DTCC
Market Risk Analyst* (Re-Emerge Program)
DTCC, Jersey City, NJ
Job Description
**iRelaunch 2022**
Are you ready to explore a world of possibilities?
Join our DTCC family, and you'll grow your expertise and become the best version of you. As you embark on a new journey, you'll be supported and surrounded by other professionals as you learn new skills, advance your career, and see the impact of your efforts every day.
Pay and Benefits:
Why you'll love this job:
The Market Risk Analyst is responsible for the daily monitoring of liquidity and market risk exposure presented by clients, perform analysis based on the clients and senior managements requests, and work with technology team with system enhancements. Being a member of our Risk Management team, you'll work to protect the safety and soundness of our systems and are responsible for identifying, handling, 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.
Your Primary Responsibilities:
Talents Needed For Success:
We offer top class training and development for you to be an asset in our organization!
Who We Are:
DTCC is the heart of the post-trade market infrastructure for the global financial services industry. From 21 locations all over the world, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. In 2020, DTCC's subsidiaries processed securities transactions valued at more than U.S. $2.3 quadrillion.
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
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.
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.
**iRelaunch 2022**
Are you ready to explore a world of possibilities?
Join our DTCC family, and you'll grow your expertise and become the best version of you. As you embark on a new journey, you'll be supported and surrounded by other professionals as you learn new skills, advance your career, and see the impact of your efforts every day.
Pay and Benefits:
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits, based on location
- Retirement benefits
- Paid Time Off and other leave of absence
- Flexible/Hybrid Work Arrangements
Why you'll love this job:
The Market Risk Analyst is responsible for the daily monitoring of liquidity and market risk exposure presented by clients, perform analysis based on the clients and senior managements requests, and work with technology team with system enhancements. Being a member of our Risk Management team, you'll work to protect the safety and soundness of our systems and are responsible for identifying, handling, 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.
Your Primary Responsibilities:
- Perform day-to-day functions contained in the unit's procedures such as researching significant increases in margin requirements, settlement obligation, tracking trading patterns of member firms etc.
- Develop a strong understanding of client's business and risk profiles in order to serve as a point of contact for risk related support and inquiries.
- Assess existing processes and suggest new ones that most effectively anticipate, handle, and reduce risk to DTCC and its participants.
- Perform research necessary to support analyzing different margining methodologies.
- Execute the plan for implementation of new margining methodologies and enhancements of existing methodologies, including preparation of test scripts and testing, preparation of business requirements, progress memos, etc.
- Educate clients on FICC's services and Risk initiatives.
- Provides support for the preparation of written responses to audit and regulatory reports.
- Take ownership for identifying and mitigating risk within assigned areas of responsibility and for supporting risk mitigation across DTCC.
- Assess existing processes and suggest new ones that most effectively anticipate, manage, and reduce risk to DTCC and its participants.
- Aligns risk and control processes into day-to-day responsibilities to monitor and mitigate risk; escalates appropriately.
Talents Needed For Success:
- Bachelor's degree or higher
- Must be analytical and detail oriented while working with large data sets
- Ability to handle client inquiries with excellent communication skills
- Familiarity with risk management methodologies (i.e. VaR) is a plus
We offer top class training and development for you to be an asset in our organization!
Who We Are:
DTCC is the heart of the post-trade market infrastructure for the global financial services industry. From 21 locations all over the world, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. In 2020, DTCC's subsidiaries processed securities transactions valued at more than U.S. $2.3 quadrillion.
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
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.
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.