Asset Services Transformation Lead Executive Director

DTCC; Jersey City (NJ); Hybrid; USD 150,000 - 220,000; Full time

Job summary

DTCC seeks an Executive Director, Asset Services Transformation Lead to drive modernization and innovative solutions in Asset Services. The role involves strategic transformation, leadership, and client engagement, fostering an inclusive culture that values diverse perspectives. The position offers a competitive salary and flexible working conditions.

Benefits

Competitive compensation including base pay and annual incentive

Comprehensive health and life insurance

Pension / Retirement benefits

Paid Time Off and Personal/Family Care

Flexible/hybrid working model

Qualifications

• Minimum of 15 years of related experience.
• Proven track record in leading complex transformation initiatives.

Responsibilities

• Lead the transformation strategy with Product and Technology.
• Inspire high-performing cross-functional teams through complex change programs.
• Build deep relationships with clients and regulators.

Skills

Leadership

Stakeholder Management

Communication

Strategic Thinking

Change Management

Education

Bachelor's degree preferred

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.

Enterprise Services comprises of multiple business platforms including Client Services, Business Operations, Business Architecture, Data Strategy and Analytics, and Digital Services, which report into the Chief of Enterprise Services. These grouped platforms enable the business to optimize delivery for clients, generate efficiencies and resilience, and enable consistency in the business digitization strategy, processes and end-to-end standard methodologies.

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:
The Executive Director, Asset Services Transformation Lead, will play a pivotal role in the modernization of our Asset Services Platform. This role is central to redefining how we deliver Asset Services, aligning closely with our Product and Technology teams to create innovative, client-centric solutions that transform traditional operations and set new standards for the industry. The role will report directly to the Chief of Enterprise Services.
Your Primary Responsibilities:

Strategic Transformation

• Lead the transformation strategy with Product and Technology within the broader modernization program, ensuring alignment to Enterprise Service goals and operational optimization.
• Collaborate with Product, Technology and Operations teams to co-create the future state Asset Services product and operating model.
• Champion automation, digitization, and innovation to enhance scalability, resilience and client value.

Leadership & Change

• Inspire high-performing cross-functional teams through complex change programs.
• Serve as a leader with vision and subject matter expert on industry trends, regulatory changes and emerging risks that impact Asset Services.

Client & Market Engagement

• Build deep relationships with clients, industry bodies, and regulators to shape and deliver market-led solutions.
• Represent DTCC in global forums to advocate for efficient, transparent, and secure asset servicing standards.

Operational Excellence

• Identify and deliver operational efficiencies while ensuring risk, compliance, and control frameworks are robust.
• Reimagine and define core processes to deliver differentiated value to clients, emphasizing scalability, automation and user experience.

Talent & Team Development

• Drive a culture of innovation by challenging legacy thinking and advocating for fresh solutions to solve complex business challenges.
• Champion and inclusive culture where people thrive and deliver their best work at pace.

Fosters a risk management culture through implementation and demonstration of processes and procedures which identify and mitigate risk

Qualifications:

• Minimum of 15 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

• 15+ years’ leadership experience in asset servicing, custody, or capital market operations
• Proven track record in leading complex transformation initiatives in a regulated environment
• Deep expertise in corporate actions, income processing and related functions
• Strong strategic mentality with commercial and operational savvy
• Demonstrated leadership in developing talent and building resilient teams
• Excellent stakeholder management and communication skills at C-suite/Board level
• Comfortable navigating ambiguity, leading change and influencing across the enterprise

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.