Vice President - Head of Collateral & Margin Management - Operations

• Establish and lead the Collateral & Margin Management team, including operating model, staffing, procedures, controls, service levels, metrics, and escalation governance.
• Oversee daily margin and collateral activity, including call issuance/response, collateral movements, substitutions, eligibility validation, settlement, reconciliations, and exception management.
• Manage collateral disputes and breaks through timely investigation, documentation, escalation, and root-cause remediation.
• Provide operational oversight of collateral supporting repo/reverse repo and other in-scope financing or margin arrangements, including bilateral and tri-party activity where applicable.
• Partner with Trading and Treasury/Funding to improve collateral utilization, liquidity efficiency, and visibility while maintaining required legal, regulatory, risk, and control parameters.
• Establish controls over haircuts, eligibility rules, concentration parameters, margin terms, settlement status, and counterparty exposures as applicable to the operating process.
• Lead requirements and implementation for the future-state margin and collateral management platform, including workflow design, data requirements, UAT, conversion, controls, and production readiness.
• Develop management information and KRIs covering margin calls, disputes, aging, collateral balances, settlement fails, exceptions, capacity, and operational risk.
• Support new products, counterparties, clearing arrangements, and strategic business launches by assessing operational requirements and ensuring end-to-end readiness.
• Maintain strong audit and regulatory readiness through documented procedures, evidence, supervisory controls, issue management, and sustainable remediation.
• Serve as senior operational SME and escalation point for collateral and margin matters and develop team expertise through training, coaching, and cross-training.

Basic Qualifications

• Bachelor's degree or equivalent practical experience.
• 8+ years of relevant capital markets operations experience, including significant experience in collateral management, margin operations, repo/securities financing, or related functions.

Preferred Skills/Experience

• Demonstrated people leadership and experience operating in a regulated broker-dealer or comparable institutional markets environment.
• Strong knowledge of margin calls, collateral movements, substitutions, reconciliations, disputes, settlement, eligibility, and haircut concepts.
• Experience partnering with Front Office, Treasury/Funding, Risk, Legal, Compliance, Technology, and external market infrastructure providers.
• Experience with bilateral and tri-party repo, secured financing, fixed income products, and collateral optimization.
• Experience implementing or transforming a collateral/margin platform and designing operational controls around the technology.
• Knowledge of U.S. broker-dealer regulatory and control requirements affecting margin, collateral, customer protection, capital, and secured financing operations.
• Experience supporting audits, regulatory examinations, new-product approvals, and large-scale change programs.
• FINRA registration(s) relevant to assigned supervisory responsibilities, or ability to obtain if required by the position.

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here .

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.