Senior Principal Auditor

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:

• 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:

The Senior Principal Auditor (Director) specializes in Risk and brings extensive experience and subject matter expertise to IAD, which are critical for performing effective challenges and in-depth assessments of quantitative analysis, risk management controls and methodologies, and financial risk management practices. Success in this role is measured by the provision of insightful audit opinions on control design and operational effectiveness, along with the production of detailed and reliable documentation to substantiate audit conclusions.

Your Primary Responsibilities:

Strategic Control Impact

• Bring in-depth expertise related to financial products and risk management
• Leverage subject matter expertise and technical skillsets to enable/support IAD innovation initiatives, including but not limited to identifying data analytic opportunities, implementing data analytics, and building automations
• Build relationships with business units outside the context of IAD's audits
• Support DTCC's risk management priority:
• Find opportunities for improving existing processes/controls or creating new ones that anticipate, lead and reduce risk to DTCC and its participants in a more effective/efficient manner
• Work closely with auditees to achieve timely progress on issue remediation
• Maintain awareness of regulatory concerns and align with regulatory requirements
• Serve as an independent advisor to promote DTCC's control environment related to risk management

Audit Execution

• Perform effective challenges to model methodologies and model risk management processes and controls
• Conduct audit review and testing on subject matters non-related to financial risk management or quantitative analysis as needed
• Lead individual audits or reviews as needed
• Complete risk-focused fieldwork and projects on schedule and within budget
• Identify, analyze, verify, and conclude on audit issues with consideration of their risk and wider implications for the company
• Advise IAD management on financial risk management and quantitative analysis subject matters

Quality Process

• Adhere to departmental risk policies, procedures and best practices
• Detail high quality and easy to understand work-papers demonstrating audit work and supporting audit conclusion
• Originate or participate in quality improvement initiatives

Individual & Team Development

• Continue building on expertise in one or more areas
• Share expertise with and grow other team members
• Present internally and externally on their areas of specialty
• Demonstrate a strong commitment to teamwork, helping peers wherever possible

**NOTE: The Primary Responsibilities of this role are not limited to the details above. **

Qualifications:

• Bachelor's degree with an additional CPA / FRM
• Minimum of 10 years of experience with financial products or risk management (market, liquidity, credit, model, or data risks

Talents Needed for Success:

• Previous internal or external audit experience is helpful but not required. Experience within second line of defense functions governing financial risk management practices or experience of auditing financial risk management areas is preferred.
• DTCC's Leadership Model sets out the core behaviors required of all employees. Each position is unique and may require the incumbent to have or build specific knowledge of the businesses, products, functions, and processes within their coverage responsibilities.

A successful Senior Principal Auditor within IAD is expected to demonstrate the following:

• Strong written and oral communication skills
• Strong quantitative analytical and problem-solving skills
• Ability to work independently and to collaborate with other team members
• Strong sense of responsibility and self-starter
• Knowledge of modeling techniques and quantitative analytics tools
• Coding experience preferably in Python or R

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

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC's subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC's Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at or connect with us on LinkedIn , X , YouTube , Facebook and Instagram .

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

The Internal Audit Department's (IAD) mission is to deliver independent assessments of the organization's overall control environment and to promote proactive risk identification and mitigation.