Director, Derivatives Investment Controllership

Jobtome; Uniondale (IN); On-site; USD 180,000 - 280,000; Full time

Job summary

MassMutual is seeking a Director of Investment Controllership for derivatives. You will lead the investment accounting and controllership across multiple entities, ensuring GAAP and statutory reporting accuracy and timeliness.

This role requires collaboration with Investment Management Operations and other Controllers teams to drive analytics and process improvements. You will mentor a team, partner with cross‑functional groups, and guide adoption of new hedging strategies while upholding NAIC

Qualifications

• Bachelor’s degree required.
• 8+ years of progressive experience in Investment Accounting and/or Investment Operations including derivative investments.
• 3+ years of experience in insurance company Investment GAAP and Statutory accounting including Schedule DB.
• 2+ years leading a team OR 5+ years informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across multiple entities.
• Oversee monthly reconciliations between the ledger and investment systems for derivatives.
• Prepare monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timeliness.
• Drive process redesigns for derivatives to support evolving strategies and analytics.
• Collaborate with Investment Office on hedging strategies and accounting standards.

Skills

Analytical skills

Communication skills

Leadership

Team collaboration

Adaptability

Problem solving

Education

Bachelor’s degree

Tools

Aladdin

SQL

Job description

MassMutual is seeking a Director of Investment Controllership for derivatives. You will lead the investment accounting and controllership across multiple entities, ensuring GAAP and statutory reporting accuracy and timeliness.

This role requires collaboration with Investment Management Operations and other Controllers teams to drive analytics and process improvements. You will mentor a team, partner with cross‑functional groups, and guide adoption of new hedging strategies while upholding NAIC