Investment Risk Consultant

MassMutual - New York, NY

Full-time - Mid Level

New York, NY

Insurance Carriers and Related Activities

About the position

The Investment Risk Consultant role involves managing investment policies for the firm's advisory programs and related products. The consultant will engage in constructing and monitoring investment policy guidelines while providing operational support and resolving issues for field advisors and internal stakeholders. This position balances investment expertise with core support functions and participation in internal oversight initiatives.

Responsibilities

• Oversee Investment Advisory Programs by monitoring existing accounts and identifying non-compliant accounts.
• Execute the firm's Supervisory Control Procedures accurately and timely to mitigate risk.
• Implement new or changed processes and actively participate in risk management routines in Wealth Management.
• Maintain advisory program investment policies, guidelines, and procedures.
• Monitor and detect policy violations, collaborating with advisors and teams to resolve issues.
• Partner with business lines, Compliance, Supervision, and Law to manage operational and regulatory risks.
• Draft, review, and implement policies and procedures for advisory oversight and business stakeholders.
• Communicate effectively with registered representatives, agency personnel, and internal business partners.
• Prepare and deliver analyses, reports, and presentations to management.
• Stay current on regulatory and industry matters relevant to MassMutual Wealth Management.

Requirements

• 5+ years of financial services, banking, insurance, or regulatory experience.
• FINRA Series 7 & 24 at time of application or must obtain within 180 days.
• 2+ years' experience with investment programs, business governance, or financial risk management and analysis.
• 2+ years' experience implementing regulatory requirements, process enhancements or effecting change.
• Bachelor's degree.

Nice-to-haves

• 8+ years of financial services, banking, insurance, or regulatory experience.
• Strong knowledge of investment advisory products, security types, asset allocation, and portfolio construction.
• Ability to work independently, multi-task, and manage daily responsibilities with project work.
• Strong verbal and written communication skills; ability to build relationships vertically in the organization.
• Exceptionally strong business acumen.
• Exceptional written communication skills.
• MBA or PMO/PMP.
• Chartered Financial Analyst (CFA) or working toward attainment.

Benefits

• Regular meetings with the Investment Policy Support team.
• Focused one-on-one meetings with your manager.
• Access to mentorship opportunities.
• Networking opportunities including access to various Business Resource Groups.
• Access to learning content on Degreed and other informational platforms.