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Investment Management Project Manager

Investment Management 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 Corporate Finance, Enterprise Risk, and Investment Management initiatives. In this role, you will report directly to the Investment Management 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 an Investment Management 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 leads 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 Investment Management 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 across multiple large projects or medium to large programs where scope is subject to change, contains high complexity and high degree of risk, large number of resources, and complex organizational change issues that support complex enterprise or strategic corporate goals
  • 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
  • Works with a high degree of autonomy to apply industry leading project and program management knowledge to 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
  • Drives continuous improvement and efficiencies beyond own scope of responsibility
  • Accountable for meeting all business requirements from development through implementation

The Minimum Qualifications

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

The Ideal Qualifications

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

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

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What You Should Know About Investment Management Project Manager, MassMutual

Join MassMutual as an Investment Management Project Manager and be part of a dynamic team driving significant initiatives in Corporate Finance, Enterprise Risk, and Investment Management. Located in the vibrant city of Springfield, MA, or in Boston, MA, this full-time position offers an exciting opportunity to collaborate closely with the Investment Management Portfolio Lead. You’ll be at the forefront of planning, executing, and managing projects, ensuring that each initiative aligns with our mission to enhance the impact of changes across our corporate functions. Utilizing established project management processes and standards, you will partner with project sponsors to create essential documents such as Cost Benefit Analyses and Project Charters. Your expertise will come into play as you handle complex projects that demand a keen understanding of scope management, financial forecasting, and risk mitigation. What sets you apart is your ability to foster collaboration and drive continuous improvement throughout our processes. While autonomy is vital, you’ll have regular touchpoints with supervisors, and mentorship opportunities abound within our inclusive team culture. If you bring over eight years of project management experience, particularly within investment management or capital markets, you’ll find a nurturing environment at MassMutual, where your skills will not only shine but also grow. Our commitment to diversity, integrity, and high ethical standards aligns perfectly with our ethos, making this an essential role for our Corporate Function Program Management Office. Let your journey with us start here, where values and expertise come together for success!

Frequently Asked Questions (FAQs) for Investment Management Project Manager Role at MassMutual
What are the primary responsibilities of the Investment Management Project Manager at MassMutual?

The Investment Management Project Manager at MassMutual is responsible for the planning, execution, and management of projects within Corporate Finance, Enterprise Risk, and Investment Management. This includes creating comprehensive project documentation, managing project scope, developing financial forecasts, and coordinating with project sponsors to enhance project delivery.

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What qualifications are needed to apply for the Investment Management Project Manager role at MassMutual?

To qualify for the Investment Management Project Manager position at MassMutual, candidates should have a bachelor's degree and at least 8 years of project management experience, with a preference for those holding a Project Management Professional (PMP) certification. Experience with project management software like MS Project and Jira is also essential.

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Is there an emphasis on teamwork in the Investment Management Project Manager position at MassMutual?

Absolutely! The Investment Management Project Manager role at MassMutual emphasizes collaboration and teamwork. This position requires close partnership with project sponsors and functional managers, ensuring that communication and collaborative efforts align with the company’s goals.

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What is the typical work environment for an Investment Management Project Manager at MassMutual?

The working environment for an Investment Management Project Manager at MassMutual is dynamic and supportive. You can expect regular meetings with your portfolio sponsor and manager, access to mentorship, and participation in networking opportunities to foster professional growth.

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What skills are important for success as an Investment Management Project Manager at MassMutual?

Key skills for success in the Investment Management Project Manager role at MassMutual include strong project management expertise, excellent communication skills, the ability to manage complex projects, and proficiency in project management methodologies such as Agile and Waterfall. Experience leading projects in the capital markets sector is also highly valued.

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Common Interview Questions for Investment Management Project Manager
Can you describe your experience with project management methodologies, particularly in investment management?

When answering this question, highlight specific methodologies you have used, such as Agile or Waterfall, and how they influence your project management approach, especially in investment management contexts. Provide examples of projects where these methodologies contributed to successful outcomes.

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How do you prioritize tasks and manage time effectively within a project?

Discuss your strategies for task prioritization, such as using project management tools or frameworks. Provide an example of how you organized tasks within a complicated project to ensure deadlines were met without sacrificing quality.

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What steps do you take to manage project scope and budget?

Explain your process for defining project scope and budget during project initiation. Provide an example of how you've tackled scope changes and budget variances in a previous project while aligning stakeholder expectations.

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Can you give an example of how you handled a project risk?

Share a specific situation where you identified a risk early in a project and describe the steps you took to mitigate it. Highlight the outcome and what you learned to make you a better project manager.

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What leadership style do you use when managing project teams?

Discuss your leadership style and provide examples of how you motivate and guide your team through challenges. An effective style may include encouraging collaboration, open communication, and fostering a supportive environment.

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How do you ensure effective communication among project stakeholders?

Emphasize the communication strategies you employ, such as regular updates, status meetings, or using project management software. Provide an example of how clear communication benefited a project you managed.

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Describe a complex project you successfully managed. What were the key factors in its success?

Provide details about a complex project, including its objectives, challenges, and your approach. Discuss the factors that contributed to its success, emphasizing your project management skills and teamwork.

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How do you handle conflict among team members during a project?

Illustrate your conflict-resolution skills by providing a specific example of a conflict situation during a project and how you facilitated a resolution that benefitted the team and the project outcome.

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What techniques do you use for estimating project timelines and resources?

Share your methods for estimation, such as historical data, expert judgment, or estimation software. Discuss how these techniques have led to accurate project planning and resource allocation in your experience.

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In your opinion, what is the most challenging aspect of project management in investment management?

Discuss the unique challenges present in investment management, such as regulatory compliance or market volatility. Provide insights into how your experience equips you to navigate these challenges effectively.

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