Clearance & Settlement (Associate Director)

**Clearance & Settlement ( Associate Director ) - Jersey City NJ - Hybrid.
Skills:** Mortgage-Backed Securities (MBS), Trade Capture, Government Securities Market, Monitoring Controls, Compliance, Risk, Risk Management, Risk Reduction, Establish Procedures, Settlement Operations, FICC, Audit

Being a member of the Fixed Income Clearance and Settlement Operations Team, the Associate Director will identify gaps in procedures and training, work with team leads to strengthen the control environment, improve the performance of the department, and provide direction and guidance to team leads to ensure departmental communication is clear and reaches all team members. FICC Operations provides operational support for the government securities and mortgage-backed Securities divisions of FICC focusing on trade capture, comparison, netting, allocation, and settlement services to the mortgage-backed and government securities market thus providing operational efficiency to this high dollar value marketplace.

Must have:

• Minimum 8 years of related experience in fixed income products, allocations, and settlements - with mortgage-backed experience.
• Mortgage-Backed Securities (MBS)
• Expansive mortgage-backed securities allocation background.
• Must have people manager experience because they will be managing Jersey City staff.
• Ability to perform day-to-day processing activities of government and mortgage-backed operations team, including exception resolution, achievement of metrics and benchmarks, adherence to controls, audit follow-up, compliance, and risk management activities.

Additional information:

• Additional to salary Bonus: 0 - 20%
• INTERVIEW PROCESS:
• 1st Round HireVue
• 2nd Round Zoom Video interview with Hiring Manager and Team
• 3rd Round In-person interview with the Hiring Manager
• 4th Round Final Zoom Video interview with Managing Director
• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• Company offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).JOB DESCRIPTION:

• Being a member of the Fixed Income Clearance and Settlement Operations Team, the Associate Director will identify gaps in procedures and training, work with team leads to strengthen the control environment, improve the performance of the department, and provide direction and guidance to team leads to ensure departmental communication is clear and reaches all team members.