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Fixed Income Credit Lead

Employer
MassMutual
Location
Hartford, USA
Salary
Competitive
Closing date
Feb 24, 2024

View more

Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
  • The Opportunity

    The primary responsibility of this role is to research, analyze and monitor opportunities and risks across a broad platform of fixed income investments and provide timely recommendations.

    Fixed Income Analyst will work closely with the Portfolio Managers and Head of Fixed Income Portfolio Management and will have direct responsibility for the primary coverage of assigned sectors of MassMutual's General Investment Account (GIA.) The focus will be deep fundamental credit analysis and security selection within assigned fixed income asset classes

    The incumbent will support the management of fixed income strategies across insurance segments

    The Team
  • The Fixed Income Portfolio Management (FIPM) team has responsibility for asset allocation, fundamental credit underwriting and monitoring, ESG investment strategy, and macroeconomic research. FIPM works with other teams in Investment Management to manage the product segment portfolios and the approximately $250 billion General Investment Account (GIA) as a whole, pairing fundamental investment analysis and asset allocation skills with quantitative and asset/liability management expertise. This high profile group works across all of Investment Management as well as with our other internal stakeholders including product, actuarial, treasury, accounting and risk, among others.

The Impact:
  • Act as the in-house expert and thought leader for designated areas of concentration
  • Execute fundamental credit analysis of individual holdings within various fixed income asset classes and recommendations of action where necessary. Recommendations are used by Portfolio Managers, Head of Asset Allocation, and Head of FIPM to drive and influence investment decisions for the GIA, and decision recommendations are aligned to our investment philosophy/fit our long-term strategy (i.e. patient, long-only investment s style that strives to manage risks and take advantage of opportunities)
  • Research, underwrite, analyze, and monitor multiple fixed income asset classes including bringing names and/or strategies through the Investment Committee(s) .
  • Conduct in-depth research of various investment-related topics relative to evaluation of potential future investment opportunities as well as current General Investment Account (GIA) holdings . Provide bottom-up, fundamental analysis and generate investment insights that are dynamic and additive to performance, relative to benchmark and pricing assumptions. Deep, thorough and original credit research results in actionable, real-time investment decisions across assigned sectors.
  • Work with owned and/or outside asset managers to review their General Investment Account fixed income portfolios, strategy and performance and provide recommendations to senior leadership of Global Fixed Income
  • Contribute to MassMutual Investment Management's collaborative investment process by sharing views with Investment Management (leadership/PMs and Analysts), providing critical input to the team related to their analysis and associated buy/sell recommendations
  • The Minimum Qualifications
  • Minimum 10 years of relevant experience with full sector and security selection responsibility

    Strong experience in High Yield and/or Investment Grade Corporate credit analysis required. Well-developed analytical skills reflected in superior credit and/or cash-flow analysis.

    The Ideal Qualifications

    Strong communication skills that result in succinct and defensible recommendations.

    A systematic and deep thought process with the ability to understand and articulate portfolio implications of individual bond ideas.

    A high degree of intellect, curiosity, drive for continued improvement, and a passion for investing.

    Attention to detail, strength of conviction, ability to think independently, and generate original ideas and opinions.

    A desire to work in a collegial team-oriented environment and openness to discussing, sharing, and debating original investment ideas with a collaborative style.

#LI-IZ1
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

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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