Director, Derivatives Investment Controllership

Jobtome; Union City (NJ); On-site; USD 220,000 - 320,000; Full time

Job summary

MassMutual seeks a Director of Investment Controllership for Derivatives. Lead the investment accounting and controllership across multiple entities, ensuring accurate derivative results and accelerated close. Collaboration with Investment Management Operations and other Controllers teams is key.

You’ll drive process improvements, analytics, and controls aligned with GAAP and NAIC standards, while guiding a team through a dynamic, fast-paced environment.

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 informal leadership.

Responsibilities

• Lead the investment accounting and controllership for derivatives across multiple entities.
• Manage monthly reconciliations between the ledger and investment systems.
• Oversee the preparation of monthly analytics reports and present findings to stakeholders.
• Collaborate with Investment Office to implement hedging strategies and evolving GAAP/statutory standards.
• Partner with Investment Middle Office to design subledger processes supporting derivatives accounting.

Skills

Investment accounting

Derivatives

People leadership

Analytical skills

Communication

Education

Bachelor's degree

Tools

Aladdin platform

SQL

Job description

MassMutual seeks a Director of Investment Controllership for Derivatives. Lead the investment accounting and controllership across multiple entities, ensuring accurate derivative results and accelerated close. Collaboration with Investment Management Operations and other Controllers teams is key.

You’ll drive process improvements, analytics, and controls aligned with GAAP and NAIC standards, while guiding a team through a dynamic, fast-paced environment.