Asset Services Transformation Lead Executive Director

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 203,000 - 304,000; Full time

Job summary

A leading financial corporation is seeking an Executive Director for Asset Services Transformation. This role focuses on redefining asset service delivery and collaborating with cross-functional teams to drive innovation and efficiency in operations. Candidates should have extensive experience in leadership, asset servicing, and transformation initiatives.

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 in asset servicing, custody, or capital market operations.
• Proven track record in complex change initiatives in a regulated environment.
• Excellent communication skills at C-suite/Board level.

Responsibilities

• Lead transformation strategy with Product and Technology for operational optimization.
• Collaborate with teams to co-create future Asset Services product and operating model.
• Inspire teams through complex change programs and represent DTCC globally.

Skills

Leadership

Asset Servicing

Transformation Initiatives

Stakeholder Management

Operational Excellence

Education

Bachelor's degree or equivalent experience

Job description

Join to apply for the Asset Services Transformation Lead Executive Director role at The Depository Trust & Clearing Corporation (DTCC)

Join to apply for the Asset Services Transformation Lead Executive Director role at The Depository Trust & Clearing Corporation (DTCC)

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.

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.

Seniority level

• Seniority level

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

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