Director, Securities Trade and Reconciliation

Are you a seasoned finance professional looking for a new and exciting opportunity? Look no further! Massachusetts Mutual Life Insurance Company is seeking a highly experienced and motivated Director of Securities Trade and Reconciliation to join our dynamic team. In this role, you will be responsible for overseeing all aspects of securities trade execution and reconciliation, ensuring accuracy and efficiency in our investment portfolio. If you have a strong background in securities trading and reconciliation, excellent leadership skills, and a passion for driving results, we want to hear from you! Join us in our mission to provide financial security and peace of mind to our clients.

1. Oversee all aspects of securities trade execution, including monitoring and managing trade workflows, ensuring timely and accurate execution, and identifying and resolving any issues or discrepancies.
2. Develop and implement strategies and processes to improve efficiency and accuracy in securities trade execution and reconciliation.
3. Manage a team of securities traders and reconciliation specialists, providing guidance, coaching, and support to ensure department goals and objectives are met.
4. Collaborate with investment and risk management teams to ensure alignment of trading strategies with overall investment objectives and risk tolerances.
5. Monitor market trends and make recommendations for adjustments to the investment portfolio to optimize performance.
6. Conduct regular audits and reviews of trade execution and reconciliation processes to identify and address any potential risks or issues.
7. Ensure compliance with all regulatory requirements and company policies related to securities trading and reconciliation.
8. Develop and maintain strong relationships with external trading counterparties and vendors.
9. Prepare and present reports on trade execution and portfolio performance to senior management and stakeholders.
10. Continuously evaluate and implement new technologies and systems to enhance trade execution and reconciliation processes.
11. Provide leadership and mentorship to team members, promoting a positive and collaborative work environment.
12. Stay updated on industry developments and best practices related to securities trading and reconciliation, and implement any necessary changes to ensure the company remains competitive.
13. Promote a culture of continuous improvement and innovation within the department.
14. Represent the company in meetings and conferences related to securities trading and reconciliation.
15. Uphold the company's values and mission of providing financial security and peace of mind to clients.

According to JobzMall, the average salary range for a Director, Securities Trade and Reconciliation in Boston, MA, USA is between $125,000 and $165,000 per year. This may vary based on factors such as the size of the company, the industry, and the individual's experience and qualifications. Salaries may also include bonuses and other benefits.

The Massachusetts Mutual Life Insurance Company, founded in 1851, is an American mutual life insurance company serving five million clients. With headquarters in Springfield, Massachusetts, the company employs more than 7,000 in the United States, and a total of 10,614 internationally.