Credit Process and Analytics Analyst
Enterprise Risk Management
Boston, MA or Springfield, MA
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.
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.
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.
Qualitative Adjustments & Portfolio Review
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.
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:
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.