<span>Head of Investment Data Strategy and Governance</span>

$159,800 - $209,700/Yr

MassMutual - Springfield, MA

Full-time - Senior

Springfield, MA

1,001-5,000 employees

Insurance Carriers and Related Activities

About the position

The Head of Investment Data Strategy and Governance at MassMutual is a pivotal role within the Investment Management (IM) division, responsible for leading the Investment Data Strategy team. This position requires an energetic and intellectually curious individual with strong analytical skills to define, communicate, and drive forward the data strategy for Investment Management. The successful candidate will partner with various teams across the organization, including Enterprise Risk Management, Corporate Finance, Enterprise Technology, and MassMutual affiliates, as well as external third parties, to ensure that the investment data strategy aligns with the overall business objectives. The Investment Data Strategy team is integral to the IM Strategy and Governance organization, which focuses on optimizing governance and decision-making processes. This team analyzes and establishes common metrics, processes, and tools to support key internal and external stakeholders in progressing the IM target operating model. Additionally, the team coordinates strategic initiatives, Investment Compliance, and Investment Due-Diligence, ensuring that the investment data sourcing, aggregation, distribution, and governance meet the comprehensive requirements of the end-to-end investment management process. In this role, the Head of Investment Data Strategy will lead a team responsible for driving tangible business value through the delivery and adoption of data governance practices. This includes establishing an accountability model, measuring data quality, creating a data catalog, and engaging data consumers. The candidate will also play a crucial role in the design and implementation of MassMutual's target operating model for Investment Operations, providing investment portfolio reporting and analysis for various stakeholders, including the Portfolio Management team and the Investment Committee of the Board of Directors. The position also involves overseeing the budget for market data and technology suppliers, ensuring that the department's interests are advanced in working groups outside of Investment Management when appropriate.

Responsibilities

• Lead the Investment Data Strategy team to define and implement the data strategy for Investment Management.
• Partner with project and development teams to ensure alignment with the investment data strategy.
• Drive 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 enhance the data ecosystem.
• Design and implement MassMutual's target operating model for Investment Operations.
• Provide investment portfolio reporting and analysis for various stakeholders, including the Investment Committee and external rating agencies.
• 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.
• 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.