Job DescriptionThe Head of US Middle Office Oversight is responsible for leading and governing critical post-trade operational functions supporting L&G Asset Management America's investment business. This role oversees Trade Services, Derivatives Operations, Collateral Management, Reconciliations, Corporate Actions, Asset Servicing, and third-party service provider performance across global markets and investment products.
The position serves as the senior operational leader responsible for ensuring a controlled, scalable, and resilient operating model supporting the full investment lifecycle. Responsibilities include oversight of trade processing, settlement, derivative lifecycle management, collateral administration, cash and position reconciliations, asset servicing activities, operational risk management, and outsourced service provider governance.
The role partners closely with Portfolio Management, Trading, Risk, Compliance, Fund Administration, Technology, Custody, Brokers and external service providers to deliver operational excellence, risk management while driving automation, control enhancement, and strategic transformation initiatives.
Responsibilities:The Head of US Middle Office Oversight is accountable for oversight of:
Trade Services- Trade lifecycle management
- Settlement
- Funding and fail management
- Market claims
- Trade control framework
Derivatives & Collateral- OTC and ETD lifecycle events
- Margin and collateral management
- UMR compliance
- OTC pricing
- Clearing operations oversight
Reconciliations- Cash reconciliations
- Position reconciliations
- Transaction reconciliations
- Derivative reconciliations
- Collateral reconciliations
- Exception governance and resolution
Asset Servicing & Corporate Actions- Mandatory and voluntary events
- Income processing
- Election management
- Complex event oversight
- Market deadline governance
Vendor/Broker Oversight- State Street Alpha oversight
- Broker relationships and escalation handling
- SLA/KPI management
- Service reviews
- Issue escalation
- Operating model governance
Risk & Controls- Audit support
- SOC1 oversight
- Regulatory preparedness
- Operational risk management
- Control attestations
Transformation & Automation- Operational monitoring
- Workflow automation
- Dashboard MI development
- Process optimization
- Data quality initiatives
QualificationsExperience- 12-15+ years of investment operations, middle office, or post-trade operational experience
- Deep expertise across trade services, settlements, derivatives, collateral management, reconciliations, corporate actions, and outsourced operating models.
- Demonstrated experience leading multiple operational disciplines through managers and senior team leads.
- Proven track record managing operational risk, controls, regulatory audits, and strategic transformation initiatives.
Technical KnowledgeStrong understanding of:
- Trade lifecycle and settlement operations
- Cash and position reconciliations
- Derivative lifecycle management
- Collateral and margin operations
- Fixed income, equities, ETFs, FX, and derivatives
- Corporate actions and asset servicing
- Operational risk and control frameworks
- Custody and fund operating models
- Post-trade data governance and exception management
Additional InformationThe starting salary offer will vary based on multiple factors, including but not limited to the applicant's education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company's annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance.
The starting salary offer will vary based on multiple factors, including but not limited to the applicant's education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company's annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance.
