Role Description
As the Lead Derivatives Operations Analyst, you will serve as a key subject matter expert supporting Lincoln's derivatives and structured reinsurance programs. In this role, you will lead complex collateral management, accounting, reporting, and trade lifecycle activities that enable the successful execution of the company's hedging and risk management strategies. You will partner across Trading, Treasury, Accounting, Risk, Legal, Technology, and external counterparties to resolve complex challenges, strengthen operational controls, and drive process improvements. This role offers the opportunity to influence strategic outcomes while helping shape the future scalability and effectiveness of Lincoln's derivatives operations framework.
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Owns end-to-end collateral and margin operations for assigned OTC derivative portfolios, including margin calls, eligibility, haircuts, substitutions, settlements, and dispute resolution.
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Administers complex credit support arrangements and independently evaluates collateral sufficiency, agreement requirements, operational risks, and exceptions.
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Leads initial margin forecasting and variation margin sensitivity analyses to anticipate collateral requirements, funding needs, and portfolio impacts.
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Manages funding and liquidity activities associated with hedging service arrangements, including draws, repayments, sufficiency monitoring, and interest accruals.
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Serves as the primary operational contact and escalation resource for structured reinsurance counterparties, resolving complex issues requiring judgment and cross-functional coordination.
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Oversees trade lifecycle activities, accounting inputs, reconciliations, and downstream reporting for assigned derivative and collateral activity under applicable GAAP and statutory requirements.
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Resolves complex or ambiguous operational, accounting, valuation, and reporting breaks through root-cause analysis and sustainable corrective action.
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Leads cross-functional projects and process improvements that strengthen controls, increase automation, reduce manual work, and improve scalability across derivatives operations.
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Designs, maintains, and enhances SOX controls, operating procedures, and governance practices while supporting audits and remediating identified control gaps.
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Provides technical guidance to colleagues and advises Trading, Treasury, Accounting, Reporting, Risk, Legal, and Technology partners on derivatives operations and collateral matters.
Qualifications
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5+ Years experience in derivative accounting, finance, or other activities with specific responsibilities for this position.
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Bachelor's degree or equivalent work experience.
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Ability to be innovative and an aptitude to drive and accept change.
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Effective verbal and written communication skills.
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Analytical skills and close attention to detail is necessary.
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Ability to adapt quickly in a changing work environment.
Requirements
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Applications for this position will be accepted through October 31, 2026, subject to earlier closure due to applicant volume.
Benefits
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Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes.
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Leadership development and virtual training opportunities.
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PTO/parental leave.
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Competitive 401K and employee benefits.
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Free financial counseling, health coaching, and employee assistance program.
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Tuition assistance program.
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Work arrangements that work for you.
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Effective productivity/technology tools and training.