Massachusetts Mutual Life Insurance

Head of Commercial Mortgage - Alternative Investments

Massachusetts Mutual Life Insurance

Boston, MA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a seasoned finance professional with a passion for alternative investments? Do you have a strong background in commercial mortgage lending? If so, we have an exciting opportunity for you to join our team at Massachusetts Mutual Life Insurance as our Head of Commercial Mortgage - Alternative Investments.In this role, you will be responsible for leading our commercial mortgage division within our alternative investments department. You will oversee a team and be responsible for developing and executing strategic initiatives to drive growth and profitability. We are looking for a dynamic and driven individual to join our team and help us continue to be a leader in the financial services industry.To be successful in this role, you must have a minimum of 10 years of experience in commercial mortgage lending and a deep understanding of alternative investments. You should also have a strong track record of leadership and a proven ability to develop and maintain strong client relationships. If you are a results-oriented individual with a strong business acumen and a passion for alternative investments, we encourage you to apply for this exciting opportunity.

  1. Develop and execute strategic initiatives to drive growth and profitability within the commercial mortgage division of our alternative investments department.
  2. Lead and manage a team of professionals to achieve departmental goals and objectives.
  3. Monitor and analyze market trends and competitor activity to identify new business opportunities.
  4. Develop and maintain strong relationships with clients and partners in the commercial mortgage industry.
  5. Ensure compliance with all regulatory and legal requirements related to commercial mortgage lending.
  6. Oversee the underwriting process for commercial mortgage loans and make recommendations for loan approvals.
  7. Collaborate with other departments and teams to ensure effective communication and alignment of business strategies.
  8. Stay updated on industry developments and best practices in commercial mortgage lending and alternative investments.
  9. Develop and maintain strong relationships with internal stakeholders to ensure successful implementation of business strategies.
  10. Manage the budget and resources of the commercial mortgage division to ensure financial success.
  11. Identify and implement process improvements to streamline operations and increase efficiency.
  12. Provide leadership and mentorship to team members to foster a high-performing and collaborative culture.
  13. Represent the company at industry events and conferences to enhance brand awareness and attract potential clients.
  14. Provide regular reports and updates to senior management on the performance of the commercial mortgage division.
  15. Continuously evaluate and assess the risk of the commercial mortgage portfolio and implement risk management strategies as needed.
Where is this job?
This job is located at Boston, MA, USA
Job Qualifications
  • Extensive Experience In Commercial Mortgage - The Ideal Candidate For This Role Should Have A Proven Track Record Of Success In Commercial Mortgage Lending, Preferably With Experience In Alternative Investments. They Should Have A Deep Understanding Of The Industry, Including Underwriting, Risk Management, And Regulatory Compliance.

  • Strong Leadership Skills - As A Head Of Commercial Mortgage, This Individual Will Be Responsible For Leading And Managing A Team Of Professionals. They Should Possess Strong Leadership Skills, Including The Ability To Motivate And Inspire Others, Make Difficult Decisions, And Effectively Communicate With Stakeholders At All Levels.

  • Financial Acumen - This Role Requires A Deep Understanding Of Financial Analysis, Including The Ability To Evaluate Complex Financial Data And Make Sound Investment Decisions. The Ideal Candidate Should Have A Strong Background In Finance, Accounting, Or A Related Field, And Possess The Ability To Effectively Manage And Analyze Large Datasets.

  • Business Development Skills - In Addition To Managing The Commercial Mortgage Portfolio, The Head Of Commercial Mortgage Will Also Be Responsible For Identifying And Pursuing New Business Opportunities. They Should Have A Strong Network Of Industry Contacts And Possess Excellent Business Development Skills, Including The Ability To Build And Maintain Relationships With Clients And Partners.

  • Strategic Thinking And Decision-Making Abilities - As A Key Member Of The Organization's Leadership Team, The Head Of Commercial Mortgage Will Be Expected To Provide Strategic Insight And Make Critical Decisions That Align With The Company's Overall Goals And Objectives. The Ideal Candidate Should Possess Strong Analytical Skills, Strategic Thinking Abilities, And The Ability To Make Sound Decisions Under Pressure.

Required Skills
  • Risk Management

  • Financial Analysis

  • Market Research

  • Negotiation

  • Relationship Management

  • Investment Strategy

  • Portfolio Management

  • Asset management

  • Due Diligence

  • Commercial Mortgages

  • Alternative Investments

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • flexibility

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Head of Commercial Mortgage - Alternative Investments in Boston, MA, USA is between $200,000 and $300,000 per year. However, this can vary depending on factors such as the size and success of the company, the individual's experience and qualifications, and the current market conditions. Additionally, bonuses and other forms of compensation may also play a role in the overall salary package for this position.

Additional Information
Massachusetts Mutual Life Insurance is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedOctober 1st, 2024
Apply BeforeMay 22nd, 2025
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About Massachusetts Mutual Life Insurance

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.

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