Head of Fixed Income Operations & Trade Lifecycle Controls
Madison Davis LLC · New York, New York, United States
FULL TIMEpermanent
Job Description
Title: Head of Fixed Income Operations & Trade Lifecycle ControlsOffice Status: Hybrid – New York, NYBase Salary: $175k - $200k + Bonus
A high number of candidates may make applications for this position, so make sure to send your CV and application through as soon as possible.
Overview:This is a senior operations leadership opportunity at a well-established and rapidly growing global financial services platform, offering full ownership of the Fixed Income Operations function supporting Credit, Rates, MBS, Repo, and Customer Clearing businesses. The role carries genuine team management responsibility, leading a team of seven and supervising an outsourced BPO operations team, while serving as the primary escalation point for all fixed income lifecycle events and acting as a key control owner across the firm's regulatory compliance and SOX framework. With a growing Fixed Income Prime Brokerage business and a technology-led operating model, this is the right seat for a seasoned fixed income operations leader with 10+ years of experience who combines deep product knowledge across US Treasuries, Credit, and Repo with strong vendor management instincts, regulatory fluency, and the executive presence to engage credibly with senior management and regulators.
Key Responsibilities:Lead, manage, and develop the Fixed Income Operations team; supervise work performed by the outsourced BPO operations team, ensuring the firm maintains full accountability for all output and control standardsServe as the primary escalation point for all fixed income lifecycle events including Corporate Actions, Settlements, Fails, and Securities Financing; review and assist with team resolution of customer unaffirmed trades, street-side breaks, and failed tradesMonitor status of Regulatory Trade Reporting for all fixed income trades including FINRA TRACE; supervise defined processes to ensure adherence to regulatory requirements including Possession or Control, 17a-5, transaction reporting, and surveillanceReview daily controls across credit and rates vendor systems; adhere to and propose improvements to the firm's control frameworkWork closely with the Front Office to establish best practices and drive operational efficiencies across the fixed income businesses; partner with internal stakeholders to onboard xzbcwsv new business streams and vendorsWork with all vendors and internal parties to increase automation and strengthen the overall control framework across fixed income operationsAs a Control Owner or Manager of a Control Owner: maintain SOX-assigned internal controls, implement and document controls designed to mitigate financial reporting risks, and monitor and test controls regularly to ensure they are operating effectivelyAssist with internal quarterly reporting as applicable; ensure compliance with regulatory requirements under SEC, FINRA, NFA, CFTC, and applicable exchangesAdhere to the operational risk framework; demonstrate the highest standards of integrity and conduct in line with firm values and Code of Conduct
A high number of candidates may make applications for this position, so make sure to send your CV and application through as soon as possible.
Overview:This is a senior operations leadership opportunity at a well-established and rapidly growing global financial services platform, offering full ownership of the Fixed Income Operations function supporting Credit, Rates, MBS, Repo, and Customer Clearing businesses. The role carries genuine team management responsibility, leading a team of seven and supervising an outsourced BPO operations team, while serving as the primary escalation point for all fixed income lifecycle events and acting as a key control owner across the firm's regulatory compliance and SOX framework. With a growing Fixed Income Prime Brokerage business and a technology-led operating model, this is the right seat for a seasoned fixed income operations leader with 10+ years of experience who combines deep product knowledge across US Treasuries, Credit, and Repo with strong vendor management instincts, regulatory fluency, and the executive presence to engage credibly with senior management and regulators.
Key Responsibilities:Lead, manage, and develop the Fixed Income Operations team; supervise work performed by the outsourced BPO operations team, ensuring the firm maintains full accountability for all output and control standardsServe as the primary escalation point for all fixed income lifecycle events including Corporate Actions, Settlements, Fails, and Securities Financing; review and assist with team resolution of customer unaffirmed trades, street-side breaks, and failed tradesMonitor status of Regulatory Trade Reporting for all fixed income trades including FINRA TRACE; supervise defined processes to ensure adherence to regulatory requirements including Possession or Control, 17a-5, transaction reporting, and surveillanceReview daily controls across credit and rates vendor systems; adhere to and propose improvements to the firm's control frameworkWork closely with the Front Office to establish best practices and drive operational efficiencies across the fixed income businesses; partner with internal stakeholders to onboard xzbcwsv new business streams and vendorsWork with all vendors and internal parties to increase automation and strengthen the overall control framework across fixed income operationsAs a Control Owner or Manager of a Control Owner: maintain SOX-assigned internal controls, implement and document controls designed to mitigate financial reporting risks, and monitor and test controls regularly to ensure they are operating effectivelyAssist with internal quarterly reporting as applicable; ensure compliance with regulatory requirements under SEC, FINRA, NFA, CFTC, and applicable exchangesAdhere to the operational risk framework; demonstrate the highest standards of integrity and conduct in line with firm values and Code of Conduct