Associate Director IT Embedded Risk
About The Position
The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance. Being a member of IT FinSight Delivery team, the IT ERM team the Associate Director is primarily responsible for supporting and conducting targeted IT risk assessments as well as the analysis and remediation of risk items including policy deviations, risk acceptances, issues and actions. The incumbent will implement and support day-to-day IT risk management activities (such as risk and controls assessments), handle deadlines and collaborator expectations, and lead or participate in projects within assigned areas of responsibility. In carrying these responsibilities, the incumbent must work collaboratively with the IT Risk Management team (including Management Control Testing and Center of Excellence functions), other risk & control functions (e.g., Internal Audit, Technology Risk Management), as well as with IT line management (1st line).
Requirements
- Minimum of 8 years of related experience
- Bachelor's degree preferred and/or equivalent experience
- 8+ years of experience in risk management/ analysis and/or technical auditing/ examination
- Demonstrated experience leading and executing IT Risk and Control Self-Assessments (RCSAs), including risk identification, inherent and residual risk assessment, control design evaluation, and challenge of risk ratings.
- Strong experience producing IT quarterly risk reporting for senior management, including aggregation of risk themes, trend analysis, key risk indicators (KRIs), and concise executive-level commentary.
- Proven ability to define, analyze, and interpret IT risk metrics, with solid quantitative and analytical skills to assess control effectiveness, risk trends, and out-of-tolerance conditions.
- Deep understanding of core IT processes and technologies (e.g., application development, infrastructure, cloud, cybersecurity, resiliency, change management) and how process failures translate into operational and regulatory risk.
- Experience designing and executing risk assessments across complex IT environments, including scoping, evidence evaluation, stakeholder interviews, and synthesis of findings into actionable risk insights.
- Strong business acumen, with the ability to understand supported business areas, critical services, and client impacts, and to align IT risk assessments to business priorities and outcomes.
- Hands-on experience analyzing IT asset inventories (applications, infrastructure, platforms, data assets) and extrapolating risk findings across portfolios, capabilities, and business lines to identify systemic issues.
- Demonstrated expertise in incident analysis and root cause analysis, including evaluation of technology incidents, control failures, and near-misses to inform risk assessments, corrective actions, and risk reporting.
- Ability to challenge effectively and independently, partnering with IT, risk, and business stakeholders while maintaining strong governance, documentation standards, and audit readiness.
Responsibilities
- Supporting and conducting targeted IT risk assessments.
- Analysis and remediation of risk items including policy deviations, risk acceptances, issues and actions.
- Implement and support day-to-day IT risk management activities (such as risk and controls assessments).
- Handle deadlines and collaborator expectations.
- Lead or participate in projects within assigned areas of responsibility.
- Work collaboratively with the IT Risk Management team (including Management Control Testing and Center of Excellence functions), other risk & control functions (e.g., Internal Audit, Technology Risk Management), as well as with IT line management (1st line).
- Maintaining and enhancing IT risk management framework.
- Identify new risks, changes in risk, or relationships between risks.
- Monitor and escalate key matters of risk and control.
- Support IT management in maintaining a complete and accurate Process, Risk, and Control library.
- Formulating, disseminating and administering IT risk management policy and procedures.
- Providing risk and control consultation and evaluations of control effectiveness to support/ evidence management awareness of the effectiveness of the control environment (i.e., assist management in issue self-identification).
- Liaising with Technology Risk, Information Security, Technology Centers of Excellence and with other subject matter experts within the organization to ensure that risks and appropriate mitigants are identified and communicated throughout the organization.
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.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
Associate degree
