Clearance & Settlement Executive Director
Listed on 2026-08-22
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Management
Risk Manager/Analyst, Operations Management, Regulatory Compliance Specialist, Financial Manager
Join to apply for the Clearance & Settlement Executive Director role at The Depository Trust & Clearing Corporation (DTCC)
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Director, Executive Recruiting at The Depository Trust & Clearing Corporation (DTCC)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 Enterprise Business Operations (EBO) organization is responsible for all operations and asset services supporting the following DTCC businesses:
The Depository Trust Company (DTC), National Securities Clearing Corporation (NSCC), Fixed Income Clearing Corporation (FICC) – Government Securities Division (GSD) & Mortgage-Backed Securities Division (MBSD), Wealth Management Services (WMS), and Insurance & Retirement Services (I&RS). EBO's mission is to provide the securities Industry with superior operations processing and client services support in an environment that minimizes risk and cost while enhancing efficiency.
FICC Operations provides operational support for the Government Security and Mortgage-Backed Securities divisions of FICC focusing on trade capture, comparison, netting and settlement services to the mortgage-backed and government securities market thus providing operational efficiency to this high dollar value marketplace. A key area of responsibility for the FICC Operations is the support and preparedness of business resiliency and continuity efforts, cyber security events, and default/liquidity management.
Along with the Managing Director, the FICC Executive Director sets the strategic direction and provides management oversight of Enterprise Business Operations Fixed Income Clearing Corporation departments of GSD and MBS, which consists of teams across multiple domestic locations.
Your
Primary Responsibilities:
Risk Accountability
- Develops and helps implement management and risk mitigation tools into the organizational culture.
- Develops, communicates and ensures adherence to department risk policies, procedures and best practices.
- Fosters an environment of regulatory awareness and ensure regulatory compliance.
- Demonstrates and embeds the behaviors and proficiencies that build a risk management attitude in the organizational culture.
- Advances and articulates a long-term vision for their organization consistent with the corporate vision.
- Engage appropriate collaborators to achieve beneficial outcomes for organizational growth.
- Collaborates across boundaries to build strategic partnerships and achieve common goals.
- Articulates a long-term view and a shared vision with others and encourages agreement.
- Builds and handles workforce based on organizational goals, budget considerations, and staffing needs.
- Establishes the climate of the department/business unit regarding communication, trust, diversity, employee happiness, and problem-resolution.
- Builds organizational talent by supporting staff development, career resiliency, and succession planning.
- Effectively leads a multi-site, diverse and multi-generational workforce amid a variety of work situations.
- Develops human capital depth through a strong succession planning model.
- Ensure the design, development, and maintenance of procedures adequately address regulatory and compliance standards and risk mitigation.
- Ensure departmental goals are tied to corporate goals.
- Ensure business continuity and disaster recovery mandates are met.
- Holds self and management accountable for measurable high-quality, timely, and efficient results.
- Oversees and approves internal and client benchmarks as appropriate.
- Partners with Product Management define new…
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