Director - Head of Derivative Settlements

Director – Head of Derivative Settlements

Global investment banking client seeks an experienced professional to serve as the Head of Derivative Settlements. The individual will lead a team of approximately 15 professionals supporting post-trade operations for the Capital Markets derivative trading business. Responsibilities include trade settlements, process improvements, risk management, and fostering a collaborative culture.

Base pay range
: $180,000 – $225,000 per year

• Manage and develop a team of ~15 operations staff supporting post‑trade processing for derivatives.
• Provide strategic direction, mentorship, and performance oversight to ensure team success and engagement.
• Promote a culture of transparency, accountability, and operational discipline.
• Oversee timely settlement of trades executed by the trading desk and external clients.
• Track and resolve cash and securities breaks, working closely with trade support and reconciliation teams.
• Ensure all standard settlement instructions (SSIs) are validated and released appropriately.
• Monitor and manage settlement risk and exposure across products and counter parties.
• Coordinate user acceptance testing (UAT) and system rollouts with internal stakeholders and technology partners.
• Draft, review, and maintain all operational documentation, including team training materials.

• Minimum of 10 years of experience in financial services, with significant exposure to derivative trade settlement and cash management.
• Experience managing operations teams in a high‑volume, fast‑paced capital markets environment.
• Proficient in Microsoft Office Suite (especially Excel) and SWIFT messaging systems.
• Client Series 99 license required.

Director

Full‑time

Finance