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:
Being a member of the Clearing & Securities Services Team, the First Line Resilience & Control Senior Associate enables effective and efficient strategy execution and comprehensive management of risk, resilience, and governance priorities for our clients. The group's operating model and evolving framework led from the first line supports Clearing & Securities Services through collaboration and shared accountability across the three lines of defense. Responsible for working with the Three Lines of Defense in reviewing and monitoring the risks associated with Clearing & Securities Services. This includes all aspects of risk, including but not limited to, credit, market, liquidity, operational, legal and compliance, technology, systemic, and other risks.
Your Primary Responsibilities:
Your Primary Responsibilities:
- Issue and action plan life cycle management (i.e. engagement on the creation of MSIs, ensure actions plans effectively remediate issue, monitor timely remediation progress, and review of issue and action remediation before MetricStream submission, and oversight of the closure process for sustainability).
- Monitor the monthly issues and action report (i.e. MSI Metric requirement) and assess issues resulting from audits to determine if they should have been self-identified.
- Implement the annual sustainability reviews for both internal (direct/indirect) and external sourced action plans.
- Supervise the timeliness of all issues and actions for the business unit and establish issue protocol for items at risk for being past due.
- Perform review, challenge, and ensure consistent workflow quality control of issues both self-identified, as well as those resulting from risk assessments (include lessons learned and scenario analysis), and risk incidents.
- Perform quality review of process, risk, and control data to ensure GRC foundational elements are periodically refreshed to reflect current procedures for oversight and consistency.
- Oversee the execution of business management and service providers testing of internal controls, provide review and challenge of test scope, test methods, test procedures, and evaluation of results.
- Deliver periodic risk management and control training to business management and support teams, as necessary.
- Liaise with Governance, Risk, and Compliance Program to adopt key risk management objectives as they are pursued and enacted.
- Manage the regulatory reporting process and requirements with key team members for timely and accurate submissions.
- Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; raises appropriately
**NOTE: The Primary Responsibilities of this role are not limited to the details above. **
Qualifications:
- Minimum of 6 years of related experience
- Bachelor's or Associate's degree preferred
Talents Needed for Success:
- Strong troubleshooting skills and technical proficiency
- Excellent communication (verbal and written)
- Ability to be self-motivated and perform daily job functions and assigned projects with minimal supervision
- Intermediate Level skills with the Microsoft Office Suite (Word, Excel specifically)
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.
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.
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