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Liberty Mutual Investments · 1 week ago

Vice President, Derivative Operations - Liberty Mutual Investments

Boston, MA

Full-time

Onsite

Senior Level, Lead/Staff

$125K/yr - $221K/yr

8+ years exp

Liberty Mutual Investments is an investment firm that focuses on driving economic growth and generating superior risk-adjusted returns. The Vice President role will support the initiative to design and scale a best-in-class derivatives operating model, focusing on collateral management and derivative valuation.

Asset ManagementInsuranceWealth Management

Responsibilities

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

Qualification

Derivatives operationsCollateral managementDerivative valuationDerivatives technologyIntegration with accounting systemsEnd-to-end derivatives lifecycleAI literacyLeadershipCollaborationCommunication

Required

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 and balance sheet reporting

Experience integrating derivatives operations with accounting systems

Solid knowledge of the end-to-end derivatives post-trade lifecycle

Proven ability to scale controls, governance, and automation in complex environments

Demonstrates strong AI literacy and uses AI-enabled tools to enhance speed, accuracy, and insight generation while maintaining sound judgment and compliance with governance standards

Preferred

Hands-on experience with a Derivatives Technology Vendor (i.e. Nasdaq Calypso, Murex, Ion Markets), or similar platforms

Exposure to CCPs and bilateral margin regimes

Experience leading or supporting derivatives platform migrations, ensuring data integrity, operational readiness, and control stability during conversion