Full-Time
Project Management Analyst
Posted on 7/3/2025
DTCC
1,001-5,000 employees
Post-trade market infrastructure for finance
No salary listed
Entry
New York, NY, USA
Hybrid
3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
- Entry Level – internship experience highly preferred
- Bachelor's degree required
DTCC provides essential post-trade market infrastructure for the global financial services industry. It automates and standardizes the processing of financial transactions, which helps reduce risk and improve transparency and efficiency for broker/dealers, custodian banks, and asset managers. DTCC operates from 21 locations worldwide and offers services such as clearing, settlement, asset servicing, transaction processing, trade reporting, and data services across various asset classes. What sets DTCC apart from its competitors is its industry ownership and governance, which allows it to focus on simplifying complex processes while enhancing the resilience of financial markets. The company's goal is to drive efficiency and soundness in financial transactions while advancing the digital asset ecosystem.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1973
Simplify's Take
What believers are saying
- DTCC's extended clearing hours enhance liquidity and reduce counterparty risk.
- Strategic funding round shows strong industry confidence in DTCC's digital initiatives.
- Integration of ISDA's DRR into DTCC's GTR streamlines regulatory compliance.
What critics are saying
- Fnality integration may face technical and regulatory challenges, delaying progress.
- European T+1 settlement cycle transition is complex and costly for DTCC.
- Extended SIP operating hours require significant DTCC operational changes and costs.
What makes DTCC unique
- DTCC is a leader in post-trade market infrastructure globally.
- DTCC's collaboration with Fnality highlights its focus on digital asset integration.
- DTCC's experience with T+1 settlement cycle offers a competitive edge in Europe.
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Benefits
Health Insurance
Life Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Hybrid Work Options
Company News
ISDA is working with The Depository Trust & Clearing Corporation (DTCC) to integrate the ISDA DRR into DTCC's Global Trade Repository (GTR) MIFID/MIFIR Approved Reporting Mechanism (ARM).
In response to a recent announcement from The Securities Information Processors (SIP) Operating Committees indicating that they will submit an amendment to the U.S. Securities and Exchange Commission (SEC) to extend their operating hours to 8:00 pm ET Sundays to 8:00 pm ET Fridays, excluding holidays, with one technical pause taking place during each 24-hour period, DTTC‘s Val Wotton, Managing Director and General Manager, NSCC, DTC & DTCC Institutional Trade Processing, said, “We commend the SIP on their efforts to align around standard trading day hours. We will continue to work with SIFMA, regulators and the industry to support the alignment of extended trading hours and any required changes to post-trade processes. Extending clearing hours will deliver increased client value by maximizing liquidity and reducing counterparty risk as our equities clearing corporation, NSCC, will be able to apply its central counterparty guarantee to overnight activity across different time zones for global participants, further strengthening the safety and soundness of the markets.”On 18 March 2025, DTCC announced that its National Securities Clearing Corporation (NSCC) subsidiary will increase clearing hours to support extended trading with implementation targeted for Q2 2026, subject to regulatory review and approval of any necessary rule changes. Extending clearing hours will deliver increased client value by maximizing liquidity and reducing counterparty risk as NSCC will be able to apply its central counterparty guarantee to overnight activity across different time zones for global participants
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Talia Klein (pictured) as Managing Director and Head of DTCC's Wealth Management Services.
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Talia Klein (pictured) as Managing Director and Head of DTCC’s Wealth Management Services.Klein will oversee the firm’s Wealth Management Services organization, with responsibility for DTCC’s Mutual Fund offerings, Insurance and Retirement Services and Alternative Investment Products. As a member of DTCC’s Clearing & Securities Services management team, she will play a pivotal role in driving the centralization and automation of processing and information services to mitigate risk, reduce cost and deliver greater operational efficiencies to the firm’s clients and across the industry.For over a decade, Talia Klein has developed innovative solutions that meet the evolving needs of wealth managers and institutional investors. Prior to DTCC, she served as BNY’s Head of Tokenization where she spearheaded the development of the firm’s digital asset product suite, including the launch of the Digital Asset Custody platform. Prior to BNY, Klein held several product management roles at JPMorgan Chase and at blockchain startup, Digital Asset Holdings, where she developed market-leading collateral management systems using blockchain technology.“Talia’s appointment reinforces DTCC’s ongoing commitment to serve and advance the wealth industry. Her proven experience forging industry partnerships and strengthening relationships will deliver increased client value and drive business growth. Additionally, her extensive digital assets experience reinforces the firm’s commitment to the space, including its potential application across our clearing and securities services businesses,” said Brian Steele, Managing Director, President, Clearing & Securities Services at DTCC
As the Canadian Rewrite go-live date approaches on July 25th, 2025, The Depository Trust & Clearing Corporation (DTCC) issued the following statement, “With just under three months remaining until amended trade reporting rules take effect in Canada on July 25, 2025, market participants are busy preparing for the revised regulatory framework. The amended rules introduce significant changes to Canadian reporting standards through adoption of certain Common Data Elements (CDE) and continued harmonization with CFTC reporting standards. In addition, changes to the reporting party determination hierarchy and new error and omission protocols mean firms will need to look beyond just data reporting changes to effectively comply with the new requirements.“DTCC’s Global Trade Repository service (GTR), the industry leader in trade reporting, supports derivatives trade reporting across all thirteen Canadian provinces and territories through its locally designated/recognized trade repository, DTCC Data Repository (U.S.) LLC (DDR). Initial testing for the Canada rewrite commenced in DDR’s simulator tool on March 14th, and comprehensive end-to-end testing began on April 25th, 2025. Clients are encouraged to begin testing without delay to identify and resolve any issues before the go-live.“DTCC remains committed to supporting firms as they navigate implementation, providing extensive subject matter expertise. In addition to DDR’s efforts, DTCC Consulting Services has been assisting firms ahead of global regulatory rewrites to ensure readiness as well as remediation of post go-live issues.”