The Depository Trust & Clearing Corporation (DTCC)
Quantitative Risk Associate Director
The Depository Trust & Clearing Corporation (DTCC), Jersey City, New Jersey, United States, 07390
Join to apply for the
Quantitative Risk Associate Director
role at
The Depository Trust & Clearing Corporation (DTCC) Join to apply for the
Quantitative Risk Associate Director
role at
The Depository Trust & Clearing Corporation (DTCC) Get AI-powered advice on this job and more exclusive features. Job Description
Are you ready to make an impact at DTCC?
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. Competitive compensation, including base pay and annual incentive Comprehensive health and life insurance and well-being benefits, based on location 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).
Job Description
Are you ready to make an impact at DTCC?
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.
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
Quantitative Risk Management, QRM is responsible for the development and support of models and methodologies for the quantification of risk. QRM also carries out quantitative analysis and other analytical support to firms' risk management and other business needs. Quantitative Risk Management (QRM) is responsible for the development and support of models and methodologies for the quantification of risk. QRM also carries out quantitative analysis and other analytical support for DTCC's risk management and other business needs.
Your Primary Responsibilities
Maintain and enhance in-house fixed income risk models Produce model performance metrics and analytics to support communications with both internal model users and external supervisors Explain model behavior, carrying out scenario analyses, develop new quantitative analysis tools Maintain key data source for groups model development and quantitative analyses. Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.
Qualifications
Master’s degree or higher in a quantitative field of study 5+ years of hands-on experience in quantitative models, research, with deep understanding in fixed income market.
Talents Needed For Success
Fluent in Python and SQL Knowledge of Treasury Securities and/or MBS pricing and VaR modeling a big plus. Strong Analytical, quantitative and problem solving skills, as well as demonstrated research skills Good communication skills, both oral and written Excellent attention to detail and focus on quality of deliverable
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.
About Us
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 .
About The Team
Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
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Quantitative Risk Associate Director
role at
The Depository Trust & Clearing Corporation (DTCC) Join to apply for the
Quantitative Risk Associate Director
role at
The Depository Trust & Clearing Corporation (DTCC) Get AI-powered advice on this job and more exclusive features. Job Description
Are you ready to make an impact at DTCC?
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. Competitive compensation, including base pay and annual incentive Comprehensive health and life insurance and well-being benefits, based on location 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).
Job Description
Are you ready to make an impact at DTCC?
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.
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
Quantitative Risk Management, QRM is responsible for the development and support of models and methodologies for the quantification of risk. QRM also carries out quantitative analysis and other analytical support to firms' risk management and other business needs. Quantitative Risk Management (QRM) is responsible for the development and support of models and methodologies for the quantification of risk. QRM also carries out quantitative analysis and other analytical support for DTCC's risk management and other business needs.
Your Primary Responsibilities
Maintain and enhance in-house fixed income risk models Produce model performance metrics and analytics to support communications with both internal model users and external supervisors Explain model behavior, carrying out scenario analyses, develop new quantitative analysis tools Maintain key data source for groups model development and quantitative analyses. Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.
Qualifications
Master’s degree or higher in a quantitative field of study 5+ years of hands-on experience in quantitative models, research, with deep understanding in fixed income market.
Talents Needed For Success
Fluent in Python and SQL Knowledge of Treasury Securities and/or MBS pricing and VaR modeling a big plus. Strong Analytical, quantitative and problem solving skills, as well as demonstrated research skills Good communication skills, both oral and written Excellent attention to detail and focus on quality of deliverable
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.
About Us
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 .
About The Team
Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Referrals increase your chances of interviewing at The Depository Trust & Clearing Corporation (DTCC) by 2x Get notified about new Risk Director jobs in
Jersey City, NJ . New York City Metropolitan Area 1 week ago Consultant- Chief Risk Officer - Operations (Fractional/Contract Role)
New York City Metropolitan Area $250,000.00-$300,000.00 3 days ago Consultant - Chief Risk Officer, Investments (Fractional/Contract Role)
Credit Risk Management - Strategy Vice President
New York, NY $188,000.00-$323,950.00 1 month ago New York, NY $150,000.00-$180,000.00 2 weeks ago New York, NY $120,000.00-$160,000.00 6 days ago New York City Metropolitan Area $175,000.00-$250,000.00 2 weeks ago New York, NY $163,300.00-$236,800.00 1 day ago New York, NY $225,000.00-$250,000.00 3 weeks ago Director – Liquidity Risk (Investment Banking)
New York City Metropolitan Area 3 days ago New York, NY $175,000.00-$225,000.00 2 hours ago New York, NY $136,500.00-$300,000.00 7 hours ago New York City Metropolitan Area 1 week ago Director, Digital Assets Risk and Controls
New York, NY $127,000.00-$250,000.00 1 week ago Director – North America Credit Settlement Risk Management
New York, NY $145,400.00-$234,200.00 2 weeks ago Executive Director - Investment/ Asset Management Operational Risk
New York, NY $165,000.00-$275,000.00 1 day ago Risk Management & Compliance - Portfolio Management - Vice President
New York, NY $136,500.00-$300,000.00 1 week ago Head of Risk – Electronic & Algorithmic Trading
New York City Metropolitan Area 1 week ago New York, NY $225,000.00-$275,000.00 2 weeks ago Ice Cream Regional Insurance & Risk Manager - Americas
Englewood Cliffs, NJ $99,760.00-$149,640.00 1 week ago Newark, NJ $185,100.00-$250,500.00 1 day ago Risk Management - Credit Risk Vice President - Real Estate
VP, First Line Risk Management - Strategy & Operations
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr