Vice President Fixed Income Operations
One of the most financially stable institutional capital markets platforms in North America — backed by a parent bank with a balance sheet and credit rating that most peers can only aspire to. This firm operates across investment banking, fixed income, equities, and commodities with a footprint spanning North America, Europe, and the Asia-Pacific. What makes it particularly interesting right now: the U.S. capital markets buildout is deliberate and ongoing, meaning you're joining a platform that's actively expanding rather than managing decline. Institutional credibility, real resources, and genuine momentum — a combination that's rarer than it sounds.What You'll OwnEnd-to-end oversight of fixed income settlement operations across DTCC (FICC/DTC) and Federal Reserve (Fedwire Securities) platformsDay-to-day management, development, and performance oversight of a team of 5–8 settlement specialistsFail management — proactive identification, escalation, and resolution of settlement breaks before they become regulatory or financial eventsReconciliation of fixed income positions and cash across custodians, counterparties, and internal booksCross-functional partnership with Trading, Finance, Risk, and Compliance on operational issues and escalationsProcess improvement and controls buildout — you're not just running the function, you're making it betterRegulatory and audit support — primary operational point of contact for exams and inquiries related to settlementRequired BackgroundDeep hands-on knowledge of DTCC settlement — FICC GSD, MBSD, and DTC mechanicsStrong working knowledge of Fedwire Securities for government bond settlementPrior team management experience — player-coach who develops people without micromanaging themFamiliarity with fails reporting, buy-in procedures, and settlement penalty frameworksStrong reconciliation and break resolution skills across complex fixed income productsExcellent communication across trading desks, counterparties, and senior managementThe PersonSettlement operations is not glamorous — you know that and you're proud of running it well anywayStrong process orientation with the judgment to know when to escalate and when to solve it yourselfTeam leader who holds the bar high without burning people outComfortable owning the function end-to-end in a demanding environment