The Impact you will have in this role:

The mission of Financial Risk & Governance (FR&G) is to provide effective and efficient identification, measurement, monitoring and control of market, credit, liquidity & stress testing related to the clearing and settlement processes for DTCC, its members and the markets. In addition, FR&G provides critical governance and quality assurance capabilities for key risk functions that are designed to meet rigorous organizational and regulatory standards. FR&G works under delegated authority from the Board and senior management to manage these risks within defined risk tolerances, as approved by the Board and senior management. FR&G collaborates closely with Quantitative Risk Management and the Counterparty Credit Risk teams to maintain an integrated and comprehensive approach to financial risk management at DTCC to support an effective second line of defense. FR&Gs prime directive for DTCC's applicable clearing agencies and joint ventures consists of the following:

• Maintain sufficient collateral to cover any losses associated with the liquidation of any defaulting member or family portfolio under extreme but plausible scenarios.

• Ensure that sufficient liquidity resources are available so that each entity is able to settle all transactions as contracted in the event of a failure by the single largest member or family under extreme but plausible circumstances.

• Exercise continuous improvement of policies, procedures and processes that support robust, ongoing member surveillance and effective but appropriate response to distress events; and

• Maintain a deep and broad product knowledge and risk framework to effectively measure and manage market, liquidity, and credit risks.

Being a member of the Liquidity Risk & Stress Testing team, the Analyst is responsible for monitoring and managing market and liquidity risk exposures arising from trade execution and settlement activities in the clearing corporations and the depository, including in extreme but plausible market conditions. Responsibilities also include supporting new business initiatives, collaborating on risk systems design and continuous enhancements, and maintaining compliance with Risk Management policies and procedures. Members of the Liquidity Risk & Stress Testing team must have an understanding of stress testing methodologies, a keen understanding of financial markets and client profiles and must have an ability to identify, analyze, and mitigate potential risks and safeguard financial market in which DTCC plays a pivotal role.

Your Primary Responsibilities:

• Performs day-to-day functions contained in the procedures such as researching significant increases in liquidity obligations, analyzing stress-testing results, tracking trading patterns of member firms, liquidity usage, etc.
• Develops an understanding of clients' business and risk profiles to serve as a point of contact for risk related support and inquiries.
• Develops an understanding of key risk exposures to the clearing corporations and the depository to support design and review of stress scenarios.
• Mitigates risk by following established procedures, identifying, and advancing emerging risks, and demonstrating strong ethical behavior.
• Aligns risk and control processes into day-to-day responsibilities to monitor and mitigate risk; advances appropriately.

Qualifications:

• Entry Level - internship experience highly preferred
• Bachelor's degree required.

Talents Needed for Success:

• Collaborates well within and across teams.
• Communicates openly with team members and others.
• Works with the team to review results and ensure quality and accuracy.
• Adheres to established rules and procedures when performing work.

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