Vice President -Fed and Tri-Party Settlements

TD•New York, NY

15d

About The Position

Vice President – Fed & Tri-Party Settlements Fixed Income Operations | Global Operations & Business Services Company Overview 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, New York, London, Singapore, and Tokyo. Department Overview 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 Fed & Tri-Party Settlements function supports critical settlement infrastructure for U.S. Treasuries, repo financing, and collateralized transactions. This function plays a central role in supporting secured funding markets, liquidity management, and the firm’s participation in U.S. Treasury and repo ecosystems. Role Overview 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 This role provides end-to-end ownership of high-value settlement activity, including U.S. Treasury delivery, tri-party collateral movements, repo lifecycle events, and intraday liquidity coordination. The VP will lead multiple teams and/or team leads responsible for daily execution, while ensuring a robust risk and control framework is maintained. The successful candidate will act as a senior operational partner to trading desks (Rates, Repo, Sec Financing), Treasury, and Liquidity Management, playing a key role in supporting balance sheet efficiency, funding optimization, and regulatory readiness. This role offers a unique opportunity to shape and scale a critical operational function aligned to U.S. Treasury clearing evolution, repo market growth, and increased regulatory focus on settlement infrastructure.

Requirements

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
Proven experience leading teams and/or managers in a high-volume, high-risk environment.
Strong expertise in:
Fedwire Securities & Fedwire Funds
Tri-Party platforms
Repo lifecycle, collateral management, and funding flows
Experience supporting high-volume capital markets trading environments.
Understanding of U.S. Treasury clearing developments and market structure evolution.
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.
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.
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.
Undergraduate degree/ college diploma preferred and/or 6+ years relevant experience and 4+ years of people management experience
Advanced knowledge of key functional areas including Capital Markets, Financing Operations, Payment and Correspondent Banking Services, Business Services, Change Delivery, and Regional Operations
Knowledge of capital markets products, which may include Foreign Exchange, Fixed Income, Equities and Derivatives.
Knowledge of current and emerging trends in the industry and market
Knowledge of risk management environment, standards and regulations
Strong knowledge of process management to drive efficiency
Ability to contribute to strategic direction of the function and provide advice to senior leadership
Skill in managing budgets and resource allocation
Advanced ability to lead, plan, implement and evaluate program/project activities to ensure completion of initiatives
Skill in talent development and performance management
Ability to make an impact, influence and achieve results with effective negotiation, problem-solving and communication skills
Skill in negotiation and partnership
Skill in using analytical software tools, data analysis methods and reporting techniques to assess risk and challenge the status quo
Skill in leadership, mentoring, coaching and performance management
Ability to exercise sound judgement in making decisions
Ability to communicate effectively in both oral and written form with partners at all levels including senior management
Ability to work collaboratively and build relationships across teams and functions
Skill in organization and time management
Ability to analyze, organize and prioritize work while meeting multiple deadlines
Ability to work successfully as a member of a team and independently
Ability to process and handle confidential information with discretion

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.