Director, Operations

Director, Operations & Settlement Management, Aon Securities

life insurance, vision insurance, paid time off, sick time, tuition assistance, 401(k)

The Director of Operations & Settlement Management is responsible for overseeing all operational, settlement, and post-trade activities associated with the firm's fixed income capital markets and private placement business. The role will lead the end-to-end settlement process for over 50 Rule 144A and Section 4(a)(2) bond offerings, coordinate with Aon Securities' custodian, issuers, investors, legal counsel, trustees, paying agents, DTC and Euroclear, and ensure accurate execution of transactions through closing.

The chosen applicant will possess deep expertise in debt capital markets operations, primary market bond issuance, securities settlement, cash movement, and operational risk management. The individual will serve as the primary operational lead on transaction execution and investor settlement activities while maintaining robust controls, regulatory compliance, and operational efficiency.

The Director of Operations & Settlement Management is responsible for overseeing all operational, settlement, and post-trade activities associated with the firm's fixed income capital markets and private placement business. The role will lead the end-to-end settlement process for over 50 Rule 144A and Section 4(a)(2) bond offerings, coordinate with Aon Securities' custodian, issuers, investors, legal counsel, trustees, paying agents, DTC and Euroclear, and ensure accurate execution of transactions through closing.

The chosen applicant will possess deep expertise in debt capital markets operations, primary market bond issuance, securities settlement, cash movement, and operational risk management. The individual will serve as the primary operational lead on transaction execution and investor settlement activities while maintaining robust controls, regulatory compliance, and operational efficiency.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

Transaction Execution & Settlement Management

• Lead operational execution for Rule 144A and Section 4(a)(2) debt fixed income offerings from mandate through closing.
• Work closely with Aon Treasury and Aon Securities Distribution colleagues and other internal team members, and coordinate all settlement activities including:
• Depository Trust Company (DTC), Euroclear, Paying Agents, Trustees, Legal Counsel, Issuers, and trade execution with the firm's investors.
• Manage securities eligibility, CUSIP/ISIN setup, DTC activation, and Euroclear admission processes.
• Review and validate closing documentation, settlement instructions, funding flows, and allocation details.
• Oversee cash and securities settlement on closing dates.
• Resolve settlement exceptions and operational discrepancies.
• Monitor transaction timelines and ensure all critical achievements are reached prior to closing.

Capital Raising & Investor Operations

• Lead investor onboarding and settlement readiness processes.
• Ensure accurate recordkeeping of commitments, allocations, and settlement instructions.
• Serve as primary operational contact for institutional investors during transaction execution.

Operational Risk & Controls

• Build and maintain robust operational controls surrounding transaction processing and settlement.
• Design procedures to mitigate settlement, funding, documentation, and counterparty risks.
• Ensure segregation of duties and adherence to internal control standards.
• Identify improvements in execution and automation opportunities to improve scalability.
• Maintain operational incident management and resolution framework.

Regulatory & Compliance Oversight

• Ensure operational compliance with applicable SEC, FINRA, MSRB, and broker-dealer requirements.
• Maintain accurate books and records relating to securities transactions and settlement activity.
• Partner with the firm's Compliance and Legal teams on regulatory examinations and audits.
• Support annual operational and compliance reviews.

Vendor & Infrastructure Management

• Lead operational relationships with:
• DTC
• Euroclear
• Trustees
• Transfer Agents
• Investors
• Paying Agents
• Custodians
• Banking Partners
• Evaluate and implement technology solutions to improve transaction processing efficiency.
• Lead integration and enhancement of s