Broadridge · 1 week ago
Manager, Operations- DTC Settlements (Hybrid)
Newark, NJ
Full-time
Hybrid
Mid, Senior Level
$115K/yr - $135K/yr
5+ years expBroadridge is a company that empowers others to accomplish more, and they are seeking a highly skilled Settlements Operations Manager. This role involves leading DTC Settlements and Vault Operations, ensuring compliance, and driving operational excellence through team leadership and process optimization.
BankingCrowdfundingEnterprise SoftwareFinanceFinancial ServicesInformation TechnologyOutsourcingSoftwareVenture Capital
Responsibilities
Provide outsourced operational/transactional business process support for clients, ensuring quality service and operational performance within the parameters of both the client needs and contract
Lead and supervise DTC Security Settlement functions and related processes such as Vault processing, pair-offs, spo charges, RAD management, fail reporting, regulatory obligations such as FINRA extensions, break resolution, DK reporting, New issue processing, EOD Balancing, ETF settlements, Obligation warehouse, Buy-ins, Free deliveries and receives for a U.S. team with responsibilities governing our global off-shore resources
Oversee supervisors, team leads, and associates in the DTC / Vault Settlements area. Coach and mentor staff with responsibilities include providing constructive feedback, conducting annual performance reviews, managing salary and bonus budget for the group
Identify automation opportunities and make recommendations to implement technical solutions in an efficient manner
Accountable for daily operational functions. Address daily operational escalations from clients as a result of system or human error and resolve them in a timely manner. Also communicate the issue, solution, and plan of action for future avoidance in a timely manner to both the internal and external parties
Mitigate Financial risk and market exposure for clients by proactively addressing unsettled trades with high Mark to Market (MTM) exposure and by monitoring ledger-to-bank reconciliation reports
Participate in recruitment process by conducting technical interviews, devise training plan for new associates, supervise and track their progress via various metrics
Implement and maintain quality controls by ensuring Written Supervisory Procedures (WSP) is adhered by the group
Develop and maintain Standard Operating Procedures (SOP) for training purposes, for reference during critical issues and for seamless operations
Qualification
Required
5+ years of experience with a bachelor's degree/equivalent experience
You should have experience in a supervisory role within DTC Settlements
A driven individual who is looking for self and process improvement
A willing learner who is open to new ideas and concepts
Ability to meet and deliver positive work on strict deadlines
Ability to strengthen bonds and communicate effectively and clearly with both colleagues and clients
Self motivated individual who wants to push themselves towards excellence
IMPACT, Global Framework / BPS, DTC, VPS, BONY NEXEN
Preferred
Vault experience is preferred
Series 99 preferred
Benefits
Bonus Eligible
Comprehensive benefit offerings
Company
Broadridge
Broadridge is a provider of investor communications and technology solutions for broker dealers, banks, mutual funds and corporate issuers.
10001+ employees
H1B Sponsorship
Broadridge has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (109)
2024 (124)
2023 (83)
2022 (141)
2021 (100)
2020 (73)
Funding
Current Stage
Public CompanyTotal Funding
$3.05B2023-08-17Post Ipo Debt· $1.3B
2021-05-17Post Ipo Debt· $1B
2019-12-10Post Ipo Debt· $750M
Leadership Team
Timothy Gokey
Chief Executive Officer
Tyler Derr
Chief Technology Officer
Recent News
FF News | Fintech Finance
2025-12-03
2025-11-19
Company data provided by crunchbase