Director, Securities Data Management
Investment Operations, Investment Management
Full-Time (Boston or Springfield )
The Opportunity
As the Director, Securities Data Management you will lead a team of associates and be responsible for the daily management and oversight of the Securities Data Management team. You will play a critical role in supporting the team in the implementation of new data requests and the resolution of data issues across the Investment Data Ecosystem. You will provide subject matter expertise to Investment Data consumers across, understanding the root cause of issues and providing steps to remediation. You will act as a point of escalation for complex issues and be empowered to make decisions impacting the team. You will actively focus on coaching the team, providing feedback and encouraging knowledge transfer opportunities. Additionally, you will understand the importance of Investment Data Quality continuously looking to improve processes. You will have a strong business acumen of investment types and their life cycle and demonstrate interest in continued development. The nature of the work will require perseverance, accountability, and resourcefulness to identify opportunities to improve processes that address the root causes of business challenges.
The Team
The Securities Data Management team is part of the Investment Data Integrity team reporting to the Head of Investment Data Integrity, part of the MassMutual Investment Operations team within the Investment Management division. Securities Data Analysts are accountable for the management of data flowing into the investment ecosystem and maintaining system configurations related to validating, deriving and compositing data. The team works closely with the Investment Data Quality team to identify root cause of reoccurring operational issues, partners with Product Owners and developers to prioritize improvements, understand and react to new business requirements and represent the Investment Data Ecosystem as needed throughout the Enterprise.
The Impact:
Manage multiple and complex functions of the Securities Data Management Operations team
Understand data flows and processes within the investment ecosystem including and provide subject matter expertise to investment data consumers
Assist in management of complex transactions and projects related to securities data flows
Assist in developing and implementing business processes utilizing investment data
Manage multiple projects/issues at one time, demonstrating agility and the ability to prioritize workload
Participate in strategic initiatives, such as implementation of our Target Operating Model and current stabilization efforts
Provide ongoing training and coaching to team members, encouraging decision making and ownership of issues
Identify, implement and drive continuous improvement and efficiencies
Manage employee development, training and planning
Direct staff in the development and implementation of departmental policies and procedures
Maintain internal control standards, including timely implementation and execution of internal and external audit remediations
The Minimum Qualifications
Bachelor’s degree or equivalent experience is required
7+ years of securities data experience with an understanding of securities life cycle
The Ideal Qualifications
Bachelor’s degree in Finance, Accounting or related area
Prior experience leading a team
Knowledge of investment data management from ingestion of source data to end user reporting
Ability to communicate across all levels of the organization, comfortable interacting with vendors, business partners, external managers and internal Investment teams a
Ability to work across multiple priorities with limited guidance
Ability to independently explore solutions to a problem and adapt quickly to changes
Collaboration skills and the ability to work in a team-based environment
Must be eligible to work in the US without sponsorship now or in the future
Knowledge of Eagle PACE or like Data Management Tool
Knowledge of Eagle STAR or like Investment Accounting platform
Expert user of excel and proficient with SQL/Oracle query tools
Microstrategy or other reporting tool experience a plus
What to Expect as Part of MassMutual and the Team
Regular meetings with the Investment Data Operations and Analysis 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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MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
Salary Range: $110,400.00-$144,900.00