Derivative Data Analyst

Derivative Data AnalystDerivative Center of Excellence (CoE)Full-TimeBoston, MA or Springfield, MAThe OpportunityAs 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 TeamThe 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 TeamThe 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 ImpactUnderstand 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 capabilitiesAccountability for data within the MassMutual derivative data ecosystem; Includes helping define requirements and ensuring data is fit for purposeUnderstand and translate business requirements, work with Product Owners and Developers to prioritize for implementationCommunicate and collaborate with external partners and asset managers to implement business solutions for new or changing business needsDrives root cause analysis and resolution of business derivative data challenges, including proposal and implementation of process or workflow changesServe 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 maintainedThe Minimum QualificationsBachelor’s degree in finance, accounting, technology, or a related field10+ years of investment data experience with an understanding of systems and data managementThe Ideal QualificationsExperience with Derivatives, Collateral Management, Risk, Compliance, AccountingInvestment Accounting & General Ledger entry backgroundSubject Matter Expert with Calypso or similar system(s) and familiarity with Accounting Rules and Configuration, SIMM Calibration, and Workflow ConfigurationsExperience in derivative trade operations processes, workflows, and life cycle eventsKnowledge of Extract, Transform, and Load (ETL) PipelineFamiliarity with Eagle Star and PACE, SAP (HANA, R3)implement and support of SWIFT payment process and configurationsExperience with Excel, Pivot table, and VBA is a mustKnowledge of SQL and Python a plusResponsible for projects and work with business to document business requirementsFamiliarity with Agile methodology and using Jira/ConfluenceEffective time management skills and the ability prioritize multiple initiatives is essentialProven success working across multiple priorities with limited guidanceStrong quantitative orientation, analytical skills, and seasoned judgment as well as a high level of intellectual curiosity and tolerance for navigating ambiguityMust 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 needsAbility to manage own priorities and adapt quickly to changesPrior experience driving continuous improvement and efficiencies beyond own scope of responsibilityDesire to learn and ability to apply learnings to business issuesSelf-starter with proven ability to organize and direct quality work effortsAbility to communicate across all levels of the organization, Comfortable interacting with vendors, business partners and internal Investment and IT teamsStrong collaboration skills and the ability to work in a team-based environmentWhat to Expect as Part of MassMutual and the TeamRegular meetings with the Investment Data Management teamFocused one-on-one meetings with your managerAccess to mentorship opportunitiesNetworking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource GroupsAccess to learning content on Degreed and other informational platformsYour ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits#LI-MM1MassMutual 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.

Created: 2025-02-24