The Opportunity

As an Advisory Risk Oversight Consultant, you will join a team that is focused on managing investment policies for the firm’s investment advisory programs, as well as related brokerage and insurance related products and services.  This role will be actively engaged in the construction and monitoring of investment policy guidelines and will provide consultative operational support and issue resolution for field advisors and other internal stakeholders. The Advisory Oversight Consultant will also identify and lead project enhancements to further optimization of the advisory oversight function, implement new or changed processes, and be an active and visible participant in overall risk management routines in Wealth Management.  

The Team

The team has varied backgrounds and experience in the industry but share a developed business acumen, an agility to switch between support and analytical work as well as a strong communication skillset, delivered both internally and externally. The role of this team is a careful balance between investment expertise, core support role of the advisors’ practices and participation in on-going internal oversight initiatives.

The Impact

The Advisory & Risk Oversight Team is a multi-tiered business unit that assists the Broker-Dealer in mitigating risk for the firm and its partners. This is accomplished by accurate, timely execution of the firm’s Supervisory Control Procedures.

Key Responsibilities Include:

Key participant in the maintenance of the firm’s advisory program investment policies, guidelines, and operating procedures

Monitoring and detecting violations of the firm’s advisory program investment policies and working independently with advisors, field management, product and support teams to design and implement timely resolutions

Partnering with lines of business, Compliance, Supervision and Law to execute operational and regulatory risk initiatives including identifying, implementing, and documenting solutions

Participating in implementation of initiatives with greater complexity that benefit the greater Wealth Management organization

Drafting, reviewing, and implementing policies and operational procedures to support the advisory oversight team and lines of business stakeholders

Demonstrating the ability to effectively communicate with registered representatives including agency personnel, as well as internal business partners such as Compliance, Field Inspection, and Regional Supervisory Directors

Preparing and delivering analyses, reports, and presentations to management

Staying current on regulatory and industry matters relevant to the MassMutual Wealth Management line of business

The Minimum Qualifications

5+ years of financial services, banking, insurance, or regulatory experience 

Bachelor’s degree  

FINRA Series 7 & 24 at time of application or must obtain within 180 days 

2+ years' experience with investment programs, portfolio management, financial risk management and analysis 

2+ years' experience in project management, implementing regulatory requirements or process enhancements 

The Ideal Qualifications

8+ years of financial services, banking, insurance, or regulatory experience 

MBA or PMP certification

FINRA Series 7 & 24 at time of application 

Chartered Financial Analyst (CFA) or working toward attainment 

Strong knowledge of investment advisory products, security types and how they work, asset allocation and portfolio construction 

Solutions and detail oriented, organized, critical thinking and decision making are a must  

Ability to work independently, multi-task and manage daily responsibilities with project work 

Strong verbal and written communication skills; ability to build relationships vertically in the organization 

Strong interest in doing more and moving up in responsibilities and visibility 

Exposure to investment advisers, financial planning concepts, sales practices, and regulations 

Direct experience managing the identification, solution design and implementation of new regulatory requirements, processes and/or high-level operational procedures 

Direct experience with risk, compliance, or supervision practices in financial services or with a regulator 

High level critical thinking with a problem resolution mindset 

Exceptional organizational, analytical, problem-solving and communication skills 

What to Expect as Part of MassMutual and the Team

Regular meetings with the Investment Policy Support 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 nosiness with industry leading pay and benefits

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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.

Salary Range: $84,100.00-$110,300.00