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Hammer Search Partners

VP Operations - NYC Bank

Hammer Search Partners, New York, New York, us, 10261

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Vice President – Operations - NYC Bank

Please double check you have the right level of experience and qualifications by reading the full overview of this opportunity below.

Join the treasury and payments operation at the heart of global finance. As VP of Operations, you'll lead critical back-office functions, overseeing the execution and settlement of treasury, FX, derivative, and payment transactions, ensuring compliance, risk controls, and process excellence. This is a high-impact leadership role where operational precision meets financial complexity. You'll work with seasoned professionals across Treasury, Risk, and Compliance, helping shape a best-in-class operational platform in a fast-paced, globally connected environment.

Key Responsibilities - Oversee daily funds transfer operations (CHIPS, Fedwire, ACH, SWIFT, book transfers) - Manage treasury settlements including FX, MM, interest rate swaps, ALM, and government securities - Review and resolve OFAC embargo queue transactions, escalating as necessary - Supervise nostro reconciliation, broker bills, and custodial reporting - Support audits, update departmental procedures, and ensure regulatory compliance - Act as key liaison with Treasury Front Office and Compliance on settlement failures and risk escalations

Requirements - 10+ years’ experience** in treasury back office or payments operations

- Deep knowledge of FX, money markets, derivatives, and settlement systems

- Familiarity with CHIPS, Fedwire, ACH, and SWIFT payment networks

- Proficiency in core systems such as IBS FXMM, CAS or Clearstream

- In-depth working knowledge of OFAC screening, risk management, and compliance frameworks

- Excellent problem-solving skills, attention to detail, and leadership capabilities

Benefits Generous benefits package including health insurance and much more.

Good work/life balance, flexible hybrid work arrangement. 2 days in midtown Manhattan office. Career opportunities to expand responsibilities. Estimated base salary $130,000 to $150,000 depending on experience. Bonus eligible.

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