Global FX Operations MD – Settlement & Risk Leader

RBC Capital Markets, LLC; New York (NY); On-site; USD 300,000 - 400,000; Full time

Benefits offered by this job

401(k) matching

Health insurance

Paid time off

Career development

Discretionary bonus

Job summary

RBC Capital Markets, LLC seeks an experienced Managing Director to lead enterprise FX Operations, guiding settlement, clearing, and trading support across global centers. You will drive governance, risk management, and service delivery in a fast-paced, highly regulated environment.

The role requires deep FX operations knowledge, 12+ years in finance, and a proven leadership track record at a tier-1 institution. Expect strategic impact, global team leadership, and complex operational optimization.

Qualifications

• Minimum 12 years of progressive experience in FX operations, trading support, or settlement operations, with at least 6 years in a senior leadership or management capacity at a tier-1 global financial institution.
• Deep expertise in FX trading operations, settlement procedures, clearing processes, SWIFT standards, and nostro account management.
• Proven track record building and leading high-performing operations teams in a complex, fast-paced trading environment.
• Strong understanding of financial services regulations including OSFI guidance, FINTRAC requirements, and international FX market standards.
• Demonstrated expertise in operational and settlement risk management, with ability to establish effective controls and governance frameworks.

Responsibilities

• Develop and execute enterprise FX operations strategy and governance frameworks aligned with regulatory requirements and RBC Group standards; establish strategic priorities and drive continuous improvement initiatives
• Oversee FX settlement and clearing operations across all currency pairs and markets, including pre-settlement matching, SWIFT messaging, nostro account management, and clearinghouse interactions; ensure settlement integrity and minimize settlement risk
• Direct FX trading support services including order management, trade execution support, client confirmations, and settlement coordination; ensure timely and accurate trade processing
• Establish and maintain comprehensive operational and settlement risk controls, counterparty credit limits, and compliance procedures aligned with OSFI, FINTRAC, and international standards
• Manage and develop a high-performing team of FX operations professionals across global centers; foster a culture of operational excellence, risk awareness, and continuous improvement

Skills

Adaptability

Critical Thinking

Customer Service

Detail-Oriented

Financial Engineering

Financial Statement Analysis

Investments Analysis

Personal Development

Personal Initiative

Teamwork

Education

MBA or equivalent

Job description

RBC Capital Markets, LLC seeks an experienced Managing Director to lead enterprise FX Operations, guiding settlement, clearing, and trading support across global centers. You will drive governance, risk management, and service delivery in a fast-paced, highly regulated environment.

The role requires deep FX operations knowledge, 12+ years in finance, and a proven leadership track record at a tier-1 institution. Expect strategic impact, global team leadership, and complex operational optimization.