Supervisor of Operations-Fed Settlement (Hybrid)

Posted 9 Hours Ago
Be an Early Applicant
Edgewood, NY
115K-120K Annually
Senior level
Fintech • Financial Services
The Role
The Supervisor of Operations - Fed Settlement oversees the timely settlement of transactions, manages liquidity to avoid overdraft charges, and provides mentorship to team members. Responsibilities include coordinating with trading desks, mitigating risks associated with high-value trades, and managing client issues, all while ensuring strong relationships within the team and with clients.
Summary Generated by Built In

At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you’re passionate about developing your career, while helping others along the way, come join the Broadridge team.

Join the dynamic team at Broadridge as a Supervisor of Operations- Fed Settlement and elevate your career in the financial services industry! We are on the lookout for a talented professional with robust Fed Settlement experience to play a pivotal role in supporting our prestigious top-tier clients. This is your chance to thrive in a fast-paced environment, where your expertise will drive success and innovation alongside a group of industry leaders. Don't miss this opportunity to make a significant impact with a global leader in financial solutions!

We are made up of high-performing teams that meet in person to learn and collaborate as needed. This role is considered hybrid, which means you’ll be assigned to a Broadridge office and given the flexibility to work remotely. This will require 2x a week in a Broadridge office

Responsibilities:

  • Apply in-depth knowledge of Impact and BNY BDC to ensure team’s timely settlement of client’s transactions  

  • Monitor firm’s liquidity to mitigate overdraft charges IN BNY

  • Provide mentorship for team members

  • Coordinate with client’s trading desk on collateral movement across different BNY accounts

  • Identify potential risk associated with certain high valued trades and act to mitigate

  • Escalate client issues and complaints on operational matters to higher-level management, when necessary.            

  • Develop and maintain strong relationships with team, and client’s trading desk.

  • May perform other duties/responsibilities as needed or assigned.

Qualifications:

  • 8+ years of Fed Settlement operational experience

  • Thorough understanding of Impact and BNY BDC

  • Knowledge of BNY vs Impact reconciliation

  • Recognized expertise in key Settlement activities.

  • Skilled at building and guiding high-performing teams,

  • Strong analytical and problem-solving skills, with the ability to navigate complex situations.

  • Lead efforts to address complex client challenges,

  • Ability to recognize and escalate high-risk items to minimize loss or breaks

The salary range for this position is between $115,000-$120,000.  Broadridge considers various factors when evaluating a candidate's final salary including, but not limited to, relevant experience, skills, and education.

Bonus Eligibility: Bonus Eligible

Benefits Information: Please visit www.broadridgebenefits.com for more information on our comprehensive benefit offerings.

Broadridge associates helped us envision our Connected Workplace - a work model that allows associates around the globe, dependent upon their role responsibilities, to take advantage of the benefits of both on-site and off-site work to support our clients, one another, and the communities where we live and work. Our Connected Workplace is grounded in the concept of FACS: Flexible, Accountable, Connected, and Supported, which is our commitment to our associates. FACS supports our strong culture and allows us to achieve business goals while supporting meaningful work-life integration for our associates.
We are dedicated to fostering a diverse, equitable, and inclusive environment and committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates can only do their best when they feel safe, understood, and valued, and we work diligently and collaboratively to ensure Broadridge is a company—and ultimately a community—that recognizes and celebrates diversity in all its dimensions.

Disability Assistance

We recognize that ensuring our long-term success means creating an environment where everyone is welcome, where everyone's strengths are valued, and where everyone can perform at their best. Broadridge provides equal employment opportunities to all associates and applicants for employment without regard to race, color, religion, sex (including sexual orientation, gender identity or expression, and pregnancy), marital status, national origin, ethnic origin, age, disability, genetic information, military or veteran status, and other protected characteristics protected by applicable federal, state, or local laws. US applicants: Click here to view the "EEO is the Law" poster.

If you need assistance or would like to request reasonable accommodations during the application and/or hiring process, please contact us at 888-237-7769 or by sending an email to [email protected].

The Company
HQ: New Hyde Park, NY
14,000 Employees
Hybrid Workplace
Year Founded: 2007

What We Do

Broadridge Financial Solutions, Inc. (NYSE: BR), is a global fintech leader, delivering technology-driven solutions that drive digital transformation for banks, broker-dealers, asset and wealth managers and public companies. At Broadridge, we are committed to making a difference. Our unique culture is guided by the Service-Profit Chain—the idea that success is mutual, directly connecting employee engagement, client satisfaction, and the creation of stockholder value. We enable better financial lives by providing the critical infrastructure that powers investing, corporate governance and communications. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.

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