Director Of Fed Settlements (Fintech)

TL;DR

Director of Fed Settlements (Fintech): Managing the BPO Fed Settlements teams and driving operational strategy for a strategically important business unit with an accent on Fedwire security settlements, triparty processes, and automation initiatives. Focus on leading a global team of 25 associates, mitigating financial risk, and ensuring high-quality client service during periods of rapid growth.

Location: Must be based in or able to commute to Newark, NJ (Hybrid)

Salary: $165,000–$175,000

Company

hirify.global is a global fintech leader providing technology-driven solutions for financial services firms.

What you will do

• Lead and supervise Fedwire Security Settlement functions, including Triparty, FICC/GSCC, and TMPG processes.
• Oversee a global team of 25 associates, providing mentorship, performance management, and career development.
• Drive automation efforts by implementing RPA and internal tools like BEES to improve operational efficiency.
• Mitigate financial risk and market exposure by monitoring unsettled trades and ledger-to-bank reconciliations.
• Manage client relationships, address operational escalations, and ensure adherence to contract parameters.
• Coordinate with HR, IT, and Finance to support system projects and team-related functions.

Requirements

• 7+ years of relevant experience with a bachelor's degree or equivalent.
• Proven knowledge of operations products and processes in the settlements arena.
• Strong leadership skills with experience managing direct reports and global teams.
• Excellent verbal and written communication skills for client and internal stakeholder management.
• Ability to work under tight deadlines and manage multiple priorities effectively.
• Must be able to work in a hybrid capacity in Newark, NJ.

Nice to have

• Series 99 license.
• Experience with Impact, BONY BDC, FICC RTTM, or BONY Accessedge.

Culture & Benefits

• Comprehensive benefit offerings including health and wellness programs.
• Commitment to an inclusive, collaborative, and engaging work environment.
• Opportunities for professional development and career growth within a global organization.
• Focus on empowering associates and celebrating unique perspectives.

Hiring process

• Recruiting process includes technical interviews and human review of applications.
• hirify.global may utilize AI-based tools to support recruiters in the evaluation process.