Senior Quantitative Derivative Portfolio Strategist

MassMutual; Boston (MA); Hybrid; USD 150,000 - 190,000; Full time

Job summary

MassMutual is seeking a Quantitative Derivative Portfolio Manager to support the management of derivative investments across ALM and product portfolios in a hybrid Boston setting. You will perform daily portfolio management activities, rebalance risk, and evaluate relative-value opportunities.

The role focuses on researching hedging strategies using simulations and back-testing, and collaborating with Investment Management, Barings, and Enterprise Risk to optimize risk and capital.

Qualifications

• 3 years of derivative market experience in listed and OTC instruments such as equity options, TRS, futures/forwards, credit derivatives, interest rate swaps/swaptions, and cross-currency swaps.
• Bachelor's degree in Math, Financial Engineering, Computer Science or a related field

Responsibilities

• Support daily portfolio management of derivative portfolios, including risk review, current activity, trade input, attribution, P/L, and lifecycle of portfolios.
• Identify market opportunities, analyze hedging strategies, and suggest transactions to increase hedge effectiveness.
• Develop bespoke simulation, back-testing and other research projects.
• Collaborate with MassMutual teams including enterprise risk, corporate actuarial, finance and accounting, and external partners.

Skills

Derivative market experience

Quantitative analysis

Python

SQL

Education

Bachelor's degree in Math/Financial Engineering/CS

Job description

MassMutual is seeking a Quantitative Derivative Portfolio Manager to support the management of derivative investments across ALM and product portfolios in a hybrid Boston setting. You will perform daily portfolio management activities, rebalance risk, and evaluate relative-value opportunities.

The role focuses on researching hedging strategies using simulations and back-testing, and collaborating with Investment Management, Barings, and Enterprise Risk to optimize risk and capital.