MassMutual

Business Systems Analyst - Investment Accounting

MassMutual$124K — $163K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree
  • 8+ years designing and implementing complex solutions
  • 5+ years investment data experience with an understanding of systems and data management
  • 3+ years experience with BlackRock Aladdin ABOR/IBOR
  • 5+ years experience with investment management systems across all offices
  • 5+ years data analysis experience with large datasets from multiple sources

Responsibilities

  • Provide subject matter expertise on BlackRock Aladdin Accounting Platform
  • Instruct and direct the work of other Business Analysts
  • Define business/system scope and objectives based on user needs
  • Devise procedures to solve complex problems while considering limitations
  • Analyze business/user needs and translate them into requirements
  • Ensure solutions align with business and IT strategies
  • Act as a team leader for complex projects

Benefits

  • Inclusive and diverse workplace culture
  • Opportunities for professional growth and development
  • Strong ethical business principles
  • Health, wellness, and financial benefit programs
  • Commitment to fair and equitable pay
Full Job Description
Business Systems Analyst - Investment Management Technology (ETX)

(Hybrid, Boston)

Do you want to be part of a team that encourages your growth, supports your ambitions and makes it a priority for you to reach your goals? Is helping people part of who you are? MassMutual assists millions in achieving financial freedom, providing protection and future planning. We do this by building trust with our customers by being knowledgeable problem solvers and prioritize their needs above all else. We Live Mutual.

The Opportunity

This position is required to provide subject matter expertise for BlackRock Aladdin Accounting Platform and related applications.

Recognized as subject matter expert in business analysis field. Has responsibility for instructing, directing, and checking the work of other Business Analysts. Formulate and define business and/or systems scope and objectives based on both user needs and a thorough understanding of industry requirements. Devise or modify procedures to solve highly complex problems considering limitations, operating time, and form of desired results. Provide analysis of business and user needs, documentation of requirements, and translation into proper business and/or system requirements. Consider the business implications of the application of technology to the current and future business environment. Act as a team leader for complex projects.

The Team

You will be joining MassMutual's Investment Management Technology team. Our mission is to build reliable automation solutions for the Investment Operations business team. You will be part of a team that is technical, highly motivated and excels at working in a fast paced and always evolving environment with agility and resilience.

The Impact:

The Business Systems Analyst is responsible for the analysis, design, and testing of complex applications and system integration processes supporting MassMutual's Investment Management Unit. This role supports strategic investment initiatives within these areas and ensures recommended solutions are aligned with business and MassMutual IT strategies while adhering to relevant technology standards.

This role leverages problem solving and analytical skills to design technical solutions related to data management and system integration challenges and contributes to troubleshooting efforts across multiple functional areas including General Investment Accounts, Separate Investment Accounts, Securities & various technology platforms supporting Investments.

This is a critical role in maintaining the cohesion between the business stakeholders and the technology delivery teams. It requires a deep and broad technology background conducive to that found in a "master application developer" but this is not a development position but will participate and guide technology decisions and best practices. It also requires a strong work ethic, the ability to work independently or in collaboration, exceptional communication skills, and knowledge of, or the aptitude to learn the investment management data domain.
  • Perform analysis of business process, procedures, data and rules
  • Experience with data-centric architectures, multi-dimensional time series, and techniques to guarantee robust data integrity
  • Demonstrated ability to identify and understand critical business features that drive value, and translate those into solid technical solutions
  • Excellent written and oral communication skills, ability to effectively and confidently interact with business and technical personnel, at all levels in the organization
  • Proven technical leadership and mentoring skills
  • Strong knowledge of the investment accounting across multiple asset classes, public and private, including derivatives
  • Candidates must combine an attention to detail with the ability to see the big picture
  • Demonstrated ability to communicate effectively using verbal and written methods to all levels of an organization
  • Proficient with standard documentation tools (Lucid Chart, Excel, Word)
  • Capable of applying knowledge to handle all but the most complex problems independently
  • Drives continuous improvement and efficiencies beyond own scope of responsibility


The Minimum Qualifications
  • Bachelor's degree
  • 8 + years of experience with designing and implementing complex solutions
  • 5+ years of investment data experience with an understanding of systems and data management.
  • 3+ years of experience with BlackRock Aladdin ABOR/IBOR
  • 5+ years of experience with investment management systems (from front office to middle office, to back office)
  • 5+ years of data analysis experience working with large data sets and multiple sources of data.


The Ideal Qualifications

Technical Skills
  • Expert user of excel and proficient with SQL/Oracle query tools
  • Experience with platforms like BlackRock Aladdin OMS is highly preferred
  • Experiene with BalckRock Aladdin ABOR implementaion is preferred
  • Ability to apply technical and business knowledge across multiple business functions
  • Ability to work in close collaboration with project/program managers, architects, developers, and testers to optimize the quality of the developed product
  • Skilled in interacting between internal business partners, internal IT teams, and offshore partners
  • Ability to effectively estimate time to complete design and development tasks
  • Influence design & architecture inclusive of technical (non-functional) requirements
  • Ability to communicate clearly and to simplify complex topics for a wide range of audiences (both written and verbal)
  • Ability to work through complex issues, identify themes, and develop solutions, in time-critical situations.
  • Ability to develop a strong understanding of business processes and functional requirements and skill to be able to translate business requirements into succinct functional / technical specifications, experience writing ETL requirements, and providing close oversight of specifications
  • Ability to quickly learn new technologies and platforms
  • Ability to adhere to project schedules and meet deadlines in the execution of job responsibilities


Soft Skills
  • Self-managed and motivated individual with strong leadership skills.
  • Excellent written, oral and presentation skills.
  • Works with minimal oversight and proactively communicates status and risks to project leadership.
  • Ability to work well in a team environment.


#LI-RK1

Salary Range:
$124,800-$163,800

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We've been around since 1851. During our history, we've learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It's more than our company structure - it's our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

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

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

About MassMutual

MassMutual Careers

Join the vibrant team at MassMutual – a leading financial services company where innovative thinking and leadership thrive. MassMutual offers a unique opportunity to accelerate your career in an environment that encourages growth, diversity, and professional development.

Work You’ll Do

At MassMutual, we are committed to helping our clients secure their future and protect the ones they love. Our team is composed of highly skilled professionals dedicated to delivering excellence and innovation in financial services. By joining our team, you will collaborate with talented individuals who are leaders in their fields, passionate about what they do, and eager to drive transformation in the financial sector.

Explore Job Opportunities and Internships

Whether you're starting your career or looking to make a change, MassMutual has a range of job opportunities and internships that can help you achieve your professional goals. From positions in finance, marketing, IT, and more, our company is actively hiring individuals who are ready to contribute to our culture of excellence and continuous improvement.

Professional Growth and Development

MassMutual is deeply invested in the professional growth of its employees. We offer comprehensive training programs, including leadership development and diversity training, to ensure that every team member has the skills and knowledge to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Benefits and Culture

Choosing to work at MassMutual means joining a company that values its employees. We offer competitive benefits packages that support the health, financial stability, and well-being of our team members and their families. Our inclusive culture fosters an environment where everyone can thrive, and our leadership is committed to maintaining a diverse and supportive workplace.

Networking and Innovation

MassMutual encourages a culture of networking and innovation. We believe that by fostering connections and encouraging new ideas, we can better serve our clients and stay ahead in a rapidly evolving industry. Our employees are given the tools and freedom to innovate, leading to groundbreaking solutions and services.

Applying for a Position

Ready to take the next step in your career? Explore our current job openings on the MassMutual Careers page. Prepare your resume, sharpen your interview skills, and get ready to join a team that values hard work and creativity. At MassMutual, your future is waiting.

Stay Connected

Keep up to date with the latest from MassMutual by following our careers blog. Gain insights from our team, learn about new job openings, and get tips on everything from resume building to successful interviewing techniques.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with MassMutual today, and be part of a company that’s as invested in your career as you are.

MassMutual: Empowering Professional Futures

At MassMutual, we’re not just preparing you for a job; we’re preparing you for a lifetime of opportunities. Join us and discover how far your ambition can take you.
Learn more about MassMutual
Size
7,700 employees
Industry
Founded
1851

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