Director of Fed Settlements (Hybrid - Flexible Options)
Director of Fed Settlements (Hybrid - Flexible Options)
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Job Description
At Broadridge weve built a culture where the highest goal is to empower others to accomplish more. If youre passionate about developing your career while helping others along the way come join the Broadridge team.
We are hiring a Director of Fed Settlements!
This position reports into the Head of Settlements and you will be responsible for managing a portion of the Broadridge Business Process Outsourcing DTC Settlements team. You will be responsible for crafting influencing and designing strategies to support the growth of a strategically important business. Leading a global team of 10 to15 associates you will be responsible managing key client relationships and play an active role in expanding business in the settlements arena. Given the complexity of the role you will need to be a strong developer of people and an exceptional communicator. You will nurture talent encourage mobility and champion the growth of your people all while providing extraordinary client service and satisfaction during periods of rapid growth.
Responsibilities:
Provide outsourced operational/transactional business process support for clients ensuring quality service and operational performance within the parameters of both the client needs and contract
Lead and supervise Fedwire Security Settlement functions and related processes such as Triparty FICC/GSCC and TMPG for a U.S. team with responsibilities governing our global offshore resources.
Oversee direct managers/supervisors team leads and associates in the Fedwire Settlements area. Coach and mentor staff with responsibilities include providing constructive feedback conducting annual performance reviews managing salary and bonus budget for the group.
Facilitate development of Broadridges automation tools such as Robotic Process Automation (RPA) Broadridge Exception Event System (BEES) and identify other areas with automation potential.
Identify automation opportunities and make recommendations to implement technical solutions in an efficient manner.
Maintain support and debug software application solutions in production and create technical dashboards enabling performance monitoring.
Organize and track multiple automation opportunities across the department to ensure completion.
Document implemented solutions and develop reusable components scripts and framework for efficiency.
Drive financial growth and achieve team revenue targets. Meet prospective clients to add new business to Broadridge product suite such as Impact for Fixed Income trade settlement.
Accountable for daily operational functions. Address daily operational escalations from clients as a result of system or human error and resolve them in a timely manner. Also communicate the issue solution and plan of action for future avoidance in a timely manner to both the internal and external parties.
Mitigate Financial risk and market exposure for clients by proactively addressing unsettled trades with high Mark to Market (MTM) exposure and by monitoring ledgertobank reconciliation reports.
Participate in recruitment process by conducting technical interviews devise training plan for new associates supervise and track their progress via various metrics.
Conduct internal and external training programs on Broadridge products (such as Impact BEES and BPS) and operational processes (such as settlements Net Free Equity Daylight Overdraft etc
Implement and maintain quality controls by ensuring Written Supervisory Procedures (WSP) is adhered by the group.
Develop and maintain Standard Operating Procedures (SOP) for training purposes for reference during critical issues and for seamless operations.
Coordinate and communicate with support functions such as HR IT and Finance for system related project related and team related functions.
Qualifications:
7 years of experience with a bachelors degree/equivalent experience
Series 99 preferred
A selfstarter with keen attention to detail
Ability to work under tight deadlines and multitask
Quicklearner that can adapt to a growing business
Ability to maintain a positive relationships with clients and internal associates alike
Excellent verbal and written presentation skills
Proven knowledge of operations products and processes
Strong customer service orientation & strong prioritization and interpersonal skills
Impact/BONY BDC/FICC RTTM/BONY Accessedge experience a significant plus
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We are dedicated to fostering a collaborative engaging and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates do their best when they feel safe understood and valued and we work diligently and collaboratively to ensure Broadridge is a companyand ultimately a communitythat recognizes and celebrates everyones unique perspective.
US applicants: Clickhereto view the EEOC Know Your Rights poster.
Disability Assistance
We recognize that ensuring our longterm success means creating an environment where everyone is welcome where everyones strengths are valued and where everyone can perform at their best. Broadridge provides equal employment opportunities to all associates and applicants for employment without regard to race color religion sex (including sexual orientation gender identity or expression and pregnancy) marital status national origin ethnic origin age disability genetic information military or veteran status and other protected characteristics protected by applicable federal state or local laws.
If you need assistance or would like to request reasonable accommodations during the application and/or hiring process please contact us ator by sending an email to.
Required Experience:
Director
Employment Type
Full-Time
