Embedded Risk Manager

• Client: DTCC
• Position: Embedded Risk Manager
• Location: Dallas/Coppell
• Hybrid: Tue and Wed onsite
• Candidates must be local to the Dallas region no relocation
• Visa: No H1Bs
• Must be W2 on our payroll $8/HR finders fee to your firm
• Rate: $6570/HR W2 could be a little flexible for a really solid candidate

Functional Title: Embedded Risk Manager (Associate Director)

• **Must have Minimum of 6 years of Financial Services industry related experience.

Business Unit: Information Technology (IT)

Business Unit Description:

The Information Technology group delivers secure reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers highquality information through activities that include development of essential applications building infrastructure capabilities to meet client needs and implementing data standards and governance.

Position Summary

The Principal Embedded Risk Manager (ERM) specializes in serving as a central point of contact and liaison aligned with IT that drives completion of and adherence to risk and control commitments obligations and requirements for their aligned departments; and is responsible for assisting stakeholders with the identification and timely remediation of risk. They are a toplevel contributor that acts independently with minimal direction. The ERMs ability to form strong relationships and communicate with a breadth and variety of management resources is critical. Attention to detail and strong time management skills are also required along with juggling competing priorities. Specific Responsibilities

Follow the DTCC processes and methodologies for risk management Learn to effectively use the tools required for risk management at DTCC such as PDMS / MetricStream / Archer

Comply with existing risk and control commitments and requirements

• Effectively Liaison between and across the cost centers composing Enterprise Production Assurance (EPA) and IT Resiliency and Data Center (ITR&DC) and the following control functions:
• Internal Audit Department
• Technical Risk Management
• Operational Risk Management
• Regulators / Regulatory Relations
• IT Risk Community of Excellence
• Management Control Testing
• Drive successful and timely completion of commitments and requirements
• Issues and Actions
• TRM network and app pen test findings FOSS findings
• Risk acceptances and policy deviations
• PDMS Policy and Procedures document reviews
• Provide guidance and become trusted resource between stakeholders and control functions
• Assist with thoughtfully articulating issues and remediation plans driving timely submissions to control functions
• Assist EPA and ITR&DC teams in tracking audit deliverables and facilitating managements timely response to requests
• Track audit actions against defined delivery dates and assist with development of retarget plans as necessary

Protect stakeholders by identifying control adherence/design effectiveness gaps as first line of defense

• Conduct proactive Continuous Improvement Questionnaire (CIQ) to identify MSIs policy deviations and risk acceptances to mitigate future control function findings
• Update Process Risk & Control (PRC) framework proactively
• Review Key Performance Indicator (KPI) maker/checker compliance
• Effectively document meeting decisions and actions in a timely manner
• Work closely with management and stakeholders to accurately report status of audit and regulatory actions
• Collaborate effectively with the Risk Management Center of Excellence to drive the teams timely response to TRM external Audit and regulatory requests

Enable strategic improvement of IT control environment

• Integrate risk management into each teams continuous improvement processes roadmaps and strategies
• Drive/facilitate control efforts
• Provide information and feedback to the CoE and control functions as appropriate
• Influence and support the Risk mindset of EPA & ITR and DC

Qualifications

• Minimum of 6 years of Financial Services industry related experience
• Bachelors degree preferred with Masters or equivalent experience

Leadership Competencies

Accountability: Accountable for independent completion of assigned work in a timely manner with advanced understanding of Risk values and objectives

Global Collaboration: Applies global perspective when working within a team by being aware of own style and ensuring all relevant parties are involved in key team tasks and decisions. Takes advantage of both formal and informal networks to get work done.

Communication: Influences timelines and actions and effectively negotiates on behalf of stakeholders as appropriate. Shares knowledge and expertise to help team members grow and develop.

Influencing: Convinces others by making a strong case bringing others along to their viewpoint; maintains strong trusting relationships while at the same time is comfortable challenging ideas.

Innovation and Creativity: Thinks boldly and out of the box generates new ideas and processes and confidently pursues challenges as new avenues of opportunity.