Strategic Treasury Partner
MassMutual
Strategic Treasury Partner
Full-Time
Boston, MA, Springfield, MA, or New York, NY
The Opportunity
As a Strategic Treasury Partner, you will work in a fast paced, innovative and collaborative environment, to expand our credit/financing and liquidity opportunities, as well as actively collaborate with the Treasury team responsible for the management of MassMutual’s capital, liquidity, and financial flexibility. This role will also involve building out our existing reporting and forecasting capabilities to enhance the company’s leverage and liquidity management.
The Strategic Treasury Partner will have the opportunity to:
- Contribute to analysis that will elevate strategic Liquidity and Debt Management decision making
- Improve modeling tools and reporting capabilities for liquidity forecasts and intercompany and external debt
- Lead efforts to optimize efficiency of processes and advance analytical analysis
The Team
This role will report directly to the Head of Debt Financing and Liquidity and will be a member of the Balance Sheet Management team within the Treasury organization. The team is a dynamic team of individuals with diverse backgrounds that are focused on evaluating actual and projected trends in levels of capital, liquidity, and credit so that they may develop strategies to improve financial performance and conditions.
The Impact
Your work will provide insights to enable strategic decisions made to optimize liquidity and ensure financial stability, operational efficiency, strategic flexibility and risk mitigation.
You will accomplish that through the responsibilities listed below:
Liquidity Forecasting and Management:
- Review investment commitments, in collaboration with Investment Management team
- Perform sensitivity analytics to Operating Liquidity forecasts
- Conduct forecast variance analysis to enhance accuracy
- Prepare liquidity reports and assist with development of presentations for executive audience
Debt and Subsidiary Management:
- Lead execution of subsidiary funding transactions
- Execute transactions for internal and external debt; maintain calculation of interest expense
- Partner with team to manage the trade finance portfolio
- Support debt portfolio optimization project
Optimization Projects:
- Minimize time spent on production and data manipulation activities by transforming our modeling, analytic, and reporting capabilities and implementing automation and technology where possible
- Lead additional analytic projects including subsidiary liquidity management
- Monitor changes in treasury regulations, industry trends, and best practices to ensure compliance and provide informed recommendations
The Minimum Qualifications
- 5+ years of experience in a financial role with exposure to accounting, cash operations, liquidity management and/or debt financing
- Bachelor's Degree in accounting, finance, economics, business administration or related field
The Ideal Qualifications
- Advanced exposure to financial modeling, including accounting and treasury capital transactions
- Ability to proactively take ownership of projects and drive through to completion
- Working knowledge in SAP and financial technologies
- Critical thinking and problem solving
- Experience collaborating across multiple teams
- Detail-oriented with excellent oral and written communication skills
- Organized, planful and continuous improvement mindset
- Intellectual curiosity to continue learning and add breadth and depth to understanding
- Ability to seek guidance and learn new skills from peers
What to Expect as Part of MassMutual and the Team
- Regular meetings with the Debt Management & Liquidity and broader Treasury teams
- Focused one-on-one meetings with your manager
- 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-MM1
Salary Range:
$113,100-$148,400At 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. We welcome all persons to apply.
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.