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Project Manager Investment Operations & Accounting Ecosystem

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 CFPMO 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 CFPMO 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

The CFPMO oversees the execution of initiatives across Corporate Finance, Enterprise Risk, Investment Management, Law, and HR & Employee Experience, 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. 

We are a newer team of self-starters, who enjoy solving complex business problems with proven track records of excellence in project management and the ability to quickly structure and manage work in a dynamic, complex environment.

The Impact:

As a Corporate Function 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
  • Proven success in delivering complex long-term projects on time, within budget, and to scope ​
  • Strong understanding of project management methodologies ​
  • Excellent communication (written and verbal) and interpersonal skills ​
  • Proficiency in project management software including but not limited to MS Project, Smartsheet, 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.
  • Experience leading projects related to mergers and acquisitions (M&A), corporate re-organizations, and/or legal operations or procurement
  • Project Management Professional (PMP) certification or equivalent ​
  • Agile/Waterfall project management experience ​

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the  CFPMO
  • 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-BO1

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

$105000 / YEARLY (est.)
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$90000K
$120000K

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What You Should Know About Project Manager Investment Operations & Accounting Ecosystem, MassMutual

If you're ready to bring your project management expertise to shape the future of investment management, look no further than the Project Manager Investment Operations & Accounting Ecosystem position with MassMutual. As a member of the newly formed Corporate Function Program Management Office (CFPMO) located in the vibrant Hampden County, MA, you'll be at the forefront of transformative corporate finance initiatives. In this role, you'll work closely with the CFPMO Portfolio Lead to oversee the planning and execution of projects that drive substantial change across MassMutual’s core functions. Your days will be filled with collaborative meetings where you’ll partner with project sponsors, ensuring thorough project charters and financial forecasts are accurately shaped to meet business needs. Having 8+ years of project management experience, you’ll tap into standardized PM processes to keep projects on track and foster efficiencies across complex, high-stake projects. You’ll be developing essential project artifacts while managing risk and scopes dynamically. With a focus on continuous improvement, your role will empower you to influence project outcomes significantly! Join a team that thrives on solving complex business problems, and enjoy being part of an inspiring culture that values mentorship, diversity, and ongoing professional growth. With a focus on work-life balance and a commitment to ethical business practices, MassMutual is a place where you can truly enhance your skills while making a difference!

Frequently Asked Questions (FAQs) for Project Manager Investment Operations & Accounting Ecosystem Role at MassMutual
What are the primary responsibilities of a Project Manager Investment Operations & Accounting Ecosystem at MassMutual?

As a Project Manager in the Investment Operations & Accounting Ecosystem at MassMutual, your primary responsibilities include planning, execution, and reporting of various projects within the Corporate Function Program Management Office (CFPMO). You will partner with project sponsors to create essential documentation like the Cost Benefit Analysis and Project Charter, develop detailed project plans, and manage scope and risks throughout the project lifecycle. Additionally, you'll be responsible for leading teams to ensure that projects meet predefined business requirements and stay within budget.

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What qualifications are needed for the Project Manager position at MassMutual?

To apply for the Project Manager Investment Operations & Accounting Ecosystem position at MassMutual, candidates typically need a Bachelor's degree or equivalent experience along with 8+ years of project management experience. A proven track record in delivering complex, long-term projects on time and within budget is essential. Familiarity with project management methodologies and software such as MS Project, Smartsheet, and Jira is also required. Ideal candidates might have additional qualifications, including a Project Management Professional (PMP) certification and experience leading projects in investment management and capital markets.

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How does MassMutual support the career growth of its Project Managers?

MassMutual is committed to the professional growth of its Project Managers through various programs and resources. You will have regular meetings with the CFPMO and opportunities to engage in one-on-one discussions with your manager to discuss your career path. Access to mentorship opportunities and networking with diverse Business Resource Groups enhances your overall experience and provides a platform to learn from others. The company also features learning content on platforms like Degreed to help you expand your industry knowledge.

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What kind of projects will the Project Manager work on at MassMutual?

As a Project Manager in the Investment Operations & Accounting Ecosystem at MassMutual, you will be involved in projects that span Corporate Finance, Enterprise Risk, and Investment Management. This could include initiatives related to mergers and acquisitions, corporate reorganizations, and the development of systems that align with strategic corporate goals. Your role will require you to manage projects with high complexity and risk, making use of advanced project management practices to ensure successful outcomes.

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What is the team culture like at MassMutual for Project Managers?

The culture at MassMutual for Project Managers is centered around collaboration, innovation, and professional integrity. The CFPMO team consists of self-starters who thrive on problem-solving, creating a supportive environment that encourages open communication and the sharing of ideas. MassMutual values diverse perspectives and fosters an inclusive atmosphere, dedicating resources to ensure everyone feels valued and empowered to contribute their best work.

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Common Interview Questions for Project Manager Investment Operations & Accounting Ecosystem
Can you describe your experience with managing complex projects?

In your response, highlight specific projects you've managed, particularly those with many moving parts or high stakes. Discuss how you approached planning, execution, and risk management while ensuring timely delivery and budget adherence. Providing metrics or outcomes can enhance your credibility.

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How do you prioritize tasks in a high-pressure project environment?

To answer this, share your method for assessing project urgency and importance, such as using a priority matrix. Discuss any tools you use for task management and how you communicate priorities to team members to ensure alignment.

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What project management software do you prefer, and why?

Explain your experience with various project management tools, like MS Project, Smartsheet, or Jira. Discuss your preferences based on usability, features that enhance team collaboration, and how these tools help you track progress and manage deadlines effectively.

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How do you handle project changes or scope creep?

Discuss your experience with formal change request processes and how you communicate scope changes with stakeholders. Provide examples illustrating your ability to manage expectations and adjust plans while keeping team members informed and motivated.

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

Share a concrete example of a risk you identified, how you assessed its potential impact, and the strategies you implemented to mitigate it. Highlight the importance of maintaining a risk register and how proactive communication with stakeholders ensured project success.

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What is your approach to team leadership in project settings?

Speak about your leadership style, emphasizing communication, empowerment, and fostering a collaborative environment. Discuss how you set clear expectations, encourage team members to provide input, and support their growth through feedback and coaching.

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How do you ensure alignment with project sponsors and stakeholders?

Explain your methods for maintaining regular communication with project sponsors, such as status updates, meetings, and feedback sessions. Highlight the importance of understanding their goals and expectations throughout the project lifecycle.

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What strategies do you use for budgeting and cost management in projects?

Discuss your approach to developing initial budgets and monitoring costs throughout the project. Elaborate on using financial forecasting tools, addressing variances, and ensuring you follow the Change Request Process for budget adjustments.

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Describe a time you had to resolve a conflict within your project team.

Provide an example that showcases your conflict resolution skills. Discuss your approach to listening, understanding different perspectives, and finding common ground to restore team harmony while keeping the project on track.

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Why do you want to work as a Project Manager at MassMutual?

Share personal motivations and how MassMutual’s values align with your career goals. Mention aspects of the company's culture, mission, or projects that excite you and express your desire to contribute to impactful initiatives.

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