Quantitative Finance Director

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 120,000 - 160,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health and life insurance

Pension / Retirement benefits

Flexible/hybrid work model

Job summary

A leading financial services company is seeking a Quantitative Finance Director in Jersey City, NJ to lead strategic financial initiatives and provide insights for decision making across the organization. The role encompasses collaboration with teams, financial analysis for strategic opportunities, and participation in budgeting processes. The ideal candidate has over 10 years of experience and a Bachelor's degree in Finance or a related field, along with strong analytical and leadership skills.

Qualifications

• Minimum of 10 years of related experience.
• Ability to operate with financial frameworks and techniques.
• Experience in guiding and influencing decisions.

Responsibilities

• Collaborate with teams to gather data and assumptions.
• Build quantitative financial analysis to support transactions.
• Provide strategic support through financial performance insights.

Skills

Strategic financial analysis

Collaboration with cross-functional teams

Industry research

Mergers & acquisitions expertise

Budgeting and forecasting

Education

Bachelor's degree in Finance or related field

Job description

Overview

Join to apply for the Quantitative Finance Director role at The Depository Trust & Clearing Corporation (DTCC).

Are you ready to make an impact at DTCC? If you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development, consider this opportunity. DTCC is at the forefront of innovation in the financial markets and is committed to helping employees grow and succeed.

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 Director of Quantitative Finance is an integral part of the Financial Planning & Analysis team in the CFO Organization. The role acts as a strategic business partner across the organization, providing timely and actionable information to enable sound business decision making and to assist senior management in completing our strategic objectives. This role partners with both business and functional team members to provide transparency into financial performance with speed and accuracy, acting as the analytical backbone of the company to provide insights and support for key business decisions. The role will act as an adviser to DTCC senior leaders on strategic business opportunities, mergers & acquisitions, divestitures and partnerships to deliver DTCC's corporate strategy. Reporting into the MD of Financial Planning and Analysis, the Director will partner with senior leaders across the firm to support strategic decision making. This role will primarily support the corporate and product strategy function(s) and will be critical in supporting the evaluation of business development opportunities. In this role, you will drive a standardized approach to quantitative financial analysis and for decision making, while partnering across the business and functions to understand our strategic priorities and to translate and evaluate the financial impact of new initiatives and/or business opportunities. Additionally, as part of the Financial Planning & Analysis team, you will also participate in the annual budgeting and quarterly forecasting processes, as well as contributing to the creation of materials and providing recommendations to influence strategic decisions.

Your Primary Responsibilities

• Collaborate with cross-functional teams to gather data and assumptions for financial model inputs, conduct industry and company research as needed, and present information succinctly to drive decision making.
• Build and develop a quantitative financial analysis discipline to support transactions, strategic business planning, operational modeling and to evaluate investment opportunities.
• Develop robust business proposals in support of the corporate strategy ensuring value and benefits are clearly articulated and measurable.
• Provide strategic support to business and functional heads through financial performance insights and evaluation of critical initiatives.
• Lead ad-hoc analyses and drive business decision making around topics such as client pricing, competitive analysis, new business opportunities, allocation of resources and more.
• Partner with corporate strategy and product strategy leads to develop strategic objectives and prepare ad-hoc analysis in support of new business opportunities, acquisitions or investments.
• Develop scenario planning capabilities to facilitate an ongoing strategy dialogue among DTCC's senior leaders; provide financial analysis for various scenarios (including potential M&A) and insights into potential disruptors impacting DTCC and the industry; partner cross-functionally for enterprise scenarios.
• Collaborate with key leaders across the organization to support organic and inorganic growth opportunities and ensure alignment with the corporate strategy.
• Manage strategy for future mergers and acquisitions (M&A).
• Support the annual budgeting and quarterly forecasting processes.
• Develop strategic relationships with senior executives and other key partners.
• Mitigate risk by following established procedures, spotting key errors and demonstrating strong ethical behavior.

Qualifications

• Minimum of 10 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed For Success

• Ability to operate both at a high level (summary/executive reporting and context-setting) and with technical depth within applicable academic finance frameworks and techniques.
• Professional finesse in guiding and influencing others in understanding complex situations and achieving success through well-informed decisions.
• Be a leader with vision and a trusted advisor who supports senior leadership across all functions and business areas.
• Inspire others across the organization to challenge established views to advance the organization’s strategic priorities.
• Strong executive presence, financial strategy development experience, research and analytical capabilities, storytelling and meeting facilitation skills with high-level leadership.
• Intellectually curious and tenacious with strong emotional and intellectual IQ, influencing skills, and courage to speak their mind.

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. DTCC is an equal opportunity employer and values diversity. 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

• Director

Employment type

• Full-time

Job function

• Finance and Sales