Third Party Risk Senior Associate (US Shift)

Manila City, Metro Manila
Permanent
Full-time

6 days ago

Job Category: Risk ManagementJob 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:Operation Risk Management, ORM establishes protocols for analyzing, reporting, escalating, and mitigating operational risks. Ops Risk works with the business unit management and support functions to help them manage their operational risk exposures. Third Party Risk (TPR) establishes the Third Party Risk Management framework for the organization. TPR identifies, assesses and mitigates the risks that Third Parties pose to the organization through risk assessments, due diligence reviews, and implementation of ongoing monitoring requirements for Critical and High-rated Third Parties.Your Primary Responsibilities:

Build strong relationships with internal and external stakeholders.
Participate in discussions with internal and external stakeholders to plan and execute on process enhancements.
Demonstrate effective written and verbal communication skills, active engagement in meetings and thought leadership.
Provide guidance to internal stakeholders on processes and address issues and inquiries timely.
Act as a subject matter expert (SME) and collaborate with fellow technology teams to deliver solutions.
Prioritize multiple tasks and initiatives.
Produce and maintain reporting and metrics for both internal and external stakeholders. Analyze and present data and information to senior leadership within the team and with other departments. Recommend suggestions for improvements.
Demonstrate and apply a thorough understanding of risk management processes and activities, with specific focus on key third party risks, the third party risk life cycle, and regulatory rules and guidance on third party risk.

Lead technical subject matter expert reviews for Third Party risk assessments, where appropriate. Provide input on riskmanagement and mitigation practices. * Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately**NOTE: The Primary Responsibilities of this role are not limited to the details above. **Qualifications:

Minimum of 6 years of related experience
Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

Fosters a culture where honesty and transparency are expected.
Stays current on changes in his/her own specialist area and seeks out learning opportunities to ensure knowledge is up-to-date.
Invests effort to individually coach others.
Builds collaborative teams across the organization.
Communicates openly keeping everyone across the organization informed.

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 or connect with us on , , , and .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 .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.

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