IT Risk Management Associate

Embedded Risk Associate

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.  

The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance.

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:

• An IT ERM Senior Associate has primary responsibility for:
• maintaining and enhancing IT management’s process, risk, and control (PRC) inventory, supporting documentation, mapping and alignment (e.g., to regulations)
• supporting IT management’s timely response to, and remediation of, risk and control tasks which is a key indicator of IT management demonstrating an effective Risk Mindset
• proactively identifying issues, performing root causes analysis of incidents, and assessing incidents and new initiatives for impact against enterprise risk frameworks
• facilitating internal (e.g., internal audits, business continuity assessments) and external (e.g., regulatory examinations) reviews. 
• In carrying out these responsibilities, the incumbent must work collaboratively with the IT Risk Management team, other risk & control functions, as well as with IT line management. 
• Primary Responsibilities:
• Support efforts to identify and manage risk within Enterprise Product and Platform Engineering (EPPE)
• Develop and strengthen relationships with IT partners and control evaluation functions across the 3 lines of defense 
• Develop, communicate and ensure adherence to department risk policies, standards, procedures and best practices;
• Demonstrate and embed the behaviors and competencies that create a risk management mindset in your organization;
• Support, and eventually lead, risk management activities including review of policy and procedure documents for alignment with controls, adherence to Compliance requirements and best practices
• Become a central point of contact for risk and compliance items throughout the EPPE organization

• Gathering, preparing, and reviewing inputs into reporting (e.g., metrics, inherent risk assessments)

  Qualifications:

• 3-5 years experience as an IT risk and control professional within a Big 4 accounting firm, financial service industry, or equivalent.
• Leading discussions with key stakeholders and staff to collect information requests.
• Experience conducting control testing, including issue remediation testing
• Familiarity with process mapping and control identification along with data collection and analytic skills

Talents Needed for Success

• Excellent analytical and problem-solving skills
• Excellent verbal and written communication skills
• Strong technology background with exposure to IT platforms and technologies including databases, networking, cloud environments, container platforms a plus
• Strong IT general control background with exposure to change and release management processes and controls;  understanding of key segregation of duty risks; familiarity with functional and non-functional testing (e.g., resiliency testing)
• Demonstrated ability to work pro-actively with all levels of management and staff
• Highly motivated, detail-oriented, self-starter, who can set priorities, take initiative and work both independently and proactively in a dynamic team environment;
• Ability to work under pressure, multitask and be flexible;
• Ability/willingness to meet aggressive deadlines and objectives;
• Excellent inter-personal skills with a highly developed customer service orientation, and ability to work effectively with all levels of internal staff, and external contacts;
• Strong planning and project management skills;
• Strong process mapping and data collection and analysis skills 

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 based on 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

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.

DTCC proudly supports Flexible Work Arrangements favoring 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.

Learn more about Clearance and Settlement by clicking here.

Experience Level

Mid Level