Embedded IT Risk Specialist

Are you ready to explore a world of possibilities?

Do you want to work on innovative projects, collaborate with a dynamic and encouraging 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 crafting a workplace that looks like the world that we serve.

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). 

The impact you will have in this role: 

The Embedded Risk Manager (ERM) is responsible for assisting stakeholders with the identification and timely remediation of risk.  They are a top-level contributor that acts independently with minimal direction.  The ERM’s ability to form strong relationships and connect with a breadth and variety of management resources is crucial. Attention to detail and strong time management skills are also required.

A first line of defense (FLOD) which consists of the businesses and functional units, including Product Management, Operations Management, IT and other areas critical to daily operation and functioning.  Partner and liaise with the DTCC Control Groups, Business FLODs with regard to identifying and assessing inherent risk, control effectiveness and residual risk. Explore opportunities to improve the effectiveness of controls while also exploring ways to simplify our processes without increasing residual risk. Responsible for monitoring and managing risk and liaising with various entities for audits and supports control-testing efforts. Provides guidance to SIFMU and RISK Delivery with submission of self-identified findings, responding to and complying with DTCC Audit findings.

Your Primary Responsibilities:

• Management to achieve business priorities.
• Coordinate domain response to various control functions and Product Management to support the division
• Provide governance and process support for the division while helping to ensure adherence to internal development processes
• Teamwork – partners with other Embedded Risk Manager to identify best practices and monitors adheres to standard processes
• Documentation – coordinates process reviews for internal and external audits, Compliance, Risk Management & Technology assessments using the Process Risks and Controls (PRC) Framework
• Partners with control functions to support audits & assessments; coordinates Management Self-Identified (MSI) issues and handles the Issue Management process for the domain
• Performs Management Testing to assess control effectiveness and documents results
• Reviews of standards, policies, and procedures and performs rationalization per compliance guidelines. Supports the development and maintenance of system level documentation
• Performs sustainability assessments and assesses adherence to regulator, business & compliance requirements and to the Process Risk and Control framework and identifies solutions to resolve control gaps to support our risk attitude
• Manages process adherence within the division and helps to lead department initiative budget reporting

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

Qualification:

• Minimum 3 years of experience in IT, risk management, and/or IT audit required
• Bachelors’ Degree and/or related experience

Talents Needed for Success:

• Clear communicator, with good verbal and written communication skills 
• Ability to influence without authority
• Ability to communicate technical concepts to a broad range of technical and non-technical staff
• Demonstrate strong technical leadership.
• Continuous proactivity and follow-through 
• Ability to prioritize and focus on most urgent tasks & work in a fast-paced IT environment.
• Comfortable working closely with team management to review approaches and requirements that solve business problems.
• Experience with governance, risk, and compliance projects and program oversight
• Ability to balance risks in ambiguous and sophisticated situations
• Demonstrated partnership and collaboration skills in leading or contributing to global and multi-functional teams
• Highly motivated to contribute and grow within a sophisticated area of emerging importance
• Demonstrates excellent organizational direction, time management, problem-solving, prioritization, goal setting, leadership, motivation, negotiation, and interpersonal relations
• Works well under pressure and within time/budget constraints to solve problems or meet objectives
• Strong analytical/problem solving skills and cross functional knowledge across multiple IT operational and security subject areas
• Possess a high degree of integrity, be credible, and have the ability to lead and inspire change
• Experienced in status reporting to management.

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 function.