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).

The impact you will have in this role:

Being a member of the Fixed Income Clearance and Settlement Operations Team, the Director will provide direction, oversight of processing activities, achievement of metrics and benchmarks, division rules and member support, and adherence to controls and risk management activities with respect to the fixed income marketplace. FICC Operations provides operational support for the Government Securities and Mortgage-backed Securities divisions of FICC focusing on trade capture, comparison, netting, allocation, and settlement services to the mortgage-backed and government securities market thus providing operational efficiency to this high dollar value marketplace. In addition, the Clearance & Settlement Director will develop and implement long term strategy and ensure execution of strategic goals at a divisional level.

Your Primary Responsibilities:

• Enhanced crisis management/risk mitigation skills; ability to take decisive and corrective action both short and long term. Use subject matter expertise to review and enhance the control environment, and identify and implement operational improvements
• Serve as primary point of contact for audits and other risk management activities, including accountability for results, and oversee responses and action plans as applicable; ensure compliance with final recommendations/action plans
• Provide strategic direction related to the design, development, and maintenance of procedures. Ensure that procedures are continually followed and updated as new products or services are introduced
• Communicate effectively to a high stakes audience, functional areas, and internal partners. Adapt style based on audience and clearly articulate complex or technical information in a way that is easily understood by recipients
• Build and maintain relationships with key partners internally (cross-GBO colleagues, Product Management, Application Development) and externally (participants, clearing bank, industry groups)
• Effectively manage a multi-site and diverse workforce. Strong talent evaluator with focus on development of others to perform by providing ongoing feedback. Set development goals and hold management team accountable to attain them
• Possess an in-depth understanding of business line products and service offerings, financial securities, how they are structured, and how they are processed at DTCC, with a specialization in mortgage-backed securities
• Ensure performance against departmental benchmarks and other metrics based on divisional and corporate standards. Ability to establish business targets to increase efficiency and reduce risk
• Own and participate in department level projects. Contribute to programs involving major system improvements or redesigns and work with Project Directors, IT, and Product Management to ensure systems meet operational quality and processing standards
• Mitigate 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:

• Minimum 10 years of related experience in fixed income products, allocations, and settlements - with mortgage-backed experience being highly preferred
• Bachelor's degree (preferred) or equivalent experience 

Talents Needed For Success:

• Knowledge of the intricacies of the mortgage-backed securities market is required
• Encourage teams to constructively challenge established views
• Inspire different approaches or ways of working
• Present information clearly in writing and orally in larger group settings
• Convince others on key topics by presenting persuasive arguments and alternative approaches
• Set an example for others by personally embracing change; build ownership for change by allowing others to lead change initiatives

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.