Investment Consultant

The MassMutual Financial Group is a global, diversified financial services organization with more than $395 billion in total assets under management. Our family of companies serves the needs of nearly 13 million clients by providing a broad-based portfolio of financial products and services including: investments, annuities, disability income insurance, life insurance, retirement services/401(k) plans, trust services, mutual funds and long-term care insurance.

 

MassMutual Financial Group is committed to providing an inclusive work environment that capitalizes on the talents and contributions of all employees, regardless of age, race, gender, background, religion, disability, national origin, sexual orientation, or personal interests and beliefs.  We understand the importance of a diverse range of talent and ideas, and encourage our employees to share in this understanding.

 

We foster respect for our employees, and provide a culture where each individual has the opportunity to be just that ? an individual.

 

Our impressive array of talented employees enables us to provide exceptional service to our continually expanding, diverse client base.  The strong growth of our business, ongoing development of new products and expansion into new markets is dependent on the inclusive work environment we maintain.

 

RESPONSIBILITIES:

1. Investment Research

a. Primary research responsibilities for certain of the MassMutual funds in the Retirement Services and Variable Annuity platforms and corresponding investment managers

b. Secondary research responsibilities for certain other funds and corresponding investment managers

c. Interacts with investment management community to understand market, product, and trends

d. Manage ad-hoc projects designed to bolster the research process

e. Conduct screening and interviewing of prospective and existing money managers

2. Investment Product Management

a. Manage ad-hoc requests related to the delivery of information to various MassMutual internal clients such as Compliance, Legal, and Marketing Communications

b. Occasional auditing of marketing materials and Board communications

3. Investment Client Service

a. Provide back-up support to other investment consultants on conference calls and/or client visits

b. Technical help desk for assisting the sales and marketing staff

SCOPE

Describe the measures which gauge the relative size of this position and upon which this position has an impact.

Examples include: sales volume, payroll expense, operating budget and volume of goods purchased.

? Manages his/her portion of the $32 billion portfolio to performance standards

? Successful results translate into asset retention/growth in the sub-advised funds covered

? Successful results translate into new client acquisitions

? Work as a team player in the due diligence, client service, marketing and operations processes to foster a collegial and efficient management of the investment options.

? Coordination and timeliness of projects and regular due diligence responsibilities

? Responsible for the accessibility of files and corresponding clarity of documents within files in order to prepare for SEC audits

GENERAL RESPONSIBILITIES (percent):

1.  Primary Research on funds 50 Essential

2.  Secondary Research on funds 5 Essential

3.  New manager selection 5 Essential

4.  Ad hoc projects for research/product management 10 Essential

5.  Client service/sales 20 Essential

6.  Assists with other SBU in investment product constructs 10 Essential

JOB FACTORS: Complexity

Makes recommendations to Investment Services team to select or deselect money mangers based on MassMutual?s due diligence philosophy. Illustrates good organizational skills, team player, illustrates creativity and autonomy while simultaneously able to take direction.  Demonstrates good communication (both oral and written) skills to effectively share investment findings with team and internal clients.  Has professional maturity to effectively interface with internal and external customers, investment managers and team members.

JOB FACTORS: Financial Responsibility

? Ad hoc projects can translate into financial savings

? A well-performing sub-advised platform translates into higher cash flow to sub-advised funds which have higher revenue to MassMutual and lower overall expenses to customers

JOB FACTORS: Accountability

? Responsible for performance of individual funds/managers covered

? Responsible for feedback to team members on the performance of both his/her funds/managers and other team member?s funds/managers

? Responsible for collaborating on decisions with regard to new money managers

? Responsible for Compliance & regulatory oversight of his/her funds/managers

Responsible for content and delivery of investment message to clients/prospects

JOB FACTORS: Contact with Others.

Title Of Contact/Purpose/ Frequency, 

AVP Investment Services, Direct reporting relationship, daily, weekly.

Investment Analysts Team members daily

Compliance supplies information on covered funds monthly

 

REQUIREMENTS:Minimum Job Requirements: 5 Years Retirement or related investment experienceCollege degree CFA preferred or commitment to attaining the CFANASD Series 6, 63 registrations required. Candidates hired into this position who do not hold their NASD Series 6, 63 are required to obtain the registration at MassMutual's cost.  A total of 90 days are allotted from your start date to pass the Series, 6, 63 examsPrior fund analytical experience preferredMinimum 5 years Investment/ Retirement or related industry experience Working knowledge of sub advised investment platformsSolid command of the written wordProven track record Good presentation skillsGood communication (both oral and written) skills and the professional maturity to effectively interface with team members and internal/external clientsProven effectiveness in fast-paced, demanding environmentWorks well under pressureTeam playerPossesses good writing skillsCritical thinkerDiligent AnalyticalCreative Solution-oriented

 

This opening currently resides in Springfield, MA, however as organizations and their structures evolve, locations may be reevaluated and position location may change.  We are looking for candidates who have flexibility between MassMutual's two locations:  Springfield, MA, Enfield, CT.

 

If you would like to apply to this position, please click here https://secured.kenexa.com/mmutual/cc/CCJobDetailAction.ss?command=CCViewDetail&job_REQUISITION_NUMBER=52203 and click on the "APPLY" button at the bottom of the page.

 

In addition, if you would like to learn more about MassMutual, please visit www.massmutual.com.

 

MassMutual is an Equal Opportunity Employer

M/F/V/D