About this role
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:
The Head of US Middle Office Oversight is accountable for oversight of:
Trade Services
Trade lifecycle managementSettlementFunding and fail managementMarket claimsTrade control frameworkDerivatives & Collateral
OTC and ETD lifecycle eventsMargin and collateral managementUMR complianceOTC pricingClearing operations oversightReconciliations
Cash reconciliationsPosition reconciliationsTransaction reconciliationsDerivative reconciliationsCollateral reconciliationsException governance and resolutionAsset Servicing & Corporate Actions
Mandatory and voluntary eventsIncome processingElection managementComplex event oversightMarket deadline governanceVendor/Broker Oversight
State Street Alpha oversightBroker relationships and escalation handlingSLA/KPI managementService reviewsIssue escalationOperating model governanceRisk & Controls
Audit supportSOC1 oversightRegulatory preparednessOperational risk managementControl attestationsTransformation & Automation
Operational monitoringWorkflow automationDashboard MI developmentProcess optimizationData quality initiatives
Experience
12-15+ years of investment operations, middle office, or post-trade operational experienceDeep 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 operationsCash and position reconciliationsDerivative lifecycle managementCollateral and margin operationsFixed income, equities, ETFs, FX, and derivativesCorporate actions and asset servicingOperational risk and control frameworksCustody and fund operating modelsPost-trade data governance and exception management 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.
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)