MassMutual
Securities Trade and Reconciliation Analyst
MassMutual, Springfield, Massachusetts, us, 01119
Securities Trade and Reconciliation AnalystTrade Operations and ReconciliationInvestment ManagementFull-Time, (Hybrid)
(requires rotating coverage until 7pm)The OpportunityAs a
Trade and Reconciliation Operations Analyst , you will play a critical role in a fast-paced, complex, and collaborative environment. This role offers the ability to learn the overall flow of data in the investment ecosystem and the opportunity to work with teams across the organization that utilize investment data. The nature of the work will require perseverance, accountability, attention to detail, and the ability to react to ever-changing business needs.As an Investment Data Integrity Analyst, you will apply your investment knowledge and technical skills as a member of the Investment Data Integrity team. You will provide essential support to the users of the Investment Data Ecosystem, including troubleshooting and resolving issues with Reference Data, monitoring and validation of Critical Data Elements, and providing the reporting and investment close processes. This role offers the opportunity to partner with teams around the organization to identify and implement process and data improvements. You will understand the importance of Investment Data Quality and look for opportunities to continuously improve processes.The TeamThe Securities Trade and Reconciliation team is part of the Investment Data Integrity team, reporting to the Head of Investment Data Integrity within the MassMutual Investment Operations team. The Investment Data Quality Team oversees the daily processing of security master, trade, positions, and transactions for all assets in MassMutual’s General Investment Account (GIA) and partners closely with Security Operations, Investment and Tax Accounting, and Enterprise Risk Management to address and resolve data-related issues.The Impact:Monitoring of trade ingestion from all sources into the Investment Accounting System, resolving issues ‘on the fly’ or working with business partners to resolve.Understanding and maintaining Security Master File details and updating as needed across all asset types.Processing manual trade activity when needed and following appropriate controls.Performing daily trade and security master reconciliations, identifying breaks and root causes for remediation, and escalating to appropriate partners when needed.Developing business acumen regarding corporate actions, paydowns, and income payments and how activity flows through the system.The Minimum QualificationsBachelor’s degree in Finance, Accounting, or a related area.5+ years of experience in investment operations processes and related data workflows.Must be eligible to work in the US without sponsorship now or in the future.The Ideal QualificationsKnowledge of Eagle PACE or similar Data Management Tool.Knowledge of Eagle STAR or similar Investment Accounting platform.Expert user of Excel.Knowledge of SQL/Oracle query tools.Strong documentation skills.Strong collaboration skills and the ability to work in a team-based environment.Microstrategy or other reporting tool experience is a plus.What to Expect as Part of MassMutual and the TeamRegular meetings with the Investment Data Quality 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.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.
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(requires rotating coverage until 7pm)The OpportunityAs a
Trade and Reconciliation Operations Analyst , you will play a critical role in a fast-paced, complex, and collaborative environment. This role offers the ability to learn the overall flow of data in the investment ecosystem and the opportunity to work with teams across the organization that utilize investment data. The nature of the work will require perseverance, accountability, attention to detail, and the ability to react to ever-changing business needs.As an Investment Data Integrity Analyst, you will apply your investment knowledge and technical skills as a member of the Investment Data Integrity team. You will provide essential support to the users of the Investment Data Ecosystem, including troubleshooting and resolving issues with Reference Data, monitoring and validation of Critical Data Elements, and providing the reporting and investment close processes. This role offers the opportunity to partner with teams around the organization to identify and implement process and data improvements. You will understand the importance of Investment Data Quality and look for opportunities to continuously improve processes.The TeamThe Securities Trade and Reconciliation team is part of the Investment Data Integrity team, reporting to the Head of Investment Data Integrity within the MassMutual Investment Operations team. The Investment Data Quality Team oversees the daily processing of security master, trade, positions, and transactions for all assets in MassMutual’s General Investment Account (GIA) and partners closely with Security Operations, Investment and Tax Accounting, and Enterprise Risk Management to address and resolve data-related issues.The Impact:Monitoring of trade ingestion from all sources into the Investment Accounting System, resolving issues ‘on the fly’ or working with business partners to resolve.Understanding and maintaining Security Master File details and updating as needed across all asset types.Processing manual trade activity when needed and following appropriate controls.Performing daily trade and security master reconciliations, identifying breaks and root causes for remediation, and escalating to appropriate partners when needed.Developing business acumen regarding corporate actions, paydowns, and income payments and how activity flows through the system.The Minimum QualificationsBachelor’s degree in Finance, Accounting, or a related area.5+ years of experience in investment operations processes and related data workflows.Must be eligible to work in the US without sponsorship now or in the future.The Ideal QualificationsKnowledge of Eagle PACE or similar Data Management Tool.Knowledge of Eagle STAR or similar Investment Accounting platform.Expert user of Excel.Knowledge of SQL/Oracle query tools.Strong documentation skills.Strong collaboration skills and the ability to work in a team-based environment.Microstrategy or other reporting tool experience is a plus.What to Expect as Part of MassMutual and the TeamRegular meetings with the Investment Data Quality 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.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.
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