Fixed Income Operations Manager – Coupons, Principal & Interest

Broadridge

. Manage daily oversight of fixed income events, including coupon payments, principal repayments, maturities, amortizations, redemptions, paydowns, and default-related cash flows .

Posted 9/23/2026full-timeNewark • New Jersey • United StatesLead💰 $105,000 - $130,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in managing fixed income operations, including oversight of cash flows, reconciliations, and compliance with regulatory standards. Proficient in leading teams, implementing process improvements, and ensuring accuracy in payment processing and reporting.

Highest-signal resume keywords

Fixed Income Operations ManagementCash Reconciliation and Exception ManagementTeam Leadership and DevelopmentRegulatory Compliance and Audit SupportAnalytical and Problem-Solving Skills

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Fixed Income InstrumentsCoupon CalculationsAccrued InterestPayment SchedulesAmortizationMaturitiesRedemptionsOperational Risk FrameworksProcess AutomationControl Design

Soft Skills

Attention to DetailEffective CommunicationOrganizational SkillsStakeholder ManagementProblem-Solving

Tools & Technologies

Microsoft ExcelInvestment Operations SystemsAccounting SystemsCustody PlatformsPortfolio-Management Systems

Industry Keywords

Investment OperationsCustodyFund AdministrationSecurities ProcessingInstitutional Asset ManagementSWIFT MessagingCorporate ActionsIncome Processing WorkflowsWithholding TaxCross-Border Payment Processing

Tech Stack

Tools & technologies

Swift

About the role

Key responsibilities & impact

Manage daily oversight of fixed income events, including coupon payments, principal repayments, maturities, amortizations, redemptions, paydowns, and default-related cash flows
Oversee calculation, validation, and booking of accrued interest, coupon entitlements, principal proceeds, withholding tax, and related fees
Ensure timely receipt, reconciliation, and allocation of cash payments from custodians, depositories, paying agents, and counterparties
Monitor event announcements and maintain accurate security terms, payment dates, record dates, rate resets, factor changes, and election details
Investigate and resolve breaks, failed payments, discrepancies, and aged exceptions with internal teams and external service providers
Review daily cash reconciliations and approve exception resolution according to established controls
Maintain oversight of payment processing for government, corporate, municipal, agency, mortgage-backed, asset-backed, and other fixed income instruments
Establish and monitor operational procedures, service-level standards, key risk indicators, and performance metrics
Lead root-cause analysis for recurring errors and implement process, system, and control improvements
Ensure adherence to internal policies, regulatory requirements, audit standards, and client or fund documentation
Support audits, regulatory inquiries, client reporting, and operational due diligence requests
Manage, coach, and develop operations staff; set priorities, review workloads, and ensure coverage for critical payment cycles
Participate in system implementations, automation initiatives, data-quality enhancements, and testing related to fixed income operations

Requirements

What you’ll need

Bachelor’s degree in finance, accounting, business, economics, or a related field; equivalent relevant experience may be considered
Significant experience in investment operations, custody, fund administration, or securities processing, with a focus on fixed income income and principal events
Demonstrated experience leading or supervising an operations team
Strong knowledge of fixed income instruments, including bonds, notes, mortgage-backed securities, asset-backed securities, and floating-rate instruments
Understanding of coupon calculations, accrued interest, day-count conventions, payment schedules, amortization, prepayments, maturities, and redemptions
Experience with cash and position reconciliations, exception management, and settlement controls
Ability to interpret security documentation, market notices, custodian communications, and payment instructions
Advanced analytical, problem-solving, and organizational skills with strong attention to detail
Effective written and verbal communication skills and the ability to manage internal and external stakeholders
Proficiency with Microsoft Excel and relevant investment operations, accounting, custody, or portfolio-management systems
Preferred: experience supporting institutional asset managers, banks, hedge funds, or fund administrators
Preferred: familiarity with SWIFT messaging, custodian platforms, depository processes, and corporate action or income-processing workflows
Preferred: knowledge of withholding tax, securities lending impacts, and cross-border fixed income payment processing
Preferred: experience with operational risk frameworks, process automation, and control design

Benefits

Comp & perks

Bonus eligible
Collaborative, engaging, and inclusive work environment
Workplace that empowers associates to be authentic and bring their best to work
Equal employment opportunities
Reasonable accommodations during the application and hiring process