Director, Derivatives Investment Controllership

Jobtome

New York (NY)

On-site

USD 170,000 - 250,000

Full time

9 days ago

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Job summary

MassMutual seeks a Director in Investment Controllership to lead derivatives accounting across multiple entities, ensuring GAAP and statutory compliance while driving process improvements. You will oversee reconciliations, analytics, and footnote reviews, partnering with Investment Management Operations and other Controllers teams.

In this senior role, you will shape hedging strategies, manage internal controls, and collaborate with external auditors.

Qualifications

8+ years in Investment Accounting/Investment Operations including derivatives.
3+ years in insurance Investment GAAP with Statutory accounting including Schedule DB.
2+ years of experience as a people leader or 5+ years informal leadership.
CPA, CFA, CMA, or equivalent designation is a plus.
Experience with Aladdin and SQL is a plus.

Responsibilities

Lead investment accounting and controllership for derivatives across multiple entities.
Oversee monthly reconciliations between ledger and investment systems for derivatives.
Prepare monthly analytics and present findings to stakeholders.
Review footnotes and NAIC Schedule DB for accuracy and timely completion.
Lead process redesign for derivatives and support evolving accounting standards.
Collaborate with Investment Office to implement hedging strategies and ensure GAAP/statutory compliance.
Design operational processes with Investment Middle Office to support derivative accounting.
Serve as point of contact for external auditors on derivative matters.