phaxisNew York, NY
Vice President - FX Settlements
$140,000 - $170,000 per year
Apply (opens in a new tab)Vice President - FX Settlements
Vice President - FX Settlements
phaxisNew York, NY
today
$140,000 - $170,000 per year
Investment Banking and Securities IntermediationFinancial Transactions Processing, Reserve, and Clearinghouse ActivitiesMiscellaneous Intermediation
Apply for this role (opens in a new tab)Vice President Of Settlements Investment banking client is seeking a Vice President of Settlements to lead the Settlements team within their Derivative Operations group. This role will be responsible for overseeing the daily settlement functions supporting the global derivatives trading activity. The ideal candidate will bring deep knowledge of derivatives and FX settlement processes, strong leadership capabilities, and a continuous improvement mindset.
Responsibilities:
Lead a high-performing Settlements team to ensure timely and accurate settlement of derivative and foreign exchange (FX) cashflows.
Oversee pre-settlement payment affirmations, post-settlement investigations, and compensation claim processing.
Drive a strong risk mitigation framework, proactively identifying and escalating breaks and exposure risks.
Utilize and oversee a variety of industry-standard platforms (e.g., SWIFT) and internal proprietary systems. Identify, recommend, and implement operational improvements to enhance scalability, accuracy, and efficiency.
Participate in technology initiatives and system enhancements, including UAT and project testing.
Qualifications:
Bachelor's degree in Finance, Business, Economics, or related discipline required.8+ years of experience in financial services, with a minimum of 3 years in Derivatives or FX Settlements leadership roles. Strong understanding of derivatives (OTC and listed) and foreign exchange instruments.
Base Salary: $140,000-$170,000 depending on experience
Also on the board Same function, level within a rung
Level
Manager
Salary
$140,000 - $170,000 per year
Location
New York, NY
Occupation
Financial Managers
Industry
Investment Banking and Securities Intermediation
Posted
today