Position SummaryEnterprise Operations & Risk - Middle and Back Office Oversight - Investment Management ConsultantOur 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.
Work you'll doAs a Consultant, you will have opportunities to:
- Learn how to 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.
The successful candidate would possess these skills
• 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
The TeamOur Enterprise Operations & Risk offering enables clients to achieve profitable growth and competitive advantage by optimizing "heart of the business" operations. We leverage deep domain expertise to extend enterprise resilience, agility and remediation. Our professionals address client needs which span the organization and impact strategy, operations, performance and reputation.
QualificationsRequired
- Bachelor's degree.
- 2+ 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.
- Limited immigration sponsorship may be available.
- Ability to travel up to 75%, on average, based on the work you do and the clients and industries/sectors you serve
Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
For individuals assigned and/or hired to work in Boston, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to Boston and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $86700 to $170900.
Deloitte is committed to providing reasonable accommodations for people with disabilities. If you require a reasonable accommodation to participate in the recruiting process, please direct your inquiries to the Global Call Center (GCC) at USTalentCICInbox@deloitte.com.
Recruiting tipsFrom developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.
Our people and cultureOur inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ways of thinking, ideas, and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.
Our purposeDeloitte's purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities. Learn more.
Professional developmentFrom entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
As used in this posting, "Deloitte" means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
Requisition code: 373868
Job ID 373868
