Director, Operations & Settlement Management, Securities

The Director of Operations & Settlement Management is responsible for overseeing all operational, settlement, and post-trade activities associated with the firm's fixed income capital markets and private placement business. The role will lead the end-to-end settlement process for over 50 Rule 144A and Section 4(a)(2) bond offerings, coordinate with Aon Securities’ custodian, issuers, investors, legal counsel, trustees, paying agents, DTC and Euroclear, and ensure accurate execution of transactions through closing.

The chosen applicant will possess deep expertise in debt capital markets operations, primary market bond issuance, securities settlement, cash movement, and operational risk management. The individual will serve as the primary operational lead on transaction execution and investor settlement activities while maintaining robust controls, regulatory compliance, and operational efficiency.

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

• Lead operational execution for Rule 144A and Section 4(a)(2) debt fixed income offerings from mandate through closing.
• Work closely with Aon Treasury and Aon Securities Distribution colleagues and other internal team members, and coordinate all settlement activities including:
• Depository Trust Company (DTC), Euroclear, Paying Agents, Trustees, Legal Counsel, Issuers, and trade execution with the firm’s investors.
• Manage securities eligibility, CUSIP/ISIN setup, DTC activation, and Euroclear admission processes.
• Review and validate closing documentation, settlement instructions, funding flows, and allocation details.
• Oversee cash and securities settlement on closing dates.
• Resolve settlement exceptions and operational discrepancies.
• Monitor transaction timelines and ensure all critical achievements are reached prior to closing.

• Lead investor onboarding and settlement readiness processes.
• Ensure accurate recordkeeping of commitments, allocations, and settlement instructions.
• Serve as primary operational contact for institutional investors during transaction execution.

• Build and maintain robust operational controls surrounding transaction processing and settlement.
• Design procedures to mitigate settlement, funding, documentation, and counter party risks.
• Ensure segregation of duties and adherence to internal control standards.
• Identify improvements in execution and automation opportunities to improve scalability.
• Maintain operational incident management and resolution framework.

• Ensure operational compliance with applicable SEC, FINRA, MSRB, and broker-dealer requirements.
• Maintain accurate books and records relating to securities transactions and settlement activity.
• Partner with the firm’s Compliance and Legal teams on regulatory examinations and audits.
• Support annual operational and compliance reviews.

• Lead operational relationships with:
• DTC
• Euroclear
• Trustees
• Transfer Agents
• Investors
• Paying Agents
• Custodians
• Banking Partners
• Evaluate and implement technology solutions to improve transaction processing efficiency.
• Lead integration and enhancement of settlement and transaction management platforms.

• Build and lead a high-performing operations function.
• Mentor and develop operations personnel.
• Establish departmental KPIs and service standards.
• Champion a culture of accountability, control, and client service excellence.

• Min…