Credit Process and Analytics Analyst

Credit Process and Analytics Analyst Enterprise Risk Management Full-Time Boston, MA or Springfield, MA The Opportunity As a Credit Process and Analytics Consultant, you'll support 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'll work on the end-to-end credit risk component of the allowance lifecycle—from model execution through portfolio assessment and qualitative adjustments—ensuring outputs are accurate, well-documented, and aligned to accounting and model governance standards. You'll partner closely with Finance and Accounting to deliver clear, timely credit insights that support enterprise allowance reporting in a matrixed environment. The Team You'll join 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 modeling expertise with credit judgment to explain allowance movements, identify emerging 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'll support the execution of credit risk analytics and allowance activities, working closely with senior team members and cross‑functional partners to deliver accurate, well‑documented outputs 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 Assist in developing and documenting credit‑driven qualitative adjustments to address model limitations and portfolio‑specific risks. 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‑Functional Partnership & Governance Support Finance, Accounting, and Model Risk Management with accurate credit analytics, documentation, and materials for financial reporting and model validation. Maintain clear documentation of processes, assumptions, and methodologies, and assist with 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 of experience working 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, and stewardship—supported by a company with a strong legacy and a future-focused mindset #LI-FT1

Salary Range:

$104,900-$137,700 At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. Why Join Us. We've been around since 1851. During our history, we've learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard. We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It's more than our company structure - it's our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual. MassMutual is an equal employment opportunity employer. We welcome all persons to apply. If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance. At MassMutual, we're passionate about helping people secure their future and protect the ones they love. A career with us means you'll help our customers protect what matters most. It also means you'll work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are at the foundation of what makes MassMutual a strong, stable and ethical business. We invite you to explore the possibilities. At MassMutual, we believe in the value of being together in our offices and in personal flexibility. Our work environment is one where the majority of our team members work a hybrid schedule — working at least three days in the office (Tuesday, Wednesday and a third day) and the rest remotely, balancing flexibility with in-person collaboration. While the majority of our employees follow this hybrid model, some of our roles continue to be 100% on-site and others may be 100% remote, subject to business needs. MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members, policyowners and customers, we are defined by mutuality and our vision to put customers first. It's more than our company structure - it's our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources and rely on each other when it counts. At MassMutual, we Live Mutual. If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.