Director, Derivatives Investment Controllership

Jobtome

Saddle Brook (NJ)

On-site

USD 180,000 - 250,000

Full time

9 days ago

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Job summary

MassMutual is seeking a Director in Investment Controllership to lead derivative accounting across multiple entities. You will drive process improvements, ensure GAAP and statutory compliance, and collaborate with Investment Management Operations and Internal Audit to deliver accurate financial results.

Ideal candidate has 8+ years in investment accounting with derivative exposure, strong leadership, and experience with Aladdin and SQL.

Qualifications

Bachelor’s degree required.
8+ years in Investment Accounting/Operations incl. derivatives.
3+ years in Insurance GAAP with Schedule DB.

Responsibilities

Lead investment accounting and controllership for derivatives across multiple entities.
Manage monthly reconciliations between ledger and investment systems for derivatives.
Oversee preparation of monthly analytics reports and present findings to stakeholders.
Review footnotes and NAIC Schedule DB for accuracy and timeliness.
Drive process redesign for derivatives and enhance analytics for quarterly results.
Support hedging strategy implementation and ensure GAAP/statutory compliance.
Collaborate with Investment Middle Office to design subledger processes.
Serve as interface with external auditors on derivative matters.
Perform ad hoc analyses and lead special projects as needed.