Vice President, Derivative Operations - Liberty Mutual Investments

Description

Come build on our integrated platform with industry‑leading talent, world‑class partners, and freedom to innovate.

Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual Group (Liberty). With deep expertise in fixed income, equity, and alternative strategies, LMI invests more than $100B of long‑term capital globally, and has a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY.

LMI has a clear purpose: drive economic growth, build enduring businesses side‑by‑side with our partners, and generate superior risk‑adjusted returns that secure Liberty’s promises.

LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long‑term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best.

Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technology—with the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive towards a better future.

#LMI

This is a newly created, high‑impact Vice President role supporting Liberty Mutual Investments’ multi‑year initiative to design and scale a best‑in‑class derivatives operating model. We are specifically seeking candidates with deep derivatives expertise from either a derivatives technology/vendor environment, or an asset management platform with a strong derivatives focus.

The role centers on the most complex areas of post‑trade derivatives operations — collateral management and derivative valuation — with accountability for strong controls, automation, and seamless integration with Sim Corp Dimension to support financial reporting, month‑end close, and audit requirements.

The Vice President will lead the design and governance of collateral management and valuation workflows, own key reconciliations and reporting, and act as a senior bridge across trading, risk, accounting, technology, custodians, clearinghouses, and external vendors. This role combines strategic ownership with hands‑on leadership in a growing derivatives environment.

• Serve as the subject matter lead for collateral management and derivative valuation across cleared and bilateral markets.
• Own VM/IM workflows, collateral optimization, margin dispute resolution, and valuation governance and reconciliations.
• Partner with trade capture and confirmation teams to support onboarding, exception management, and upstream data quality.
• Manage integration of derivatives operational data into both the investment and accounting books of record, ensuring accurate P&L and balance sheet reporting.
• Support month‑end close, hedge accounting assessment, and audit requests in partnership with Accounting and Finance.
• Support the onboarding of new derivative instruments and trading strategies, partnering with trading, risk, technology, and accounting to ensure products are operationally sound, properly valued, collateralized, and accurately reflected in downstream reporting and controls.
• Define and monitor SLAs, KPIs, and controls, drive automation and continuous improvement.
• Work with technology teams and external vendors on system integrations and platform enhancements.
• Maintain relationships with custodians, clearing houses, CCPs, and derivatives service providers.

• 8+ years of experience in derivatives operations, derivatives technology, or derivatives servicing within an asset manager, hedge fund, investment bank, or vendor.
• Deep expertise in collateral management and/or derivative valuation (VM/IM, CSA mechanics, pricing governance, reconciliations).
• Strong understanding of derivative accounting concepts and their impact on P&L…