Head of Investment Data Strategy and Governance

MassMutual - Worcester, MA

Full-time - Senior

Worcester, MA

Insurance Carriers and Related Activities

About the position

The Investment Management (IM) team is seeking an energetic and intellectually curious individual to lead the Investment Data Strategy team. This role is pivotal in defining, communicating, and advancing the data strategy for IM, collaborating with various teams across Investment Management, Enterprise Risk Management, Corporate Finance, Enterprise Technology, Corporate PMO, MassMutual affiliates, and external third parties. The Investment Data Strategy team operates within the IM Strategy and Governance organization, which is responsible for driving IM's strategy forward, optimizing governance and decision-making processes, and establishing common metrics, processes, and tools. This team also supports key internal and external stakeholders in progressing the IM target operating model and coordinates strategic initiatives, Investment Compliance, and Investment Due-Diligence. A successful candidate will demonstrate strong leadership and communication skills, a passion for learning, and resilience. The ideal individual will adapt easily to changing priorities, manage time across multiple initiatives, and engage in discussions about investment topics with various teams across the organization. Responsibilities include leading a team to ensure that the strategy for sourcing, aggregating, distributing, and governing investment data meets the comprehensive requirements of the end-to-end investment management process. The role also involves partnering with project and development teams to ensure alignment with the investment data strategy, driving business value through the adoption of data governance practices, and applying investment knowledge to address data issues and enhance the data ecosystem. Additionally, the candidate will play a key role in designing and implementing MassMutual's target operating model for Investment Operations, providing investment portfolio reporting and analysis for various stakeholders, and overseeing the budget for market data and technology suppliers.

Responsibilities

• Lead the Investment Data Strategy team to define and drive the data strategy for Investment Management.
• Ensure the strategy for sourcing, aggregating, distributing, and governing investment data meets the requirements of the investment management process.
• Partner with project and development teams to align solutions with the investment data strategy.
• Drive business value through the delivery and adoption of data governance practices, including accountability models and data quality measurement.
• Collaborate with teams across the organization to address data issues and implement enhancements to the data ecosystem.
• Design and implement MassMutual's target operating model for Investment Operations.
• Provide investment portfolio reporting and analysis for the Portfolio Management team and other stakeholders.
• Serve in working groups outside of Investment Management to advance departmental interests.
• Oversee the budget for market data and technology suppliers.

Requirements

• Bachelor's degree in a relevant field.
• Minimum of 12 years of investment data experience.
• Experience developing and leading high-performing, diverse teams.
• Proven leadership experience in an Investment Management function.
• Proficient in MS Office Suite (Teams, Excel, PowerPoint, and Word).
• Experience in analyzing data using business intelligence software such as MicroStrategy, IBM Cognos, Tableau, or equivalent tools.
• Strong understanding of various types of investment instruments including fixed income, equity securities, alternatives, and derivatives.
• Strong communication skills with the ability to condense analyses into actionable recommendations.

Nice-to-haves

• Experience with the insurance industry and knowledge of statutory investment accounting requirements.
• Proven strategies for managing multiple deliverables with a disciplined approach and attention to detail.
• Excellent analytical, critical thinking, and problem-solving skills.
• Strong interpersonal skills and ability to build relationships with diverse audiences.

Benefits

• Equal Employment Opportunity employer
• Accommodations for application process available for individuals with disabilities