Senior Suitability & Risk Specialist

MassMutual; Springfield (MA); Hybrid; USD 69,000 - 91,000; Full time

Job summary

MassMutual is seeking a Suitability Principal to conduct suitability reviews on variable annuities and other accounts, ensuring alignment with regulatory standards and firm policies. The role supports advisors nationwide and partners with Compliance, Licensing, Product, and In‑Force teams.

The position emphasizes risk management, strong communication, and ownership, with a hybrid schedule requiring on-site presence near Springfield, MA.

Qualifications

• FINRA Series 7 & 24 at time of application.
• 1+ years of MMLIS experience OR 2+ years of broker-dealer supervision, compliance, risk management, new business review, trade surveillance, registered representative support, or securities operations.
• 2+ years experience interpreting and applying FINRA, SEC, and firm policies to evaluate transactions, account activity, or new business submissions.
• 2+ years demonstrated ability to identify risks, investigate issues, analyze complex situations, and make sound business decisions.
• High School Diploma
• Candidates residing within 50 miles of the MassMutual Springfield office will be expected to work a Hybrid schedule of 3 days a week in the office.

Responsibilities

• Conduct back-office review and acceptance of new submissions of variable annuities, brokerage, advisory, and direct investments including mutual fund accounts and third-party advisory accounts which will require the associate to become a subject matter expert on all lines of business, including familiarity with all of the products offered on our platform.
• Monitor potential trends of registered representatives through the application of firm policies and procedures.
• Determine root cause of issues, provide solutions, and resolve matters independently without constant management intervention.
• Be an integral part of implementation and management of operational and supervisory procedures for the firm.
• Effectively communicate with colleagues within the department along with internal business partners such as Compliance, Licensing, Product, and our In-Force counterparts.
• Consult with registered representatives and their staff, Agency Supervisory Officers and Regional Supervisory Directors, providing guidance on suitability concerns and guidelines.
• Conduct specialized regulatory reviews including Municipal Securities such as 529s as well as Options approval as licensing permits.

Skills

FINRA 7 & 24

Regulatory compliance

Risk assessment

Policy interpretation

Communication

Team collaboration

Attention to detail

Education

High School Diploma

Bachelor's in business or finance

Job description

MassMutual is seeking a Suitability Principal to conduct suitability reviews on variable annuities and other accounts, ensuring alignment with regulatory standards and firm policies. The role supports advisors nationwide and partners with Compliance, Licensing, Product, and In‑Force teams.

The position emphasizes risk management, strong communication, and ownership, with a hybrid schedule requiring on-site presence near Springfield, MA.