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 Own

• End-to-end oversight of fixed income settlement operations across DTCC (FICC/DTC) and Federal Reserve (Fedwire Securities) platforms
• Day-to-day management, development, and performance oversight of a team of 5–8 settlement specialists
• Fail management — proactive identification, escalation, and resolution of settlement breaks before they become regulatory or financial events
• Reconciliation of fixed income positions and cash across custodians, counterparties, and internal books
• Cross-functional partnership with Trading, Finance, Risk, and Compliance on operational issues and escalations
• Process improvement and controls buildout — you're not just running the function, you're making it better
• Regulatory and audit support — primary operational point of contact for exams and inquiries related to settlement

Required Background

• Deep hands-on knowledge of DTCC settlement — FICC GSD, MBSD, and DTC mechanics
• Strong working knowledge of Fedwire Securities for government bond settlement
• Prior team management experience — player-coach who develops people without micromanaging them
• Familiarity with fails reporting, buy-in procedures, and settlement penalty frameworks
• Strong reconciliation and break resolution skills across complex fixed income products
• Excellent communication across trading desks, counterparties, and senior management
• The Person
• Settlement operations is not glamorous — you know that and you're proud of running it well anyway
• Strong process orientation with the judgment to know when to escalate and when to solve it yourself
• Team leader who holds the bar high without burning people out
• Comfortable owning the function end-to-end in a demanding environment