Consultant - Middle and Back Office Oversight - Investment Management

Deloitte LLP
California
Consultant - Middle and Back Office Oversight - Investment Management - Enterprise Operations & Risk

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.

Work you'll do

As 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 Team

Our 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.

Qualifications

Required
  • 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:

The wage range for this role 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. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. 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 $88600 to $163100.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Posted 2026-04-09

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