IT Embedded Risk Associate Director

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 140,000 - 190,000; Full time

Benefits offered by this job

Hybrid work model

Health and life insurance

Pension / Retirement benefits

Paid Time Off and leaves

Job summary

The Depository Trust & Clearing Corporation (DTCC) seeks an Associate Director for IT Risk Management. You will support and conduct targeted IT risk assessments, manage risk and control self-assessments, and drive remediation efforts across complex IT environments.

You will lead cross‑functional collaboration with IT risk, security, and business teams, ensuring strong governance and audit readiness while supporting DTCC’s risk framework and policy implementation.

Qualifications

• Bachelor's degree or equivalent experience.
• 8+ years in risk management/ IT risk analysis and/or technical auditing.
• Experience leading IT risk assessments and RCSAs.

Responsibilities

• Support and conduct IT risk assessments and remediation activities.
• Lead risk and control self-assessments (RCSAs) and issue tracking.
• Produce IT risk reporting for senior management with KRIs and trends.
• Collaborate with IT risk, security, and business stakeholders to improve controls.

Skills

IT risk management

RCSA execution

risk reporting

root cause analysis

stakeholder engagement

cloud/cybersecurity awareness

Education

Bachelor's degree

Tools

GRC tools

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

Being a member of the IT ERM team the Associate Director is primarily responsible for 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 implement and support day-to-day IT risk management activities (such as risk and controls assessments), handle deadlines and collaborator 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 elevate 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 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.