Full-Time
Product Management Senior Associate
Innovations & Data
Posted on 11/14/2025
DTCC
1,001-5,000 employees
Global post-trade market infrastructure provider
No salary listed
New York, NY, USA
Hybrid
Hybrid role: three on-site days per week (Tue and Wed plus a third day varying by team).
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- Minimum 5 years of related experience in product management role specializing in data management, data strategy and / or technology innovation
- Bachelor’s degree in Finance, Economics, Data Science or related field
- Excellent communication and presentation skills with the capacity to deliver technical information in a clear fashion
- Familiarity with modern data platforms and tools including Snowflake and SQL with an eagerness to explore AI and automation technologies
- Experience in financial services data domains such as reference data, corporate actions, and securities masterfile data
- Proven analytical and problem-solving skills, with the ability to translate complex data challenges into clear business insights
- Experience supporting transformation or modernization initiatives ideally within a large financial firm with a complex operating environment
- Demonstrated ability to partner across business lines, technology and operational areas, building trust and alignment to achieve measurable outcomes
- Support the team’s security reference data / corporate actions announcements data strategy ensuring alignment with enterprise data standards and modernization objectives across Asset Services
- Advance the use of innovative technologies such as AI (agentic AI processes), data automation, and cloud platforms to strengthen data integrity, processing efficiency, and gain business insights
- Monitor key innovation initiatives and report on progress helping leadership measure impact, manage risk, and sustain momentum in the transformation agenda
- Assist in shaping the future-state vision of Asset Services by translating strategic priorities into actionable data and technology-driven projects
- Partner cross-functionally with product, technology, the data office, and operations to identify, design and deliver innovative data solutions that enhance quality, timeliness, and usability
- Engage with internal stakeholders and external partners to explore interoperability, reference data distribution, and new value creation opportunities
- Develop analytical models and performance metrics that provide transparency into data accuracy, completeness, and client value delivery
- Help embed change-management efforts to support a culture of innovation, collaboration, and continuous improvement within the Asset Services team
- Trusted communicator, who articulates complex ideas clearly and persuasively across technical and non-technical audiences, fostering understanding and confidence
- Results-oriented contributor, who balances strategic vision with disciplined execution while delivering consistent progress against milestones
- Inclusive collaborator, who values diverse perspectives, ensuring solutions are holistic, equitable and representative of the broader organization’s needs
- Owner mindset, who operates with accountability and initiative and who treats every innovation, dataset and deliverable as an opportunity to make a lasting impact on the Asset Services team
- Innovative thinker, who constantly explores new technologies and data methodologies, bringing creative solutions that challenge legacy processes and elevate organizational capabilities
- Change advocate, who thrives in dynamic transformation settings, helping others adapt to new processes, tools and mindsets that advance the team’s modernization agenda
- Data-driven decision maker, who uses evidence and analytics to guide recommendations, ensuring business outcomes are rooted in accuracy, insight and measurable impact
- Curious learner, who demonstrates intellectual curiosity and a growth mindset, seeking opportunities to expand technical knowledge and business acumen
DTCC is a centralized post-trade market infrastructure for the global financial services industry. It automates, centralizes, and standardizes the processing of financial transactions across asset classes, handling clearing, settlement, asset servicing, trade reporting, and data services. Its network spans 21 locations worldwide, serving thousands of broker/dealers, custodian banks, and asset managers, with industry ownership and governance that aims to reduce risk, increase transparency, and improve efficiency. The company operates through subsidiaries that process large-scale securities transactions ( trillions of dollars in value) and provides custody and asset servicing for issues from over 150 countries. Its Global Trade Repository processes billions of messages annually. DTCC's goal is to simplify market operations, enhance resilience, and support the broader move toward digital assets, while maintaining soundness and reliability for existing financial markets.
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
- July 2026 limited production trades and October full launch unlock institutional tokenized asset adoption.
- Cloud migration to AWS and Microsoft Azure accelerates digital platform scalability and AI-driven development.
- Cross-margining expansion with CME and SSI automation reduce capital requirements and settlement risk.
- Tokenization bridges traditional finance and DeFi, positioning DTCC as systemic infrastructure for digital markets.
What critics are saying
- BlackRock BUIDL and Ondo Finance divert institutional demand to competing DeFi platforms, eroding DTCC settlement volume.
- AWS cloud migration of NSCC, FICC, DTC core systems fails during volatility, causing multi-day outages.
- Circle USDC integrates with JPMorgan and Goldman Sachs for 24/7 settlement outside DTCC infrastructure.
- SEC revokes December 2025 No-Action Letter after pilot failures expose tokenized asset settlement risks.
- 50+ firms build proprietary tokenized rails using Canton Network, fragmenting liquidity and bypassing DTCC.
What makes DTCC unique
- DTCC tokenizes $114T in DTC-custodied assets while preserving existing legal protections and entitlements.
- SEC-authorized three-year pilot covers Russell 1000 stocks, major ETFs, and U.S. Treasuries starting July 2026.
- 50+ firms including BlackRock, JPMorgan, and Circle collaborate on interoperable tokenized settlement infrastructure.
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Benefits
Health Insurance
Life Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Hybrid Work Options
Company News
DTCC launches DTCC Digital Assets Solutions. 31 March 2026 US Reporter: Hansa Tote Image: Kazi/stock.adobe.com Following regulatory authorisation in December, The Depository Trust & Clearing Corporation (DTCC) has launched a new business line - DTCC Digital Assets Solutions - to tokenise real world DTC custodied assets. According to DTCC, this step reflects growing client interest in tokenisation and builds upon the work of DTCC Digital Assets, which remains at the forefront of developing digital financial market infrastructure. Together, the two businesses will partner to strengthen DTCC's leadership role as a bridge between traditional market infrastructure and emerging digital asset ecosystems. DTCC Digital Asset Solutions will sit within Clearing & Securities Services, which includes three clearing agency subsidiaries and is led by Brian Steele, and specifically under the firm's Equities portfolio, led by Val Wotton. It will be responsible for developing and driving DTCC's strategy to tokenise DTC custodied assets. In doing so, it will create a wide range of innovative solutions that are connected to existing DTCC assets and services. To ensure maximum impact, the business will leverage technology created by DTCC Digital Assets to deliver offerings that are integrated with DTCC's existing infrastructure and risk framework. Tom Sullivan, who has more than 20 years of experience in securities and banking with a focus on operations and innovation, will lead DTCC Digital Asset Solutions. DTCC Digital Assets, under the leadership of Nadine Chakar, will continue its work with digital technologies and co-creating technology-driven platforms with the industry, building upon its previous work developing solutions such as DTCC ComposerX, DTCC LaunchPad, and Collateral AppChain in a Web3 digital ecosystem. DTCC Digital Assets will also continue to focus on developing and enhancing its ComposerX platform in support of the industry, which will enable clients to leverage the same infrastructure used by DTCC. To support the development of DTCC Digital Asset Solutions offerings and ensure close alignment with industry needs, the firm is establishing the Digital Assets Solutions Advisory Council, which will launch in the second quarter of 2026. The council will primarily be composed of senior business leaders from client firms and will be focused on business level requirements, product prioritisation, and client readiness related specifically to DTCC Digital Assets Solutions offerings and DTC digital initiatives, including the new tokenisation service. In the interim, the current Early User Working Group, which was formed late last year to focus on certain use cases, will continue to operate but will be folded under the new Digital Assets Solutions Advisory Council ahead of its first meeting at the end of April. The mandate of the already-established Digital Assets Advisory Council, which is aligned to DTCC Digital Assets, will continue to focus broadly on digital asset infrastructure, innovation, and curating a Web3 ecosystem, while championing interoperability, partnerships, and standards across the industry. The two councils will collaborate closely to ensure strategic alignment. Previous digital assets article Next digital assets article NO FEE, NO RISK 100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
SEC gives go-ahead to Nasdaq for tokenized trading trial. Nasdaq has been given the regulatory green light to offer some tokenized stocks, which will trade alongside traditional securities on its exchange. The US Securities and Exchange Commission on Wednesday approved Nasdaq's pilot proposal to support the trading of tokenized versions of stocks and other securities. Nasdaq first filed its proposal in September that sought to allow trades on high-volume stocks in either a traditional or tokenized form on the same exchange in a pilot with the key market infrastructure firm, Depository Trust Company. The tokenized stocks would trade alongside their traditional counterparts on the same order book, at the same price, with the same ticker and identifying number and carry the same rights.
DTCC taps Canton Network to advance tokenized treasuries. Regulatory green light enables new tokenization initiative. The Depository Trust & Clearing Corporation, an industry-owned provider of clearing and settlement infrastructure, has chosen the privacy-focused Canton Network as a strategic partner to support its tokenization efforts. The decision marks a significant step in DTCC's broader plan to modernize market infrastructure by introducing blockchain-based representations of traditional financial assets. According to the announcement, the collaboration will allow a selected portion of U.S. Treasury securities that are currently custodied at the Depository Trust Company to be issued in tokenized form on the Canton Network. This move follows DTCC's recent receipt of a No-Action Letter from the US Securities and Exchange Commission. The regulatory clearance allows DTCC to implement and operate a new service dedicated to the tokenization of real-world assets held within DTC. With this regulatory assurance in place, DTCC and its partners are positioning the initiative as a compliant pathway for integrating distributed ledger technology into core financial market operations. MVP planned for 2026 with scope for expansion. The organizations involved have indicated that development efforts are now focused on delivering a minimum viable product in a controlled production environment. This initial phase is expected to take place during the first half of 2026. The MVP will serve as a testing ground to validate the operational, technical, and regulatory aspects of tokenizing U.S. Treasury securities within an institutional-grade setting. Following this initial rollout, the project is expected to scale in both size and functionality. Any expansion beyond the MVP phase will depend largely on market demand and feedback from participating clients. This phased approach reflects a cautious but deliberate strategy, aimed at ensuring stability, security, and usability before broader adoption. Bridging traditional and digital financial systems. DTCC's leadership has characterized the partnership as a strategic advancement in building digital market infrastructure that connects established financial systems with emerging blockchain technologies. The collaboration with Digital Asset and the Canton Network is intended to create a seamless link between traditional securities processing and token-based systems, while maintaining the levels of resilience, scalability, and risk management expected in global financial markets. The Canton Network itself was developed to support the issuance, trading, and management of tokenized real-world assets, including bonds, loans, and investment funds. Its architecture allows multiple institutions to operate on a shared ledger while preserving transaction privacy and meeting jurisdictional and legal requirements. This design is particularly relevant for regulated entities that require confidentiality alongside interoperability. Institutional backing strengthens Canton ecosystem. Digital Asset, the technology firm responsible for developing the Canton Network, is supported by a consortium of major financial institutions and market participants. Its backers include prominent asset managers, exchanges, data providers, and investment banks, underscoring the strong institutional interest behind the network. This level of support signals confidence in Canton's potential to serve as a foundational layer for tokenized financial markets. From Digital Asset's perspective, DTCC's involvement is expected to accelerate industry adoption of decentralized financial infrastructure. Company leadership has indicated that DTCC's participation could help unlock new liquidity channels, enable innovative financial products, and drive operational efficiencies across the market. DTCC takes governance role alongside Euroclear. Beyond the tokenization project itself, DTCC is set to assume a leadership position within the Canton Network's decentralized governance framework. The firm will join the Canton Foundation as a co-chair alongside Euroclear, another major post-trade infrastructure provider. This role will give DTCC a direct voice in shaping governance decisions, technical standards, and best practices for the network. By participating in governance, DTCC aims to contribute its expertise in market structure and risk management to the development of decentralized financial infrastructure. The companies involved have indicated that this collaborative governance model is intended to promote consistency, interoperability, and trust across tokenized markets, laying the groundwork for broader industry-wide innovation.
DTCC appoints Arianne M. Collette as Managing Director and Head of US Equities. The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced that Arianne M. Collette has joined the firm as Managing Director and Head of U.S. Equities effective November 17, 2025. In this newly created role, Ms Collette will lead strategic planning and execution for DTCC's U.S. Equities business, driving growth initiatives, market expansion, and operational efficiencies across DTCC's clearing and settlement infrastructure. She will be based out of DTCC's Jersey City location and will report to Val Wotton, DTCC Managing Director and Global Head of Equities Solutions. "We are pleased to welcome Arianne to DTCC," said Wotton. "Her deep industry expertise, strategic vision, and commitment to innovation will be invaluable as we continue to deliver solutions that enhance market resiliency and efficiency for our clients." Arianne Collette joins DTCC from Morgan Stanley, where she held senior leadership positions including Chief Operating Officer and Head of Strategy for Reinvestment, Global Head of Sales Strategy, and Americas Head of Resource Optimization. She is also the co-founder and global chair of Women in Securities Finance, a global industry group of over 1,000 members dedicated to promoting diversity and inclusion within the financial services industry.
The Depository Trust & Clearing Corporation (DTCC) today announced the appointment of Thomas Sullivan as Managing Director of DTCC Digital Assets.