Director, Settlements and Clearing Systems

Job Description
What is the opportunity?
RBC Capital Markets is launching a prime brokerage business for equities, starting in North America. To serve hedge fund and institutional clients, we need an accurate, near real-time view of every position by depot: what we own, what clients own, and what has been lent, borrowed or pledged, projected to settle etc. As Director, you will lead the building of this intraday stock record, extending our Broadridge-based books and records platforms. You will work with Operations, Trading, Financing and Risk to give the business reliable positions, fewer settlement problems and better use of the firm's balance sheet.
What will you do?
Lead the design and delivery of an intraday stock record that keeps client and firm positions accurate and separate throughout the trading day
Direct how our Broadridge books and records platforms are extended or reconfigured to support prime brokerage, from trade capture through settlement
Establish how position data flows between trading, financing, securities lending, settlement and risk systems, and between us and our custodians and depositories
Shape the approach to custody and depository accounts, including the operational impact of keeping prime separate from the rest of the firm
Build the controls that catch breaks and exceptions early, so problems are fixed before they reach clients or cause failed settlements
Partner with Operations, Finance, Risk and Corporate Actions to agree on ownership, deadlines and service levels
Manage the program plan, budget, vendor relationships and delivery milestones, and lead and coach a team of engineers, architects and delivery managers
What do you need to succeed?
Must-have
Significant experience leading books and records, stock record or position-keeping technology at a broker, bank or custodian
Hands-on knowledge of post-trade platforms, or comparable securities processing systems, in a large firm
Track record of delivering large, multi-year technology programs from design through launch
Strong understanding of how trades, settlement, custody and securities lending affect a firm's positions
Degree in engineering, computer science, finance or a related field
Nice-to-have
Experience in prime brokerage, including short, loaned, financed and swap positions
Experience building or running real-time or near-real-time position and settlement processing
Familiarity with North American settlement and depository processes, and the move to faster settlement cycles
MBA or other graduate degree
The Expected Salary Range For The Above Position Is $210,000 - $275,000 Depending On Factors Including But Not Limited To The Candidate’s Experience, Skills, Registration Status; Market Conditions; And Business Needs. This Salary Range Does Not Include Other Elements Of Total Compensation, Including A Discretionary Bonus And Benefits Such As A 401(K) Program With Company-Matching Contributions; Health, Dental, Vision, Life And Disability Insurance; And Paid Time-Off Plan.
Rbc’s Compensation Philosophy And Principles Recognize The Importance Of A Highly Qualified Global Workforce And Plays A Critical Role In Attracting, Engaging And Retaining Talent That:
· Drives Rbc’s High Performance Culture
· Enables Collective Achievement Of Our Strategic Goals
· Generates Sustainable Shareholder Returns And Above Market Shareholder Value
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Job Skills
Application Development, Application Maintenance, Applications Architecture, Commercial Acumen, Enterprise Application Delivery, Information Technology Management, Information Technology Trends, Programming Languages, System Applications
Additional Job Details
Address:
GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY
City:
Jersey City
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-11-10
Application Deadline:
2026-12-11
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC.