Strategic Credit Associate
$144,800–$190,000 year
On-siteBoston, Massachusetts, United States
Job Summary
Execute fundamental credit and strategic analysis across investment grade, high yield, and private credit asset classes to assess relative value for MassMutual's $250 billion General Investment Account. Conduct in-depth macro and sector-level research to inform investment committee decisions and generate actionable insights on new opportunities and current holdings. Lead cross-functional execution on transactions by partnering with external counterparties and internal teams to resolve complex structural or legal issues. Maintain relationships with affiliate asset managers, oversee existing portfolio holdings, and provide recommendations to Portfolio Managers and senior leadership. Prepare high-quality memos and presentations on strategic topics for key stakeholders. This role reports to the Head of Strategic Credit within a small, collaborative Fixed Income Portfolio Management team focused on ESG strategy and asset allocation.
Required Qualifications
- Bachelor's degree
- 5+ years of relevant experience in credit underwriting, investment banking, corporate development, asset management, or a related investment role
- 5+ years of experience in financial modeling, enterprise valuation, and fundamental credit analysis
Desired Qualifications
- Advanced degree, such as an MBA, or CFA designation
- Experience structuring, underwriting, and executing private credit transactions, such as leveraged loans, CLOs, CFOs, ABS, convertible notes, or similar investments
- Experience reviewing complex transaction documents, including LPAs, indentures, and subscription agreements, in partnership with transaction counsel
- Ability to lead diligence on private transactions and serve as a trusted point of contact for external managers, counterparties, counsel, and internal partners
- Exceptional written and verbal communication skills, with experience presenting clear, well-supported investment recommendations to Investment Committees, senior leaders, or client audiences
- Ability to assess individual investment opportunities while clearly articulating portfolio-level considerations, risks, and tradeoffs
- Comfort working across multiple asset classes and investment strategies, with a flexible, open-minded approach to evaluating ideas and perspectives
- Strong Excel modeling skills and proficiency with Microsoft Office, with the ability to analyze complex datasets and translate findings into actionable insights
- High standards of integrity, intellectual curiosity, attention to detail, and a collaborative mindset that supports thoughtful debate and continuous improvement
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.