DTCC

Clears and settles securities trades for financial firms

Embedded Risk Associate

Risk ManagementConfirmed live in the last 24 hours

Full-time

About the Job

Requirements

A minimum of 4 years of related experience.
A bachelor's degree is preferred, or equivalent experience.
Familiarity with Risk and Control Self-Assessments (RCSAs), including risk identification, inherent and residual risk assessment, control design evaluation, and challenge of risk ratings.
Inclination toward AI-driven risk insights, automation, and data-led decision-making.
Ability to leverage data for trend analysis, predictive risk identification, and reporting optimization.
Prior experience in risk management and incident management.
Experience with stakeholder management and influencing senior leadership.
Knowledge of issue lifecycle management, audits, and control frameworks.
Financial services business acumen, including understanding supported business areas, critical services, and client impacts, and aligning risk assessments to the business.

Responsibilities

Design and prototype AI agents to enable effective challenge of AI-driven business processes, model governance, data controls, and emerging technology risks while supporting innovation and regulatory compliance.
Enable a shift from reactive to predictive risk management by identifying emerging risks and control weaknesses early.
Drive the use of data, dashboards, and digital tools to enhance transparency, decision-making, and risk reporting.
Perform independent review and challenge of risk incidents, ensuring root cause analysis identifies systemic drivers rather than symptoms.
Partner with business teams to translate incident learnings into effective control design and enhancement, strengthening the control environment.
Use data, trend analysis, and scenario insights to identify recurring themes and proactively prevent future incidents.
Embed lessons learned into risk assessments, control frameworks, and business processes to drive continuous improvement.
Monitor the end-to-end lifecycle of issues and action plans, validating remediation effectiveness and sustainability using data.
Use trend analysis and root cause insights to identify systemic issues and improve self-identification capabilities.
Track issue performance metrics through automated reporting and dashboards, escalating risks in a timely manner.
Independently challenge control testing programs and promote efficient, data-driven, and automated testing approaches.
Evaluate control effectiveness using quantitative insights, trend data, and scenario-based analysis.
Participate in developing new products and services, embedding risk considerations from inception.
Assist with control design, building robust, scalable, and effective controls aligned with business objectives and regulatory expectations.
Ensure governance, risk, and control (GRC) data is accurate, current, and optimized for analytics and AI use cases.
Align risk and control processes with day-to-day responsibilities to mitigate, monitor, and escalate risks, including timely incident resolution.
Review Process, Risk, and Control data quality to ensure GRC foundational elements are periodically refreshed to reflect current procedures and support oversight and consistency.
Conduct Control Assessments, including trend analysis, to promote consistent risk management practices across Solutions Businesses.
Promote a forward-looking risk culture grounded in data-driven decision-making and responsible AI use.
Encourage proactive risk identification, continuous improvement, and ethical application of emerging technologies.
Identify opportunities to streamline processes, reduce manual effort, and improve efficiency through automation and intelligent solutions.

Desired Qualifications

Act as a change ambassador and drive improvements.
Maintain a proactive focus on cultivating a risk mentality.
Deliver effectively in a fast-paced environment.

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.

Pay and 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).

The Impact you will have in this role:

Being a member of Clearing & Security Services team, the Embedded Risk Manager strengthens the role of the first line of defense by challenging product management and general management of risks, including its effort to identify, assess, respond to, and report and monitor risks. In this role, the Risk Manager challenges management's assessment of internal control effectiveness by ensuring management's adherence to Control testing framework, Issue management framework (including self-identified issues), and Identified issues resulting from audits or regulatory exams, and partners with management on risk response strategies (mitigate, control, accept, remediate, etc.) to ensure the strategies sufficiently address identified risks, whether internal or external.

Primary Responsibilities:

AI-Enabled Risk Insight & Transformation

Technology-aware and AI focused, design and prototype AI agents, enabling effective challenge of AI-driven business processes, model governance, data controls, and emerging technology risks while supporting innovation and regulatory compliance.
Enable the shift from reactive to predictive risk management, enabling early identification of emerging risks and control weaknesses
Drive the use of data, dashboards, and digital tools to enhance transparency, decision-making, and risk reporting

Incident Management & Root Cause Insight

Perform independent review and challenge of risk incidents, ensuring robust root cause analysis that identifies systemic drivers and not just symptoms
Partner with business teams to translate incident learnings into effective control design and enhancement, strengthening the overall control environment
Leverage data, trend analysis, and scenario insights to identify recurring themes and proactively prevent future incidents
Ensure lessons learned are embedded into risk assessments, control frameworks, and business processes to drive continuous improvement Issue & Action Lifecycle Management
Monitor the end-to-end lifecycle of issues and action plans, ensuring data-driven validation of remediation effectiveness and sustainability
Leverage trend analysis and root cause insights to identify systemic issues and improve self-identification capabilities
Track issue performance metrics through automated reporting and dashboards, escalating risks in a timely manner

Enterprise Risk, Control Design & Product Enablement

Provide independent challenge over control testing programs, promoting more efficient, data-driven, and automated testing approaches
Evaluate control effectiveness using quantitative insights, trend data, and scenario-based analysis
Active involvement in the development of new products and services, ensuring risk considerations are embedded from inception
Assist capability in control design, with a focus on building robust, scalable, and effective controls aligned to business objectives and regulatory expectations
Ensure governance, risk, and control (GRC) data is accurate, current, and optimized for analytics and AI use cases
Aligns risk and control processes into day-to-day responsibilities to mitigate, monitor, and escalate risks appropriately, including the timely resolution of incidents.

Process, Risk and Controls

Perform quality review of Process, Risk, and Control data to ensure GRC foundational elements are periodically refreshed to reflect current procedures for oversight and consistency
Conduct Control Assessments inclusive of trend analysis to drive consistent risk management practices across Solutions Businesses

Risk Culture & Conduct

Promote a strong, forward-looking risk culture grounded in data-driven decision-making and responsible AI use
Encourage proactive risk identification, continuous improvement, and ethical application of emerging technologies
Identify opportunities to streamline processes, reduce manual effort, and enhance efficiency through automation and intelligent solutions

Qualifications:

Minimum of 4 years of related experience
Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

AI & Digital Mindset (Key Differentiator)
Familiar with Risk and Control Self‑Assessments (RCSAs), including risk identification, inherent and residual risk assessment, control design evaluation, and challenge of risk ratings
Inclination toward AI-driven risk insights, automation, and data-led decision-making
Ability to leverage data for trend analysis, predictive risk identification, and reporting optimization
Prior experience in Risk Management & Incident Management
Experience with stakeholder management and influencing senior leadership
Knowledge of issue lifecycle management, audits, and control frameworks
Be a change ambassador and drive forward improvements
Proactive and laser focused on cultivating a risk mentality
Execution and delivery focused in a fast-paced environment
Financial services business acumen, with the ability to understand supported business areas, critical services, and client impacts, and to align risk assessments to business

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Salary Range: Associate-60,000-115,000-USD

About the Company

DTCC

Clears and settles securities trades for financial firms

DTCC provides the systems financial firms use to complete securities trades after buyers and sellers agree a transaction. Broker-dealers, banks and asset managers use its services to match trade details, calculate obligations, move securities and report transactions. Its NSCC and FICC subsidiaries clear equity and fixed-income trades, while DTC holds securities and handles settlement and payments such as dividends. By offsetting obligations between firms, its clearing services reduce the securities and cash that must change hands, and its repositories maintain derivatives transaction records for regulatory reporting. The parent was established in 1999 and is headquartered in Jersey City, New Jersey.

Company size: 5,001-10,000
Company stage: Not listed
Total funding: Not listed
Headquarters: Jersey City, NJ
Founded: 1999

Recently Posted Jobs

Explore more opportunities at DTCC

See more jobs