Director of Investment Pricing Full-Time Boston, MA or Springfield, MA The Opportunity

Please ensure you read the below overview and requirements for this employment opportunity completely. We are seeking a highly motivated and experienced professional to lead and elevate the firm’s pricing and portfolio valuation function. This role is critical to ensuring timely, independent, and fair valuations of all invested assets—including public and private securities, derivatives, loans, commercial mortgages (CMLs), and real estate—within the firm’s Investment Data Ecosystem. The successful candidate will be responsible for determining and validating asset values and ensuring pricing data is accurate, complete, and seamlessly integrated into core financial reporting and investment analytics systems.

This position blends strategic leadership of a specialized pricing team with ownership of pricing policies and controls, as well as hands-on collaboration with investment teams, external service providers, and regulatory stakeholders. A key part of the role is fostering team development through coaching, feedback, and knowledge sharing to build expertise and promote cross-functional alignment. The ideal candidate will bring deep knowledge of complex asset classes, strong valuation expertise, and a proven ability to drive process improvements and technology integration within pricing and valuation frameworks.

The Team

The Pricing and Valuations team is part of the MassMutual Investment Operations group within the Investment Management division, reporting to the Head of the Positions and pricing Oversight Team. This team works closely with asset-class-specific investment teams and is aligned with the reconciliations team to ensure consistency with MassMutual’s operational processes. The Impact The Pricing & Valuations Director will have an impact in the following 4 areas: Strategy & Governance Define and continually enhance the Pricing & Valuations Policy in line with regulatory guidance and Mass Mutual’s policies Participate in the Valuations Committee; set agendas, prepare packs, document minutes and ensure timely escalation of material valuation matters Actively seek and propose enhancements to processes in Pricing and Valuations across technology, data, personnel, and operational practices. Operational Oversight Oversee daily and month-end price capture, tolerance checks, stale price monitoring and exception management across all asset classes (listed equity, fixed income, OTC/ETD derivatives, private assets, loans, real assets) Understand an opine on complex valuation models (DCF, comparable transactions, NAV waterfall, Black-Scholes, CVA/DVA, etc.) Approve valuations; partner with asset managers and third-party pricing vendors to resolve challenges Report into MM governance forums on pricing issues, processes and risks Control & Risk Management Own controls covering pricing source hierarchy, valuation adjustments (liquidity, credit, FX, bid-ask), and fair-value levelling Lead periodic independent price verification (IPV) and provide attestation to Audit & Risk Committees Coordinate external audit requests and manage regulator/board queries on valuation matters. People Leadership Lead and mentor a team of 4-5 pricing analysts/valuation specialists Drive talent development, succession planning and a culture of continuous improvement and constructive challenge The Minimum Qualifications Bachelor’s in Finance, Economics, Accounting or STEM 10+ years in asset management, hedge fund, custodian or Big 4 valuation advisory 3+ years in a leadership role The Ideal Qualifications CFA and/or CAIA preferred Deep knowledge of multi-asset valuation techniques, pricing vendor landscape and accounting/reporting standards Proven track record designing and operating control environments Advanced Excel/VBA; exposure to Python, SQL or Alteryx beneficial. Familiarity with order-management and accounting platforms (e.g., Aladdin, SimCorp, Geneva, Eagle). Strategic thinker with strong commercial acumen, influential communicator at C-suite/board level, calm under pressure, and able to balance independence with business partnership mentality What to Expect as Part of MassMutual and the Team Regular meetings with the Positions and Pricing Oversight team Focused one-on-one meetings with your manager Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, 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-MM MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

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