Investment Management Consultant

Company: MassMutual
Location: Springfield
Posted on: September 18, 2024

Job Description:

Investment Management ConsultantFull-TimeSpringfield, MA or Boston, MA (Hybrid)The Opportunity -Investment Management (IM) is looking for a highly motivated and engaged Investment Consultant. They must be task-driven and detailed orientated while having clear and concise written and verbal communication skills with the ability to orchestrate multiple simultaneous initiatives which will require excellent communication, organization, time management, and problem-solving skills. Day-to-day tasks will be keeping accurate records of all incoming and current statements of work (SOW), procurement services agreements (PSA) for the Investment Management division with a heavy focus on end of year renewals. Other duties include new SOWs/PSAs, extensions, purchase orders, employee and contractor onboarding and offboarding, expenses, contract firm oversight while managing the associated budget. The incumbent is someone who enjoys working in a fast-paced environment, is comfortable taking on complex tasks and enjoys working in partnership with others both on our team and across the enterprise. This position is based in Springfield or Boston with a hybrid schedule. -The Team -The Strategy and Planning team is part of the Investment Management (IM) Strategy and Governance Organization. The Strategy and Governance team drives IM's strategy forward, optimizing governance and decision-making processes, analyzes, and establishes common metrics, processes, and tools and supports key internal and external stakeholders in progressing the IM target operating model. The team is also responsible for coordinating the department's strategic initiatives, Investment Compliance, Investment Due-Diligence and Investment Data Strategy and Governance.The Impact - -

• Regularly communicate with internal stakeholders including the line of business, legal, compliance and data security groups to assess risks specific to each Vendor contact/SOW -
  • Support the negotiation process with Procurement and suppliers to produce contracts that adhere to MassMutual contracting standards and meet business objectives. You will be responsible for planning and executing negotiation strategy in a timely manner while adjusting to changing circumstances -
    • Be an integral part of drafting and/or redlining contracts to ensure that MassMutual is adequately protected from risks by relying upon your skills to assess the impact of deviations from standards and engage internal stakeholders when required -
      • Understanding the business drivers behind contracts/SOWS and developing an execution plan -
        • Working closely with the Procurement team, and stakeholders as appropriate -
          • Serve as division's records retention specialist and act as the division's Unit Information Coordinator, managing information storage across the division with the support of identified sub coordinators -
            • Serve as backup personnel for invoice processing and purchase order setup in MassMutual's vendor management system, Ariba -
              • SharePoint development and maintenance for the Investment Management Portal -
                • Support preparation of presentation materials to communicate the team's overall progress to achieve its goals and escalate any risks, issues and/or decisions where appropriate -
                  • Support the onboarding and off-boarding activities of employees and contingent resources - -
                    • Assists with employee engagement, team building, event planning and other organizational functions as needed - -Minimum Qualifications -
                      • Bachelor's Degree -OR in lieu of a bachelor's degree, we require 10+ years in equivalent professional experience
                        • 5+ years of experience in the following areas: -
                          • Contract evaluation, drafting and negotiation/redlining -
                          • Managing supplier engagements and/or engaging with procurement-related functions -
                          • Project coordination and/or advanced administration - -
                            The Ideal Qualifications -

                            • 4+ years of experience with IT and technology related contracts including Software as a Service (SaaS), hardware, software licensing, IT professional services, etc -
                              • Experience working with multiple procurement functions such as supplier and category management -
                                • Can-do, positive attitude and comfortable working with senior, executive and external stakeholders with acute attention to detail -
                                • Team Player/Relationship Building: Collaborative with strong interpersonal skills; able to relate to and build strong relationships with diverse internal and external audiences; leverages the ability to deliver effectively -
                                  • Innovation: Continually looks within and beyond their job, anticipating business needs and opportunities. -
                                    • Expert knowledge and comfort working with advanced versions of Microsoft Office suite (Word, Excel, PowerPoint, etc.) -
                                      • Working knowledge of Smartsheet - -
                                        • Previous experience working in a financial services/insurance organization -
                                        • Strong knowledge of Excel, Ariba, Concur, SharePoint and other technology required to support the organization -
                                        • Strong Communication skills with the ability to communicate effectively using verbal and written methods to all levels of an organization -
                                        • High level of attention to detail and time management, with a strong understanding of the importance of being responsive and proactive in a deadline-driven environment -
                                        • Collaborative approach, demonstrates openness, and provides assistance as urgent situations or ad-hoc needs arise -What to Expect as Part of MassMutual and the Team -
                                          • Regular meetings with Strategy and Planning team -
                                            • Focused one-on-one meetings with your manager -
                                              • Access to mentorship opportunities -
                                                • 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 -.#LI-SC1MassMutual 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.

Keywords: MassMutual, Springfield , Investment Management Consultant, Executive , Springfield, Massachusetts