business risk senior AssociateDTCC

Job Description: About this Opportunity
Strengthen the role of the first line of defense by challenging product management and general management of risks, including its effort to identify, assess, respond to, and report and monitor risks. Challenge management's assessment of internal control effectiveness by ensuring management's adherence to control testing framework, issue management framework (including self-identified issues), and identified issues resulting from audits or regulatory exams. Partner with management on risk response strategies (mitigate, control, accept, remediate, etc.) to ensure that strategies sufficiently address identified risks, whether internal or external.
What You'll Do
Issue and action plan life cycle management (i.e. engagement on the creation of MSIs, ensure actions plans effectively remediate issue, monitor timely remediation progress, and review of issue and action remediation before Metricstream submission, and oversight of the closure process for sustainability).
Monitor the monthly issues and action report (i.e. MSI Metric requirement) and assess issues resulting from audits to determine if they should have been self-identified.
Execute the annual sustainability reviews for both internal (direct/indirect) and external sourced action plans.
Supervise the timeliness of all issues and actions for the business unit and establish escalation protocol for items at risk for being past due.
Perform review, challenge, and ensure consistent workflow quality control of issues both self-identified, as well as those resulting from risk assessments (include lessons learned and scenario analysis), and risk incidents.
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.
Oversee the execution of business management and service providers testing of internal controls, provide review and challenge of test scope, test methods, test procedures, and evaluation of results.
Deliver periodic risk management and control training to business management and support teams, as necessary.
Liaise with Governance, Risk, and Compliance Program to adopt key risk management objectives as they are pursued and enacted.
Manage the regulatory reporting process and requirements with key stakeholders for timely and accurate submissions.
Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately
Sound Like You?
Minimum of 6 years of related experience
Bachelor's degree preferred with Masters or equivalent experience
About Us: About DTCC
DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.
Our work environment favors 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.
About the Team: DTCC Solutions delivers information-based and business processing solutions to financial intermediaries globally.
As part of DTCC Solutions, the Business Risk Management (BRM) team works closely with the business, technology and control functions, as well as BRM staff, to identify, measure, monitor, control and escalate risks for assigned Solutions business(es). BRM develops deep and broad product and risk knowledge necessary to effectively measure and manage risk and works in collaboration with senior management to manage these risks within defined risk tolerances, as approved by the Board and senior management.
DTCC

Philippines
Permanent
Full-time