolio Management

Team

Boston - Hybrid

Location

Full-Time (3+ days in office per week)

Position

The Opportunity

The Associate Derivative Portfolio Manager will be supporting the management of derivative portfolios in one or more segments of the general or corporate investment accounts. This includes performing daily portfolio management activities, such as rebalancing risk and evaluating tactical relative-value tradeoffs, while also contributing to the research of alternative hedging strategies employing simulation and back-testing techniques. The Associate Derivative Portfolio Manager will work closely with teams across Investment Management, Barings, and Enterprise Risk. Multiple opportunities available with a focus on Rate, Credit, or FX derivative management.

The Team

The

Quantitative Portfolio Management (QPM)

The Impact

The Associate Derivative Portfolio Manager will be accountable for the following

  • Support of daily portfolio management activities like review of current risk, recent activity, trade input, attribution, profit and loss, and lifecycle of portfolios
  • Identify market opportunities, analyze alternative hedging strategies, and suggest transactions, to increase hedge effectiveness for portfolio management
  • Develop bespoke simulation, back-testing and/or other research projects
  • Collaborate with colleagues in other areas of MassMutual as needed enterprise risk, corporate actuarial, finance and accounting, etc.

The Minimum Qualifications

  • 5+ years of derivative market experience in at least one of the following listed and OTC equity options, TRS, futures/forwards, CDX, interest rate swaps/swaptions, and cross-currency swaps
  • Bachelors in a STEM or related degree

The Ideal Qualifications

  • 7+ years of derivative market experience
  • Strong background/understanding of capital markets and financial instruments
  • Strong quantitative expertise statistics, mathematics, and computer science (python / SQL required)
  • Ability to develop market views
  • Deep knowledge of derivatives in all dimensions risk, economics, tax, accounting
  • Advanced quantitative degree (MFE, PhD)
  • Strong understanding of portfolio management and ALM in a life insurance company
  • Strong communication skills and ability to discuss technical topics to non-experts

What to Expect as Part of MassMutual and the Team

  • Regular team meetings
  • Focused one-on-one meetings with your manager
  • Access to mentorship opportunities
  • 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

#LI-FT1

EEO Statement(Opens in new window)

MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment.

Salary Range $107,700.00-$141,300.00Apply