Managing Director, Corporate Trust

Odyssey Transfer and Trust Company•Eagan, MN

1h•$120,000 - $150,000

About The Position

Odyssey Transfer and Trust Company is hiring a Managing Director in Corporate Trust focused on DTC operations. The role is part of a fast-paced, growing company and calls for a detail-oriented, highly organized leader who can work independently and collaboratively. The Managing Director leads the operations team and owns end-to-end DTC processing, operational controls, risk and compliance, and process improvement. The position also serves as the primary relationship contact with DTC and reports team KPIs monthly to the Director.

Requirements

Bachelor's degree in finance, accounting, business, or a related field, or equivalent experience.
At least 7 years in corporate trust, transfer agency, or securities operations, including at least 3 years processing directly with DTC.
At least 2 years leading or supervising an operations team.
Expert knowledge of DTC eligibility, FAST agent processes, DWAC/DRS, DTC payments, and corporate action processing.
Hands-on use of DTC systems, including Participant Portal/PBS, LENS, ATOP, and CA Web.
Track record of designing and running operational controls and managing audits or regulatory exams.
Sound judgment under same-day deadlines and ability to explain issues clearly to senior management, clients, and counsel.

Nice To Haves

Experience standing up or scaling a DTC or FAST agent function.
Exchange or tender agent experience on debt or equity reorganizations, including defaults and restructurings.
Exposure to MMI issuing and paying agent processing.
Experience with municipal, CLO, ABS, or private credit transactions.
CCTS (Certified Corporate Trust Specialist) or equivalent industry designation.
Experience leading automation or system implementation projects.

Responsibilities

Lead, coach, and develop Operations Specialists; set goals, conduct performance reviews, and contribute to hiring.
Plan daily workload and coverage to meet DTC deadlines, including peak payment and redemption dates.
Build cross-training so DTC processes are not dependent on a single person.
Oversee end-to-end DTC processing, including new issue eligibility, FAST agent balances, DWAC/DRS, payments, and mandatory and voluntary corporate actions.
Serve as final reviewer for complex or high-value events, including partial (lottery) redemptions, exchange and tender offers through ATOP, defaults, and restructurings.
Act as the primary relationship contact with DTC and escalation point for participants, issuers, underwriters, and counsel.
Approve onboarding of new DTC-eligible appointments and confirm operational readiness before closing.
Own the DTC control framework, including daily FAST-to-register reconciliation, payment controls, maker–checker controls, and exception sign-off.
Track and report breaks, aged items, errors, and missed deadlines; lead root-cause analysis and corrective action.
Lead audit, SOC 1, and regulatory exam responses for the DTC function.
Keep procedures current with DTC rule and service changes.
Identify and deliver automation for reconciliations, payment calculations, and DTC announcements.
Report team KPIs to the Director monthly, including volumes, timeliness, breaks, and error rates.
Represent DTC operations on new products, systems, and client onboarding projects.