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The Opportunity

As a strategist, you’ll be responsible for providing quantitative investment insights on MassMutual’s private credit investments, leveraging both third party tools and proprietary models. The role overtime will grow to even greater responsibility in shaping MassMutual’s investment allocation, products pricing, and ALM.

The Team

The immediate team is composed of quantitative developers and strategists with proclivity for solving both technical and business problems. The team is part of the larger R&D group within Investment Management overseeing the General Investment Account. The team is very hands-on and proactive about engaging new ideas and challenges.

The Impact

You will provide analytic and investment insights on the private credit book and other illiquid assets to influence portfolio managers’ allocation decisions. You will drive value-add thought leadership to asset allocators and corporate stakeholders on quant credit and high-impact projects, enhancing and protecting net investment income. Collaborate closely with portfolio managers on deals, offering a quantitative view on risk and due diligence. Develop statistical models for risk assessment and asset performance forecasting, leverage alternative data for investment insights, quantify cashflow uncertainty on deals, develop a security master for private assets, and estimate spread duration and the value of embedded options on deals.

The Minimum Qualifications

• 10+ years working in financial services as a strategist, portfolio manager, or risk manager
• Bachelor’s in a technical field
• Deep knowledge of the private credit markets, including but not limited to middle market loans, portfolio funding, real estate, and ABS
• Experience working on private market deals as a stakeholder
• Capability in developing and applying statistical and econometric models
• Experience with working with imbalanced data
• Knowledge of accounting and regulatory regimes
• Excellent communication skills explaining complicated quantitative concepts to nontechnical stakeholders and influencing portfolio managers
• Experience in providing requirements to developers and managing project from development to production
• Python scripting proficiency and data visualization

The Ideal Qualifications

• Master’s degree in financial engineering, statistics, machine learning, econometrics or similar disciplines
• Experience structuring private ABS deals
• Knowledge of the CLO, public ABS, middle market loans, BSLs, and HY corporates
• Relevant certifications: CQF, CFA, ARPM, FRM, PRM, or CAIA
• Knowledge of Python’s analytic and statistical modeling package ecosystem
• Intex and/or other cashflow engines
• Commercial risk models

Fitch Learning is a leader in financial services training. With unrivaled breadth and depth, the company delivers learning solutions for apprentices, graduates, and those with 10+ years’ experience in Financial Services. Our offerings include expert faculty, e-learning, coaching, and blended assessments, improving individual and collective business performance. Fitch Learning is a Fitch Solutions company.

Working at Fitch Learning provides the opportunity to be part of a global leader in financial education, committed to delivering cutting-edge training solutions. You’ll collaborate with a team of experts dedicated to empowering professionals with the skills and knowledge needed to excel in the finance industry. By joining us, you’ll be at the forefront of innovation in professional education, contributing to impactful learning experiences that drive career advancement and industry success.

Fitch Learning is seeking an Inside Sales Senior Associate for the CQF (Certificate in Quantitative Finance) program. This individual contributor role is based in our Toronto, Canada office, with a corporate title of Senior Associate.

About The Team

The CQF (Certificate in Quantitative Finance) is the world’s largest quant finance qualification. As a CQF Inside Sales Senior Associate, you will be responsible for selling the CQF program to warm leads generated by the marketing team, and for independently generating business opportunities.

You may be a fit for our team if you are looking to:

• Earn a competitive base salary and benefits package, with 40% commissions for On Target Earnings—uncapped.
• Be a vital contributor to a thriving global sales team.
• Take full ownership of assigned sales leads in your region.

How You’ll Make An Impact

• Manage and grow your sales pipeline, primarily through phone sales, email, and LinkedIn messaging to marketing-generated leads.
• Sell complex solutions to a range of financial services professionals and aspiring professionals, including pitching to senior-level finance executives.
• Drive attendance at CQF online information sessions and leverage these sessions to generate sales.
• Build strong, value-added relationships with CQF alumni to generate referrals.
• Participate in and follow up with attendees from conferences and talks (both online and in London) organized by the CQF.
• Work collaboratively with the Marketing, Operations, and CQF Institute teams.
• Attend industry events and conferences as required.
• Track sales activity in key CRM systems.

You May be a Good Fit for this Role if:

• You have proven B2C experience in training or delegate sales.
• You are able to sell in a high-volume, metrics-driven environment.
• You possess excellent lead management skills.

What Would Make You Stand Out

• Proven experience selling technical “off-the-shelf” qualifications or training to individuals or corporate clients, preferable in the financial services industry.
• Proficiency in phone sales and videoconferencing (e.g., Zoom or similar platforms).
• Excellent presentation, conversational, and writing skills.

Why Choose Fitch

• Hybrid Work Environment:3days a week in office required based on your line of business and location
• A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
• Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals
• Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
• Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
• Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe
• Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

JCW is partnering with a leading financial services firm seeking an Audit Modeling Subject Matter

Expert with deep expertise in market risk modeling. This role will lead and execute independent assurance over the firm’s market risk models and model risk management framework, providing critical oversight of pricing, VaR, stress testing, and capital models used across trading and treasury activities. You’ll work closely with senior stakeholders in Risk, Model Validation, Front Office, and Internal Audit to challenge model design, implementation, and governance, ensuring models are robust, compliant, and fit for purpose.

Key Responsibilities:

• Lead and execute risk-based audits focused on model risk management, with a primary emphasis on market risk models (e.g., VaR, sensitivities/Greeks, stress testing, scenario analysis, capital models).
• Assess the design, implementation, and performance of market risk models, including data sourcing, assumptions, methodologies, and model limitations.
• Evaluate the model risk governance framework, including policies, standards, model inventories, risk rating, and model lifecycle management.
• Review model validation workpapers and documentation to independently challenge validation scope, tests performed, and conclusions reached.
• Assess controls around model implementation and usage, including end-user computing tools, system integrations, and reporting processes.
• Prepare clear, concise audit findings and reports, communicating complex quantitative issues to non-technical stakeholders.
• Partner with Internal Audit, Market Risk, Model Risk Management, and Front Office teams to agree on remediation actions, timelines, and ownership.
• Support continuous improvement of audit methodologies for model risk, including analytics, testing techniques, and documentation standards.
• Stay current on regulatory expectations and industry best practices related to model risk (e.g., SR 11-7, ECB TRIM, PRA SS1/23 or equivalents).

Ideal Candidate Profile:

• 7+ years of experience in model risk audit, internal audit, model validation, market risk, or a closely related quantitative risk function within financial services.
• Strong hands-on exposure to market risk models, such as VaR, sensitivities/Greeks, stress testing, P&L attribution, and risk capital models.
• Solid understanding of model risk management frameworks and regulatory guidance (e.g., SR 11-7 or similar regional standards).
• Quantitative background preferred (e.g., Math, Statistics, Financial Engineering, Physics, Economics or related field).
• Proficiency with analytical tools and languages (e.g., Python, R, SAS, or MATLAB) and comfort working with large datasets.
• Prior experience in internal audit or independent review of models is highly desirable.
• Excellent communication and documentation skills, with the ability to translate complex technical issues into clear business language.
• Professional designations such as FRM, CFA, CQF, or similar quantitative/ risk certifications are a plus.

This role will provide subject matter expertise and strong execution skills to the Internal Audit, Financial Risk and Modeling Audit Team, executing multiple concurrent projects such as model risk assessments, model validation monitoring, and detailed model testing supporting internal audits and validations.

The Principal will:

• Support the implementation of strategic plans and advise on the Internal Audit procedures and guidelines.
• Assess and opine on OCC’s implementation and maintenance of its financial risk management framework, confirming alignment with organizational objectives and regulatory requirements.
• Coordinate the risk assessment activities with the Quantitative Risk Management (first-line) and Model Risk Management (second-line) teams.
• Develop and execute assessments related to OCC’s Prefunded Resources (e.g., margin requirements, clearing fund contributions, stress testing of resource sufficiency, and liquidity risk monitoring).
  • Provide technical expertise and guidance to the IA team in executing their responsibilities.
  • Confirm proper scope and resource allocation to deliver on schedule.
  • Leverage advanced mathematical and statistical modeling and analysis techniques to assess model design and performance (e.g., model methodologies, assumptions, parameter calibration, input data quality, and model outputs).
  • Maintain the Internal Audit quality standards across all deliverables and collaborate with stakeholders to ensure that financial and operational risks are effectively identified, assessed, and managed.

Responsibilities

Responsibilities will be aligned, but not limited, to four pillars:

 

Department Oversight

• Support and maintain IA infrastructure (Policies, Procedures, Standards, Guidance, Audit Universe, Risk Assessments, Co-Sourcing Management, Service Quality, Regulatory Management and Stakeholder Management) in alignment with Regulators, IIA Standards and OCC’s designation requirements.
• Contribute to the development of annual budget recommendations supporting the risk-based audit plan.
• Coordinate with the Operations team and Co-Source relationship to manage staffing needs for plan execution.

 

Leadership

• Support the design and implementation of strategic initiatives related to audit programs/processes, technology, or other initiatives related to assurance and consultative services for Financial and Model Risk.
• Plan, execute, and report on risk-based and special request audit assignments.
• Identify regulatory, operational, and/or strategic risks to the organization and develop recommendations for improvements.
• Build and maintain effective relationships with business groups and management.

 

Delivery

• Contribute to the development of risk assessment and comprehensive audit plan.
• Manage multiple audits and validations simultaneously.
• Execute audit projects in accordance with the annual audit plan.
• Confirm audit quality, accuracy of results, and timely delivery.

 

Quality

• Apply professional principles and standards (e.g., AICPA, IIA GIA, COSO, SR 11-7) in risk management activities and control evaluations.
• Maintain knowledge of policies, procedures, standards, and supporting technologies in risk identification and mitigation.
• Stay informed of industry practices, model methodologies, and emerging risks within financial services and propose improvement recommendations.
• Participate in department-wide activities such as peer reviews of audit deliverables.

 

Supervisory Responsibilities

• None

 

Qualifications

• Strong verbal and written communication skills with the ability to effectively convey complex information to various stakeholders.
• Proven analytical and critical thinking abilities to address business challenges.
• Ability to develop and present comprehensive reports and recommendations based on data analysis.
• Demonstrated capability to manage multiple projects while meeting deadlines.
• Ability to manage the assessment of quantitative models approaches and tools.
• Ability to work independently or as part of a team, prioritizing multiple audit assignments to simultaneously complete each in a timely fashion.

 

Technical Skills

• [Required] Proficiency in Microsoft Office applications.
• [Required] Strong proficiency using Archer or other audit or Governance Risk and Compliance (GRC) software.
• [Preferred] Seasoned expertise on understanding and managing financial risks related to financial derivatives portfolios, particularly options on equities.
• [Preferred] Experience in evaluating the pricing of complex derivatives and performing advanced statistical analysis on underlying risk factors.
• [Preferred] Experience with reviewing and auditing risk management models for derivatives using methodologies such as  Historical VaR, Monte Carlo simulation, TIMS and SPAN.
• [Preferred] Proficiency in quantitative or statistical tools (e.g., Python, R, MATLAB, SAS) to support model audit and testing procedures.
• [Preferred] Familiarity with model risk management practices including validation, backtesting, and performance monitoring.

 

Education and/or Experience

• Minimum of 8 years working in a dynamic business environment
• Proven track record of implementing and overseeing operational processes and procedures.
• Experience in developing and maintaining professional relationships with internal and external stakeholders.
• [Preferred] Industry-specific experience in relevant field (e.g., Financial Services, Technology, or related sectors)
• [Required] Experience in financial risk model analysis or assessments and stress testing methodology.
• [Preferred] Master’s degree in finance, economics or a quantitative field possessing strong quantitative, analytical, and problem-solving skills.
• [Preferred] Experience with assessments or audits of Financial Risk Management or Models.

 

Certificates or Licenses

• Certification such as Financial Risk Manager (FRM), Certificate in Quantitative Finance (CQF), Chartered Financial Analyst (CFA), Certified Financial Services Auditor (CFSA), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or equivalent.