Embedded Risk Associate Director

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.

• 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).

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. 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 to ensure the strategies sufficiently address identified risks, whether internal or external.

• 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.

• 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.

• 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.

• 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.
• Align risk and control processes into day‑to‑day responsibilities to mitigate, monitor, and elevate risks appropriately, including the timely resolution of incidents.