Director, Derivatives Investment Controllership

Jobtome

Village of Ardsley (NY)

On-site

USD 150,000 - 210,000

Full time

9 days ago

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Job summary

MassMutual seeks a Director in the Controllers Organization of Corporate Finance to lead the Investment Controllership for derivatives across our insurance and non-insurance entities. You will drive the development and execution of process improvements, perform meaningful analysis, and ensure accurate GAAP and statutory results with an accelerated close.

You will partner across Investment Management Operations, Investment Managers, and Controllers teams to build a collaborative, high-performance

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 combined with Statutory accounting including Schedule DB.
2+ years of people leadership or 5+ years informal leadership.

Responsibilities

Lead investment accounting and controllership for derivatives across multiple entities.
Oversee monthly reconciliations between ledger and investment systems for derivatives.
Review footnotes and NAIC Schedule DB for accuracy and timely completion.
Design and implement process redesigns for derivatives in response to evolving strategies.
Collaborate with Investment Office to implement hedging strategies and ensure GAAP/statutory compliance.
Partner with Investment Middle Office to design subledger processes supporting derivatives accounting.
Serve as a point of contact for external auditors on derivative matters.