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Full-time
bachelor degree
Competitive Compensation, Annual Incentive, Health Insurance, Life Insurance, Well-being Benefits, Pension
Posted 22d ago
~40 hrs/week
Responsibilities
The Associate Director evaluates and monitors compliance with regulatory requirements for Financial Risk Management and Treasury functions. This includes conducting risk assessments, mapping regulatory requirements to controls, and preparing status reports for senior management.
Requirements
Candidates need a minimum of 8 years of related experience and preferably a bachelor's degree. Expertise in financial services regulations and experience with regulators like the SEC or FRB is highly desirable.
Full 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'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:
As a member of the Risk and Treasury Aligned Compliance Team (“Team”) within DTCC’s Compliance Group, the Associate Director is responsible for assisting the Team in evaluating, monitoring and enhancing compliance with applicable regulatory requirements by DTCC's Financial Risk Management (“FRM”) and Treasury functions. FRM manages certain financial risks related to DTCC’s clearing and settlement services (e.g., market, credit, liquidity and default risk), while Treasury manages capital, custody and investment risks.
The main responsibilities of the Team are:
Provide expert guidance to FRM and Treasury on compliance with regulatory requirements by identifying potential gaps and strengthening key aspects of the control environment, including policies, procedures, processes, and controls.
Conduct certain enterprise-wide activities managed by the Compliance Group for FRM and Treasury. These activities include maintaining a centralized inventory of regulatory requirements, mapping regulatory requirements to controls, enhancing policies & procedures, conducting regulatory change and compliance risk assessments, and testing of controls and regulatory reporting obligations.
Prepare status update reports for the Board, committees and senior management.
Your Primary Responsibilities:
Conduct regulatory change assessments to evaluate the impact of new or changing regulations and readiness from a compliance perspective
Evaluate, confirm and monitor implementation of changes proposed by a rule filing or advance notice
Evaluate policies and procedures to identify any compliance gaps or inconsistencies and work with FRM and/or Treasury functions to address such deficiencies
Perform compliance risk assessments for FRM and/or Treasury
Facilitate Compliance Group’s mapping of regulatory requirements and clearing agency rules to policies, procedures, controls, and other documentation
Facilitate Compliance Group’s testing to evaluate the design and effectiveness of controls owned by FRM &/or Treasury functions
Support FRM &/or Treasury functions in maintaining an inventory of regulatory reporting obligations and related reporting information
Take an active role in your career development
NOTE: The Primary Responsibilities of this role are not limited to the details above.
Qualifications:
Minimum of 8 years of related experience
Bachelor's degree preferred or equivalent experience
Talents Needed for Success:
Knowledge of financial services, particularly in the securities markets and applicable laws and regulations
Understanding of the Financial Risk Management discipline and experience with review of control environment related to management of credit, market, liquidity and default risks
Excellent listening and communication (oral and written) skills to effectively interface with all levels of leadership
Ability to work in a team dynamic with team members in different locations
Experience working at or with financial services regulators (e.g. SEC, FRB, NYSDFS, CFTC, ESMA, etc.) is highly desirable Knowledge of basic compliance principles and standards, including industry best practices
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.
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.
The General Counsel's Office is a valued, trusted and responsive partner within DTCC. The team promotes and protects the best interests of the DTCC family of companies by creating and facilitating solutions and providing guidance on legal and regulatory matters.
The Compliance Department is dedicated to protecting DTCC against risks of non-compliance with applicable laws and regulatory matters affecting DTCC and its subsidiaries, including evaluating and responding to new and changing federal, state, local and administrative regulations.
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 2025, DTCC’s subsidiaries processed securities transactions valued at U.S. $4.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $114 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.
View our Social Media Community Rules of Engagement: https://www.dtcc.com/press-room/social-media-rules-of-engagement
Offices: Jersey City, NJ, US · Boston, MA, US · Dallas, TX, US · Tampa, FL, US · Manila, PH
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