Vice President -Fed and Tri-Party Settlements

About the role

The Vice President – Fed & Tri-Party Settlements is responsible for leading and overseeing the settlement of U.S. Treasury and secured financing transactions across Fedwire Securities, Fedwire Funds, and Tri-Party platforms.

Responsibilities

• Lead and manage multiple teams and/or team leads supporting Fed settlements and tri-party operations.
• Build and scale a high-performing organization aligned to business growth in U.S. Treasuries and secured financing markets.
• Drive performance management, talent development, and succession planning.
• Own the end-to-end settlement lifecycle across: Fedwire Securities (UST delivery / receipt), Fedwire Funds (cash movements), Tri-party repo platforms (BONY, JPM), Oversee U.S. Treasury settlements, Repo trade settlements and unwind/rewind cycles, Collateral allocation and substitutions, Intraday funding and liquidity coordination.
• Ensure timely and accurate settlement of high-value, time-sensitive transactions.
• Own the control framework for Fed and tri-party settlements, including intraday risk monitoring, fail management, and liquidity exposure.
• Partner with Treasury and Liquidity teams to manage intraday funding requirements and settlement flows.
• Ensure compliance with regulatory expectations (e.g., UST clearing requirements, TMPG guidance).
• Lead audit, regulatory reviews, and control remediation efforts.
• Act as a senior escalation point for trading desks (Rates, Repo, Sec Financing).
• Partner closely with: Treasury / Liquidity Management, Risk and Compliance, Technology and Infrastructure teams.
• Influence front-to-back process design and settlement optimization strategies.
• Support the firm’s readiness for U.S. Treasury clearing and central clearing mandates.
• Drive enhancements in tri-party collateral optimization, automation, and settlement efficiency.
• Lead initiatives aligned to repo market growth and balance sheet efficiency.
• Contribute to the development of a scalable operating model supporting increased volumes and regulatory complexity.

Qualifications

• Experience: 10–15+ years of experience in Capital Markets Operations, with deep expertise in: U.S. Treasury settlements, Repo / Secured Financing operations, Fedwire and/or Tri-Party platforms.
• Technical & Industry Knowledge: Strong expertise in: Fedwire Securities & Fedwire Funds, Tri-Party platforms, Repo lifecycle, collateral management, and funding flows.
• Experience: Proven experience leading teams and/or managers in a high-volume, high-risk environment.
• Leadership & Strategic Capabilities: Demonstrated ability to lead large teams and drive organizational performance. Strong stakeholder management skills with the ability to influence across senior levels. Ability to balance strategic initiatives with operational execution. Proven track record of driving process improvement and automation initiatives.
• Risk & Control Expertise: Strong understanding of operational risk, liquidity risk, and settlement risk frameworks. Experience managing intraday liquidity exposure and high-value settlement risk. Experience with audit, regulatory interaction, and control governance.
• Professional Attributes: Strong leadership presence and executive communication skills. High level of accountability and ownership. Ability to operate effectively in a time-critical, high-pressure environment. Strong decision-making and escalation judgment.