Regulatory Change Management Director

Compliance is seeking a Director to oversee DTCC’s global regulatory change management program. This program includes, but is not limited to, monitoring the global regulatory environment to identify new and changing regulations and regulatory guidance that may impact DTCC and its regulated subsidiaries, working with key stakeholders within the organization to ensure that the impact is assessed, gaps are identified and remediated, and that key controls supporting regulatory compliance are in place. The Director of Regulatory Change Management will interface with all levels of DTCC management, including senior management.

Your Primary Responsibilities:

• Lead a team in the monitoring of the global environment to identify new and changing regulations potentially impacting DTCC’s regulated subsidiaries leveraging horizon scanning tools and other sources.
• Providing clear communication and guidance regarding relevant industry news and regulatory changes to business and support areas, including senior management.
• Performing regulatory change assessments and coordinating with key stakeholders across DTCC, including First, Second and Third Line of Defense. Working with key stakeholders to review, assess and document specific process enhancements to support compliance with regulatory requirements.
• Maintaining with great accuracy an inventory of regulatory requirements, guidance, and similar information.
• Ensuring the maintenance and timely update of regulatory change management program documentation.
• Representing Regulatory Change Management on Governance, Risk and Controls working groups.
• Managing the organization’s annual process to update its PFMI/CCAS Disclosure Frameworks and engaging with Legal and other stakeholders in various other regulatory projects.
• Driving improvement in technology that supports the regulatory change management function.
• Providing metrics and reporting for senior management
• Mitigates risk by following established procedures, spotting key errors and demonstrating strong ethical behavior.

• Bachelor’s Degree (BA) in a related discipline required, J.D. preferred; advanced degree and/or certification (JD, MBA/MS, CPA, CIA, CFE, CRP, CAMS, CAMLP) a plus.
• Minimum of 10 years of related experience

Talents Needed for Success:

• Regulatory management experience in Compliance or Legal at a global Financial Institution or similarly highly regulated environment
• Knowledge or familiarity of DTCC’s role in the Financial Services Industry a plus.
• Ability to analyze risks and controls to mitigate regulatory compliance risk.
• Strong organizational, time management, analytical, and project management skills.
• Ability to multi-task and to adhere to established deadlines while working in a fast-paced environment required.
• Excellent written and verbal communication skills, with strict attention to detail.
• Strong proficiency with PC based applications including Excel, SharePoint, Word, and PowerPoint., Analysis Skills, Asset Management, Bank Management, Brokerage, Business Administration, Business Support, Certified Financial Examiner (CFE), Certified Public Accountant (CPA), Change Management, Communication Skills, Detail Oriented, Diversity, Document Change Management, Ecosystems, Financial Services, Financial Transactions, Global Financial Markets, Legal, Maintain Compliance, Metrics, Microsoft Excel, Microsoft PowerPoint, Microsoft SharePoint, Microsoft Word, Monitor Regulations, Multitasking, Organizational Development/Management, Organizational Skills, Presentation/Verbal Skills, Procedure Development, Process Improvement, Project/Program Management, Regulations, Regulatory Compliance, Regulatory Requirements, Risk, Risk Analysis, Risk Management, Securities, Stock Market, Team Lead/Manager, Team Player, Technical Support, Thought Leadership, Time Management, Transaction Processing/Management, Writing Skills

• 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:

You’re one of a kind, and so are we! DTCC employees work at the center of the world’s financial markets, bringing both innovation and stability to the entire post-trade lifecycle. Our environment favors openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. 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.

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’‘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 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.