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Job description
Company Description
L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet.
Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term.
We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change.
Job Description
The 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
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
Qualifications
Experience
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 Knowledge
Strong 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 Information
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.
EOE Statement
As an EOE employer, L&G Asset Management, America will extend equal opportunity to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, ancestry, national origin, age, disability, medical condition, genetic information, marital status, pregnancy, military status, and/or any other characteristic protected under applicable federal, state or local laws governing non-discrimination in employment. (2025)
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Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.