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 are 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 Operations Risk & Control group is responsible for maintaining the integrity of DTC's books and records through various monitoring, reconciliation and resolution activities aimed at ensuring the daily balancing of client, inventory, and internal account positions for both cash and securities. In addition, the Operations Risk and Control team monitors and processes agent related transactions and provides support to the FAST agent community.
Being a member of the Operations Risk & Control Team, the Director will oversee and set the strategic direction, provide daily oversight, collaborate across regional offices, and ensure a robust control framework is in place. The Director will communicate clearly and effectively across all levels, ensure all global team members are engaged and understand the department's goals and purpose, and reinforce the departments' position within Enterprise Business Operations.
Your Primary Responsibilities:
- Superior understanding of business line products and service offerings. Develop, communicate, and ensure adherence to regulation and guidelines, department risk policy, procedures, and standard methodologies
- Advance and articulate a long-term strategy for the organization consistent with the corporate vision. Act as a catalyst for organizational change and ensure consensus with impacted partners. Ensure departmental goals are tied to organizational goals. Hold self and management accountable for measurable high-quality, timely, and cost-effective results
- Build and manage workforce based on organizational goals, budget considerations, and staffing needs. Implement team recruitment strategy. Develop human capital depth in a strong succession planning model. Develop resources sufficient to ensure the financial health of the organization. Manage multi-site workforce while effectively applying a sound location strategy
- Accountable for results of audits, risk assessments, and compliance with industry-related legislation. Develop and help implement management and risk mitigation tools
- Connect strategic direction to fiscal responsibility. Understand business financials and work with complex data and information; adopt practical and workable approaches. Prepare, justify, and administer the program budget; oversee procurement and contracting to achieve desired results. Monitor expenditures and use cost-benefit thinking to set priorities
- Foster an environment of regulatory awareness and ensure regulatory compliance. Demonstrate and embed the behaviors and proficiencies that build a risk management approach in the organization. Reduce risk through regular review of controls and implementation of operational improvements. Collaborate across functions and geographies to promote cooperation and drive solutions
- High comfort level presenting to internal and external senior partners; demonstrating strong verbal and written communication skills. Create credible impressions internally and externally; ability to meet on regulatory matters. Participate in internal and external committees
- Establish climate of the business regarding communication, trust, diversity, employee satisfaction, and problem-resolution
- Collaborate across boundaries to build strategic partnerships and achieve common goals. Develop partnerships with company partners, shareholders, industry regulators and other relevant parties
**NOTE: The Primary Responsibilities of this role are not limited to the details above. **
Qualifications:
- Minimum 10 years of related experience
- Bachelor's degree (preferred) or equivalent experience
Talents Needed for Success:
- Be Visionary. Set a clear-sighted vision of the future to advance the organization’s desired market or business position; describe how the vision for the organization’s future can be realized through tangible actions; and drive execution
- Build capabilities by driving a culture of innovation and change management; building an organizational culture that embraces change as an opportunity rather than an obstacle; empower and support individual efforts to align with change initiatives
- Adapt presentation and communication style to fit the audience; shape the opinions of key decision-makers and senior leaders by presenting persuasive arguments and alternative approaches
- Create Community and champion inclusion; be relationship minded, inspire others to thrive, and building networks for effective collaboration
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.
