Market Risk Director

Job title: Market Risk Director

About the Role

As a Director in Market Risk within DTCC's Financial Risk & Governance (FR&G) group, you will provide senior leadership across FR&G and support DTCC’s clearing agencies and critical market infrastructure. You will be accountable for the identification, measurement, monitoring, and control of market and liquidity risk exposures, operating within Board-approved risk tolerances and regulatory expectations. Based in Chennai, you will lead local Market and Liquidity Risk teams and contribute to a global risk operating model.

What You'll Do

• Provide senior oversight of daily market and liquidity risk activities, including market risk, stress testing, liquidity sufficiency, and member exposure monitoring across DTCC clearing entities as we move toward 24x7 clearing.
• Ensure risk management practices adhere to DTCC policies, procedures, and regulatory expectations, exercising sound judgment and timely escalation where required.
• Partner closely with Quantitative Risk Management, Counterparty Credit Risk, and Clearing & Settlement stakeholders to support a cohesive and integrated financial risk framework.
• Drive continuous improvement of risk methodologies, processes, and controls to strengthen resilience under extreme but plausible market stress scenarios.
• Support enhancements to market, liquidity, and stress testing risk systems, tools, and reporting infrastructure through collaboration with technology and other stakeholders.
• Support risk assessments related to new initiatives, products, or material changes as required, consistent with established risk frameworks and governance.
• Lead, develop, and manage Market and Liquidity Risk professionals across the regional offices, including hiring, performance management, coaching, and career development.
• Serve as a senior leadership presence for the FR&G regional offices, fostering engagement, coordination.

What We're Looking For

• Senior leadership experience across Financial Risk & Governance (FR&G) with direct people management and experience leading regional offices.
• Strong understanding of market risk, liquidity risk, stress testing, margining methodologies, and the ability to oversee risk exposures in a 24x7 clearing environment.
• Ability to partner with Quantitative Risk Management, Counterparty Credit Risk, and Clearing & Settlement teams to support an integrated risk framework.
• Demonstrated ability to drive continuous improvement of risk methodologies, processes, and controls; resilience under extreme market stress.
• Experience leading risk system enhancements and reporting, and collaborating with technology and other stakeholders.
• Experience assessing risks for new initiatives, products, or material changes within governance frameworks.
• Ability to lead, hire, coach, and develop Market and Liquidity Risk professionals across regional offices.
• Ability to serve as a senior leadership presence for FR&G regional offices and foster engagement and coordination across teams.

Compensation & 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).