Embedded Risk Associate Director
The Depository Trust & Clearing Corporation (DTCC) · Jersey City, NJ · 3 wk ago
FinanceFull-time
About the role
We are at the forefront of innovation in the financial markets and committed to helping our employees grow and succeed. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Responsibilities
- Challenges product management and general management of risks, including identifying, assessing, responding to, and reporting and monitoring risks.
- Design and prototype AI agents to enable effective challenge of AI-driven business processes, model governance, data controls, and emerging technology risks.
- Lead independent review and challenge of risk incidents, ensuring robust root cause analysis that identifies systemic drivers and not just symptoms.
- Leverage data, trend analysis, and scenario insights to identify recurring themes and proactively prevent future incidents.
- Oversee the end-to-end lifecycle of issues and action plans, ensuring data-driven validation of remediation effectiveness and sustainability.
- Evaluate control effectiveness using quantitative insights, trend data, and scenario-based analysis.
- Provide independent challenge over control testing programs, promoting more efficient, data-driven, and automated testing approaches.
- Align risk and control processes into day-to-day responsibilities to mitigate, monitor, and escalate risks appropriately, including the timely resolution of incidents.
- Conduct quality reviews of Process, Risk, and Control data to ensure GRC foundational elements are periodically refreshed to reflect current procedures for oversight and consistency.
- Perform Control Assessments inclusive of trend analysis to drive consistent risk management practices across Solutions Businesses.
Qualifications
- Minimum of 10 years of related experience.
- Bachelor's degree preferred or equivalent experience.
Talents Needed for Success
- AI & Digital Mindset (Key Differentiator)
- Demonstrated experience leading and executing Risk and Control Self-Assessments (RCSAs).
- Strong inclination toward AI-driven risk insights, automation, and data-led decision-making.
- Strong experience in Risk Management & Incident Management.
- Proven ability in stakeholder management and influencing senior leadership.
- Experience with issue lifecycle management, audits, and control frameworks.
- Proactive and laser focused on cultivating a risk mentality.
- Execution and delivery focused in a fast-paced environment.
- Strong business acumen, with the ability to understand supported business areas, critical services, and client impacts, and to align risk assessments to business.
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.
Schedule
- Flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).