Operational Risk Associate

DTCC • Coppell, TX

1d • 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'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.

Operational Risk and Resilience, ORR establishes protocols for analyzing,
reporting, escalating, and mitigating operational risks. Ops Risk works with
business unit management and support functions to help them manage their
operational risk exposures. Operation Risk establishes protocols for analyzing,
reporting, escalating, and mitigating operational risks. Operational Risk works
with management and support functions to help them manage their operational risk
exposures.

Requirements

• Minimum of 3 years of related experience
• Bachelor's degree preferred or equivalent experience
• Knowledge of market and operational risk standards
• Strong analytical, critical thinking, and problem-solving skills with keen attention to detail.
• Excellent presentation, verbal, and written communication skills.
• Commitment to honesty, transparency, and continuous learning.
• Collaborative approach and open communication within and across teams.

Responsibilities

• Perform QC and management control testing on Financial and Operational Risk reports, verifying accuracy and consistency with DTCC policies and procedures.
• Execute testing procedures: define strategy, select samples, document results, produce reports, track remediation, escalate issues, and conduct ongoing program assessments.
• Conduct quality assurance reviews for surveillance processes and targeted ad hoc reviews, recommending process improvements.
• Validate controls and reports, reconciling discrepancies with control owners and management.
• Produce and maintain reporting and metrics for both internal and external stakeholders. Analyze, interpret, and present data to internal team. Recommend suggestions for improvements.
• Possess strong knowledge of processes across functional areas within the team. Provides training and guidance to more junior staff.
• Build and maintain strong relationships with internal and external stakeholders. Facilitate operational risk activities and collaborate to enhance processes.
• Demonstrate effective written and verbal communication skills, active engagement in meetings and thought leadership. Provide guidance to internal stakeholders on processes and address issues and inquiries timely.
• Aligns risk and control processes into day-to-day responsibilities to monitor and mitigate risk; escalates appropriately

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: Mid Level
• Number of Employees: 1,001-5,000 employees