Director of Derivatives Investment Controllership

Jobtome

Jersey City (NJ)

On-site

USD 180,000 - 240,000

Full time

9 days ago

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Job summary

MassMutual seeks a Director in Investment Controllership to lead derivative accounting across insurance and non-insurance entities. You will drive process improvements, partner with Investment Management Operations, and ensure accurate GAAP and statutory results.

You will manage reconciliations, analytics, and footnote reviews while guiding a high-impact team in a fast-paced, collaborative environment.

Qualifications

Bachelor’s degree required.
8+ years in Investment Accounting/Operations including derivatives.
3+ years in Insurance Investment GAAP + Statutory with Schedule DB.
2+ years in people leadership or 5+ years informal leadership.

Responsibilities

Lead investment accounting and controllership for derivatives across entities.
Manage monthly reconciliations between ledger and investment systems for derivatives.
Oversee monthly analytics reports and present findings to stakeholders.
Review footnotes and NAIC Schedule DB for accuracy and timeliness.
Lead process redesign for derivatives to support new strategies.
Support hedging strategies and evolving GAAP/statutory accounting.
Partner with Investment Middle Office to design subledger processes.
Execute controls for derivative accounting and controllership.
Serve as point of contact for external auditors on derivative matters.
Perform ad hoc analyses and assist with special projects.