Operational 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'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.

• 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).

Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.

The role involves designing and maintaining the PRC (Process–Risk–Control) taxonomy, developing rating and aggregation scales along with scoring methodologies, and managing issues and incident classification through severity models and lifecycle flows. Additionally, it includes applying control design principles and enhancing control language to ensure clarity and consistency across frameworks.

• PRC (Process–Risk–Control) taxonomy design and stewardship
• Review and design Rating scales, scoring and aggregation methodologies
• Issues and incident classification, severity models, and lifecycle flows
• Control design principles and uplift of control language
• Policy / Standard updates
• Risk Metrics design and Reporting
• Risk Appetite and Tolerance

NOTE:

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

• Bachelor's degree preferred with Masters or equivalent experience
• Minimum of 8 years of related experience

• Experience developing enterprise operational risk taxonomies, assessment methodologies, metrics and risk aggregation models
• Extended experience with RCSA, Incidents, Issues, Root Cause Analysis and Lessons Learned
• Strong command over control design, risk alignment and control language
• Ability to integrate emerging technologies such as AI, tokenization, cloud and cyber in risk analysis
• Experience working with common AI tools for automation

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.