Manager, Fed Securities Settlements - Global Wholesale Operations

Requisition : 275317

Salary Range: -

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

This operational leadership role is responsible for the end-to-end delivery of U.S. fixed-income securities settlement activities. The position supports the firm’s ability to operate at scale across global markets by aligning daily execution with regulatory expectations, the firm’s risk appetite, and evolving client and business needs. The manager partners closely with Operations, Risk, Finance, Treasury, Technology, and Front Office teams and is accountable for team leadership, issue escalation, operational performance, and maintaining a strong control environment.

• Provide oversight of daily U.S. FED securities settlement activities supporting domestic and international business lines.
• Ensure the accurate and timely settlement of complex securities products.
• Maintain accountability for the full settlement lifecycle, including:
  • Trade settlement and affirmation
  • Segregation and regulatory custody requirements
  • Cash wire processing and liquidity movements
  • Daily funding, cash management, and position reconciliation
  • Fail monitoring, escalation, and remediation
  • Management of coupon and margin payments and TMPG-related receivables and payables
  • Trade repricing and associated cash movements
  • Management information and operational reporting

• Serve as a key operational contact for supported businesses, including Collateral Management and Funding, Group Treasury, Prime Services, Global Equity Derivatives, and Emerging Markets and Debt Capital Markets.
• Partner with Front Office, Finance, Treasury, Technology, and Risk teams to support new product launches, client onboarding, market expansions, and operating model changes.
• Ensure operational readiness for new business initiatives, including scalability, control readiness, and regulatory alignment before launch.
• Work with upstream and downstream stakeholders to improve trade quality, settlement outcomes, and funding efficiency.

• Manage daily operational risk and control activities for the settlement function, ensuring compliance with internal policies, regulatory requirements, and the firm’s risk appetite.
• Support internal and external audits, regulatory examinations, and control reviews through evidence gathering, issue tracking, remediation, and sustainable control enhancements.
• Ensure adherence to obligations under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and Guidelines for Business Conduct.
• Drive continuous improvement in controls, reconciliations, exception management, and issue escalation to reduce settlement risk and operational losses.

• Supervise, coach, and motivate settlement operations team members, fostering a culture of accountability, inclusion, collaboration, and continuous improvement.
• Set clear expectations aligned to business strategy, operational excellence, and risk discipline.
• Support people-management responsibilities, including performance feedback, resource planning, development conversations, and employee engagement activities.
• Identify individual and team development needs, providing coaching and guidance to build technical depth, operational judgment, and leadership capability.
• Address…