Equity Derivative Portfolio Manager

The Impact:

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

• Together with the quantitative PM, co-manage equity derivative portfolios in one or more segments of the general investment or corporate investment accounts.
• Identify market opportunities, analyze alternative hedging strategies, and execute transactions in order to increase cost-effectiveness of these portfolio.
• Independently perform daily portfolio management activities, reviewing risk, activity, profit and loss attribution, and other lifecycle of portfolios.
• Lead special 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

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

The Ideal Qualifications

• 10+ years of market expertise in equity derivative products
• Experience on cross-asset volatility markets, including interest rate volatility.
• Strong understanding of portfolio management and ALM in a life insurance company
• Deep knowledge of derivatives in all dimensions – risk, economics, tax, accounting
• Advanced quantitative degree (MFE, PhD)
• Proven ability to develop market views, take market risk and be accountable to the profit/loss–
• Strong background/understanding of capital markets and financial instruments.
• 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, LGBTQIA+, 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
  

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.