Derivative Data Analyst

MASSMUTUAL


Date: 2 days ago
City: Boston, MA
Salary: $118,900 - $156,000 per year
Contract type: Full time

The Opportunity

As a critical member of a specialized team, the Derivative Data Analyst will work directly with the Lines of Business (LOBs), Enterprise Risk Management (ERM), Investment Managers, Compliance, and subsidiaries to provide expertise, analysis, and solutions to resolve critical issues and help drive some of our strategic initiatives. Our ideal candidate is a collaborative team member skilled in analytical capability, business analysis, detail-oriented and adaptable, agile project management, has a strong understanding our systems, our process flows, and an effective communicator (both written and verbal) with both business and technology teams. You’ll use your skills to provide subject matter expertise and complete in-depth analysis, which contribute to the strategic efforts of our team.

The Team

The Derivative Data Analyst Team provides expertise in the Derivative Center of Excellence (CoE) supporting MassMutual’s General Investment Account (GIA). The team is unique, as it intersects with multiple stakeholders across the derivative ecosystem, including Investment Management Front Office, Investment Management Operations, Enterprise Technology & Experience (ETX) and external vendors. The team serves an integral role in both BAU and strategic initiatives by providing analysis, documentation, enhancement, testing and delivery related to derivative applications, configurations, data flows and integrations. The team exhibits integrity by consistently providing thoughtful and honest insights, ensuring transparency for all stakeholders. They are results oriented, while fostering a collaborative environment where each team member’s input is respected, and different perspectives are encouraged to drive results.

The Impact

  • Understand data flows and hierarchies within the derivative system including how data is sourced and aggregated to support daily delivery of derivative data to MassMutual stakeholders to enable critical derivative reporting and analysis capabilities
  • Accountability for data within the MassMutual derivative data ecosystem; Includes helping define requirements and ensuring data is fit for purpose
  • Understand and translate business requirements, work with Product Owners and Developers to prioritize for implementation
  • Communicate and collaborate with external partners and asset managers to implement business solutions for new or changing business needs
  • Drives root cause analysis and resolution of business derivative data challenges, including proposal and implementation of process or workflow changes
  • Serve as a point of escalation and ongoing support for front office, middle office, and back office teams as well as all users of data extracts while ensuring appropriate documentation of processes is available and maintained

The Minimum Qualifications

  • Bachelor’s degree in finance, accounting, technology, or a related field
  • 10+ years of investment data experience with an understanding of systems and data management

The Ideal Qualifications

  • Experience with Derivatives, Collateral Management, Risk, Compliance, Accounting
  • Investment Accounting & General Ledger entry background
  • Subject Matter Expert with Calypso or similar system(s) and familiarity with Accounting Rules and Configuration, SIMM Calibration, and Workflow Configurations
  • Experience in derivative trade operations processes, workflows, and life cycle events
  • Knowledge of Extract, Transform, and Load (ETL) Pipeline
  • Familiarity with Eagle Star and PACE, SAP (HANA, R3)
  • Implement and support of SWIFT payment process and configurations
  • Experience with Excel, Pivot table, and VBA is a must
  • Knowledge of SQL and Python a plus
  • Responsible for projects and work with business to document business requirements
  • Familiarity with Agile methodology and using Jira/Confluence
  • Effective time management skills and the ability to prioritize multiple initiatives is essential
  • Proven success working across multiple priorities with limited guidance
  • Strong quantitative orientation, analytical skills, and seasoned judgment as well as a high level of intellectual curiosity and tolerance for navigating ambiguity
  • Must be able to explore multiple solutions to a problem and present and defend solutions based on an analysis of facts and an understanding of stakeholder needs
  • Ability to manage own priorities and adapt quickly to changes
  • Prior experience driving continuous improvement and efficiencies beyond own scope of responsibility
  • Desire to learn and ability to apply learnings to business issues
  • Self-starter with proven ability to organize and direct quality work efforts
  • Ability to communicate across all levels of the organization, Comfortable interacting with vendors, business partners and internal Investment and IT teams
  • Strong collaboration skills and the ability to work in a team-based environment

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the Investment Data Management team
  • Focused one-on-one meetings with your manager
  • Access to mentorship opportunities
  • Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
  • Access to learning content on Degreed and other informational platforms
  • Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

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