Director - Fixed Income Operations

Job Description

We are working with an established financial services firm seeking an experienced Head of Fixed Income Operations to lead a team supporting a broad fixed income trading platform.

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This individual will oversee day-to-day operational coverage across multiple fixed income products while partnering closely with trading, technology, compliance and other internal teams. The role combines people leadership with hands-on operational oversight and will have significant responsibility for controls, process improvement, vendor management and the continued development of the function.

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Responsibilities:

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• Lead and develop a team responsible for fixed income trade support and post-trade operations.
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• Oversee daily processing and lifecycle management across corporate bonds, U.S. Treasuries, repo and related fixed income products.
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• Partner closely with trading and other front-office teams to resolve operational issues and improve workflows.
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• Manage escalations involving trade breaks, failed settlements, allocations and other post-trade exceptions.
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• Oversee settlement, clearing and securities financing processes.
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• Support fixed income prime brokerage and customer clearing activity.
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• Maintain appropriate operational controls across the function and identify opportunities to improve efficiency and automation.
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• Manage relationships with third-party technology and operational service providers.
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• Support the implementation of new products, workflows, systems and business initiatives.
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• Ensure operational processes remain aligned with applicable regulatory and internal control requirements.
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• Develop procedures, controls and reporting to support a scalable and well-controlled operating environment.
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• Serve as a senior point of contact for fixed income operational matters across the organization.
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Qualifications:

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• 10+ years of financial services experience with a strong background in Fixed Income Operations.
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• Previous experience managing and developing an operations team.
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• Strong knowledge of the trade lifecycle for corporate bonds and U.S. Treasuries.
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• Experience supporting repo, securities financing and/or fixed income prime brokerage is highly desirable.
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• Strong understanding of clearing, settlements, trade breaks, fails and post-trade controls.
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• Familiarity with DTCC/FICC, Fedwire and institutional settlement processes.
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• Experience working with fixed income trading and operations platforms; exposure to systems such as Broadridge, Pershing, Bloomberg or comparable platforms is preferred.
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• Understanding of regulatory trade reporting and broker-dealer operational requirements.
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• FINRA Series 99 preferred or willingness to obtain as required.
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• Demonstrated ability to improve processes, strengthen controls and work effectively across Front Office, Operations, Technology and Compliance.
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• Strong leadership, communication and problem-solving skills.
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