Director, Liquidity Risk Management

Director - Liquidity Risk Management – Jersey City or Dallas

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Are You Ready to Explore a World of Possibilities?

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Join our DTCC family, and you’ll grow your expertise and become the best version of you. As you embark on a new journey, you’ll be supported and surrounded by other professionals as you learn new skills, advance your career, and see the impact of your efforts every day.

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Pay and Benefits:

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n- Competitive compensation, including base pay and generous annual incentive target n- Comprehensive health and life insurance and well-being benefits effective day 1 - no waiting period means no out-of-pocket expense for COBRA n- Retirement benefits - 401K & DTCC funded pension plan n- Paid Time Off and other leave of absence - 25 days of PTO per year + 10 paid holidays n- Flexible/Hybrid Work Arrangements – We collaborate in the office on Tuesday & Wednesday n

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Why You’ll Love This Job:

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As the Liquidity Risk Director for DTCC, you will partner with Market and Liquidity Risk Management, Stress Testing, DTCC Product Management, and Treasury subject matter experts to oversee the daily calculation and monitoring of liquidity risk exposures, market risk exposures, and settlement risk in the DTCC Clearing Agencies which include the Depository Trust Company (DTC), Fixed Income Clearing Corporation (FICC), and National Securities Clearing Corporation (NSCC).

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The Director is responsible for ensuring daily processes are performed, consistent with regulatory guidance, enhancements and system development are carried out to business requirements, and a risk measured approach to maintaining a quality program reflective of an evolving and focused risk practice is in place. The Director will liaise with other teams to produce management and regulatory reporting, work with external clients, as needed, to answer questions and provide transparency as it pertains to the liquidity needs and resources of the Clearing Agencies. The Director will manage, coach, and develop team members to their full potential.

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Leadership Competencies

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n- Inclusive Leadership:  Values individuals and embraces diversity by integrating differences and promoting diversity and inclusion across teams and functions. n- Coaching:  Understands and anticipates people's needs, skills, and abilities, in order to coach, motivate and empower them for success. n- Feedback:  Seeks feedback from others, provides feedback to others in support of their development, and is open and honest while dealing constructively with criticism.  n- Delegating:  Effectively manages tasks and people, taking a practical approach to determine the most effective method of execution while respecting others’ expertise and considering others’ feelings and working styles. n

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Your Primary Responsibilities:

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n- Oversee the daily calculations of Cover-1 liquidity ratios n- Provide guidance and support to staff and colleagues on risk management practices n- Identify opportunities for improved operations and efficiency n- Execute on project development and technology enhancements to support the liquidity risk management function n- Coordinate with 2nd and 3rd lines of defense to build a strong risk function n- Use domain expertise, solutions knowledge and an understanding of market needs to define client and clearing house solutions n- Work with PMO in tracking progress towards defined priorities n- Own and maintain documentation, such as Policies and Procedures n- Collaborate with technology staff to translate business requirements to the appropriate level of detail n- Conduct independent research on liquidity topics n- Identify, articulate, and escalate matters appropriately n- Provide timely and accurate feedback to staff and colleagues n- Empower staff through direction, support, and learning opportunities n- Accountable for planning and executing on commitments and deliverables n

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Talents Needed for Success:

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n- 7 years of experience in risk management, treasury, or financial analysis, including 2+ years of managerial experience n- Bachelor's degree, Master's preferred n- Excellent written and verbal communication skills n- Ability to flourish in a high-paced environment n- Proficient in navigating a highly regulated organization and industry n- Highly motivated n

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 Specific Qualifications

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n- Experience in financial risk management is required, specific understanding of clearing a plus n- Experience in leading small/medium sized global-teams n- Understanding of Agile and project management functions n- Proven experience coaching and developing staff n

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n- Motivated and have a sense of accountability and ownership. Proactively think of solutions and resolve problems n

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Who We Are:

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DTCC is the heart of the post-trade market infrastructure for the global financial services industry. From 21 locations all over the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, growing visibility, and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. In 2020, DTCC’s subsidiaries processed securities transactions valued at more than U.S. $2.3 quadrillion.

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We are an equal opportunity employer and value diversity at our company. We do not discriminate based on 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 crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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