Associate Director IT Embedded Risk

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 140,000 - 200,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health and life insurance

Pension / Retirement benefits

Paid Time Off

Job summary

A financial services organization based in Jersey City is seeking an IT ERM Associate Director responsible for conducting IT risk assessments and managing risk management activities. The ideal candidate will have over 8 years of experience in risk management and a Bachelor’s degree. You will work in a flexible hybrid model, with crucial responsibilities in maintaining IT risk frameworks and collaborating with various stakeholders to ensure effective risk management practices.

Qualifications

• Minimum of 8 years of related experience.
• Strong experience in risk analysis and technical auditing.
• Deep understanding of core IT processes and technologies.
• Strong ability to produce executive risk reporting with KRIs and trend analysis.

Responsibilities

• Support and conduct targeted IT risk assessments.
• Manage deadlines and stakeholder expectations.
• Maintain and enhance IT risk management framework.
• Collaborate with IT Risk Management, Information Security, and business leadership to communicate risks and mitigants.

Skills

Risk management analysis

Technical auditing

Quantitative analysis

IT quarterly risk reporting

Incident analysis

Education

Bachelor’s degree preferred

Job description

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

Being a member of IT FinSight Delivery team, An IT ERM Associate Director has primary responsibility of supporting and conducting targeted IT risk assessments as well as the analysis and remediation of risk items including policy deviations, risk acceptances, issues and actions.

The incumbent will execute and support day‑to‑day IT risk management activities (such as risk and controls assessments), manage deadlines and stakeholder expectations, and lead or participate in projects within assigned areas of responsibility.

In carrying these responsibilities, the incumbent must work collaboratively with the IT Risk Management team (including Management Control Testing and Center of Excellence functions), other risk & control functions (e.g., Internal Audit, Technology Risk Management), as well as with IT line management (1st line).

Your Primary Responsibilities

DTCC’s Information Technology (IT) Risk Management program is designed to identify, manage, measure and mitigate risks in all IT Capabilities.

• Maintaining and enhancing IT risk management framework. The framework is comprised of tools and processes to help DTCC:
• Identify new risks, changes in risk, or relationships between risks
• Monitor and escalate key matters of risk and control.
• Support IT management in maintaining a complete and accurate Process, Risk, and Control library
• Formulating, disseminating and administering IT risk management policy and procedures;
• Providing risk and control consultation and evaluations of control effectiveness to support/ evidence management awareness of the effectiveness of the control environment (i.e., assist management in issue self‑identification)
• Liaising with Technology Risk, Information Security, Technology Centers of Excellence and with other subject matter experts within the organization to ensure that risks and appropriate mitigants are identified and communicated throughout the organization.

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

Qualifications

• Minimum of 8 years of related experience
• Bachelor’s degree preferred and/or equivalent experience

Talents Needed For Success

• 8+ years of experience in risk management/ analysis and/or technical auditing/ examination
• Demonstrated experience leading and executing IT Risk and Control Self‑Assessments (RCSAs), including risk identification, inherent and residual risk assessment, control design evaluation, and challenge of risk ratings.
• Strong experience producing IT quarterly risk reporting for senior management, including aggregation of risk themes, trend analysis, key risk indicators (KRIs), and concise executive‑level commentary.
• Proven ability to define, analyze, and interpret IT risk metrics, with solid quantitative and analytical skills to assess control effectiveness, risk trends, and out‑of‑tolerance conditions.
• Deep understanding of core IT processes and technologies (e.g., application development, infrastructure, cloud, cybersecurity, resiliency, change management) and how process failures translate into operational and regulatory risk.
• Experience designing and executing risk assessments across complex IT environments, including scoping, evidence evaluation, stakeholder interviews, and synthesis of findings into actionable risk insights.
• Strong business acumen, with the ability to understand supported business areas, critical services, and client impacts, and to align IT risk assessments to business priorities and outcomes.
• Hands‑on experience analyzing IT asset inventories (applications, infrastructure, platforms, data assets) and extrapolating risk findings across portfolios, capabilities, and business lines to identify systemic issues.
• Demonstrated expertise in incident analysis and root cause analysis, including evaluation of technology incidents, control failures, and near‑misses to inform risk assessments, corrective actions, and risk reporting.
• Ability to challenge effectively and independently, partnering with IT, risk, and business stakeholders while maintaining strong governance, documentation standards, and audit readiness.

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.