Derivative Systems Business Analyst

Derivative Center of Excellence (CoE)

Full-Time

Boston, MA or Springfield, MA

The Opportunity

As a critical member of a specialized team, the Derivative Systems Business Analyst will partner with the Lines of Business (LOBs), Enterprise Risk Management (ERM), Investment Managers, Compliance, and subsidiaries to provide expertise, analysis, and solutions to resolve critical issues and help drive some of our strategic initiatives.  Our ideal candidate is a collaborative team member skilled in analytical capability, business analysis, detail-oriented and adaptable, agile project management, has a strong understanding our systems, our process flows, and an effective communicator (both written and verbal) with both business and technology teams.  You’ll use your skills to provide subject matter expertise and complete in-depth analysis, which contribute to the strategic efforts of our team.  

The Team

The Derivative Systems Business Analyst Team provides expertise in the Derivative Center of Excellence (CoE) supporting MassMutual’s General Investment Account (GIA).  The team is unique, as it intersects with multiple stakeholders across the derivative ecosystem, including Investment Management Front Office, Investment Management Operations, Enterprise Technology & Experience (ETX) and external vendors.  The team serves an integral role in both BAU and strategic initiatives by providing analysis, documentation, enhancement, testing and delivery related to derivative applications, configurations, data flows and integrations. The team exhibits integrity by consistently providing thoughtful and honest insights, ensuring transparency for all stakeholders.  They are results oriented, while fostering a collaborative environment where each team member’s input is respected, and different perspectives are encouraged to drive results.

The Impact

• Understand data flows and hierarchies within the derivative system including how data is sourced and aggregated to support daily delivery of derivative data to MassMutual stakeholders to enable critical derivative reporting and analysis capabilities
• Accountability for data within the MassMutual derivative data ecosystem; Includes helping define requirements and ensuring data is fit for purpose
• Understand and translate business requirements, work with Product Owners and Developers to prioritize for implementation
• Communicate and collaborate with external partners and asset managers to implement business solutions for new or changing business needs
• Drives root cause analysis and resolution of business derivative data challenges, including proposal and implementation of process or workflow changes
• Serve as a point of escalation and ongoing support for front office, middle office, and back office teams as well as all users of data extracts while ensuring appropriate documentation of processes is available and maintained

The Minimum Qualifications

• Bachelor’s degree
• 8+ years of investment data experience with an understanding of systems and data management
• 8+ years of Derivative systems and configuration experience

The Ideal Qualifications

• Experience with Derivatives, Collateral Management, Risk, Compliance, Accounting
• 6+ years as SME in Calypso, Aladdin, or similar systems; strong workflow/configuration knowledge
• Skilled in configuration specs documentation and release management
• Deep understanding of derivative trade operations, lifecycle events, collateral management, and payment workflows
• Advanced Excel (Pivot, VBA), SQL, and Python
• Experience in Agile, Jira, and Confluence; strong project and requirement documentation skills
• Proven ability to manage multiple priorities, drive continuous improvement, and adapt to change
• Demonstrate strong analytical and technical skills by writing clear BRDs, understanding complex data structures, and managing ETL processes to support system and workflow enhancements.
• Problem-solver and collaboration skills; effective communicator across all levels
• Eligible to work in the US without sponsorship

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Investment Data Management team
• Focused one-on-one meetings with your manager
• 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 business with industry leading pay and benefits

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MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

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