Athene · 3 days ago
Director-Futures, Clearing & Collateral-Derivative Operations
New York, NY
Full-time
Onsite
Mid, Senior Level
$165K/yr - $248K/yr
7+ years expAthene is a company dedicated to providing innovative financial solutions and creating an inclusive work environment. The Director of Futures, Clearing & Collateral within Derivative Operations will lead the collateral management and trade clearing functions, overseeing a team responsible for middle-office trade support and lifecycle management for derivatives. This role involves driving strategic enhancements, ensuring risk management objectives are met, and fostering strong relationships with internal and external stakeholders.
FinanceFinancial ServicesInsuranceRetirement
Responsibilities
Lead and develop a team of investment operations professionals responsible for the full scope of Athene’s clearing and collateral activities, including but not limited to trade submissions to clearinghouses, initial and variation margin reconciliation and settlement, dispute resolution, portfolio reconciliation, collateral liquidity optimization, and account/portfolio onboarding
Maintain responsibility for the integrity of process, strategy, and outcomes for your team and function. Own the end-to-end collateral management framework; ensuring the necessary people, processes, tools, and controls are in place to effectively mitigate risk, safeguard assets, and meet operational objectives. Maintain responsibility for the integrity of process, strategy, and outcomes for your team and function
Oversee daily collateral management and counterparty credit risk controls, including monitoring exposure, limits, and regulatory compliance, while escalating and acting to resolve issues in coordination with Operations, Risk, Treasury, and Trading leadership
Partner with Derivative Portfolio Management, Trading, Legal, Treasury, Investment Accounting, and IT to support seamless trade processing, collateralization, and data integrity across diverse derivative products and counterparties
Provide leadership and serve as the key point of escalation for internal stakeholders, clearing brokers, custodians, and external vendors to resolve complex issues and ensure Athene’s business objectives are met
Manage and analyze legal agreements (ISDAs, CSAs, MCAs, clearing documentation), understanding variations across counterparties and legal entities, and advising on operational and strategic implications
Prepare and deliver executive-ready communications, including risk assessments, margin and collateral usage analysis, liquidity forecasts, and business cases for new initiatives in order to influence and inform decision-making at the highest levels of the organization
Drive improvement and transformation in collateral management practices through automation, process standardization, and adoption of new technologies, working closely with product managers, business analysts, and IT teams
Maintain strong awareness of industry best practices, emerging market structures, and evolving regulations (CFTC/NFA requirements, CCP rulebooks, as well as LSOC and Uncleared Margin Rules), translating external developments into practical business strategies for both compliance and process enhancement
Establish governance practices, metrics, and reporting to ensure transparency, control, and continuous improvement in clearing and collateral management
Support strong vendor and counterparty relationships, negotiating favorable terms, monitoring performance against SLAs, and ensuring service providers deliver value and operational resilience
Foster a culture of prudent risk management, accountability, and continuous improvement across the team and broader organization
Qualification
Required
7+ years of progressive experience in collateral management, derivatives operations, middle-office, or related financial services functions
4+ years of leadership experience, with a proven ability to build, mentor, and inspire high-performing teams
Deep knowledge of derivatives products (OTC and ETD), fixed income products, and common hedging strategies using derivatives. Strong familiarity of the post-trade lifecycle
Prior experience with investment, accounting, middleware, execution and/or collateral management platforms (i.e., PFI/PAM, Clearwater, BlackRock Aladdin, Calypso/Adenza, Fusion/Sophis, FIS Apex, CloudMargin, triResolve, Acadia, MarkitWire, ICELink, Bloomberg SEF)
Strong understanding of counterparty risk, collateral optimization, and the regulatory frameworks governing derivatives and margining
Exceptional communication and negotiation skills, with the ability to establish compelling narratives across internal and external stakeholders, including senior leadership, vendors, and regulators
Demonstrably strong strategic awareness and judgement, with experience in presenting evaluative analysis, defining business requirements, writing business cases, and overseeing business-led technology or process transformation projects
Highly detail-oriented, organized, and able to manage multiple priorities in a dynamic, fast-paced environment
Advanced knowledge of Excel required. Familiarity with SQL, Python, R, and/or VBA is a plus
Bachelor's degree required
Preferred
Advanced degree and/or professional designation (CFA, FRM) preferred
Benefits
Discretionary bonus plan
Variable sales incentive
Company
Athene
Athene Holding is a life insurance company that provides retirement savings products for individuals and institutions.
1001-5000 employees
H1B Sponsorship
Athene has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (17)
2024 (28)
2023 (24)
2022 (22)
2021 (22)
2020 (14)
Funding
Current Stage
Public CompanyTotal Funding
$4.43B2025-06-24Post Ipo Debt· $600M
2025-05-14Post Ipo Debt· $1B
2024-10-07Post Ipo Debt· $600M
Leadership Team
Martin P. Klein
Executive VP & CFO
Mike Downing
Executive Vice President, Chief Operating Officer, Athene Holding Ltd.
Recent News
The Motley Fool
2025-11-07
Apollo Global Management, Inc.
2025-11-04
Company data provided by crunchbase