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Investment Pricing Analyst
MassMutual
IT
Multiple locations
Posted on Sunday, July 21, 2024
Investment Pricing Analyst
Investment Operations
Full-Time
Springfield, MA or Boston, MA (Hybrid)
The Opportunity
As a critical member of the Investment Pricing Team , the pricing analyst will work with multiple Corporate Units, Lines of Business (LOBs), Investment Managers, and subsidiaries to provide oversight, analysis and complex processing of pricing for various investments related to MassMutual and its portfolio. The analyst will work with members of the Program Management Office for Investments (PMOfI) to assist in formulating and defining business and/ or systems scope, requirements, and objectives as it relates to designing Derivative pricing valuation. The individual will also apply finance, investment accounting knowledge and other technical skills to provide oversight related to the current and future state needs of Mass Mutual.
The Team
The analyst will report to the Director of the Investment Pricing, a part of MassMutual Investment Operations Team within the Investment Management Division. The team is responsible for the investment pricing including derivatives, public and private securities, CMLs and Real Estate Equity related to the MassMutual’s General Investment Account (GIA). The team is diligently working on several projects which will enhance our current operating model, create efficiencies, and limit any manual input. As part of these changes the Investment Pricing team will be gathering business requirements, developing, and implementing validation policies across both the derivatives and fixed income landscape.
The Impact:
- Work independently and with management on high visible, divisional/cross-divisional complex projects
- Assist in developing the pricing and valuation functions within the Derivative Ecosystem
- Advise Investment Management and Asset Pricing Policy Committee as it relates to designing and maintaining derivative pricing valuation methodologies
- Work with vendor to assist in set up of pricing and required data feeds from both internal functional areas / applications as well as external market data sources (e.g. S&P, LSEG, JPM)
- Assist the asset valuation specialist in aligning enterprise risk and front office function from a data input and risk perspective as inputs to pricing models
- Assist in aspects of complex transactions and new mandates
- Assist in implement new regulations
- Analysis for pricing discrepancy between vendors and or Counterparties/Brokers
- Work in conjunction with team members, internal and external business partners to research and accommodate new products traded by the investment manager
- Advances the interest of the company by serving on teams that are external to the organization when appropriate
- Drives continuous improvement and efficiencies beyond own scope of responsibility
- Anticipates change, looks for trends and directs or redirects efforts
- Assists in the periodic audits both internally and externally.
The Minimum Qualifications
- At least 3 years of investment operations/pricing experience with an understanding of systems and data management.
- Bachelor’s Degree
The Ideal Qualifications
- Eagle Star and PACE
- Bloomberg
- Calypso
- MicroStrategy Reporting
- TriOptima
- Microsoft Office (Excel, Word, Powerpoint and Access)
- SQL, Python or other coding languages
- Understanding of the Investment Management process and the related data flows.
- Understanding of a wide range of asset classes and how investment information for such asset classes is used.
- Ability to work with the asset valuation specialist to analyze issues and assist in resolution.
- Strong collaboration skills and the ability to work in a team-based environment.
- Excellent communication skills with ability to address and resolve conflicts diplomatically.
- Ability to work in a fast paced environment that has tight deadlines, especially around high volume and critical times
What to Expect as Part of MassMutual and the Team
- Regular meetings with the Director of Investment Pricing
- 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 nosiness with industry leading pay and benefits
#LI-SC1
Salary Range:
$78,000.00-$102,400.00At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
Why Join Us.
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.
We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.
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.
At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.