MassMutual Financial Group Compliance Consultant – Wealth Management in Springfield, Massachusetts

Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. This is why we want to inspire people to Live Mutual. We at MassMutual value diversity and inclusion. We’re people helping people.

A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are the foundation of what makes MassMutual a strong, stable and ethical business. We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.

Together, we’re stronger.

Description

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POSITION SUMMARY

The Wealth Management Compliance Team, as part of MMUS Compliance, is responsible for providing guidance and support to MassMutual’s Broker Dealers and Investment Advisory business’ back office and supervisory staff. This may include monitoring and adherence to policies and procedures as well as providing compliance oversight to MML Investors Services LLC (MMLIS), MMLIS’ Investment Advisor (CRIA), MML Strategic Distributors LLC (MSD) and MML Distributors LLC (MMLD).

RESPONSIBILITIES

  • Provide support and guidance related to the Broker Dealer Surveillance systems, TSS, PTA, Dataminder and Hearsay Social

  • Assist in establishing and maintaining surveillance rule sets and hierarchies associated with our surveillance systems

  • Provide support and manage interactions with outside vendors who support our surveillance systems, including managing upgrades and resolving system issues

  • Work with and provide support to the Supervisory Controls Group to address enhancements and modifications to TSS and PTA

  • Deliver, Maintain and Monitor Pay to Play disclosures as well as Code of Ethics and RR Attestations through PTA or other systems

  • Assist in providing compliance guidance and support to the Registration Team for all MMUS broker dealers (MMLIS, MSD, MMLD)

  • Assist in managing the 3120 and 3130 requirements for MSD and MMLD

  • Assist with developing DOL Compliance monitoring and reporting

  • Assist with providing guidance to MMLIA as needed.

  • Responsible for effectively educating and informing senior and executive management of MMLIS/MSD compliance issues in order to avoid significant regulatory, financial, and reputational exposure for the company.

  • Proactively provide compliance guidance and interpretation of regulations and company policy to MMLIS/MSD/MMLD staff and management related to surveillance activities.

  • Act as compliance liaison and resource to MSD/MMLD/MMLIA or other areas within the Company as new systems, workflows or operational policies and procedures are developed which require surveillance capabilities

  • Work with other business constituencies such as the Law Division to address compliance and regulatory issues.

  • Handle projects and special assignments as required.

BASIC QUALIFICATIONS

  • Minimum of 4-6 years recent experience in securities compliance or law.

  • Strong broker dealer background in securities, variable products and retirement plan business

  • Ability and willingness to identify regulatory risks and supervisory control weaknesses to mid and senior-level management.

  • Ability and willingness to develop and negotiate creative and practical solutions to compliance and regulatory issues that meet regulatory requirements while balancing the needs and available resources of the business areas.

  • Strong written and verbal communication skills with the ability to generate precise and thorough documentation.

  • Strong analytical skills, with the ability to effectively identify and communicate and address the full range of potential compliance exposures.

  • Ability to manage multiple and changing priorities.

  • Excellent interpersonal, negotiation and risk assessment skills.

  • Ability to deal effectively with internal clients at all levels and areas of the organization.

  • Experience with SunGard systems including TSS/Protegent Surveillance and PTA desired

  • Bachelor’s degree. FINRA Series 7 and 24 required or completed within 90 days of hire.

  • Authorized to work in the United States without sponsorship now or in the future.

PREFERRED QUALIFICATIONS

  • A graduate degree or advanced professional designation is desired.

Ranked No. 77 in the annual FORTUNE ® 500 Ranking (FORTUNE ® Magazine, June 2017) and recognized as a World’s Most Ethical Company by Ethisphere, MassMutual is guided by a single purpose: 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.

CORE VALUES

Focus on the Customer: We understand our customers well and look for every opportunity to deliver an experience that is clear, easy, personal, human, empowering and trustworthy.

Act with Integrity: We deliver on our promises by being open, honest and humble and by adhering to the letter and spirit of applicable laws, rules, regulations and company policies.

Value People: We respect and learn from each other’s diverse backgrounds, experiences and ideas. We engage and develop people to their greatest potential.

Work Collaboratively: We work together to achieve results by actively listening, seeking, understanding and creating solutions as a unified team driving toward one company, one culture, one brand.

Achieve Results: We focus on winning by exceeding expectations and getting better – everyone, every day.

For more information, visit www.massmutual.com or find us on Facebook, Twitter, LinkedIn, YouTube, Google+, Instagram and Pinterest.

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.

At MassMutual, we’re fostering an inclusive and dynamic environment where our employees are valued for who they are and can build successful careers. For us, diversity and inclusion is more than a goal, it’s the only way forward.

• 100% rating on the Human Rights Campaign Corporate Equality Index (2018)

• National Association for Female Executives Top Company for Executive Women (2017)

• DiversityInc Noteworthy Company (2017)

• Disability Equality Index® (DEI) Best Place to Work for Disability inclusion (2017)

• Working Mother Media 100 Best Company (2017)

• Military Friendly Employer (2018)