Business Analysis Associate 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 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.

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. 

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:
  Counterparty Credit Risk Business Analysis is responsible for partnering with counterparty credit risk management users, domain experts, technology and specific business and product areas to support CCR management related projects. Business Analysis liaised with interested parties to assess, analyze, capture, document, communicate, coordinate, validate and deliver business, regulatory, audit and system requirement for financial risk management application. Business analysis role specializes in acting as the main interface between technology and business areas enabling change in an organization context, by defining needs and recommending solutions that can deliver value and help improve the way we make decisions for participants. The Credit Risk Business Solutions (CRBS) team within CCR is responsible for overseeing technology-related projects from initiation to close out. CRBS's prime directive is to work with project team members to understand, communicate, document, coordinate, validate, and deliver business requirements for technology-related projects identified during the budget process, ad-hoc projects that arise, and also as assigned through the Risk Working Committee. CRBS also contributes to the finalization of supporting documentation such as risk assessments for such technology-related projects as well as associated user testing. 

Your Primary Responsibilities: 

• Consult with business users and collaborate with them for eliciting requirements using interviews, document analysis, requirements workshops, surveys, business process descriptions, use cases, business analysis, and workflow analysis.
• Draft business requirements and user stories with applicable acceptance criteria in collaboration with business domain experts and information technology.
• Specializes in acting as the main interface between information technology and business areas for requirement discussion.
• Evaluate test scenarios and test cases based on established system specifications and user requirements.
• Participate in project planning activities and manage multiple projects simultaneously while meeting deadlines.
• Understand business operations and see opportunities for improvement.
• Understand software development and technical concepts and communicate them to non-technical partners.
• Contribute to the creation and support of detailed documentation which support business processes, requirements, and project enhancements.
• Partner with multi-functional business teams, risk business analysts, and technology delivery teams to support all aspects of business requirement gathering and user acceptance testing.
• Review requirements from business users’ perspective to ensures the testing plans cover business requirements and work in alignment with business users to identify and document business test cases and their testing approach.
• Oversee and take ownership of end-to-end test case development and execution, including coordinating end-to-end testing efforts with internal and external interfaces.
• Communicate effectively with partners with status of testing and any concerns that will affect quality or timeliness.
• Prepare the data within the environment necessary to test application functionality for larger and more complex systems and assist in coordinating the implementation of changes to improve performance.
• Plan, organize, estimate, and implement business validation, including test case execution and documentation, business validation status reporting and tracking, recording and analyzing of results of testing sessions, preparing and presenting results.
• Provide input into user sign-off required to approve production implementations.
• Perform implementation validation and post implementation support.
• Provide regression testing of product changes.
• Mitigate risk by following established procedures and monitoring controls, spotting key errors, and demonstrating strong ethical behavior.
• Coordinate with the Counterparty Credit Risk teams to understand business needs and opportunities for automation.
• Conduct training and oversee demos of new automation to ensure the CCR team understanding of the new functionality.
• Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.

Qualifications:

• Minimum of 8 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success: 

• Minimum of 5-7 years of related experience in Business Analysis, Data analysis or software testing
• Experience with and Ability to prototype new functionality using SQL Python, PowerBI, Tableau is a plus
• Experience in Financial industry with focus on Risk Management, particularly Counterparty Credit Risk Management, is preferred

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.

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 www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.

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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