MassMutual Collateral Analyst in Springfield, Massachusetts
As a member of the Derivatives, Collateral and Securities Pricing team the Collateral Analyst will work with multiple Corporate Units, Lines of Business (LOBs), Investment Managers, and subsidiaries to provide analysis and complex processing of various derivative and collateral transactions related to MassMutual and its portfolio. The analyst will support daily operations production, including multiple facets of collateral. The individual will also apply finance, investment knowledge and other technical skills to assist in implementation of Derivative Ecosystem Transformation (DET) project.
The analyst will report to the Head of Derivatives, Collateral and Securities Pricing a part of MassMutual Investment Operations Team within the Investment Management Division. The team is responsible for the investment pricing and the derivative middle office, including trade processing, cash settlements, collateral management and data management related to the MassMutual’s General Investment Account (GIA). The team is diligently working on a multi-year project related to the transformation of MassMutual’s Derivatives and Collateral Platform “DET”. The effort entails the implementation of one stop shopping for Derivatives, including a front, middle and back office solution.
Manage derivative and collateral operational aspects of moderate to complex transactions and new mandates.
Oversight of various collateral types
Analysis for payment discrepancy review and resolution
Assist in managing moderate to complex cash management position of derivative products and collateral
Assist in implementation of new regulations related to Collateral Management
Ability to work with counterparties to analyze, understand issues and assist in issue resolution
Drives continuous improvement and efficiencies
Anticipates change, looks for trends and directs or redirects efforts
Collaborate with external auditors to provide support
The Minimum Qualifications
At least 1 year of investment operations experience with an understanding of investment systems
Understanding of the Investment Management process and the related data flows
Understanding of asset classes and how investment information for such asset classes is used
Strong collaboration skills and the ability to work in a team-based environment
Excellent communication skills with ability to address and resolve conflicts diplomatically
The Ideal Qualifications
Experience with a wide range of investments systems that support operations i.e. Calypso, Murex, Eagle Star/PACE
Experience with reconciliation tools i.e. TriOptima/Acadiasoft
SWIFT experience a plus
What to Expect as Part of MassMutual and the Team
· Regular meetings with the Derivatives, Collateral and Securities Pricing Team
· Focused one-on-one meetings with your manager
· Access to mentorship opportunities
· Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
· Access to learning content on Degreed and other informational platforms
· Your ethics and integrity will be valued by a company with a strong and stable ethical nosiness with industry leading pay and benefits
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.
Recognized as a 2019 World’s Most Ethical Company by Ethisphere, MassMutual is guided by a single purpose: 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 Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran . We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
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