Team Lead – Fixed Income Settlements

TD Bank•New York, NY

5d•$110,000 - $130,000

About The Position

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients globally. The firm operates across major financial centers including Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore, and Tokyo. Global Operations and Business Services provides the critical infrastructure supporting TD Securities’ trading, investment, and corporate banking activities. The organization partners closely with front office, risk, and technology teams to ensure efficient execution across the trade lifecycle while maintaining a strong operational risk and control environment. The Fixed Income Operations team supports settlement processing, risk mitigation, and operational control functions across a broad range of fixed income products. The team plays a key role in supporting the growth of the capital markets business by delivering operational excellence and ensuring accurate and timely trade settlement. The Manager – Fixed Income Settlements is responsible for leading a team supporting the settlement of fixed income securities across multiple products and legal entities. This role provides leadership and oversight of daily settlement operations while ensuring a strong risk and control framework is maintained. The successful candidate will lead and manage a team of 5–10 settlement professionals, providing oversight of daily operational workflows, risk management, and operational performance. This individual will partner closely with front office trading desks, technology teams, and other operational groups to ensure operational efficiency, strong client service, and effective exception management across the trade lifecycle. This role provides an opportunity to influence operational strategy supporting a large and growing Fixed Income franchise. The successful candidate will play a key role in strengthening front-to-back operational alignment, enhancing settlement efficiency, and ensuring a strong risk and control framework across the trade lifecycle.

Requirements

7–10 years of experience in Capital Markets Operations, preferably within Fixed Income Settlements.
Demonstrated people leadership or team supervisory experience.
Strong understanding of the fixed income trade lifecycle and settlement processes.
Experience with Impact/Broadridge settlement platform.
Strong proficiency in Microsoft Excel, including pivots and data analysis tools.
Strong leadership and people management skills.
Excellent analytical and problem-solving abilities.
Ability to operate effectively in a fast-paced, deadline-driven environment.
Strong communication and stakeholder management skills.
Ability to manage multiple priorities and competing deadlines.
Strong risk and control mindset, with focus on operational integrity and process discipline.
Strong escalation awareness and judgment.
Front-to-back ownership mentality across the trade lifecycle.
High level of accountability and integrity.
Collaborative approach with the ability to influence across teams.

Nice To Haves

Exposure to Broadridge, BONY and RTTM systems preferred.
Experience supporting high-volume capital markets trading environments.
Exposure to process improvement initiatives, automation, or operational transformation projects.
Familiarity with regulatory and operational control frameworks within financial services.

Responsibilities

Lead, coach, and develop a team of settlement professionals responsible for fixed income settlement processing.
Provide day-to-day leadership and operational oversight to ensure workflows are completed accurately and within established service levels.
Manage team performance, including goal setting, feedback, and professional development.
Foster a culture of accountability, collaboration, and continuous improvement.
Oversee daily settlement activity across multiple fixed income products, including FED settlement processing.
Ensure accurate processing from trade date through settlement, including trade matching, exception management, fail resolution, and buy-in management.
Monitor operational metrics and service levels to ensure timely and accurate processing.
Escalate and resolve operational issues that may impact settlement activity or client service.
Own the end-to-end settlement control environment, including oversight of trade lifecycle risks, exception management, and operational governance.
Ensure adherence to internal risk management policies, regulatory requirements, and operational control frameworks.
Identify operational risks and implement appropriate mitigation strategies.
Support internal audit reviews, regulatory inquiries, and compliance initiatives.
Act as a key operational partner to front office trading desks, technology teams, and internal stakeholders.
Build strong relationships across Global Operations teams including reference data, onboarding, payments, and change delivery groups.
Provide operational insights and guidance to support business initiatives and operational improvements.
Identify opportunities to improve operational efficiency, scalability, and automation within settlement processes.
Support system enhancements, new product initiatives, and operational transformation efforts.
Partner closely with trading desks, risk, and technology teams to support platform growth and operational scalability.

Benefits

Growth opportunities and skill development are defining features of the colleague experience at TD.
Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role.
Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals.
Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume