Associate Director IT Embedded Risk

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 140,000 - 210,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health and life insurance

Pension / Retirement benefits

Paid Time Off and Personal/Family Care

Flexible/hybrid work model

Job summary

A financial services organization in Jersey City is seeking an experienced IT Risk Management Associate Director responsible for risk management activities and audit support. The ideal candidate will possess at least 8 years of experience, a bachelor's degree, and effective communication skills. This role offers competitive compensation and a flexible work model with both onsite and remote options.

Qualifications

• Minimum of 8 years of related experience.
• Knowledge of Risk Management Principles and critical thinking.
• Experience managing integrated audits end to end.

Responsibilities

• Submit continuous improvements requests.
• Participate in domain initiatives and projects.
• Coordinate process reviews for exams and audits.
• Perform Management Control Testing.
• Support the Process, Risks and Controls framework.
• Contribute to developing Management Self-Identified issues and manage the Issue Management process.
• Perform Management Control Testing to assess design and effectiveness and document results.
• Review standards, policies, and procedures and perform rationalization to minimize duplicative guidelines.
• Participate in issue sustainability assessments to prevent repeat issues.
• Support the PRCs framework by identifying control improvements.
• Develop plans and execute on strategic priorities for the department.
• Contribute to Center of Excellence by developing guidance to improve Ways of Working.

Skills

Experience in IT and / or Financial Services

Effective Communication Skills

Good Time Management Skills

Knowledge of IT General Controls

Knowledge of FinTech and Blockchain

Can-do attitude

Internal Audit certification

Education

Bachelor's degree or equivalent experience

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.

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

The IT Risk Management Associate Director provides Exam, Audit support (external and internal) in addition to supporting other Engagements (external and internal). The IT Risk Manager participates in risk management activities (i.e. Management Control Testing, Controls Rationalization Reviews), and partners with the project management office function, Tribe and Squads from inception to completion, to effectively assess and manage internal controls. The IT Risk Management Associate Director supports departmental initiatives and projects by coordinating activities, with the IT subject matter experts and the business risk management team to help drive process improvement. This position is highly visible and will support all levels of management, including junior team members, to help achieve goals and objectives. The IT Risk Management Associate Director must possess excellent communications skills, both written and verbal, have a strong work ethic, and an inquisitive mind and support department strategic priorities including planning and execution.

Key Responsibilities (not a comprehensive)

• Submit continuous improvements requests to the Continuous Improvement Review Team
• Participate in domain initiatives / projects – provides governance and process support to the domain while helping to ensure adherence to internal system development processes
• Teamwork – partners with other IT Risk Managers to identify best practices and monitors adheres to standard processes
• Documentation – coordinates process reviews for exams, audits and engagements to monitor and assess controls using the Process Risks and Controls (PRC) Framework
• Partners with control functions and other IT Risk Managers to support all relevant audits and engagements.
• Contribute to the development of Management Self-Identified issues and manages the Issue Management process including reporting for the domain
• Performs Management Control Testing to assess control design and effectiveness and document results
• Review standards, policies, and procedures and performs a rationalization assessment to minimize duplicative guidelines.
• Participate in issue sustainability assessments to prevent repeat issues
• Support the Process, Risks and Controls framework by identifying control improvements
• Develop plans and execute on strategic priorities for the department
• Actively contributes to the Center of Excellence by developing guidance to improve Ways of Working

Qualifications

• Minimum of 8 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed For Success

• Experience in IT and / or Financial Services;
• Familiarity with software development or equivalent experience is preferred
• Effective Communication Skills (oral and written)
• Good Time Management Skills
• Knowledge of IT General Controls and Application Controls and audit principles
• Knowledge of FinTech, Blockchain technology, and Smart Contracts technology
• Possess a can-do attitude and have an inquisitive mindsetKnowledge of Risk Management Principles and critical thinking
• Experience managing integrated audits end to end
• Posses a good work ethic and have a willingness to learn and execute the big picture
• Possess an Internal Audit certification or in a related field

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.