The Depository Trust & Clearing Corporation (DTCC) Logo

The Depository Trust & Clearing Corporation (DTCC)

Associate Director, Business Analysis & Transformation

Posted One Month Ago
Be an Early Applicant
In-Office
Boston, MA, USA
Senior level
In-Office
Boston, MA, USA
Senior level
Lead business analysis and performance management to improve platform strategy, project delivery, and operational outcomes. Establish operational best practices, track KPIs/OKRs, run root-cause analysis, document requirements, and lead cross-functional initiatives to reduce risk and improve financial and client outcomes.
The summary above was generated by AI

 

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.

Enterprise Services comprises of multiple business platforms including Client Services, Global Business Operations, Business Architecture, Data Strategy and Analytics, and Digital Services, which report into the Chief of Enterprise Services. These grouped platforms enable the business to optimize delivery for clients, generate efficiencies and resilience, and enable consistency in the business digitization strategy, processes and end-to-end best practices. .

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:

The Associate Director, Business Analysis, is responsible for driving measurable improvements in platform strategy, project delivery, and operational outcomes – with a direct focus on achieving better financial performance, delivering more value to clients and the enterprise, and reducing risk. The Associate Director develops and maintains systems to track performance, identifies and addresses gaps, and leads cross-functional initiatives to optimize results. The role requires a strong analytical mindset, the ability to lead root cause analysis, and the skills to mobilize cross-functional teams and implement solutions. Additionally, this person manages the book of work for the function, ensuring all projects and initiatives are aligned with strategic objectives and delivered effectively

  • Operational Excellence, Process Transformation & Automation: Develop and maintain an end-to-end understanding of management systems and operational processes spanning multiple functions. Identify gaps in management practices and operational processes, including strategy execution, performance management, governance, data quality, client lifecycle management, and product lifecycle management. Drive improvements that strengthen operational maturity, simplify and standardize processes, and identify opportunities for automation. Develop target-state solutions and lead cross-functional initiatives that improve financial performance, client outcomes, and risk management.
    Cross-Functional Leadership: Drive organizational change by building alignment across Product Management, Client Operations, Technology, Risk, and other stakeholders. Develop recommendations, influence priorities, challenge existing practices, and lead initiatives from concept through implementation and benefit realization.
  • Performance Tracking & Analytics: Develop and maintain systems and processes to monitor platform strategy, project execution, and operational performance (e.g., OKRs, KPI trees), enabling fact-based, data-driven decision making
  • Continuous improvement: Monitor performance results, conduct root cause analysis, identify corrective actions, and track benefit realization. Ensure improvement initiatives deliver measurable outcomes aligned with business objectives and inform future priorities and decision making
  • Project Delivery: Oversee the delivery of projects and programs, ensuring robust governance, transparent reporting, effective risk management, and alignment with strategic objectives.
  • Business Analysis & Transformation Design: Lead discovery and requirements activities for strategic initiatives, including process analysis, business rules, data requirements, workflow design, capability definition, acceptance criteria, and success metrics. Translate business needs into clear, actionable requirements and target-state designs that align with business objectives and support effective solution delivery.
 

Qualifications:

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

Talents Needed for Success:

  • Significant experience in performance management, business analysis, operational excellence, project/program management, or related fields. 
  • Outstanding analytical and problem-solving skills 
  • Experience in project/program leadership 
  • Experience documenting requirements and driving cross-functional initiatives. 
  • Excellent written and verbal communication and stakeholder management skills
  • Advanced proficiency in Microsoft Excel and PowerPoint; familiarity with Power BI or similar tools is a plus
  • Basic understanding of B2B technology platforms and system integration concepts (e.g., network connectivity, channels, formats, etc.)

 

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.

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 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.

Learn more about Clearance and Settlement by clicking here.

About the Team

Enterprise Services comprises of multiple business platforms including Client Services, Global Business Operations, Business Architecture, Data Strategy and Analytics, and Digital Services, which report into the Chief of Enterprise Services.

These grouped platforms enable the business to optimize delivery for clients, generate efficiencies and resilience, and enable consistency in the business digitization strategy, processes and end-to-end best practices.

The Depository Trust & Clearing Corporation (DTCC) Boston, Massachusetts, USA Office

Boston, United States

Similar Jobs

24-27 Hourly
Internship
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
An 11-week Analyst Development Internship focused on gathering and analyzing qualitative and quantitative data, identifying performance trends, solving business problems, and recommending solutions that inform decisions in the insurance industry. Interns receive analytical and technical training, work independently and collaboratively, and use tools such as Excel, SQL, Python, R, SAS, Snowflake, and Power BI.
Top Skills: Ai ToolsExcelPower BIPythonRSASSnowflakeSQL
An Hour Ago
Remote or Hybrid
United States
160K-180K Annually
Senior level
160K-180K Annually
Senior level
Artificial Intelligence • Big Data • Cloud • Information Technology • Software • Big Data Analytics • Automation
Design and deploy production AI assistants, copilots, agents, RAG systems, and workflow automation using enterprise data. Build AI backend services, APIs, microservices, and AWS serverless workflows; integrate enterprise platforms; implement observability, responsible AI, human-in-the-loop controls, and traceability. Partner with Data, IT, and business teams to improve operational processes and decision-making while managing production incidents, model rollbacks, performance, accuracy, and cost.
Top Skills: AirflowAmazon Api GatewayAmazon BedrockAmazon EventbridgeAmazon S3AnthropicAws LambdaAws SagemakerAws Step FunctionsAzureCi/CdDbtGeminiGoMcpMlflowMlopsN8NOauthOpenaiPgvectorPythonRagRbacSalesforceSemantic RetrievalServicenowSnowflakeSnowflake Cortex SearchSnowflake Ml RegistrySnowparkSsoTypescriptVector SearchWeights & Biases
Senior level
Financial Services
Supports Financial Advisors and ultra-high-net-worth clients through onboarding, account maintenance, investment recommendations, trade execution, portfolio review preparation, money transfers, and administrative operations. Serves as a liaison among clients, advisors, branch management, compliance, and internal teams while ensuring regulatory compliance and delivering personalized wealth management solutions.
Top Skills: ExcelMicrosoft PowerpointMicrosoft WordSeries 66Series 7

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

Key Facts About Boston Tech

  • Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
  • Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
  • Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
  • Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account