Head of Global Custody Operations

About the role

Location: Saint Paul, MN - US based candidates only, no visa sponsorship available. For our client, we are seeking a Head of Global Custody Operations to join the team of a leader in the Finance & Insurance space. This leader will shape the strategy and execution of a complex custody operations function supporting efficient, accurate securities processing across global markets. The role will drive modernization efforts that improve settlement performance, reduce manual work, and strengthen operational control. It will also partner closely with risk, compliance, and business stakeholders to ensure the function scales effectively in a highly regulated environment.

Responsibilities

• Develop and execute the operational strategy for custody operations aligned with business objectives
• Lead the transition from batch processing to real-time exception management
• Drive digital transformation initiatives to improve processing rates and reduce manual tasks
• Oversee global securities settlements, ensuring accuracy and timeliness across markets
• Identify and mitigate operational risks while ensuring compliance with regulations

Qualifications

• 15+ years in financial services, primarily in operations at an investment bank, asset manager, or custodian bank
• 10+ years in leadership roles with experience managing managers
• Expertise in securities processing, settlement, corporate actions, and custody functions
• Strong regulatory knowledge of OCC, DTC/DTCC, CSDR, and industry best practices
• Evidence of leading transformation and automation initiatives for process enhancement

Benefits

• Comprehensive healthcare coverage for employees and families, including medical, dental, and vision
• Short-term and long-term disability insurance for workplace and personal health support
• Generous parental leave policies and pregnancy-related disability support
• 401(k) retirement plan with employer contributions to enhance financial security
• Paid vacation with opportunities for sick leave accrual and up to 11 paid holidays

Pay

Compensation: $238,765 – $280,900 annually