Director, Derivatives Investment Controllership

Jobtome; Paramus (NJ); On-site; USD 180,000 - 260,000; Full time

Job summary

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead investment controllership for derivatives across our insurance and non-insurance entities. You will drive process improvements, ensure accurate GAAP and statutory results, and mentor a skilled team.

The role requires strong collaboration with Investment Management Operations and the Investment Office to implement hedging strategies, manage monthly reconciliations, and deliver analytics for leadership.

Qualifications

• Bachelor’s degree.
• 8+ years of progressive experience in Investment Accounting and/or Investment Operations including derivative investments.
• 3+ years of experience in insurance company Investment GAAP combined with Statutory accounting including Schedule DB.
• 2+ years of experience as a people leader, or 5+ years in informal leadership.
• CPA, CFA, CMA, or equivalent designations.

Responsibilities

• Lead investment accounting and controllership for derivatives across entities.
• Manage monthly reconciliations between the ledger and investment systems for derivatives.
• Prepare monthly analytics report and present findings to stakeholders.
• Lead process redesign for derivatives and evolving accounting standards.
• Partner with Investment Office to implement hedging strategies and evolving accounting standards.

Skills

Investment accounting

Derivatives

GAAP

Statutory accounting

Leadership

Communication

Education

Bachelor’s degree

CPA, CFA, CMA or equivalent designations

Tools

Aladdin platform

SQL

Job description

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead investment controllership for derivatives across our insurance and non-insurance entities. You will drive process improvements, ensure accurate GAAP and statutory results, and mentor a skilled team.

The role requires strong collaboration with Investment Management Operations and the Investment Office to implement hedging strategies, manage monthly reconciliations, and deliver analytics for leadership.