Market Risk Associate

The Depository Trust & Clearing Corporation (DTCC); Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

The Depository Trust & Clearing Corporation (DTCC) is seeking to strengthen its Market Risk capability within FICC. The role centers on monitoring daily margin calculations and managing market and liquidity risk arising from trades and settlement activities.

You will work with teams across Counterparty Credit Risk, Liquidity Risk, Operations, and Quantitative Risk to identify, analyze, and mitigate potential risks while educating clients on risk management tools and initiatives.

Qualifications

• Minimum of 4 years of related experience
• Bachelor's degree preferred or equivalent experience

Responsibilities

• Perform day to day functions contained in the procedures such as researching significant increases in margin requirements, supervising trading patterns of member firms, liquidity usage, etc.
• Develop a strong understanding of clients’ business and risk profiles to serve as a point of contact for risk related support and inquiries.
• Mitigates risk by following established procedures, identifying and advancing emerging risks, and demonstrating strong ethical behavior.
• Collaborates with cross functional teams including Counterparty Credit Risk, Liquidity Risk, Operations, Quantitative Risk, Relationship Management to bolster risk management practices.
• Educate clients on risk management tools and initiatives.
• Aligns risk and control processes into day to day responsibilities to supervise and mitigate risk; advances appropriately

Job description

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and encouraging 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 crafting a workplace that looks like the world that we serve.

Market Risk is a key driver of new business initiatives, with additional responsibilities overseeing risk systems design and continuous improvements, and ensuring compliance with Risk Management policies and procedures.

The Impact You Will Have In This Role

Market Risk for Fixed Income Clearing Corporation (FICC) is responsible for the monitoring of daily margin calculations and managing market and liquidity risk exposures arising from trade execution and settlement activities.

Team members are responsible for understanding margining methodologies, maintaining a keen understanding of financial markets and client profiles, and effectively collaborating with other DTCC teams to identify, analyze, and mitigate potential risks and safeguard the financial market in which DTCC plays a pivotal role.

Your Primary Responsibilities

• Perform day to day functions contained in the procedures such as researching significant increases in margin requirements, supervising trading patterns of member firms, liquidity usage, etc.
• Develop a strong understanding of clients’ business and risk profiles to serve as a point of contact for risk related support and inquiries.
• Mitigates risk by following established procedures, identifying and advancing emerging risks, and demonstrating strong ethical behavior.
• Collaborates with cross functional teams including Counterparty Credit Risk, Liquidity Risk, Operations, Quantitative Risk, Relationship Management to bolster risk management practices.
• Educate clients on risk management tools and initiatives.
• Aligns risk and control processes into day to day responsibilities to supervise and mitigate risk; advances appropriately

Qualifications

• Minimum of 4 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed For Success

• Fosters a culture where integrity and transparency are expected.
• Stays current on changes in their own specialist area and seeks out learning opportunities to ensure knowledge is up-to-date.
• Collaborates well within and across teams.
• Communicates openly with team members and others.
• Resolves disagreements between colleagues effectively, minimizing the impact on the wider team.

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.