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Financial Risk Project Manager

Project Manager

Full-Time

Springfield, MA or Boston, MA

The Opportunity

The newly announced Corporate Function Program Management Office (CFPMO) is seeking an experienced project manager to support the stand-up of the new organization supporting Investment Management, Enterprise Risk and Corporate Finance initiatives. In this role, you will report directly to the Portfolio Lead and be accountable for the planning, day-to-day execution, management, implementation and reporting of projects while using the defined project management (PM) processes and standards. The CFPMO PM process is designed to support the CFPMO’s mission to increase the value impact of change efforts across MassMutual’s corporate functions. As a Project Manager, you will execute by following a standardized process for project initiation, planning, execution, and close. Project managers will partner and support project sponsors and portfolio lead in developing required detailed project artifacts tailored to project complexity.

The Team

This portfolio oversees the execution of initiatives across Corporate Finance, Enterprise Risk, and Investment Management as well as defines and owns project management standards across the company. The team is focused on driving and aligning critical programs and projects across our Corporate Functions, creating more visibility into this work, while enabling better prioritization, collaboration, and execution.

The Impact

As the Project Manager, you will:

  • Partner with Project Sponsors and Functional Managers to compile Discovery artifacts such as a Cost Benefit Analysis (CBA), Project Charter, high level Resource Plan, and high-level Milestone Plan to be reviewed to receive Discovery Funding
  • Develop and maintain required Detailed Planning artifacts and manage plan execution
  • Determine project scope and manage scope execution
  • Develop financial forecasts, record cost variance, anticipate and address delivery challenges, and request budget changes if needed following associated Change Request Process
  • Develop high-level milestones during Discovery​ and develop detailed project schedules during Detailed Planning
  • Based on complexity assessment and with guidance on each project, refine the resource plan, develop a RACI Matrix, conduct a Key-Person Risk Assessment, and Third-Party Support Needs Assessment 
  • Ensure early identification, resolution, and escalation of project risks through maintenance of Risk and Issue Log and project Pre-Mortem activity
  • Accountable for meeting all business requirements from development through implementation

The Minimum Qualifications

  • Bachelor's degree​ or equivalent experience and expertise
  • 3+ years of project management experience​
  • 1+ years of experience in project management software including but not limited to MS Project, Smartsheet, and Jira​

The Ideal Qualifications

  • 5+ years of project management experience, 2+ within a PMO
  • 3+ years of experience leading projects impacting core Investment Manager and Capital Market systems and business processes
  • Proven success in delivering projects on time, within budget, and to scope​
  • Strong understanding of project management methodologies i.e. Agile or Waterfall​
  • Excellent communication (written and verbal) and interpersonal skills
  • Project Management Professional (PMP) certification or equivalent​​​

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the portfolio sponsor
  • Focused one-on-one meetings with your manager
  • Access to mentorship opportunities
  • 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

#LI-DM2

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.
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Average salary estimate

$95000 / YEARLY (est.)
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$80000K
$110000K

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Full-time, on-site
DATE POSTED
April 2, 2025

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