Risk Digital Assets Associate Director

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

Benefits offered by this job

Base pay and annual incentive

Health and life insurance

Pension / Retirement benefits

Paid Time Off and family care

Hybrid onsite 3 days / remote 2 days

Job summary

DTCC is seeking a strategic and hands-on Risk Manager to lead risk initiatives around digital assets and tokenized markets. You will shape risk frameworks, work cross-functionally, and enable innovation while protecting the clearing ecosystem in a regulated environment.

The role focuses on digital asset clearing, crypto-collateral, and distributed ledger-based settlement, with a strong emphasis on regulatory engagement and enterprise risk management.

Qualifications

• 5+ years of experience in financial risk management, clearing operations, fintech infrastructure, or crypto asset markets.
• Bachelor’s degree preferred; master’s or professional certification (e.g., FRM, CISA, CAMS) a plus.

Responsibilities

• Identify and assess risks for digital asset initiatives incl. custody, tokenization, and settlement.
• Develop risk frameworks for credit, liquidity, operational, cyber, and model risk.
• Support onboarding of digital asset participants and assess their risk to the ecosystem.
• Collaborate with tech, legal, compliance, operations, and product teams to embed risk considerations.
• Develop KRIs, limits, and reporting for digital asset exposures and third-party providers.

Skills

Risk management

Digital assets

Credit risk

Liquidity risk

Compliance

Education

Bachelor's degree

FRM/CAMS certifications

Tools

Regulatory reporting tools

ISO 20022 knowledge

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’re 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.

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).

DTCC, a technology‑propelled clearinghouse at the forefront of capital market infrastructure innovation, is seeking a strategic and hands‑on Risk Manager to lead risk initiatives related to digital assets and tokenized markets. This role will support the safe and controlled expansion of our digital clearing and settlement capabilities—helping to shape the next generation of financial infrastructure. You will work cross‑functionally to build and implement risk frameworks aligned with regulatory standards, member protection, and enterprise risk tolerance, while enabling innovation in areas such as tokenized asset clearing, crypto‑collateral acceptance, and distributed ledger‑based settlement solutions.

Your Primary Responsibilities

• Identification and assessment of risks for digital asset clearing initiatives— including new product offerings, digital custody models, smart contract‑based workflows, and blockchain settlement rails.
• Contribute to fit‑for‑purpose risk frameworks for digital asset products and services across credit, liquidity, operational, cyber, and model risk.
• Support the onboarding of novel participants (e.g., digital asset custodians, decentralized platforms) and assess their risk to the clearing ecosystem.
• Collaborate with technology, legal, compliance, operations, and product teams to ensure that risk considerations are embedded throughout development and execution.
• Develop and maintain key risk indicators (KRIs), limits, and reporting for digital asset exposures, blockchain platform dependencies, and third‑party technology providers.
• Support regulatory engagement and internal/external audits related to digital asset risk oversight, including under CFTC, SEC, and other applicable regulatory frameworks.
• Contribute to scenario analysis and recovery/wind‑down planning involving digital asset disruptions, cyber events, or collateral shortfalls.
• Stay informed on evolving market structure, standards (e.g., ISO 20022, smart contract standards), and global regulatory trends in tokenized asset clearing.
• Mitigates risk by following established procedures, spotting key errors and demonstrating strong ethical behavior.

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

Qualifications

• 5 years of relevant experience in financial risk management, clearing operations, fintech infrastructure, or crypto asset markets.
• Bachelor’s degree preferred or equivalent experience; master’s or professional certification (e.g. FRM, CISA, CAMS, blockchain certifications) a plus.

Talents Needed For Success

• Deep understanding of clearinghouse risk frameworks (e.g., CCP credit and liquidity risk models, default management, margin methodologies) and how they apply to digital assets.
• Familiarity with blockchain protocols, collateral management, digital custody, tokenized securities, and stablecoin mechanics.
• Demonstrated ability to bridge innovation and risk management, especially in a regulated, member‑focused environment.
• Strong written and verbal communication skills with experience addressing and presenting to committees, auditors, or regulators.

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.