VP Markets and Wealth Services

Opportunity to join a growing bank that is heavily invested in technology & AI
Join a bank with an incredibly strong financial performance in Q1 2026

About Our Client

This opportunity is with a well-established, large organization in the financial services industry. The company is recognized for its global reach and commitment to delivering innovative and client-focused financial solutions.

Job Description

Oversee and manage key accounting and finance operations within the Markets and Wealth Services division.
Develop and implement financial strategies to achieve business objectives and drive growth.
Ensure compliance with financial regulations and internal policies.
Collaborate with cross-functional teams to optimize financial reporting and analysis.
Provide leadership and mentorship to the finance team to foster professional development.
Analyze financial data to identify trends, risks, and opportunities for improvement.
Support strategic decision-making with accurate and timely financial insights.
Maintain strong relationships with internal and external stakeholders, including auditors and regulatory bodies.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans, and all other qualified applicants.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Candidates must have deep knowledge of clearing broker-dealer functions and the full trade lifecycle, including:

Execution processes: Order routing, trade capture, and execution mechanics across various asset classes.
Clearing operations: Trade comparison, affirmation, matching, and novation; understanding how clearing brokers mitigate counterparty risk and ensure post-trade data accuracy.
Settlement processes: End-to-end settlement cycles (e.g., T+1/T+2), including DVP/FOP, settlement instructions, fails management, and corporate-action processing.
Custody services: Asset safeguarding, custody controls, segregation requirements, reconciliations, asset servicing, and books-and-records responsibilities.

Regulatory Knowledge
Strong working knowledge of the regulatory environment governing financial services, including:

U.S. securities laws and regulatory structure (e.g., Securities Exchange Act of 1934).
FINRA rules applicable to broker-dealers, including supervision, margin, customer protection, communications, and reporting.
SEC requirements such as customer asset protection (Rule 15c3-3), net capital (Rule 15c3-1), and recordkeeping/reporting obligations.
Regulations specific to clearing activities, including clearing agreements, fully disclosed vs. omnibus arrangements, and responsibilities under FINRA Rule 4311.
SIPC coverage and protections, including how clearing firms safeguard customer assets.

What's on Offer

Competitive salary ranging from $130,000 to $160,000 annually.
Opportunity to work for a prestigious company in the financial services industry.
Potential for career growth and professional development.
A collaborative and innovative work environment in New York.

If you are ready to take the next step in your career as a VP of Markets and Wealth Services, we encourage you to apply today!

Contact

Jillian Saley

Quote job ref

JN-032026-6979672