What are the responsibilities and job description for the Derivative Data Analyst position at MassMutual Careers?

Derivative Data Analyst

Derivative Center of Excellence (CoE)

Full-Time

Boston, MA or Springfield, MA

The Opportunity

As a critical member of a specialized team, the Derivative Data Analyst will work directly with the Lines of Business (LOBs), Enterprise Risk Management (ERM), Investment Managers, Compliance, and subsidiaries to provide expertise, analysis, and solutions to resolve critical issues and help drive some of our strategic initiatives. Our ideal candidate is a collaborative team member skilled in analytical capability, business analysis, detail-oriented and adaptable, agile project management, has a strong understanding our systems, our process flows, and an effective communicator (both written and verbal) with both business and technology teams. You’ll use your skills to provide subject matter expertise and complete in-depth analysis, which contribute to the strategic efforts of our team.

The Team

The Derivative Data Analyst Team provides expertise in the Derivative Center of Excellence (CoE) supporting MassMutual’s General Investment Account (GIA). The team is unique, as it intersects with multiple stakeholders across the derivative ecosystem, including Investment Management Front Office, Investment Management Operations, Enterprise Technology & Experience (ETX) and external vendors. The team serves an integral role in both BAU and strategic initiatives by providing analysis, documentation, enhancement, testing and delivery related to derivative applications, configurations, data flows and integrations. The team exhibits integrity by consistently providing thoughtful and honest insights, ensuring transparency for all stakeholders. They are results oriented, while fostering a collaborative environment where each team member’s input is respected, and different perspectives are encouraged to drive results.

The Team

The Impact

Understand data flows and hierarchies within the derivative system including how data is sourced and aggregated to support daily delivery of derivative data to MassMutual stakeholders to enable critical derivative reporting and analysis capabilities
Accountability for data within the MassMutual derivative data ecosystem; Includes helping define requirements and ensuring data is fit for purpose
Understand and translate business requirements, work with Product Owners and Developers to prioritize for implementation
Communicate and collaborate with external partners and asset managers to implement business solutions for new or changing business needs
Drives root cause analysis and resolution of business derivative data challenges, including proposal and implementation of process or workflow changes
Serve as a point of escalation and ongoing support for front office, middle office, and back office teams as well as all users of data extracts while ensuring appropriate documentation of processes is available and maintained

The Minimum Qualifications

Bachelor’s degree in finance, accounting, technology, or a related field

10 years of investment data experience with an understanding of systems and data management

The Ideal Qualifications

Experience with Derivatives, Collateral Management, Risk, Compliance, Accounting

Investment Accounting & General Ledger entry background

Subject Matter Expert with Calypso or similar system(s) and familiarity with Accounting Rules and Configuration, SIMM Calibration, and Workflow Configurations

Experience in derivative trade operations processes, workflows, and life cycle events

Knowledge of Extract, Transform, and Load (ETL) Pipeline

Familiarity with Eagle Star and PACE, SAP (HANA, R3)

implement and support of SWIFT payment process and configurations

Experience with Excel, Pivot table, and VBA is a must

Knowledge of SQL and Python a plus

Responsible for projects and work with business to document business requirements

Familiarity with Agile methodology and using Jira / Confluence

Effective time management skills and the ability prioritize multiple initiatives is essential

Proven success working across multiple priorities with limited guidance

Strong quantitative orientation, analytical skills, and seasoned judgment as well as a high level of intellectual curiosity and tolerance for navigating ambiguity

Must be able to explore multiple solutions to a problem and present and defend solutions based on an analysis of facts and an understanding of stakeholder needs

Ability to manage own priorities and adapt quickly to changes

Prior experience driving continuous improvement and efficiencies beyond own scope of responsibility

Desire to learn and ability to apply learnings to business issues

Self-starter with proven ability to organize and direct quality work efforts

Ability to communicate across all levels of the organization, Comfortable interacting with vendors, business partners and internal Investment and IT teams

Strong collaboration skills and the ability to work in a team-based environment

What to Expect as Part of MassMutual and the Team

Regular meetings with the Investment Data Management 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 business with industry leading pay and benefits

LI-MM1

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.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

Apply for this job

Receive alerts for other Derivative Data Analyst job openings

Derivative Data Analyst

What are the responsibilities and job description for the Derivative Data Analyst position at MassMutual Careers?

What is the career path for a Derivative Data Analyst?

Job openings at MassMutual Careers

Not the job you're looking for? Here are some other Derivative Data Analyst jobs in the Hartford, CT area that may be a better fit.

We don't have any other Derivative Data Analyst jobs in the Hartford, CT area right now.

AI Assistant is available now!