About the job Embedded Risk Manager (Associate Director)

Embedded Risk Manager (Associate Director)
Contract duration: 8 Months
Desired start date: ASAP
Location: Coppell, TX
Experience required: 7 Years
Industry: Financial Services
Note: A minimum of 6 years of Financial Services industry-related experience is required. The candidates also need to have Cybersecurity experience along with any Cyber certification!
Position Summary
The Principal Embedded Risk Manager (ERM) specializes in serving as a central point of contact and liaison aligned with IT that drives completion of, and adherence to, risk and control commitments, obligations, and requirements for their aligned departments; and is responsible for assisting stakeholders with the identification and timely remediation of risk. They are a top-level contributor who acts independently with minimal direction. The ERMs ability to form strong relationships and communicate with a breadth and variety of management resources is critical. Attention to detail and strong time management skills are also required, along with juggling competing priorities.
Specific Responsibilities

• Follow the DTCC processes and methodologies for risk management
• Learn to effectively use the tools required for risk management at DTCC such as PDMS / MetricStream / Archer
• Comply with existing risk and control commitments and requirements
• Effectively Liaison between and across the cost centers composing Enterprise Production Assurance (EPA) and IT Resiliency and Data Center (ITR&DC) and the following control functions:
• Internal Audit Department
• Technical Risk Management
• Operational Risk Management
• Regulators / Regulatory Relations
• IT Risk Community of Excellence
• Management Control Testing
• Drive successful and timely completion of commitments and requirements
• Issues and Actions
• TRM network and app pen test findings, FOSS findings
• Risk acceptances and policy deviations
• PDMS Policy and Procedures document reviews
• Provide guidance and become trusted resource between stakeholders and control functions
• Assist with thoughtfully articulating issues and remediation plans, driving timely submissions to control functions
• Assist EPA and ITR&DC teams in tracking audit deliverables and facilitating managements timely response to requests
• Track audit actions against defined delivery dates and assist with development of retarget plans as necessary
• Protect stakeholders by identifying control adherence/design effectiveness gaps as first line of defense
• Conduct proactive Continuous Improvement Questionnaire (CIQ) to identify MSIs, policy deviations and risk acceptances to mitigate future control function findings
• Update Process, Risk & Control (PRC) framework proactively
• Review Key Performance Indicator (KPI) maker/checker compliance
• Effectively document meeting decisions and actions in a timely manner
• Work closely with management and stakeholders to accurately report status of audit and regulatory actions
• Collaborate effectively with the Risk Management Center of Excellence to drive the teams timely response to TRM, external Audit, and regulatory requests
• Enable strategic improvement of IT control environment
• Integrate risk management into each teams continuous