Investment Risk Consultant Job at MassMutual, New York, NY

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  • MassMutual
  • New York, NY

Job Description

The Opportunity  

As an Investment Risk Consultant, you will join a team that is focused on managing investment policies for the firm’s investment advisory programs, as well as related brokerage and insurance related products and services. This role will be actively engaged in the construction and monitoring of investment policy guidelines and will provide consultative operational support and issue resolution for field advisors and other internal stakeholders.

The Team  

The team has varied backgrounds and experience in the industry but share 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. 

The Impact  

As an Investment Risk Consultant, your responsibilities will include, but are not limited to the following: 

  • Oversee Investment Advisory Programs: Monitor the existing account and bring possible non-compliant accounts to the attention of supervision. 

  • Mitigating Risk: Execute the firm’s Supervisory Control Procedures in an accurate and timely fashion.

  • Lead Project Enhancements: Implement new or changed processes and be an active and visible participant in overall risk management routines in Wealth Management.

Key Responsibilities Include:

  • Maintain advisory program investment policies, guidelines, and procedures

  • Monitor and detect policy violations, working with advisors and teams to resolve issues

  • Partner with business lines, Compliance, Supervision, and Law to manage operational and regulatory risks

  • Implement complex initiatives benefiting Wealth Management

  • 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

The Minimum Qualifications  

  • 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

The Ideal Qualifications  

  • 8+ years of financial services, banking, insurance, or regulatory experience 

  • FINRA Series 7 & 24 at time of application

  • Strong knowledge of investment advisory products, security types and how they work, 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 

What to Expect as Part of MassMutual and the Team  

  • 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 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 nosiness with industry leading pay and benefits 

#LI-CR41

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.

Job Tags

Full time,

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