Vice President Fed and Tri-Party Settlements

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Hours:

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Pay Detail:

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 candidates 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 firms 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 firms 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

1015 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 highest point of team escalation for resolution and provides direction to resolve issues or escalate
• Involves daily contact with cross-functional teams across TDBG or external contacts and/or customers

Education & Experience:

• 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

Customer Accountabilities:

• Leads respective group within a business unit in delivering operational support to the assigned areas
• Identifies and responds to changes in the business environment and establish action plans to address client issues and priorities
• Acts as a key liaison at the department level to actively engage stakeholders within the Bank and broader industry developing and maintaining strong business partnerships clarifying client needs and delivering client-centered solutions that enhance the overall end-to-end experience
• Secondary escalation point for significant risks/exceptions
• Monitors service and control standards against overall business/department objectives
• Provides frontline feedback to client strategy and broader process improvement functions to identify client pain points and opportunities for improvement
• Negotiates and help to resolve complex and/or escalated issues
• Builds a client-centric collaborative and innovative culture

Shareholder Accountabilities:

• Proactively identifies key business opportunities research and recommend system enhancement/modifications develop strategies to achieve recommendations and work closely with system support to execute and implement system upgrades/enhancements
• Conducts root cause analysis evaluate options and provide recommendations; ensure appropriate reporting and escalation of issues occurs based on risk profile
• Contributes to the development of the business plan operationalize the plan and deliver on assigned service or functionality
• Protects the interests of the organization; identify and manage risks resolve escalated matters and refer complex and/or non-standard high-risk transactions/activities as needed
• Provides expertise and coordinate implementation and testing of new processes and systems and ensure these are well documented
• Applies knowledge of end-to-end processes and regulatory requirements to drive achievement of department standards for productivity and efficiency implement process improvement initiatives and execute on change supporting adherence tracking and realizing benefits
• Mitigates risk by coordinating activities with partners in Operations Technology Finance Risk Management etc.
• Follows and ensures employees are knowledgeable of and comply with Bank and industry codes of conduct
• Acts as a key contributor to strategic initiatives functional projects/programs and/or internal/external working groups and may sign off on projects of small scale and/or complexity
• Conceptualizes/defines change framework and contribute to strategy discussions; act as a key change agent for a defined area
• Adheres to enterprise frameworks and methodologies that relate to operations activities for own area (e.g. Anti-Money Laundering Business Continuity Management); ensure unit operates in compliance with applicable internal and external requirements
• Participates in and/or lead community initiatives and promote commitment to shared Enterprise values and commitments
• Assesses performance based on team and function analytics

Employee/Team Accountabilities:

• Provides both leadership and guidance in managing the overall team
• Coaches and trains to develop team capability and ensure requests and infrastructure issues are handled according to established service standards
• Leads the process of setting performance objectives for the team; track monitor and effectively address and/or reward performance in a timely manner
• Recruits for all hires to ensure a highly diverse qualified workforce to achieve business objectives
• Creates a dynamic work environment in line with TDs Employee Value Proposition; challenge the status quo
• Grows team expertise to align with business/enterprise demand and direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivered
• Leads a high performing team; provide on-going feedback and performance reviews coach and develop employees and ensure performance management activities are undertaken and completed for all employees
• Manages employees in compliance with all human resources policies procedures and guidelines of conduct
• Shares knowledge information skills and subject matter expertise among the team and ensure the timely communication of issues
• Encourages good working relationships with other functions and teams
• Promotes a fair and equitable environment that supports a diverse workforce and encourage the team to achieve common goals and objectives
• Facilitates change through positive reinforcement of milestones and successes as well as encouraging open discussion
• Operates with a One Team mindset
• Supports an environment where the team freely escalates performance and production challenges

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel Occasional
• International Travel Never
• Performing sedentary work Continuous
• Performing multiple tasks Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds Occasional
• Sitting Continuous
• Standing Occasional
• Walking Occasional
• Moving safely in confined spaces Occasional
• Lifting/Carrying (under 25 lbs.) Occasional
• Lifting/Carrying (over 25 lbs.) Never
• Squatting Occasional
• Bending Occasional
• Kneeling Never
• Crawling Never
• Climbing Never
• Reaching overhead Never
• Reaching forward Occasional
• Pushing Never
• Pulling Never
• Twisting Never
• Concentrating for long periods of time Continuous
• Applying common sense to deal with problems involving standardized situations Continuous
• Reading writing and comprehending instructions Continuous
• Adding subtracting multiplying and dividing Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate government and institutional clients who choose us for our innovation execution and experience. With more than 6500 professionals operating out of 40 cities across the globe we strive to make every interaction product and experience remarkably human and refreshingly simple. Our services include underwriting and distributing new issues providing trusted advice and industry-leading insight extending access to global markets and delivering integrated transaction banking 2023 we acquired Cowen Inc. offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise while growing our strong diversified investment bank.

Together we are reimagining what banking can be for our clients colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g. eligibility for cash and/or equity incentive awards generally through participation in an incentive plan) and several other key plans such as health and well-being benefits savings and retirement programs paid time off (including Vacation PTO Flex PTO and Holiday PTO) banking benefits and discounts career development and reward and recognition. Learn more

Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll have regular career development and performance conversations with your manager as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process
Well reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age disability status as a protected veteran or any other characteristic protected under applicable federal state or local law.

If you are an applicant with a disability and need accommodations to complete the application process please email TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.