Vice President -Fed and Tri-Party Settlements

Work Location :

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

130,000 - 160,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. 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. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

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.

Key Responsibilities

Leadership & Organizational Management

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.

End-to-End Fed & Tri-Party Settlement Ownership

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.

Risk, Control & Liquidity Management

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.

Stakeholder Engagement

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.

Strategic Initiatives & Market Evolution

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

Proven experience leading teams and/or managers in a high-volume, high-risk environment.

Technical & Industry Knowledge

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.

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.

The VP, TDS Operations leads a group of operational functions and activities via Team Leaders/Operations Officers/ Analysts/Specialists within a unit and provide guidance, leadership, coaching and development to ensure operational results and professional/personal development objectives are achieved for the overall group.

Depth & Scope:

• •Provides people management leadership by recruiting top talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• •Oversees a large team with functional diversity and complexity where activities involve multiple step transactions, multiple systems and jurisdictions, higher volumes and/or medium to high complexity
• •Expert knowledge of the business and operational functions supported
• •Leads teams with multiple points of internal and external contact including direct contact with Customers
• •Work focus time horizon is generally medium to long-term with moderate to high focus on strategic planning
• •Requires expert process management knowledge and the risk profile for team processes supported
• •Decision making authority and ambiguity and nature of issues managed are generally more complex, risk oriented, time sensitive and/or impacts a significant part of the organization
• •Acts as high