Job Description

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
• Pension
• 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 Clearing & Security Services team, the Embedded Risk Manager strengthens the role of the first line of defense by challenging product management and general management of risks, including its effort to identify, assess, respond to, and report and monitor risks. In this role, the Risk Manager challenges management's assessment of internal control effectiveness by ensuring management's adherence to Control testing framework, Issue management framework (including self-identified issues), and Identified issues resulting from audits or regulatory exams, and partners with management on risk response strategies (mitigate, control, accept, remediate, etc.) to ensure the strategies sufficiently address identified risks, whether internal or external.

Your Primary Responsibilities:

AI-Enabled Risk Insight & Transformation

• Technology-aware and AI focused, design and prototype AI agents, enabling effective challenge of AI-driven business processes, model governance, data controls, and emerging technology risks while supporting innovation and regulatory compliance.
• Drive the shift from reactive to predictive risk management, enabling early identification of emerging risks and control weaknesses
• Champion the use of data, dashboards, and digital tools to enhance transparency, decision-making, and risk reporting

Incident Management & Root Cause Insight

• Lead independent review and challenge of risk incidents, ensuring robust root cause analysis that identifies systemic drivers and not just symptoms
• Partner with business teams to translate incident learnings into effective control design and enhancement, strengthening the overall control environment
• Leverage data, trend analysis, and scenario insights to identify recurring themes and proactively prevent future incidents
• Ensure lessons learned are embedded into risk assessments, control frameworks, and business processes to drive continuous improvement Issue & Action Lifecycle Management
• Oversee the end-to-end lifecycle of issues and action plans, ensuring data-driven validation of remediation effectiveness and sustainability
• Leverage trend analysis and root cause insights to identify systemic issues and improve self-identification capabilities
• Monitor issue performance metrics through automated reporting and dashboards, escalating risks in a timely manner

Enterprise Risk, Control Design & Product Enablement

• Provide independent challenge over control testing programs, promoting more efficient, data-driven, and automated testing approaches
• Evaluate control effectiveness using quantitative insights, trend data, and scenario-based analysis
• Active involvement in the development of new products and services, ensuring risk considerations are embedded from inception
• Strong capability in control design, with a focus on building robust, scalable, and effective controls aligned to business objectives and regulatory expectations
• Ensure governance, risk, and control (GRC) data is accurate, current, and optimized for analytics and AI use cases
• Aligns risk and control processes into day-to-day responsibilities to mitigate, monitor, and escalate risks appropriately, including the timely resolution of incidents.

Process, Risk and Controls

• 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
• Conduct Control Assessments inclusive of trend analysis to drive consistent risk management practices across Solutions Businesses

Risk Culture & Conduct

• Promote a strong, forward-looking risk culture grounded in data-driven decision-making and responsible AI use
• Encourage proactive risk identification, continuous improvement, and ethical application of emerging technologies
• Identify opportunities to streamline processes, reduce manual effort, and enhance efficiency through automation and intelligent solutions

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

Qualifications:

• Minimum of 10 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

• AI & Digital Mindset (Key Differentiator)
• Demonstrated experience leading and executing Risk and Control Self-Assessments (RCSAs), including risk identification, inherent and residual risk assessment, control design evaluation, and challenge of risk ratings
• Strong inclination toward AI-driven risk insights, automation, and data-led decision-making
• Ability to leverage data for trend analysis, predictive risk identification, and reporting optimization
• Strong experience in Risk Management & Incident Management
• Proven ability in stakeholder management and influencing senior leadership
• Experience with issue lifecycle management, audits, and control frameworks
• Be a change ambassador and drive forward improvements
• Proactive and laser focused on cultivating a risk mentality
• Execution and delivery focused in a fast-paced environment
• Strong business acumen, with the ability to understand supported business areas, critical services, and client impacts, and to align risk assessments to business

We offer top class training and development for you to be an asset in our organization!

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 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.

About the Team

Clearing & Securities Services group delivers world-class safety and soundness for the global financial services industry. The team provides DTCC's portfolio of core securities business, including Institutional Trade processing and First Line Resilience and Control to facilitate better end-to-end planning and prioritization as well as enable more coordinated and seamless delivery of capabilities and services for our clients.