Credit Process and Analytics Analyst

Credit Process and Analytics Analyst

Enterprise Risk Management Team

Full-Time

Boston, MA, Springfield, MA or New York, NY

The Opportunity

As a Credit Process and Analytics Consultant,you’llsupport the credit risk analytics and allowance workflow supporting the firm’s Allowance for Credit Losses (ACL) across CECL and Available-for-Sale (AFS) portfolios. In partnership with the Head of CECL Credit Analytics,you’llwork on the end-to-end credit riskcomponentof the allowance lifecycle—from model execution through portfolio assessment and qualitative adjustments—ensuring outputs areaccurate, well-documented, and aligned to accounting and model governance standards.You’llpartner closely with Finance and Accounting to deliver clear,timelycredit insights that support enterprise allowance reporting in a matrixed environment.

The Team

You’lljoin Credit & Investment Risk Management (CIRM), partnering with portfolio management, fundamental credit analysis, Finance/Controllership, Model Risk Management, and data/technology teams. The team combines quantitative modelingexpertisewith credit judgment to explain allowance movements,identifyemerging risks, and support high-quality financial reporting. The culture is analytical, collaborative, and focused on strong governance and documentation.

The Impact

In this role,you’llsupport the execution of credit risk analytics and allowance activities, working closely with senior team members andcross‑functionalpartners to deliveraccurate,well‑documentedoutputs that support financial reporting.

Credit Risk Analytics & Allowance Execution

• Execute monthly and quarterly credit loss models for CECL and AFS portfolios, and analyze model outputs, key assumptions, and drivers of change.

• Support sensitivity analysis, stress testing, and portfolio reviews to assess the impact of economic conditions and emerging credit risks.

Qualitative Adjustments & Portfolio Review

• Assistin developing and documentingcredit‑drivenqualitative adjustments to address model limitations andportfolio‑specificrisks.

• Partner with portfolio managers and credit analysts to incorporate credit migration trends, sector developments, and fundamental risk insights.

• Perform AFS security reviews to support credit impairment assessments.

Cross‑FunctionalPartnership & Governance

• Support Finance, Accounting, and Model Risk Management withaccuratecredit analytics, documentation, and materials for financial reporting and model validation.

• Maintain clear documentation of processes, assumptions, and methodologies, andassistwith internal and external audit requests.

Minimum Qualifications

• Bachelor’s degree 

• 5+ years of experience in credit risk management, credit analytics, or quantitative risk modeling within the financial services industry.

• 3+ years ofexperienceworking with credit risk fundamentals, portfolio credit quality metrics (PD, LGD, EAD), CECL (ASC 326), or AFS impairment standards. 

• 3+ years of experience analyzing large datasets, interpreting complex model outputs, and synthesizing findings into clear, credit-focused narratives.

MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect: 

• Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes

• A collaborative environment where perspectives are welcomed

• Access to learning, development, and internal networks that support continuous growth and skill-building over time

• Employee-led communities and forums that foster connection, learning, and inclusion across the organization

• A culture grounded in integrity, responsibility, andstewardship—supported by a company with a strong legacy and a future-focused mindset