Third Party Risk Associate (Mid Shift)

Depository Trust & Clearing Corporation; Makati; On-site; PHP 600,000 - 900,000; Full time

Benefits offered by this job

Health and life insurance

Pension / Retirement benefits

Paid Time Off and personal/family care

Job summary

DTCC, a global post-trade market infrastructure provider, is seeking a risk management professional to support Third Party risk processes. The role involves assessments, monitoring activities, and coordinating with internal teams to strengthen risk controls.

The candidate will work within a hybrid model with onsite and remote work options, while ensuring timely reporting and stakeholder collaboration. A 4+ year background in risk management is preferred.

Qualifications

• Minimum of 4 years related experience.
• Bachelor's degree preferred or equivalent experience.
• Must be amenable to work 5pm to 2am shift.

Responsibilities

• Execute to meet team and department goals and track metrics.
• Perform Third Party Risk assessments and monitoring activities.
• Produce and maintain reporting and metrics for stakeholders.
• Possess strong knowledge of processes across functional areas.
• Build strong relationships with internal and external stakeholders.
• Demonstrate effective written and verbal communication; provide guidance on processes.

Skills

Third Party Risk

Risk Assessments

Reporting

Data Analysis

Stakeholder Management

Education

Bachelor's degree or equivalent experience

Job description

Job 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).

Operation Risk Management, ORM establishes protocols for analyzing, reporting, escalating, and mitigating operational risks. Ops Risk works with the business unit management and support functions to help them manage their operational risk exposures. Third Party Risk (TPR) establishes the Third Party Risk Management framework for the organization. TPR identifies, assesses and mitigates the risks that Third Parties pose to the organization through risk assessments, due diligence reviews, and implementation of ongoing monitoring requirements for Critical and High-rated Third Parties.

The Impact you will have in this role

Operation Risk Management, ORM establishes protocols for analyzing, reporting, escalating, and mitigating operational risks. Ops Risk works with the business unit management and support functions to help them manage their operational risk exposures. Third Party Risk (TPR) establishes the Third Party Risk Management framework for the organization. TPR identifies, assesses and mitigates the risks that Third Parties pose to the organization through risk assessments, due diligence reviews, and implementation of ongoing monitoring requirements for Critical and High-rated Third Parties.

Your Primary Responsibilities

• Execute to meet team and department goals. Track key metrics used for management reporting of Third Party risk processes while working at mastering knowledge of process. Suggest improvements to processes to increase efficiencies.
• Perform Third Party Risk assessments and monitoring activities and assist with the development and implementation of Third Party Risk Management frameworks. Assist with special projects.
• Produce and maintain reporting and metrics for both internal and external stakeholders. Analyze, interpret, and present data to internal team. Recommend suggestions for improvements.
• Possess strong knowledge of processes across functional areas within the team.
• Build strong relationships with internal and external stakeholders. Facilitate third party risk activities and collaborate to enhance processes.
• Demonstrate effective written and verbal communication skills, active engagement in meetings and thought leadership. Provide guidance to internal stakeholders on processes and address issues and inquiries timely.
• Provide technical subject matter expertise for Third Party risk assessments, where appropriate.
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately

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

Qualifications

• Minimum of 4 years of related experience
• Bachelor's degree preferred or equivalent experience
• Must be amenable to work 5pm to 2am Shift

Talents Needed for Success

• Fosters a culture where honesty and transparency are expected.
• Stays current on changes in his/her own specialist area and seeks out learning opportunities to ensure knowledge is up-to-date.
• Collaborates well within and across teams.
• Communicates openly with team members and others.
• Resolves disagreements between colleagues effectively, minimizing the impact on the wider team.

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

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 is truly one of a kind.

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About the Team

Our Business Continuity & Resilience team is responsible for preparing the organization to respond to events that interrupt business so that critical business functions continue within specified regulatory timeframes. Critical functions are broadly defined as activities that directly and indirectly serve clients, protect assets and records, and maintain DTCC's reputation.