Cash & Securities Management Consultant, Investment Operations

Company: MassMutual
Location: New York
Posted on: February 4, 2025

Job Description:

Cash & Securities Management Consultant, Investment Operations Full-Time
As a Cash & Securities Management Consultant in our Investment Operations organization, you are responsible for transaction processing and oversight over the lifecycle of invested assets and their portfolios for the Company. This includes assisting in onboarding new managers and investment types, relationship management, customer support, calculation of forecast and funds available investing, general ledger balancing, reporting, reconciliations, payment validations, and complex transaction processing.

The Investment Operations team is agile and works independently, yet collaboratively. All members are held accountable and are encouraged to grow in the role via peer to peer training, education and industry participation. To be successful on this team, you must have a strong attention to detail, be able to multi-task, thrive in a fast-paced work environment, have strong interpersonal skills and have a continuous improvement mindset.

As a Cash & Securities Management Consultant, you will need to have advanced knowledge of back office securities operations functions. You will maintain the lifecycle of the assets in accordance with established policies and procedures, which may include:
Forecast and validate expected cash flows related to investments
Research, analyze, validate and process security related transactions (redemptions, corporate actions, etc) on the accounting system, many times collaborating with others across the organization
Perform reconciliations, including exception oversight, analysis and resolution
Partner with vendors, banks and Investment Managers
Reconcile general ledger suspense lines on a daily and monthly basis
Training of new team members

5+ years working in the financial services sector in similar investment operations capacity


Four-year Bachelor's Degree preferred
Experienced in back-office securities operations or similar (reconciliation of cash to receivables/payables)
Advanced knowledge and experience using Microsoft Office products (primarily Excel, PowerPoint)
SAP experience
Advanced Banking, Treasury, Investment experience
Strong inter-personal skills to facilitate building positive working relationships
Risk and controls awareness
Recognition of patterns and trends in data operations and identify opportunities for improving processes and systems
Regular meetings with the Investment Operations team
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, 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

#MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. 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.

Keywords: MassMutual, Mount Vernon , Cash & Securities Management Consultant, Investment Operations, Executive , New York, New York