Sr Dir, Investment Operations & Data - HYBRID (Carmel, IN)

40|86 Advisors; Carmel (IN); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) company match

Disability Insurance

Paid time off

Corporate holidays

Parental leave

Life Insurance

Bonus program

Job summary

CNO Financial Group, including its 40|86 Advisors division, is seeking a Sr. Director, Investment Operations and Data in Carmel, IN. The role leads end-to-end investment operations, governs data, and ensures accurate, timely processing with strong regulatory controls.

Responsibilities include overseeing trade lifecycles, data validation, and system integration across CAMRA, AIM, and related platforms. A strategic leader with deep securities ops expertise is required.

Qualifications

• Bachelor’s degree or equivalent experience.
• Minimum 12 years related experience.
• Securities operations across bonds and asset classes.

Responsibilities

• Oversee full trade lifecycle from capture to settlement across platforms.
• Monitor data feeds and manage discrepancies for accurate processing.
• Lead end-to-end investment lifecycle strategy and scalability.
• Own data validation and regulatory alignment.
• Ensure data integrity, governance, and system reliability.
• Maintain SOX compliance with audit readiness.

Skills

Securities ops

Trade lifecycle

Data governance

SOX/compliance

Education

Bachelor’s Degree in Business/Finance

Tools

Bloomberg/WSO/AIM

SS&C CAMRA

Precision LM

FundHub

G Treasury

Job description

CNO Financial Group, Inc. (NYSE: CNO) is a leading insurance and financial services company focused on securing the future of middle‑income America. Through brands such as Bankers Life, Colonial Penn, and Washington National, CNO delivers life and health insurance, annuities, financial services, and workforce benefits to more than 3.3 million policyholders, supported by $38.3 billion in total assets.

With a strong financial foundation, national presence, and a culture rooted in integrity, excellence, and people‑first values, CNO offers meaningful opportunities for professional growth and impact across its U.S. locations, including its headquarters in Carmel, Indiana.

This position is not eligible for visa sponsorship.

CNO Financial Group’s 40|86 Advisors is hiring a Sr. Director, Investment Operations and Data who is responsible for leading, governing, and continuously improving the firm’s end-to-end investment operating model across public and private asset classes. This role owns both the strategic direction and day-to-day execution of investment operations, ensuring that all portfolio activity is processed accurately, timely, and with fully supportable data and documentation. This role is accountable for trade processing, data governance, third-party manager integration, mortgage servicing, and operational control frameworks, ensuring that all activities meet internal performance standards, accounting requirements, and regulatory obligations.

Core responsibilities and deliverables:

• Oversee the full trade lifecycle (capture through settlement and reconciliation) across AIM, CAMRA and WSO and related platforms.
• Monitor data feeds, resolve breaks, and manage discrepancies to ensure accurate processing.
• Provide end-to-end strategic leadership across the investment lifecycle, ensuring scalability for growth and new strategies.
• Own data validation frameworks to ensure accuracy, completeness, and regulatory alignment.
• Identify, elevate, and resolve data gaps while maintaining audit and accounting compliance.
• Oversee core investment systems (CAMRA, AIM, Precision LM, FundHub and WSO) and ensure seamless integration.
• Maintain data integrity, governance standards, and system reliability.
• Oversee transaction processing, funding authorizations, and control compliance across custodians and platforms.
• Oversee collateral management and asset transfers to ensure accuracy and timeliness.
• Provide necessary investment documentation to assist CNO Accounting in obtaining NAIC ratings to ensure regulatory compliance
• Own the control framework, documentation, and audit readiness, ensuring full SOX compliance with no material weaknesses.
• Lead cross-functional issue resolution and drive continuous process improvement initiatives.

What you need (Minimum requirements):

• Bachelor’s Degree in Business, Finance, or related field, or equivalent experience.
• Minimum of 12 years related experience.
• Securities operations expertise across all bonds and asset classes.
• Ability to work in a fast-paced environment and drive results.

What will set you apart (Preferred experience):

• Strong collaborator; strategic leadership and strong development mindset.
• Data governance and risk management background.
• Exposure to trade lifecycle and settlement.
• Deep securities operations expertise across bonds, structured products, CRE/CTL, RMBS, equity, and derivatives; trade lifecycle and settlement; SSAP 26R/PBBD; SOX controls
• Strong systems skills (Bloomberg/WSO/AIM, SS&C CAMRA, Precision LM, FundHub, G Treasury, Northern Trust).

CNO Financial Group offers the following benefits for this position, subject to applicable eligibility requirements:

• Medical, Dental, and Vision insurance
• Performance-based bonus or sales incentive
• 401(k) retirement plan with company match
• Short-term & long-term disability insurance
• Paid time off and 10 corporate holidays
• Paid parental leave
• Company-paid life insurance

This role is affiliated to the Carmel, IN corporate office, and candidates for this role need to reside within a 60-mile radius of that corporate office and will be required to come into that office. You may be asked to travel to other corporate offices periodically. Please be aware that work cannot be performed from outside of the United States.

The stated pay range is based on a national-average location. Actual salary is determined by factors including relevant work experience, skills and location. This position is also eligible for CNO’s performance-based annual bonus program.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.