Mass Mutual Life Insurance Company
Investment Product Owner (Fixed Income Portfolio Management)
Mass Mutual Life Insurance Company, Boston, Massachusetts, us, 02298
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Investment Product Owner (Fixed Income Portfolio Management)
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Mass Mutual Life Insurance Company 2 months ago Be among the first 25 applicants Join to apply for the
Investment Product Owner (Fixed Income Portfolio Management)
role at
Mass Mutual Life Insurance Company Get AI-powered advice on this job and more exclusive features. Summary
We are seeking a highly motivated and experienced Fixed Income Portfolio Management Product Owner to drive the vision, strategy, and roadmap of our portfolio and order management solutions for the Fixed Income Portfolio Management team. The ideal candidate will have a deep understanding of investment strategies across a variety of public and private asset classes, and the data required to support these. This includes the understanding of associated business processes and internal/vended technology capabilities, with a focus on designing, testing, and choosing optimal workflows. The Product Owner is not a Portfolio Manager or Portfolio Analyst but instead works closely with Front Office teams to improve processes, technology, and data. In close partnership with the Head of Asset Allocation, the Product Owner will play a key role in ensuring the seamless integration of new tools and enhancements tied to enabling capabilities such as portfolio modeling, order management, allocations, and cash forecasting. This newly created role is responsible for strategic change, liaising with both day-to-day business teams (i.e. Fixed Income Portfolio Management) as well as technology teams (i.e. Enterprise Technology), and ensuring priorities and interests of the group are represented across functional areas. The Product Owner will be accountable for not only assessing trade-offs, but making and owning decisions intended to improve the portfolio management of fixed income strategies at MassMutual. Full-Time
Boston, MA or Springfield, MA
Summary
We are seeking a highly motivated and experienced Fixed Income Portfolio Management Product Owner to drive the vision, strategy, and roadmap of our portfolio and order management solutions for the Fixed Income Portfolio Management team. The ideal candidate will have a deep understanding of investment strategies across a variety of public and private asset classes, and the data required to support these. This includes the understanding of associated business processes and internal/vended technology capabilities, with a focus on designing, testing, and choosing optimal workflows. The Product Owner is not a Portfolio Manager or Portfolio Analyst but instead works closely with Front Office teams to improve processes, technology, and data. In close partnership with the Head of Asset Allocation, the Product Owner will play a key role in ensuring the seamless integration of new tools and enhancements tied to enabling capabilities such as portfolio modeling, order management, allocations, and cash forecasting. This newly created role is responsible for strategic change, liaising with both day-to-day business teams (i.e. Fixed Income Portfolio Management) as well as technology teams (i.e. Enterprise Technology), and ensuring priorities and interests of the group are represented across functional areas. The Product Owner will be accountable for not only assessing trade-offs, but making and owning decisions intended to improve the portfolio management of fixed income strategies at MassMutual.
The Team
The Fixed Income Portfolio Management Product Owner will join the Investment Operations Transformation team as part of a new, centralized Product Owner group. The Product Owner’s responsibility extends across direct portfolio management capabilities through to understanding how operational and accounting workflows contribute to those activities.The Product Owner team is expected to work in close partnership with Front Office stakeholders, the Investment Operations Centers of Excellence, Investment Controllership, and Technology teams.The goal of this group is to build comprehensive expertise in MassMutual process and investment management across asset classes and investment functions.As a critical point of distinction, the Investment Operations Transformation team and the Product Owner will remain segregated from day to day “Business As Usual” (BAU) work.
Impact
The Product Owner will have impact in the following 5 areas:
Strategy & Vision
Drive product vision, strategy, and roadmap for business architecture and process flows supporting fixed income portfolio management activities in coordination with Portfolio Management, Investment Operations, Controllership and Technology teams. Responsible for ensuring vision, strategy and roadmap are communicated to relevant stakeholders Develop deep domain expertise in MassMutual business processes and internal/vended technology capabilities, tying this with their knowledge of investment strategies, and ensuring that this knowledge is not only conveyed appropriately but also factored into the strategy and roadmap
Process
Own business requirements definitions for portfolio management focused projects and initiatives, incorporating input from business users Serve as the first line of defense in business UAT testing to free up capacity for business users Maintain and sign off on documentation for key business processes and the operating model. Related initiatives can range from small- to large-scale and can have far-reaching impact to processing workflows across the entire ecosystem for the entire lifecycle of an asset Ensure key business processes are understood and considered by technology counterparts as a part of change initiatives
Roadmap
Drive project planning, sizing, and delivery timelines for the project queue and backlog based on capability gaps, in close collaboration with the Corporate Functions PMO and Enterprise Technology project management resources Represent the interests of fixed income portfolio management processes and activities in the investment ecosystem transformation program by liaising with business end users to gather requirements, by performing testing, and by incorporating user input in recommendations Assess, own, and be accountable for recommending go-forward prioritization decisions in partnership with Portfolio Managers, Traders, and Technology colleagues Collaborate with other Product Owners to determine resourcing needs and project dependencies within and across products, articulating trade-offs to business users and senior/executive leadership Rationalize requests for new tools, enhancements, or issue resolutions from operational teams, considering existing solutions and current projects, and escalate and monitor with appropriate vendor/external oversight teams as needed
Communication
Maximize the value of tech investments by driving change management, socialization, and adoption of tech strategies and tools. Manage interactions between business, operational and technology teams, communicating business needs into technical requirements, and negotiating priorities with tech/data based on business needs. Advocate for portfolio management team requirements, escalate emerging trade-offs, and support decision-making by senior/executive leadership. Communicate with all levels of the Fixed Income Portfolio Management team, partnering closely with the Head of Asset Allocation as a primary point of contact
Metrics
Establish KPIs and track application/platform adoption using tools and reports. Track issues raised and their time to resolution. Monitor the business impact of programs and initiatives to ensure targeted outcomes of strategic change are being realized.
The Minimum Qualifications
Proven experience 5+ years as a Product Owner or similar role Strong understanding of Investment technology, data and processes, with expertise in fixed income portfolio management strategies 10+ years’ related experience in financial services, insurance, or related industry Bachelor's degree in Finance, Engineering or related field
The Ideal Qualifications
Excellent communication and interpersonal skills, highly collaborative Ability to manage multiple projects and prioritize tasks effectively Experience in project planning and resource allocation Strong analytical and problem-solving skills CFA or similar certification encouraged
#IMOPS
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.
EEO Statement (Opens in new window)
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $152,100.00-$199,600.00
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Product Management and Marketing Referrals increase your chances of interviewing at Mass Mutual Life Insurance Company by 2x Sign in to set job alerts for “Product Owner” roles.
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Investment Product Owner (Fixed Income Portfolio Management)
role at
Mass Mutual Life Insurance Company 2 months ago Be among the first 25 applicants Join to apply for the
Investment Product Owner (Fixed Income Portfolio Management)
role at
Mass Mutual Life Insurance Company Get AI-powered advice on this job and more exclusive features. Summary
We are seeking a highly motivated and experienced Fixed Income Portfolio Management Product Owner to drive the vision, strategy, and roadmap of our portfolio and order management solutions for the Fixed Income Portfolio Management team. The ideal candidate will have a deep understanding of investment strategies across a variety of public and private asset classes, and the data required to support these. This includes the understanding of associated business processes and internal/vended technology capabilities, with a focus on designing, testing, and choosing optimal workflows. The Product Owner is not a Portfolio Manager or Portfolio Analyst but instead works closely with Front Office teams to improve processes, technology, and data. In close partnership with the Head of Asset Allocation, the Product Owner will play a key role in ensuring the seamless integration of new tools and enhancements tied to enabling capabilities such as portfolio modeling, order management, allocations, and cash forecasting. This newly created role is responsible for strategic change, liaising with both day-to-day business teams (i.e. Fixed Income Portfolio Management) as well as technology teams (i.e. Enterprise Technology), and ensuring priorities and interests of the group are represented across functional areas. The Product Owner will be accountable for not only assessing trade-offs, but making and owning decisions intended to improve the portfolio management of fixed income strategies at MassMutual. Full-Time
Boston, MA or Springfield, MA
Summary
We are seeking a highly motivated and experienced Fixed Income Portfolio Management Product Owner to drive the vision, strategy, and roadmap of our portfolio and order management solutions for the Fixed Income Portfolio Management team. The ideal candidate will have a deep understanding of investment strategies across a variety of public and private asset classes, and the data required to support these. This includes the understanding of associated business processes and internal/vended technology capabilities, with a focus on designing, testing, and choosing optimal workflows. The Product Owner is not a Portfolio Manager or Portfolio Analyst but instead works closely with Front Office teams to improve processes, technology, and data. In close partnership with the Head of Asset Allocation, the Product Owner will play a key role in ensuring the seamless integration of new tools and enhancements tied to enabling capabilities such as portfolio modeling, order management, allocations, and cash forecasting. This newly created role is responsible for strategic change, liaising with both day-to-day business teams (i.e. Fixed Income Portfolio Management) as well as technology teams (i.e. Enterprise Technology), and ensuring priorities and interests of the group are represented across functional areas. The Product Owner will be accountable for not only assessing trade-offs, but making and owning decisions intended to improve the portfolio management of fixed income strategies at MassMutual.
The Team
The Fixed Income Portfolio Management Product Owner will join the Investment Operations Transformation team as part of a new, centralized Product Owner group. The Product Owner’s responsibility extends across direct portfolio management capabilities through to understanding how operational and accounting workflows contribute to those activities.The Product Owner team is expected to work in close partnership with Front Office stakeholders, the Investment Operations Centers of Excellence, Investment Controllership, and Technology teams.The goal of this group is to build comprehensive expertise in MassMutual process and investment management across asset classes and investment functions.As a critical point of distinction, the Investment Operations Transformation team and the Product Owner will remain segregated from day to day “Business As Usual” (BAU) work.
Impact
The Product Owner will have impact in the following 5 areas:
Strategy & Vision
Drive product vision, strategy, and roadmap for business architecture and process flows supporting fixed income portfolio management activities in coordination with Portfolio Management, Investment Operations, Controllership and Technology teams. Responsible for ensuring vision, strategy and roadmap are communicated to relevant stakeholders Develop deep domain expertise in MassMutual business processes and internal/vended technology capabilities, tying this with their knowledge of investment strategies, and ensuring that this knowledge is not only conveyed appropriately but also factored into the strategy and roadmap
Process
Own business requirements definitions for portfolio management focused projects and initiatives, incorporating input from business users Serve as the first line of defense in business UAT testing to free up capacity for business users Maintain and sign off on documentation for key business processes and the operating model. Related initiatives can range from small- to large-scale and can have far-reaching impact to processing workflows across the entire ecosystem for the entire lifecycle of an asset Ensure key business processes are understood and considered by technology counterparts as a part of change initiatives
Roadmap
Drive project planning, sizing, and delivery timelines for the project queue and backlog based on capability gaps, in close collaboration with the Corporate Functions PMO and Enterprise Technology project management resources Represent the interests of fixed income portfolio management processes and activities in the investment ecosystem transformation program by liaising with business end users to gather requirements, by performing testing, and by incorporating user input in recommendations Assess, own, and be accountable for recommending go-forward prioritization decisions in partnership with Portfolio Managers, Traders, and Technology colleagues Collaborate with other Product Owners to determine resourcing needs and project dependencies within and across products, articulating trade-offs to business users and senior/executive leadership Rationalize requests for new tools, enhancements, or issue resolutions from operational teams, considering existing solutions and current projects, and escalate and monitor with appropriate vendor/external oversight teams as needed
Communication
Maximize the value of tech investments by driving change management, socialization, and adoption of tech strategies and tools. Manage interactions between business, operational and technology teams, communicating business needs into technical requirements, and negotiating priorities with tech/data based on business needs. Advocate for portfolio management team requirements, escalate emerging trade-offs, and support decision-making by senior/executive leadership. Communicate with all levels of the Fixed Income Portfolio Management team, partnering closely with the Head of Asset Allocation as a primary point of contact
Metrics
Establish KPIs and track application/platform adoption using tools and reports. Track issues raised and their time to resolution. Monitor the business impact of programs and initiatives to ensure targeted outcomes of strategic change are being realized.
The Minimum Qualifications
Proven experience 5+ years as a Product Owner or similar role Strong understanding of Investment technology, data and processes, with expertise in fixed income portfolio management strategies 10+ years’ related experience in financial services, insurance, or related industry Bachelor's degree in Finance, Engineering or related field
The Ideal Qualifications
Excellent communication and interpersonal skills, highly collaborative Ability to manage multiple projects and prioritize tasks effectively Experience in project planning and resource allocation Strong analytical and problem-solving skills CFA or similar certification encouraged
#IMOPS
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.
EEO Statement (Opens in new window)
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $152,100.00-$199,600.00
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Product Management and Marketing Referrals increase your chances of interviewing at Mass Mutual Life Insurance Company by 2x Sign in to set job alerts for “Product Owner” roles.
Newton, MA $108,000.00-$150,000.00 2 weeks ago Bedford, MA $120,000.00-$125,000.00 1 week ago Digital Product Owner – Patient Find and Diagnose
Cambridge, MA $125,250.00-$180,916.66 1 week ago Product Owner – Campaign Planner and Tracker
Cambridge, MA $125,250.00-$180,916.66 2 weeks ago Boston, MA $131,100.00-$172,000.00 1 month ago Cambridge, MA $125,250.00-$180,916.66 2 days ago Technical Product Owner/Manager - Greater Boston/Southern NH Required Area
Quincy, MA $108,880.00-$187,800.00 4 days ago Investment Product Owner (Mortgage Loans)
Digital and Technology MDM Product Owner
Boston, MA $86,000.00-$142,000.00 2 weeks ago Waltham, MA $162,000.00-$204,000.00 1 week ago Investment Product Owner (Mortgage Loans)
Boston, MA $152,100.00-$199,600.00 2 months ago Investment Product Owner (Quantitative Research and Development)
Burlington, MA $125,000.00-$187,500.00 1 month ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr