Director, Derivatives Investment Controllership

Jobtome; North Haledon (NJ); On-site; USD 150,000 - 230,000; Full time

Job summary

MassMutual is seeking a Director of Investment Controllership for derivatives to lead the accounting and control activities across multiple entities. You will drive process improvements, manage monthly reconciliations, and partner with Investment Management and Policy teams to ensure GAAP and statutory compliance.

The role requires deep knowledge of derivative investments, strong leadership, and effective communication to support fast-paced operations and long-term financial stability.

Qualifications

• Bachelor’s degree required.
• 8+ years in Investment Accounting/Operations including derivative investments.
• 3+ years leading teams or 5+ years informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across entities and ensure GAAP/statutory accuracy.
• Manage monthly reconciliations between ledger and investment systems for derivatives.
• Oversee monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Drive process redesign for derivatives and enhance analytics supporting quarterly results.
• Collaborate with Investment Office on hedging strategies and accounting standards compliance.
• Partner with Investment Middle Office to design subledger processes for derivatives.
• Serve as point of contact for external auditors on derivative-related matters.

Skills

Analytical thinking

Strong communication

Leadership

Education

Bachelor’s degree

CPA, CFA, CMA or equivalent designations

Tools

Aladdin

SQL

Job description

MassMutual is seeking a Director of Investment Controllership for derivatives to lead the accounting and control activities across multiple entities. You will drive process improvements, manage monthly reconciliations, and partner with Investment Management and Policy teams to ensure GAAP and statutory compliance.

The role requires deep knowledge of derivative investments, strong leadership, and effective communication to support fast-paced operations and long-term financial stability.