Lead Derivatives Operations Analyst

Lead Derivatives Operations Analyst

The Role at a Glance

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.

What you'll be doing

• Owns end-to-end collateral and margin operations for assigned OTC derivative portfolios, including margin calls, eligibility, haircuts, substitutions, settlements, and dispute resolution.
• Administers complex credit support arrangements and independently evaluates collateral sufficiency, agreement requirements, operational risks, and exceptions.
• Leads initial margin forecasting and variation margin sensitivity analyses to anticipate collateral requirements, funding needs, and portfolio impacts.
• Manages funding and liquidity activities associated with hedging service arrangements, including draws, repayments, sufficiency monitoring, and interest accruals.
• Serves as the primary operational contact and escalation resource for structured reinsurance counterparties, resolving complex issues requiring judgment and cross-functional coordination.
• Oversees trade lifecycle activities, accounting inputs, reconciliations, and downstream reporting for assigned derivative and collateral activity under applicable GAAP and statutory requirements.
• Resolves complex or ambiguous operational, accounting, valuation, and reporting breaks through root-cause analysis and sustainable corrective action.
• Leads cross-functional projects and process improvements that strengthen controls, increase automation, reduce manual work, and improve scalability across derivatives operations.
• Designs, maintains, and enhances SOX controls, operating procedures, and governance practices while supporting audits and remediating identified control gaps.
• Provides technical guidance to colleagues and advises Trading, Treasury, Accounting, Reporting, Risk, Legal, and Technology partners on derivatives operations and collateral matters.

What we’re looking for

Must-Haves

• 5+ Years experience derivative accounting, finance, or other activities with specific responsibilities for this position.
• Bachelor's degree or equivalent work experience.
• Ability to be innovative and an aptitude to drive and accept change
• Effective verbal and written communication skills
• Analytical skills and close attention to detail is necessary
• Ability to adapt quickly in a changing work environment

Application Deadline

Applications for this position will be accepted through October, 31, 2026, subject to earlier closure due to applicant volume.

What’s it like to work here?

At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.

What’s in it for you:

• Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
• Leadership development and virtual training opportunities
• PTO/parental leave
• Competitive 401K and employee benefits
• Free financial counseling, health coaching and employee assistance program
• Tuition assistance program
• Work arrangements that work for you
• Effective productivity/technology tools and training

The pay range for this position is $106,875 - $171,000 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.

About The Company

Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.

With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.

Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.

Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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