AI Cyber Risk and Credible Challenge Associate Director

Are you ready to make an impact at DTCC? 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 and are committed to helping our employees grow and succeed.

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).

Responsibilities

• Lead and execute Credible Challenge assessments of First Line AI risk practices across the AI lifecycle, including planning, scoping, fieldwork, and documentation
• Perform walkthroughs, interviews, and evidence reviews to assess the design and operating effectiveness of controls governing AI use cases (including GenAI, agentic workflows, and embedded AI)
• Evaluate alignment of First Line AI practices to the AI Policy, AI Governance Procedure, AI Acceptable Usage Policy, and applicable frameworks (NIST AI RMF, CRI Profile, EU AI Act)
• Represent CSRO on the AI Working Groups, conducting independent AI use case reviews and applying the AI risk tiering framework to scale challenge intensity to data exposure, automation, and business impact
• Identify, assess, and communicate material AI risks, control gaps, and thematic issues across cyber, model, data, privacy, and third-party risk domains
• Engage with senior CSRO and First Line stakeholders to discuss assessment results and remediation of AI control deficiencies
• Contribute to continuous improvement of the Credible Challenge methodology, standards, and templates as applied to the AI domain
• Support AI policy awareness and acceptable-usage training, and assist with regulatory and audit responses on AI (e.g., Reg SCI, FRBNY/SEC inquiries)
• Lead and contribute to special projects including program enhancements, resource coordination, and senior management presentations
• Develop, communicate and ensure adherence to department risk policies, procedures and best practices
• Stay abreast of industry and market events that impact cyber risk management processes
• Foster an environment of regulatory awareness and ensure regulatory compliance
• Conduct periodic assessments and surveys to gauge DTCC's AI risk and acceptable usage awareness level and recommend adjustments to the program

Requirements

• Minimum of 8 years of related experience in cyber security, cyber operations, cyber risk, IT audit, or technology risk
• Cyber security risk background with working knowledge of AI/GenAI risk domains (prompt injection, model drift, hallucination, data leakage, shadow AI)
• Bachelor's degree preferred or equivalent experience
• Professional certifications such as CISSP, CISA, CRISC or equivalent are a plus
• Knowledge of frameworks and regulations, including Cyber Risk Institute (CRI), National Institute of Standards and Technology (NIST) Cybersecurity Framework, Federal Financial Institutions Examination Council (FFIEC), and New York State Department of Financial Services (NYSDFS)

Skills

• Naturally curious and eager to learn, with a passion for understanding emerging technologies and complex risk topics
• Comfortable asking thoughtful questions, challenging assumptions, and investigating issues beyond the obvious
• Strong analytical thinker who thrives in dynamic environments and enjoys solving complex problems
• Self-starter who continuously looks for opportunities to improve processes, controls, and risk management practices