Technology Compliance Associate Director

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.  

The General Counsel's Office is a valued, trusted and responsive partner within DTCC. The team promotes and protects the best interests of the DTCC family of companies by creating and facilitating solutions and providing guidance on legal and regulatory matters.  
  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 the Compliance Team, the  Associate Director of Technology Compliance will support the identification, development and ongoing effectiveness of technology controls employed by DTCC to maintain compliance with applicable global laws and regulations. Technology Compliance provides transparency into the laws and regulations that align to its stakeholders and facilitates mapping of those requirements to controls. In addition, the function monitors policies and procedures that demonstrate compliance with technology's regulatory requirements and works with its partners to address gaps and inconsistencies. The candidate must have strong communication skills with the ability to articulate problems and solutions through concise and clear messaging and have demonstrated the ability to assess complex issues and structure potential solutions to drive resolution with collaborators.

Your Primary Responsibilities:

• Develop and maintain a comprehensive understanding of global laws and regulations applicable to technology (e.g., Reg SCI, CCAS and DORA) as well as requirements and resulting controls that enable compliance.
• Support the facilitation of impact assessments to evaluate new or changing laws and regulations and readiness for compliance.
• Evaluate new initiatives and business ventures to identify and evaluate compliance requirements and readiness.
• Evaluate policies and procedures to identify and address any compliance gaps or inconsistencies.
• Perform risk-based compliance monitoring to identify risk and control trends in related to compliance with regulatory requirements.
• Conduct compliance testing to evaluate the effectiveness of compliance enabling controls.
• Work with aligned business areas to develop action plans for development and enhancement of compliance controls and provide ongoing support and monitoring of the implementation of those controls.
• Effectively challenge the business’ assessment of the control environment and documented controls, based on analysis of regulatory issues, metric performance and internally identified issues.
• Support key partners and aligned business areas in regulatory examinations, inspections and inquiries.
• Foster a risk management culture through implementation and demonstration of processes and procedures which identify and mitigate risk.
• Mitigate risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.

Talents Needed for Success:

• 7+ years experience; previous experience in compliance, legal, risk management or auditing related to technology is preferred.
• Bachelor’s degree required; advanced degree and/or certification a plus (e.g., blockchain/distributed ledger technology or Artificial Intelligence).
• Knowledge of financial services, particularly in the securities markets.
• Excellent listening and communication (oral and written) skills to effectively interface with all levels of leadership.
• Experience working at or with financial services regulators (SEC, FRB, NYSDFS, CFTC, ESMA, etc.) is highly desirable.
• Knowledge of basic compliance principles and standards, including industry protocols and compliance controls.
• Ability to prioritize across varying functions.

 

The salary range is indicative for role