Job Description

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Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and encouraging team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're 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 growing 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:

The Credit Policy and Control Analyst is responsible for completing quality assurance reviews to monitor processes for the counterparty credit group being completed timely and accurately. This credit risk monitoring process includes annual reviews, ongoing surveillance of monthly/quarterly financial data, ongoing examination of negative news, maintenance of the credit risk rating matrix (CRRM) model, and other ongoing monitoring.

The analyst will also be counted on to proactively identify and collaborate with the team and management on any issues, as well as assisting on various projects to help the CCR team in its directive of supervising credit risk for the organization. These projects will likely include reviewing policies, procedures and job aids for accuracy and alignment to the regulatory requirements, analyzing current procedures to identity opportunities to streamline processes, and coordinating with other departments on initiatives such as automating processes.

Your Primary Responsibilities:

• Perform quality assurance reviews for ongoing surveillance processes and ad-hoc reviews of processes.
• Analyze policy, procedures and job aids for alignment and adherence to regulatory requirements
• Establish ways to improve processes.
• Work with internal departments, including Market Risk, Product Management, Relationship Management, Legal, and Compliance, to maintain transparency when assessing potential risk.
• Abide by risk-related policies and standard processes of CCR, and ensure compliance with CCR's policies and procedures
• Demonstrate the behaviors and proficiencies that build a risk management mentality in the organization.
• Demonstrate regulatory awareness and compliance and ensure adherence to risk-related policies and standard methodologies.
• Complete Ad-hoc projects as assigned.
• Aligns risk and control processes into day-to-day responsibilities to supervise and mitigate risk, escalating when appropriate

Talents Needed for Success:

• Minimum of 3 years of related experience in credit risk with experience in financial statement analysis and the understanding of a broad range of financial products.
• Bachelor's or associate degree preferred
• Strong analytical, critical thinking and problem-solving skills
• Prior audit, governance, accounting, quality assurance or quality improvement experience where keen attention to detail ability was a requirement for success
• Excellent presentation, verbal, and written communication skills.

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 crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle. DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind. Learn more about Clearance and Settlement by clicking here .

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