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 Underwriting Team, the Securities Operations Associate Director will be accountable for day-to-day running of the Underwriting department and collaborate with the management team to ensure all results are met.

Underwriting is the entry point for depository and book-entry transfer services at The Depository Trust Company (DTC). An eligible security is one that is freely tradable, qualified to be held at DTC, and serviced through DTC's electronic book-entry system.

In addition, the Securities Operations Associate Director will identify gaps in procedures and training, work with team leads to strengthen the control environment and improve the performance of the department, provide direction and guidance to team leads to ensure departmental communication is clear and reaches all team members, interact with partners and clients when appropriate to resolve processing issues and respond to client feedback, and lead department projects and initiatives and delegates tasks where appropriate to foster an environment of developing junior staff and providing opportunities for talent to grow.

Your Primary Responsibilities :

• Perform oversight of day-to-day processing activities including exception resolution, achievement of metrics and benchmarks, adherence to controls, audit follow-up, compliance, and risk management activities
• Make well-informed, effective, and timely decisions using available data; perceive the impact and implications of decisions and hold self and others accountable for measurable high-quality and timely results
• Understand and appropriately apply principles, procedures, requirements, regulations, and policies related to specialized business functions
• Support and drive continuous improvement for process and procedures; ensure that procedures are continually followed and updated
• Articulate and present technical information clearly and optimally to partners and / or non-technical colleagues in both small and large group settings
• Function as a strong talent evaluator with focus on development of others to perform and contribute to the organization by providing ongoing feedback and by providing opportunities to learn through formal and informal methods
• Use subject matter expertise to review and enhance the control environment, and identify and implement operational improvements
• Build and maintain strong relationships with internal and external partners to facilitate issue resolution, operational improvements, and risk reduction;

take a lead role on department projects and initiatives

• Implement short- and medium-term strategy and ensure execution of divisional goals on a department level
• Handle development of training plans and delivery to meet staff development targets

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

Qualifications :

• Minimum 8 years of related experience
• Bachelor's degree (preferred) or equivalent experience

Talents Needed For Success :

• Foster an environment where honesty and transparency are expected
• Stay informed on industry changes and seek out learning opportunities to ensure knowledge is up to date
• Invest effort to individually mentor junior staff
• Ensure expected quality standards are met consistently
• Minimize risks associated with departmental projects by observing established instructions and processes

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.

Last updated : 2024-05-21