Digital Assets Embedded Risk Associate Director

As a member of the Clearing & Securities Services team, the Digital Assets Embedded Risk Associate Director strengthens the first line of defense by partnering with product, operations, technology, and business leadership to identify, assess, manage, monitor, and report risks associated with digital assets, tokenization initiatives, and emerging market infrastructure. The role helps embed sound risk management practices into business activities while supporting the safe, resilient, and compliant expansion of digital clearing and settlement capabilities that shape the next generation of financial market infrastructure.

In this role, you will work cross-functionally with business and technology stakeholders to promote effective risk and control management, support management’s assessment of internal control effectiveness, and drive adherence to established control testing and issue management frameworks. The Associate Director will facilitate the identification, escalation, remediation, and monitoring of control gaps, self-identified issues, audit findings, and regulatory matters, while partnering with management to develop and execute appropriate risk response strategies, including mitigation, remediation, acceptance, and enhanced controls. Through these efforts, the role helps ensure risks are proactively managed and aligned with the firm’s risk appetite, regulatory obligations, and strategic objectives.

Your Primary Responsibilities:

Digital Assets Risk Insight & Transformation

• Leverage knowledge of digital assets, tokenization, blockchain technologies, and AI-enabled processes to identify, assess, and manage emerging risks while supporting responsible innovation and regulatory compliance.
• Develop risk intelligence capabilities that shift the organization from reactive to predictive risk management, enabling earlier identification of digital asset risks, control gaps, and potential operational vulnerabilities.
• Establish and monitor key risk indicators (KRIs) for digital asset exposures, blockchain infrastructure dependencies, smart contract risks, and critical third-party technology providers, ensuring timely escalation and mitigation of issues.
• Assess the risk implications of evolving market structures, industry standards (e.g., ISO 20022 and smart contract frameworks), and global regulatory developments impacting tokenized asset clearing, settlement, and custody activities.

Incident Management & Root Cause Insight

• Lead 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
• Oversee 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
• Monitor 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
• Strong 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

• 8+ years of relevant experience in financial risk management, clearing operations, fintech infrastructure, or crypto asset markets.
• Bachelor’s degree preferred or equivalent experience

Talents Needed for Success:

• Demonstrated ability to leverage AI-enabled tools, data analytics, and emerging technologies to enhance risk identification, monitoring, reporting, and decision-making.
• Familiarity with DLT protocols, blockchain ecosystems, digital custody models, tokenized securities, stablecoin mechanisms, smart contracts, and the associated operational, technology, and regulatory risks.
• Demonstrated ability to balance innovation and risk management by embedding appropriate controls and governance into emerging business initiatives within a regulated, member-focused environment.
• Demonstrated ability to balance innovation and risk management by embedding appropriate controls and governance into emerging business initiatives within a regulated, member-focused environment.

• 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 the third day of your choosing).

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., With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.

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.

Clearing & Securities Services group delivers world-class safety and soundness for the global financial services industry. The team provides DTCC’s portfolio of core securities business, including Institutional Trade processing and First Line Resilience and Control to facilitate better end-to-end planning and prioritization as well as enable more coordinated and seamless delivery of capabilities and services for our clients.