What are the responsibilities and job description for the Head of Private Wealth position at Massachusetts Mutual Life Insurance Company?
The Opportunity
The Head of Private Wealth & Trust Investments is responsible for the leadership and oversight of investment related operations, including defining and implementing the investment philosophy and strategy; as well as promoting and explaining the value proposition of an investment fiduciary.
This role requires a unique combination of deep investment and analytical skills with strong relationship management competencies.
The position reports to the Head of Investments, MMFA Wealth Management / Chief Investment Officer, MassMutual Private Wealth & Trust.
The Team
We are a dynamic, energetic, and problem-solving powerhouse that continues to grow, evolve, learn, adapt and solve problems.
We come from a diverse set of backgrounds and thought processes, and welcome debate, innovation, better ways of thinking and help evolving our team towards accomplishing our mission.
The Impact
- Manage, lead and develop a team of 3-5 investment professionals
- Conduct in-depth product due diligence analysis for all investment products and outside managers
- Ensure investment processes are in-line with MassMutual Private Wealth & Trust Compliance, Fiduciary, and Legal requirements
- Document investment processes and client portfolio account suitability
- Prepare and assemble investment performance reports and attribution analysis etc., for submission and presentation to MM Private Wealth & Trust's Investment Committee
- Translate and communicate complex investment topics and financial market issues into simple language and nomenclature
- Prepare on-going monitoring and review of investments distributed through MM Private Wealth & Trust Company
- Communicate issues and risks that may affect the viability of the product, the relationship, or MM Private Wealth & Trust Company clients
- Contribute to the development and on-going assessment of the investment product strategy and the product development process
- Identify and drive changes in the investment strategies in order to improve profits/performance
- Participate in creating proposals and presentations to our more sophisticated, high net-worth clients, prospects, attorneys and registered representatives
- Travel may be required
Requirements
- Bachelor's degree
- Chartered Financial Analyst (CFA) or actively working towards becoming a CFA
- 10 years of investment or portfolio management experience
Expectations
- Regular meetings with the Investment Management Team
- Member of the senior leadership team within MassMutual Private Wealth & Trust
- Focused one-on-one meetings with your manager
- Access to mentorship opportunities
- Networking opportunities
