Mass Fintech Careers

Discover the opportunities across the Mass Fintech Community

Head of Investment Management Governance and Reporting

MassMutual

MassMutual

Boston, MA, USA
Posted on Tuesday, November 7, 2023

Head of Investment Management Governance and Reporting

Boston, Massachusetts Investment Management Job ID R14631

The Opportunity

The Head of Investment Management Governance & Reporting is a key role in the delivery of MassMutual’s investment strategy and in this, MassMutual’s purpose: to provide financial well-being to all Americans. We are seeking an innovative and collaborative leader to drive Investment Management’s strategy through ownership of Investment Management’s key areas, such as budget, compliance, governance, project management, due diligence, communication and business targets.  This role will also play a key role in ensuring Investment Management’s alignment with internal and external stakeholders through the establishment of common metrics, processes, and tools. 

The Team

The Investment Management Governance and Reporting team is key to ensuring that Investment Management’s communication, budget, and project prioritization are aligned with Investment Management’s overall strategy.  Against a backdrop of an increasingly complex general investment account portfolio with increasingly diverse asset classes and strategies, the team is also responsible for ensuring thorough compliance and due diligence within an increasingly complex regulatory environment. This team has several touchpoints both within and outside the organization.

The Impact:

Reporting to MassMutual’s Chief Investment Officer, the Head of Investment Management Governance and Reporting will be a member of the Investment Management senior leadership team and will play a key role in shaping MassMutual’s investment strategy. Accountabilities include:

  • Work with stakeholders to continually optimize governance and decision-making processes as the business context and technology landscape change; key cross-functional stakeholders include Corporate Finance, Enterprise Risk Management, Corporate Law, Enterprise Technology, and product teams; external stakeholders include our subsidiary, Barings
  • Manage and optimize the Investment Management organization’s budget and forecast through collaboration with others
  • Generate all internal communications for the Investment Management business groups, other enterprise groups, and external stakeholders, as needed
  • Create and oversee all Investment Committee of the Board agendas, materials, and coordination
  • In partnership with our subsidiaries and corporate stakeholders, ensure best-in—class Investment Data Strategy and Integrity
  • Partner with Enterprise Technology to influence the development and maintenance of our core investment infrastructure to drive efficiencies as well as a path for future technology integration
  • Partner with the senior leadership team to define the future of Investment Management by assessing and analyzing the current state; by creating targets and goals; and by ensuring the Investment Management organization is aligned to meet these targets 
  • Oversee investment program discretionary spend and prioritization, with accountably for the Program Management Office for Investments
  • Drive the selection of IBOR
  • Lead and implement innovative strategies and prioritize activities that are aligned with MassMutual’s top strategic priorities
  • Administer all ongoing portfolio monitoring and reporting, including reporting/monitoring as per regulatory requirements
  • Oversee new and ongoing manager Due Diligence
  • Expected Leadership Behaviors:
  • Foster and engage a high-performing, inclusive culture by attracting, retaining, and developing a diversified pool of talent who feel connected to and engaged in Investment Management’s vision and priorities
  • Develop the next generation of leaders who can build strategic partnerships with internal and external stakeholders to facilitate knowledge transfer and talent mobility
  • Create structures and processes for enterprise mindset
  • Encourage feedback and accountability
  • Promote collaboration and an enterprise mindset
  • Drive employee engagement, training, and communication

The Minimum Qualifications

  • 15+ years of executive and people management experience in the investments space
  • Demonstrated track record of managing long-term financial and strategic plans, identifying self-funding opportunities, and delivering relevant KPIs and productivity metrics
  • Ability to effectively collaborate and coordination with executives in other business units and subsidiaries
  • Exceptional communication and presentation skills

The Ideal Qualifications

  • Financial services background; insurance or related background preferrable; Understanding of Insurance Company investment portfolios a plus
  • Advanced degree (e.g., MBA), M&A experience

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the Chief Investment officer and the Investment Management Leadership 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

#LI-IZ

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.
Apply