We are seeking an experienced Operations Manager to execute and oversee asset rebalancing settlements and collateral management while driving process optimization and technological innovation across our platforms.
Primary ResponsibilitiesOperational Oversight- Asset Transfer Management: Execute and oversee end-to-end asset transfer processes for both public and private assets, ensuring timeliness and accuracy
- Account Setup Administration: Manage account opening and setup processes, coordinating with internal stakeholders and external banking partners
- Derivatives Collateral Management: Direct derivatives collateral management operations, including overseeing collateral movements, managing dispute resolution and onboarding Counterparty relationships
- Third-Party Service Oversight: Monitor and manage relationships with outsourced service providers, ensuring SLA compliance and service quality standards
- Banking Relationships: Serve as a key point of contact for banking partners, managing day-to-day operational matters and escalations
- Collateral for Liquidity Management Programs: Oversee collateral programs supporting FHLB borrowing facilities and repo transactions, including eligibility monitoring and optimization
- Hands-On Leadership and Development: Lead and develop a Boston-based team and offshore resources while maintaining direct involvement in day-to-day operations, ensuring both strategic oversight and tactical execution during critical periods
Strategic Initiatives- Process Improvement: Identify and implement operational efficiencies, streamline workflows, and eliminate redundancies through partnerships with KKR Technology and external vendors
- Artificial Intelligence Expansion: Drive adoption of AI-powered solutions and automation tools to enhance operational effectiveness and scalability
Qualifications- Bachelor's degree in finance, Business, or related field
- 8+ years of experience in operations management within financial services; experience within the Insurance industry a plus
- Strong understanding of asset settlements, derivatives collateral management, and custody operations
- Strong knowledge of Excel, PowerPoint, Outlook and ChatGPT
- Proven track record managing third-party relationships and vendor oversight
- Experience with derivatives operations and margin requirements
- Knowledge of FHLB borrowing programs and repo market mechanics
Key Competencies- Operational excellence and attention to detail
- Strategic thinking with execution focus
- Change management and innovation mindset
- Cross-functional collaboration
- Risk management and controls orientation
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This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Base Salary Range
$150,000-$190,000 USD