Regulatory Change Management Director

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'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.

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:

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.
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.

**NOTE:  The Primary Responsibilities of this role are not limited to the details above. **

Qualifications:

• 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. 

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.

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.

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