Senior Consultant – Middle and Back Office Oversight – Investment Management

Deloitte•Jersey City, NJ

10d•$131,000 - $218,300•Hybrid

About The Position

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organization. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Requirements

Bachelor’s degree.
3+ years of experience in financial services or consulting with exposure to investment management operations, such as asset managers, wealth managers, hedge funds, private equity, fund administrators, custodians, prime brokers, or related service providers.
Demonstrated knowledge within asset management, wealth management, hedge funds, private equity, and/or operational risk and controls in investment management.
Understanding of investment management middle and back office functions such as trade operations, post-trade processing, investment accounting and fund accounting, performance and attribution inputs, reconciliations (cash/position/security), collateral management and margin, corporate actions, pricing/valuation support, and reporting.
Experience with investment management systems, technologies, and tools such as order management systems (OMS), execution management systems (EMS), portfolio management tools, portfolio/investment accounting platforms, reconciliation tools, collateral platforms, data warehouses, and performance reporting/attribution software.
Experience with oversight and control frameworks for middle/back office operations, including some of the following: Defining and monitoring SLAs/OLAs, KPIs/KRIs, and service reviews, Break management and root-cause analysis (e.g., cash/position/price breaks), Issue and incident management, including operational risk events and remediation tracking, Operational controls design/testing (e.g., reconciliations, approvals, maker-checker, access controls, end-user computing (EUC) risk), Third-party/vendor oversight, including due diligence support, ongoing monitoring, and controls assurance artifacts (e.g., SOC reports), Operational resiliency and business continuity considerations for critical processes.
Strong project/program management skills, including ability to independently manage multiple priorities and deadlines while maintaining quality and delivery discipline.
Strong oral and written communication skills, including ability to support or lead proposal development and sales presentations.
Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Ability to travel up to 75%, on average, based on the work you do and the clients and industries/sectors you serve.

Nice To Haves

Ability to work independently and collaborate as part of a team
Effective written and verbal communication skills
Meticulous attention to detail and quality of work product
Ability to build and sustain professional relationships
Ability to lead projects or workstreams
Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
Strong interpersonal skills and professional demeanor
Ability to meet deadlines
Ability to provide clear guidance to others

Responsibilities

Identify, evaluate, and prioritize business, operational, regulatory, and technology risks across the middle and back office, and support development of practical risk mitigation strategies.
Support oversight of key investment management operating functions, including trade lifecycle controls (pre-/post-trade), trade capture and enrichment, confirmations/affirmations, settlement, reconciliations, collateral and margin processes, corporate actions, pricing/valuation inputs, fee calculations, and exception management.
Assist clients in strengthening operational governance and oversight (e.g., service management routines, escalation paths, control ownership, issue management, and management reporting) across internal teams and third parties (custodians, fund administrators, prime brokers, pricing vendors).
Understand the impact of technology trends and workforce changes by supporting evaluations of automation and artificial intelligence/machine learning on operational controls, data quality, and process resilience in middle/back office functions.
Support the development of client deliverables and internal business needs, including operating model assessments, current/future-state process maps, control inventories, key risk indicators (KRIs), service-level agreements (SLAs) and operating-level agreements (OLAs), vendor oversight artifacts, and procedure documentation.
Engage with industry participants on operating model trends, outsourcing/insourcing considerations, vendor capabilities, and market practices impacting middle/back office operations.