Overview
On Site
Full Time
Skills
Financial risk management
Policies and procedures
Time management
Data integrity
Professional development
Life insurance
Stress testing
Quality assurance
Risk management
Credit risk
Continuous improvement
Data management
Data governance
Data quality
Vendor relationships
Business operations
Data profiling
Internal auditing
Data Analysis
Project implementation
Project management
Microsoft Power BI
Financial services
IMPACT
DTCC
Collaboration
Innovation
Finance
Governance
Management
FRM
Policies
Surveillance
Dimensional modeling
Roadmaps
Data
Meta-data management
Documentation
Leadership
Agile
Cloud computing
Articulate
Training
Communication
Microsoft Outlook
Microsoft Excel
Informatica
SQL
Snow flake schema
Amazon Web Services
SAP BASIS
Trading
Teamwork
Security clearance
Spectrum
Job Details
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Pay and Benefits:
The impact you will have in this role:
Financial Risk & Governance (\"FR&G\")'s mission is to provide effective and efficient identification, measurement, monitoring and control of market, liquidity & stress testing related to the clearing and settlement processes for DTCC, its members and the markets. In addition, FR&G provides critical governance and quality assurance capabilities for key risk functions that are designed to meet thorough organizational and regulatory standards. FR&G works under delegated authority from the Board and senior management to handle these risks within defined risk tolerances, as approved by the Board and senior management. FR&G collaborates closely with Quantitative Risk Management and the Counterparty Credit Risk teams, collectively referred to as Financial Risk Management (\"FRM\"), to maintain an integrated and comprehensive approach to financial risk management at DTCC to support an effective second line of defense. FR&Gs prime directive for DTCC's applicable clearing agencies and joint ventures consists of the following:
Being a member of the Data Integrity (\"DI\"), the Associate Director will be responsible for data management, data governance, and data quality consumed by the functions within FRM. DI uses tools to handle data quality based on logical rules and thresholds across one or more of the following dimensions: accuracy, completeness, conformity, consistency, coverage, duplication and timeliness. DI also manages third party vendor relationships applied by the teams across FRM
Your Primary Responsibilities:
**NOTE: The Primary Responsibilities of this role are not limited to the details above. **
Qualifications:
Talents Needed for Success:
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
About Us
DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.
DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.
Learn more about Clearance and Settlement by clicking here .
About the Team
Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Pay and Benefits:
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits, based on location
- Pension / Retirement benefits
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The impact you will have in this role:
Financial Risk & Governance (\"FR&G\")'s mission is to provide effective and efficient identification, measurement, monitoring and control of market, liquidity & stress testing related to the clearing and settlement processes for DTCC, its members and the markets. In addition, FR&G provides critical governance and quality assurance capabilities for key risk functions that are designed to meet thorough organizational and regulatory standards. FR&G works under delegated authority from the Board and senior management to handle these risks within defined risk tolerances, as approved by the Board and senior management. FR&G collaborates closely with Quantitative Risk Management and the Counterparty Credit Risk teams, collectively referred to as Financial Risk Management (\"FRM\"), to maintain an integrated and comprehensive approach to financial risk management at DTCC to support an effective second line of defense. FR&Gs prime directive for DTCC's applicable clearing agencies and joint ventures consists of the following:
- Maintain sufficient collateral to cover any losses associated with the liquidation of any defaulting member or family portfolio under extreme but plausible scenarios;
- Ensure that sufficient liquidity resources are available so that each entity is able to settle all transactions as contracted in the event of a failure by the single largest member or family under extreme but plausible circumstances;
- Exercise continuous improvement of policies, procedures and processes that support robust, ongoing member surveillance and effective but appropriate response to distress events; and
- Manage FR&G to maintain a deep and broad product knowledge and risk framework to effectively measure and handle market, liquidity and credit risks.
Being a member of the Data Integrity (\"DI\"), the Associate Director will be responsible for data management, data governance, and data quality consumed by the functions within FRM. DI uses tools to handle data quality based on logical rules and thresholds across one or more of the following dimensions: accuracy, completeness, conformity, consistency, coverage, duplication and timeliness. DI also manages third party vendor relationships applied by the teams across FRM
Your Primary Responsibilities:
- Collaborate with business, operations, and technology partners to organize and prioritize a roadmap for achieving data management activities for FRM, including the nomination of critical data assets, business and technical metadata documentation, data source identification, data profiling and analysis, and data quality control requirements.
- Support the Director of the Risk Data Integrity team with management of policies and procedures, driving development and redesign of strategic data platforms and tools, and lead the coordination of internal audit, control group, and regulatory deliverables as applicable.
- Cultivate agile ways of working with global stakeholders to remain focused on delivering against a set of prioritized objectives.
- Develop subject matter expertise across financial risk areas including market, credit, liquidity, stress testing, and quantitative risk.
- Work with the latest technology and learn about new cloud platforms and data analytics capabilities.
- Make well-informed, effective, timely decisions, and perceives the impact and implications of those decisions as it relates to the active project.
- Articulate and present complex or technical information clearly and effectively to collaborators and/or non-technical colleagues, in both small and large group settings.
- Demonstrate successful project execution with measurable, high-quality, timely results.
- Facilitate training sessions for junior team members.
- Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.
**NOTE: The Primary Responsibilities of this role are not limited to the details above. **
Qualifications:
- Minimum of 8 years of related experience
- Bachelor's degree required, Master's degree or equivalent experience preferred
Talents Needed for Success:
- Strong working knowledge and experience in project management, financial risk management, and data management
- Highly diligent
- Excellent organization and time management skills
- Strong written and verbal communication skills
- Strong familiarity with Outlook, Excel, Word, PowerPoint, and SharePoint
- Familiarity with Collibra, Informatica, SQL, Power BI, Snowflake, and AWS is a plus
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
About Us
DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.
DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.
Learn more about Clearance and Settlement by clicking here .
About the Team
Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.