Business Aligned Compliance Executive Director

DTCC • Tampa, FL

3d • Hybrid

About The Position

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.

The General Counsel's Office is a valued, trusted and responsive partner within
DTCC. The team promotes and protects the best interests of the DTCC family of companies by creating and facilitating solutions and providing guidance on legal and regulatory matters.

Requirements

• Minimum of 15 years of related experience
• Bachelor's degree preferred or equivalent experience
• Strong knowledge of clearing agencies and regulatory environments
• Knowledge of banking and securities laws including Standards for Covered Clearing Agencies
• Excellent listening and communication (oral and written) skills to effectively interface with all levels of leadership
• A highly organized and disciplined individual able to effectively develop as well as manage and influence a team of experienced professionals across a global organization

Nice To Haves

• Knowledge of both domestic and global markets preferred

Responsibilities

• Develop and maintain a comprehensive understanding of applicable laws and regulations applicable to the covered Business areas, as well as requirements and resulting controls that enable compliance.
• Evaluate Business related compliance requirements and readiness for any new initiative or business venture
• Monitor for new or changing regulations and assess the Business’s readiness for compliance.
• Develop and maintain a risk-based continuous evaluation of existing processes and related controls to challenge adequacy relative to the existing regulations and best practices
• Work with applicable areas to develop action plans for development and enhancement of compliance controls and provide ongoing support and monitoring of the implementation of those controls
• Support Regulatory Relations, GCO and Business areas in regulatory examinations, inspections and inquiries.
• Advance DTCC’s response time to address compliance gaps or weaknesses
• Monitor regulatory trends and actions to proactively anticipate future areas of regulatory focus
• Working in partnership with Compliance Risk Assessment and Testing, monitor key inherently high-risk compliance requirements and the design and effectiveness of the processes, controls, and metrics within DTCC Businesses related to compliance with regulatory requirements (e.g. CCAS, Reg SCI, etc.)
• Monitor DTCC Policies and Procedures to maintain compliance with key regulations and identify and address any gaps or inconsistencies and test/monitor for adherence to key controls
• Communicate key Compliance program statuses, issues, and escalation of key risks via maintenance and production of Board, Committee and Management reporting of compliance program effectiveness, issues, risk tolerances, operational risk profiles and key metrics
• Support and monitor ongoing staff education and development in effective risk management
• Serve as key member of compliance management team globally, including compliance with all applicable global regulations and guidance
• Oversee teams’ partnership with the Businesses, Legal department and other second line control. Serve as a senior liaison on cross-functional teams
• Partner with DTCC management to ensure that compliance programs and measures are aligned with the overall corporate compliance strategy (including programs related to legal review and risk initiatives)
• Fosters a risk management culture through implementation and demonstration of processes and procedures which identify and mitigate risk

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).

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 1,001-5,000 employees