What are the responsibilities and job description for the Risk Digital Assets Director position at The Depository Trust & Clearing Corporation (DTCC)?
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 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 creating a workplace that looks like the world that we serve.
Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.
Pay And Benefits
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
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 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 creating a workplace that looks like the world that we serve.
Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.
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
- Lead risk identification and assessment for digital asset clearing initiatives—including new product offerings, digital custody models, smart contract-based workflows, and blockchain settlement rails.
- Design and oversee 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.
- 5–8 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.
- 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 DLT protocols, 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.
