Embedded Risk Director

About the role

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.

Responsibilities

• AI-Enabled Risk Insight & Transformation
• Drive the shift from reactive to predictive risk management, enabling early identification of emerging risks and control weaknesses
• Partner with business and technology teams to integrate AI-enabled risk considerations into product design and operational workflows
• Risk Assessments & Data-Driven Reporting
• Lead the production and continuous enhancement of CSS Risk and Control self Assessments, incorporating data-driven insights and forward-looking indicators
• Deliver high-quality, analytics-based risk reporting (monthly, quarterly, and ad hoc) across legal entities
• Provide impactful risk insights and metrics to senior management, including Board and Risk Committees, leveraging visualization and trend analysis
• Risk Management & Business Integration
• Execute the end-to-end risk management framework (identify, assess, monitor, report) aligned to enterprise strategy and the Corporate Risk Framework
• Embed risk and control considerations into daily operations, supported by real-time data and automated monitoring where possible
• Partner with the New Initiatives Office (NIO) and Product teams to ensure new products are risk-assessed using scenario analysis, data insights, and AI-informed considerations
• Incident Management & Root Cause Insight
• Lead independent review and challenge of risk incidents, ensuring robust root cause analysis that identifies systemic drivers and not just symptoms
• 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
• Issue & Action Lifecycle Management
• 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
• Control Environment & Testing Optimization
• 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
• 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 escalate risks appropriately, including the timely resolution of incidents

Qualifications

• Minimum of 10 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success

• AI & Digital Mindset (Key Differentiator)
• Strong inclination toward AI-driven risk insights, automation, and data-led decision-making
• Proven leadership capability to build and lead high-performing teams, with a strong focus on coaching, mentoring, and career development to drive individual and team growth
• Exceptional executive communication skills, with the ability to clearly articulate complex topics to senior stakeholders, including Executive Leadership, the Board, and regulators
• Ability to influence, challenge, and engage effectively at senior levels while maintaining credibility and trust
• Familiarity with emerging technologies in financial services risk landscape
• 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
• Be a change ambassador and drive forward improvements
• Proactive and laser focused on cultivating a risk mentality
• Execution and delivery focused in a fast-paced environment

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

Pay

DTCC offers a competitive salary commensurate with experience.

Schedule

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).