Job Description
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and encouraging 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 growing 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 Market Risk Associate is responsible for the daily monitoring of market risk exposure presented by clients and for the preparation of documentation needed to support systems initiatives.
Your Primary Responsibilities
- Perform day-to-day functions contained in the unit's procedures such as researching significant increases in margin requirements, tracking trading patterns of member firms, liquidity usage, etc.
- Develop a strong understanding of clients’ business and risk profiles in order to serve as a point of contact for risk related support and inquiries.
- Take ownership for identifying and mitigating risk within assigned areas of responsibility and for supporting risk mitigation across DTCC
- Assess existing processes and suggest new ones that most effectively anticipate, manage and reduce risk to DTCC and its participants
- Demonstrate and embed the behaviors and competencies that create a risk management mindset in the organization
- Perform research necessary to support analyzing different margining methodologies
- Execute the plan for implementation of new margining methodologies and enhancements of existing methodologies
- Educate clients on FICC services and Risk initiatives
- Maintain regulatory awareness and compliance and ensure adherence to risk-related policies and best practices
- Provide support for the preparation of written responses to audit and regulatory reports
- Contribute to supporting the department in adherence to AML/BSA policies and procedures as set-forth by various regulatory bodies
- Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately
**NOTE: Responsibilities of this role are not limited to the details above. **
Talents needed for Success
- 2-5+ years financial services industry experience in the areas of margining, fixed income risk analysis, or product management.
- Bachelor’s Degree in Accounting, Finance, Business or Economics.
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 www.dtcc.com 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 .
