Embedded Risk Executive Director
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? 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.
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? 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.
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:
DTCC is seeking an experienced and strategic leader to lead the CSS Center of Excellence (CoE), serving as the first line centralized Controls Hub responsible for driving risk intelligence, consistency, governance, standards, assurance, analytics, and execution excellence across CSS first line controls group.
This Executive Director role will be responsible for designing and operationalizing the future-state CSS risk and controls operating model, ensuring that risk management activities are executed through common methodologies, consistent standards, robust governance, and scalable capabilities. The role will serve as a key enabler of the CSS transformation agenda by introducing enhanced analytics, data-driven decision making, AI-enabled solutions, and streamlined processes that improve efficiency, transparency, and control effectiveness.
As a senior leader within CSS Embedded Risk Management, the Executive Director will partner closely with Product, Technology, Operations, Enterprise Risk Management, Compliance, and Audit teams to build a sustainable and forward-looking controls environment that supports business growth, regulatory expectations, and operational resilience.
Your primary responsibilities:
Lead the CSS Center of Excellence
- Lead the CSS Controls Hub as the central authority for risk and control standards, methodologies, governance, and enablement.
- Drive consistency and execution discipline across CSS through common frameworks, procedures, and operating practices.
- Develop and mature the CSS risk and control operating model to support strategic business objectives.
Data, Analytics & Risk Insights
- Establish an enterprise risk and controls data strategy and single source of truth.
- Develop enhanced analytics and reporting capabilities that provide actionable insights to leadership.
- Introduce predictive indicators, trend analysis, and emerging risk monitoring to support proactive risk management.
Technology, Automation & AI Enablement
- Lead the adoption of technology solutions, automation, and AI-enabled capabilities across risk and control processes.
- Promote operational efficiency through workflow optimization and digitization.
- Partner with technology teams to implement scalable risk and controls platforms.
Organizational Capability Building
- Build and develop a high-performing team focused on standards, governance, analytics, assurance, and operational excellence.
- Foster a culture of continuous improvement, collaboration, and innovation.
- Serve as a trusted advisor to CSS leadership on risk and control strategy.
Risk & Control Framework Integration
- Lead the integration and optimization of key risk management processes, including:
- RCSA
- CPRA
- Management Control Testing (MCT)
- Issue Management
- Governance and Reporting
- Ensure alignment across risk programs and establish a unified view of risk and control effectiveness.
Governance & Assurance
- Oversee governance routines and reporting structures supporting CSS leadership and risk committees.
- Drive accountability for issue remediation and control improvements.
- Enhance transparency and reporting across key risk and control activities.
Qualifications:
- 15+ years of experience in Risk Management, Controls, Governance, Operational Risk, Compliance, Audit, or related disciplines.
- Bachelor's degree preferred or equivalent experience
Talents Needed for Success:
- Demonstrated experience leading enterprise-wide transformation, governance, or Center of Excellence functions.
- Strong understanding of risk management frameworks, control environments, and assurance practices.
- Experience working with senior executives, regulators, audit functions, and governance committees.
- Proven ability to drive organizational change across large and complex organizations.
- Financial services, market infrastructure, banking, clearing, or securities industry experience.
- Experience implementing data and analytics capabilities within risk management functions.
- Ability to leverage automation, AI, and technology solutions to improve operational effectiveness.
- Experience leading multidisciplinary teams and large-scale strategic initiatives.
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 functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.