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Director Of Fed Settlements (Hybrid - Newark, NJ)

BroadridgeNewark, NJ

$165,000 - $175,000 / year

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Overview

Schedule
Full-time
Career level
Executive
Remote
On-site
Compensation
$165,000-$175,000/year
Benefits
Career Development
401k Matching/Retirement Savings
Health & Wellness Programs

Job Description

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.

Broadridge is growing! We are seeking a Director of Fed Settlements to join our team. Reporting into the Head of Domestic Settlements, you will be responsible for managing the Broadridge BPO Fed Settlements teams. You will be responsible for crafting, influencing and designing strategies to support the growth of a strategically important business. Leading a global team of 25 associates, you will be responsible for all aspects of our expanding business in the settlements arena. Given the complexity of the role you will need to be a strong developer of people and an exceptional communicator. You will nurture talent, encourage mobility and champion the growth of your people all while providing extraordinary client service and satisfaction during periods of rapid growth.

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 Fedwire Security Settlement functions and related processes such as Triparty, FICC/GSCC and TMPG for a U.S. team with responsibilities governing our global off-shore resources

  • Oversee direct managers/supervisors, team leads, and associates in the Fedwire Settlements area. Coach and mentor staff with responsibilities include providing constructive feedback, conducting annual performance reviews, managing salary and bonus budget for the group

  • Facilitate development of Broadridge's automation tools such as Robotic Process Automation (RPA), Broadridge Exception Event System (BEES) and identify other areas with automation potential.

  • Identify automation opportunities and make recommendations to implement technical solutions in an efficient manner

  • Maintain, support and debug software application solutions in production and create technical dashboards enabling performance monitoring

  • Organize and track multiple automation opportunities across the department to ensure completion

  • Document implemented solutions and develop reusable components, scripts and framework for efficiency

  • Drive financial growth and achieve team revenue targets. Meet prospective clients to add new business to Broadridge product suite such as 'Impact' for Fixed Income trade settlement

  • 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

  • Conduct internal and external training programs on Broadridge products (such as Impact, BEES, and BPS) and operational processes (such as settlements, Net Free Equity, Daylight Overdraft, etc.

  • 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

  • Coordinate and communicate with support functions such as HR, IT and Finance for system related, project related and team related functions

Qualifications

  • 7+ years of experience with a bachelor's degree/equivalent experience

  • Series 99 preferred

  • A self-starter with keen attention to detail

  • Ability to work under tight deadlines and multi-task

  • Quick-learner that can adapt to a growing business

  • Ability to maintain a positive relationships with clients and internal associates alike

  • Excellent verbal and written presentation skills

  • Proven knowledge of operations products and processes

  • Strong customer service orientation & strong prioritization and interpersonal skills

  • Impact/BONY BDC/FICC RTTM/BONY Accessedge experience a significant plus

Compensation Range: The salary range for this position is between $165,000 - $175,000.

Bonus Eligibility: Bonus Eligible

Broadridge considers various factors when evaluating a candidate's final salary including, but not limited to, relevant experience, skills, and education.

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

All Colorado employees receive paid sick leave in compliance with the Colorado Healthy Families and Workplaces Act and other legally required benefits, as applicable. Apply by clicking the application link and submitting your information. The deadline to apply for this role is July 1, 2026

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We are dedicated to fostering a collaborative, engaging, and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates 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 everyone's unique perspective.

Use of AI in Hiring

As part of the recruiting process, Broadridge may use technology, including artificial intelligence (AI)-based tools, to help review and evaluate applications. These tools are used only to support our recruiters and hiring managers, and all employment decisions include human review to ensure fairness, accuracy, and compliance with applicable laws. Please note that honesty and transparency are critical to our hiring process. Any attempt to falsify, misrepresent, or disguise information in an application, resume, assessment, or interview will result in disqualification from consideration.

US applicants: Click here to view the EEOC "Know Your Rights" poster.

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.

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 BRcareers@broadridge.com.

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FAQs About Director Of Fed Settlements (Hybrid - Newark, NJ) Jobs at Broadridge

What is the work location for this position at Broadridge?
This job at Broadridge is located in Newark, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Broadridge?
Candidates can expect a pay range of $165,000 and $175,000 per year.
What employment applies to this position at Broadridge?
Broadridge lists this role as a Full-time position.
What experience level is required for this role at Broadridge?
Broadridge is looking for a candidate with "Executive" experience level.
What benefits are offered by Broadridge for this role?
Broadridge offers following benefits: Career Development, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Broadridge?
You can apply for this role at Broadridge either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.