Senior IT Principal Embedded Risk Specialist

Depository Trust
Jerseycity, NJ
27 Sep 2024

Vacancy expired!

Why You'll Love This Job: Being a member of the Information Technology Risk Management team, the director role is crafted to identify, lead, measure, and mitigate risks in all IT Capabilities. An IT Embedded Risk Manager is a Director level role with main responsibility to advance protocol to communicate incidents and issues, identify gaps in the crafted on the controls and coordinate the design of mitigating controls and coordinating risk training and awareness. The incumbent will execute and be responsible for day-to-day IT risk management activities for the Enterprise Test Engineering (ETE) area, handle deadlines and partner expectations, and lead or participate in projects within assigned areas of responsibility. In carrying these responsibilities, the incumbent must work closely with the ETE management and team and 2nd and 3rd line control functions. The incumbent will support reporting and presentations to senior management, the Board Risk Committee, and Regulatory Supervisors. Your Primary Responsibilities:

  • Proactively lead and support efforts to identify and mitigate risk, within assigned area(s) of responsibility
  • Develop and strengthen relationships with business partners and risk control functions
  • Develop, communicate, and ensure alignment to department risk policies, procedures and standard methodologies
  • Reassess existing processes and create new ones that most optimally anticipate, lead and reduce risk to DTCC and its participants
  • Cultivate an environment of regulatory awareness and ensure regulatory compliance
  • Demonstrate and embed the behaviors and proficiencies that build a risk management attitude in your organization
  • Support ongoing staff education and mentor and develop team members on effective risk management.
  • Drive sustainability reviews of issues
  • Advise and periodically reviews reporting of the inherent and residual risk landscape and control environment (i.e., Risk Profile) with partners
  • Contribute to, reviews, and validates the accuracy of risk assessments conducted by the second line of defense (New Initiatives, Third Party Risk, OTR, Compliance)
  • Support reviews of initiative portfolio risks with partners and New Initiatives Office
  • Lead risk incidents and remediation, and monitors trends
NOTE: The Primary Responsibilities of this role are not limited to the details

Talents Needed for Success:
  • 10 years' experience as a senior risk and control professional, preferably within financial services industry to other highly supervised industry
  • Experience conducting and leading IT management control testing
  • Excellent analytical, problem-solving skills and communication skills
  • Strong technology background
  • Demonstrated ability to oversee and own an IT risk team that serves as a decision-making tool for management
  • Highly motivated, detail-oriented, self-starter, who can set priorities, take initiative and work both independently and proactively in a diverse team environment
  • Strong planning and project management skills
  • Knowledge of the security markets, post-trade processing and clearing and settlement infrastructure preferred
  • Strong process mapping and data collection and analysis skills
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 functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation

About Us

About DTCC

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.

Our work environment favors openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.

About the Team

The IT Governance and Assurance Department focus on advancing organizational goals through the effective and efficient use of IT, by ensuring IT has the necessary capabilities and controls to enhance the stability of DTCC products. The department will also be responsible for maturing core IT business management and governance capabilities.