What are the responsibilities and job description for the Investment Operations Business Specialist position at MassMutual?
Investment Operations Business Consultant
Investment Operations Data Management
Investment Management
Full-Time/Hybrid (Boston or Springfield)
The Opportunity
As an Investment Operations Business Consultant, you will partner with investment data business users and technology teams to evaluate and interpret all changes occurring within the Investment Ecosystem to ensure appropriate test planning, documentation, communication, and ownership is in place. This can include third party vendor software releases, internal business as usual (BAU) changes and any required regulatory or reporting changes. You will take ownership of regular vendor meetings to address and tracking software issues or ‘bug fixed’ and driving resolution both internally and with the vendor. The nature of the work will require perseverance, accountability, attention to detail and the ability to react to ever changing business needs.
The Team
The Investment Operations Data Management team is part of the MassMutual Investment Operations team within the Investment Management division. The Investment Operations Data Management oversees all securities related data ingested into and extracted from the Investment Data Ecosystem for all assets in MassMutual’s General Investment Account (GIA). The team provides investment data and system subject matter expertise to projects across the organization and works to continuously improve processes impacting data flows. Investment Operations Data Management partners closely with Securities Cash Operations, Investment Controllership teams, Enterprise Risk Management, and others to address and resolve data related issues.
The Impact
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
Investment Operations Data Management
Investment Management
Full-Time/Hybrid (Boston or Springfield)
The Opportunity
As an Investment Operations Business Consultant, you will partner with investment data business users and technology teams to evaluate and interpret all changes occurring within the Investment Ecosystem to ensure appropriate test planning, documentation, communication, and ownership is in place. This can include third party vendor software releases, internal business as usual (BAU) changes and any required regulatory or reporting changes. You will take ownership of regular vendor meetings to address and tracking software issues or ‘bug fixed’ and driving resolution both internally and with the vendor. The nature of the work will require perseverance, accountability, attention to detail and the ability to react to ever changing business needs.
The Team
The Investment Operations Data Management team is part of the MassMutual Investment Operations team within the Investment Management division. The Investment Operations Data Management oversees all securities related data ingested into and extracted from the Investment Data Ecosystem for all assets in MassMutual’s General Investment Account (GIA). The team provides investment data and system subject matter expertise to projects across the organization and works to continuously improve processes impacting data flows. Investment Operations Data Management partners closely with Securities Cash Operations, Investment Controllership teams, Enterprise Risk Management, and others to address and resolve data related issues.
The Impact
- Partnering with technology and investment data business users to understand software or data changes and translating changes to testing requirements.
- Defining and executing test cases owned by the Investment Operations Data Management team, tracking and documenting results
- Providing subject matter expertise to business testers regarding changes as needed
- Attending release or testing meetings as a representative of the Investment Operations Data Management team
- Facilitating biweekly issues meeting with third party vendor and understanding the prioritization of software issues across multiple investment data users
- Understanding the impact data changes can have throughout the Investment Ecosystem and communicating changes as necessary
- Bachelor’s degree or equivalent experience is required
- 5 years experience of investment data and investment operations processes
- 3 years experience of software release testing or similar role
- Bachelor’s degree in Finance, Accounting or related area
- Familiarity with investment securities transactions and lifecycle events
- Strong documentation and communication skills
- Knowledge of Eagle PACE or like Data Management Tool
- Knowledge of Eagle STAR or like Investment Accounting platform
- Expert user of Excel
- Familiarity with JIRA or similar tracking software and agile conformance to comply with internal delivery guidelines
- Knowledge of SQL/Oracle query tools
- MicroStrategy, or other reporting tool experience a plus
- Strong collaboration skills and the ability to work in a team-based environment
- Must be eligible to work in the US without sponsorship now or in the future
- Regular meetings with the Investment Operations 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
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
