Due Diligence Consultant

MassMutual • Springfield, MA

2d

About The Position

The Due Diligence Consultant will conduct initial and ongoing due diligence analysis of investment offerings and ad hoc and routine research on investment-related topics (i.e. philosophies, market & economic conditions, performance, product types, competition). Additional responsibilities include the periodic delivery and review of aggregated information via data entry & automation (i.e. performance reporting, due diligence summaries), managing short time horizon Due Diligence projects and projects that may have a long time horizon and broad impact across the company. The Team: The Advisory & Risk Oversight team has varied backgrounds and experience in the industry but shares a developed business acumen, an agility to switch between support and analytical work as well as a strong communication skillset, delivered both internally and externally. The role of this team is a careful balance between investment expertise, core support role of the advisors’ practices and participation in on-going internal oversight initiatives. We are hiring multiple Due Diligence Consultants for this role.

Requirements

• Bachelor’s Degree
• 3+ years of experience working with investment products and asset classes - including Alternatives, SMAs, mutual funds, variable annuities, etc. OR 3+ years' experience in investment operations, with prior due diligence experience
• 2+ years of experience using Microsoft Office products
• 1+ year experience with Morningstar, Bloomberg and/or other investment databases
• Due to the nature of this position, as a part of our background check process, candidates must be able to pass a non-registered fingerprint background check to qualify as a fingerprinted person under FINRA

Nice To Haves

• CFA designation or currently pursuing
• Prior due diligence experience with various complex and alternative investment products
• Independent, analytical, detail-oriented individual who can balance the needs of multiple projects in various stages of completion
• Demonstrated success in a process-driven environment
• Previous experience presenting findings to senior leadership
• Demonstrated ability to directly address concerns/conflicts and escalate issues where appropriate
• Adaptability and ability to thrive in a fast-paced, changing environment
• Recognition of patterns and trends in data operations and identifying opportunities for improving processes and systems

Responsibilities

• Assessment of Investment Manager’s operational infrastructure and governance models, in addition to their philosophy, process, resources and performance
• Providing findings and/or recommendations to senior management in written form and in investment committee presentations
• On-going monitoring and oversight of investment managers and external service providers
• Collaborating and communicating with stakeholders within MML Investor Services, LLC as well as with other cross-functional business partners
• Maintaining and improving standard work, policies/procedures and process workflows
• Ad-hoc projects such as research on investment categories, vehicle types, emerging trends, supporting processes, technology enhancements, and serving as subject matter expert in a consultative role to various departments
• Consults with other departments to help them understand an investment product’s features, benefits, and risks highlighting specific areas of concern.

Benefits

• competitive salaries
• incentive and bonus opportunities
• bonus target or in a sales-focused role a Variable Incentive Compensation component
• Access to learning, development, and internal networks that support continuous growth and skill-building over time
• Employee-led communities and forums that foster connection, learning, and inclusion across the organization
• industry leading pay and benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level