Director, Derivatives Investment Controllership

Jobtome; Philadelphia (Philadelphia County); On-site; USD 180,000 - 280,000; Full time

Job summary

MassMutual’s Controllers Organization of Corporate Finance is seeking a Director of Investment Controllership for Derivatives. This leadership role oversees derivative accounting across our investment portfolio, ensuring GAAP and statutory accuracy while driving process improvements and timely reporting.

You will lead a talented team, partner with Investment Management and Operations, and work in a fast-paced, collaborative environment to deliver robust analytics, strengthen controls, and

Qualifications

• Bachelor’s degree required; 8+ years in Investment Accounting/Operations with derivatives exposure.
• 3+ years in insurance Investment GAAP plus Statutory accounting including Schedule DB.
• 2+ years as a people leader or 5+ years of informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across entities with GAAP and statutory alignment.
• Drive process improvements to accelerate close and improve analytics.
• Manage monthly reconciliations between ledger and investment systems for derivatives.
• Prepare analytics reports and present findings to stakeholders monthly.
• Coordinate with external auditors on derivative matters and ensure internal controls.

Skills

Investment accounting

Derivatives

People leadership

Analytical skills

Communication skills

Education

Bachelor’s degree

Tools

Aladdin

SQL

Job description

MassMutual’s Controllers Organization of Corporate Finance is seeking a Director of Investment Controllership for Derivatives. This leadership role oversees derivative accounting across our investment portfolio, ensuring GAAP and statutory accuracy while driving process improvements and timely reporting.

You will lead a talented team, partner with Investment Management and Operations, and work in a fast-paced, collaborative environment to deliver robust analytics, strengthen controls, and