Equity Derivative Portfolio Manager

The Impact:

The Equity Derivative Portfolio Manager will be accountable for the following:

1. Together with the quantitative PM, co-manage equity derivative portfolios in one or more segments of the general investment or corporate investment accounts.
2. Identify market opportunities, analyze alternative hedging strategies, and execute transactions in order to increase cost-effectiveness of these portfolios.
3. Independently perform daily portfolio management activities, reviewing risk, activity, profit and loss attribution, and other lifecycle of portfolios.
4. Lead special simulation, back testing, and/or other research projects.
5. Collaborate with colleagues in other areas of MassMutual as needed – enterprise risk, corporate actuarial, finance and accounting, etc.

The Minimum Qualifications:

1. Bachelor’s in STEM or related degree
2. 7+ years of market expertise in equity derivative products
3. 7+ years of quantitative expertise: statistics, mathematics, and computer science (python / SQL required)

The Ideal Qualifications:

1. 10+ years of market expertise in equity derivative products
2. Experience on cross-asset volatility markets, including interest rate volatility.
3. Strong understanding of portfolio management and ALM in a life insurance company
4. Deep knowledge of derivatives in all dimensions – risk, economics, tax, accounting
5. Advanced quantitative degree (MFE, PhD)
6. Proven ability to develop market views, take market risk and be accountable to the profit/loss.
7. Strong background/understanding of capital markets and financial instruments.
8. Strong communication skills and ability to discuss technical topics to non-experts.

What to Expect as Part of MassMutual and the Team:

1. Regular team meetings
2. Focused one-on-one meetings with your manager
3. Access to mentorship opportunities
4. Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups
5. Access to learning content on Degreed and other informational platforms
6. Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits.

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.