Director-Futures, Clearing & Collateral-Derivative Operations

Athene • New York, NY

105d • $165,360 - $248,040

About The Position

The Derivative Operations team is responsible for managing the operational aspects of Athene's derivative investment and hedging strategy. The Director of Futures, Clearing & Collateral within Derivative Operations will lead Athene’s collateral management and ETD/OTC trade clearing functions by establishing and maintaining robust, efficient, and risk-aware processes that support the firm’s risk management objectives. This leader will oversee a team responsible for middle-office trade support and trade lifecycle management for cleared derivatives, as well as cleared derivative margining, bilateral collateral, portfolio reconciliation, and liquidity management. As the firm’s subject-matter expert in collateral management and clearing, the Director, Futures Clearing & Collateral - Derivative Operations will also drive strategic enhancements across infrastructure, processes, and governance while providing thought leadership on industry and regulatory developments. This position will report to the AVP of Derivative Operations.

Requirements

• 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.
• 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.
• Demonstrably strong strategic awareness and judgement, with experience in presenting evaluative analysis 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; advanced degree and/or professional designation (CFA, FRM) preferred.

Responsibilities

• Lead and develop a team of investment operations professionals responsible for the full scope of Athene’s clearing and collateral activities.
• 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.
• Oversee daily collateral management and counterparty credit risk controls, including monitoring exposure, limits, and regulatory compliance.
• Partner with Derivative Portfolio Management, Trading, Legal, Treasury, Investment Accounting, and IT to support seamless trade processing, collateralization, and data integrity.
• Provide leadership and serve as the key point of escalation for internal stakeholders, clearing brokers, custodians, and external vendors.
• Manage and analyze legal agreements (ISDAs, CSAs, MCAs, clearing documentation) and advise 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.
• Drive improvement and transformation in collateral management practices through automation, process standardization, and adoption of new technologies.
• Maintain strong awareness of industry best practices, emerging market structures, and evolving regulations.
• 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 and monitoring performance against SLAs.
• Foster a culture of prudent risk management, accountability, and continuous improvement across the team and broader organization.

Benefits

• $165,360.00 - $248,040.00 USD Annual Salary.
• Discretionary bonus plan or variable sales incentive may be included.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees