Vice President – Fed & Tri-Party Settlements
- New York, NY, United States
$130,000 to $175,000 USD / year
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Job details
- Pay
- $130,000 to $175,000 USD / year
- Experience
- 10-15+ years of Capital Markets Operations experience
- Posting language
- English
- Posted
Original job description
Required Skills & Experience
- 10-15+ years of Capital Markets Operations experience
- Direct people management experience required (not just team lead, mentorship, or project leadership experience). Must have managed employees with formal supervisory responsibility
- Deep expertise in U.S. Treasury settlements, Fedwire Securities, Fedwire Funds, Repo/Secured Financing Operations, and Tri-Party settlements.
- Strong hands-on understanding of the end-to-end settlement lifecycle, including settlement exceptions, fails management, collateral movements, funding flows, and liquidity management.
- Experience with BNY Mellon and J.P. Morgan Tri-Party platforms.
- Strong knowledge of U.S. Treasury clearing, settlement infrastructure, and market structure.
- Proven people management experience leading teams of 6+ professionals in a high-volume operational environment.
- Experience serving as a senior escalation point to Front Office trading desks and business leaders.
- Strong understanding of settlement risk, liquidity risk, operational risk, and control frameworks.
- Experience with audits, regulatory reviews, governance, and controls.
- Strong communication, leadership, stakeholder management, and decision-making skills.
- Must be comfortable working in a demanding, fast-paced environment with early market hours.
Nice to Have Skills & Experience
- Undergraduate degree/college diploma
- Experience driving process improvement and automation initiatives.
- Experience working directly with Rates, Repo, and Securities Financing trading desks.
- Experience partnering with Treasury/Liquidity Management, Risk, Compliance, Technology, and Infrastructure.
- Knowledge of UST clearing requirements and TMPG guidance.
Experience with tri-party collateral optimization, settlement efficiency, balance-sheet efficiency, and regulatory readiness.
Job Description
Lead the end-to-end Fed and Tri-Party Settlements function, overseeing U.S. Treasury, repo, and secured financing settlement activity across Fedwire Securities, Fedwire Funds, and Tri-Party platforms. Manage a team of 6-8 operations professionals while serving as the primary escalation point for Front Office trading desks and senior stakeholders. Oversee repo unwind/rewind activity, collateral allocations and substitutions, funding flows, liquidity coordination, settlement exceptions, and high-value transactions to ensure timely and accurate settlement. Monitor operational, settlement, and liquidity risks while maintaining a strong control environment. Partner closely with Treasury, Risk, Compliance, Technology, and Infrastructure teams to improve front-to-back processes, support regulatory and audit initiatives, and enhance operational efficiency. Play a key role in readiness for evolving U.S. Treasury clearing requirements while helping build a scalable operating model capable of supporting future business growth.
More about this job
Skills
- Team leadership
- Leadership
- Securities
- Liquidity management
- Communication skills
- Stakeholder management
- Decision making
- Process improvement
- Regulatory compliance
- Manage a team