Clearance & Settlement Associate Director at DTCC Candidate Experience Site

Jersey City, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Feb, 26

Salary

0.0

Posted On

15 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Operational Support, Risk Management, Compliance, Process Improvement, Stakeholder Management, Team Development, Decision Making, Data Analysis, Communication, Business Resiliency, Cyber Security, Liquidity Management, Performance Management, Training Development, Ethical Behavior, Feedback

Industry

Financial Services

Description

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. 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: Equity Clearance and Settlement Operations provides operational support for DTC and NSCC focusing on depository services, trade capture, comparison and netting of virtually all broker-to-broker equity, listed corporate and muni bond and UIT trading in the U.S, culminating into a consolidated end-of-day process that completes the transfer between trading parties of securities ownership and cash daily. A key area of responsibility for the Equity Clearance and Settlement is the support and preparedness of business resiliency and continuity efforts, cyber security events, and default/liquidity management. FICC Operations provides operational support for the Government Security and Mortgage Backed Securities divisions of FICC focusing on trade capture, comparison, netting and settlement services to the mortgage-backed and government securities market thus providing operational efficiency to this high dollar value market place. A key area of responsibility for the FICC Operations, is the support and preparedness of business resiliency and continuity efforts, cyber security events, and default/liquidity management. Your Primary Responsibilities: Perform oversight of day-to-day processing activities, including exception resolution, achievement of metrics and benchmarks, adherence to controls, audit follow-up, compliance, and risk management activities Make well-informed, effective, and timely decisions, using available data, perceives the impact and implications of decisions. Holds self and others accountable for measurable high-quality, timely results Understand and apply principles, procedures, requirements, regulations, and policies related to specialized business functions. Support and drive continuous improvement for process and procedures; ensure procedures are continually followed and updated Articulate and present complex or technical information clearly and effectively to stakeholders and/or non-technical colleagues, in both small and large group settings Oversee performance management by developing and coaching team. Be a strong talent evaluator with a focus on development of others to perform by providing ongoing feedback and by providing opportunities to learn through formal and informal methods Use subject matter expertise to review and enhance the control environment and identify and implement process improvements Build and maintain strong relationships with internal and external stakeholders to facilitate issue resolution, process improvements, and risk reduction. Take a lead role on department projects and initiatives Implement short and medium term strategies and ensure execution of divisional goals at a department level Oversee development of training plans and delivery to meet staff development targets Mitigate risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior Qualifications: Minimum 8 years of related experience Bachelor's degree (preferred) or equivalent experience Talents Needed for Success: Highlight the expected benefits of new actions and strategies to help others overcome fears of change Foster a culture where honesty and transparency are expected Proactively seek feedback from others on self-performance Ensure that regular feedback is given in a constructive and behaviorally oriented manner Support an environment where individuals are respected for their contributions 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.

Responsibilities

Oversee day-to-day processing activities, ensuring adherence to controls and compliance while managing exception resolutions. Build and maintain relationships with stakeholders to facilitate process improvements and risk reduction.