Compliance Analyst, Investment Compliance
Investment Management
Full-Time
Boston, MA or Springfield, MA
The Opportunity
As a Compliance Analyst, you will be responsible for monitoring compliance with various regulations, guidelines, and policies for the Company’s General Investment Account. Additionally, you will be responsible for assessing compliance with state regulatory investment limits, monitoring compliance with investment guidelines for discretionary accounts managed by third parties, and monitoring pre and post trade compliance matters using the Company’s order management systems for derivatives in a timely manner. You will also be responsible for supporting certain reporting requirements related to the Company’s governance and compliance framework to senior management.
The Team
The Investment Compliance Team partners with various stakeholders across MassMutual to assess and monitor compliance with various investment regulations, guidelines, and policies for the Company’s General Investment Account. The team works collaboratively with portfolio management, investment operations and various risk management teams across the Company to evaluate a broad range of compliance and risk related matters. The team is also focused on adding value via process improvement, automation, and enhanced reporting to support the Company’s investment strategies and objectives.
The Impact
As a crucial team member, you will provide valuable insight and perspective to management on a broad range of investment related regulatory, governance and risk matters. Candidates should have investment knowledge, strong analytical skills, and the ability to collaborate effectively with a wide range of internal and external stakeholders. Successful candidates will be able to work independently as well as contribute to projects. Individuals must be comfortable with learning new processes and systems and be able to prioritize work among incoming requests from various sources.
Responsibilities Include:
Monitoring ongoing compliance with state regulatory and internal investment limits
Analyzing ongoing compliance with investment guidelines for discretionary accounts
Monitoring of pre and post trade compliance rules using the Company’s systems
Collaborating with stakeholders to ensure appropriate resolution of compliance matters
Supporting reporting of compliance items to multiple constituencies
The Minimum Qualifications
The Ideal Qualifications
Bachelor’s Degree in Finance, Accounting or Legal Studies, preferred
5+ years of work experience in financial services, preferably in a compliance role
Knowledge of investments, including derivatives, preferred
Strong analytical, problem solving and issue resolution skills
Excellent verbal and written communication skills
Strong organizational and time management skills
Ability to work independently, prioritize work, and meet deadlines
Proficient with Microsoft Office tools (Outlook, Excel, Word, etc.)
What to Expect as Part of MassMutual and the Team
Regular meetings with the Investment Compliance 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: $82,000.00-$107,600.00