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The Depository Trust & Clearing Corporation (DTCC)

Risk Digital Assets Associate Director

Reposted 24 Days Ago
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In-Office
Boston, MA, USA
Senior level
In-Office
Boston, MA, USA
Senior level
Lead risk management for digital asset clearing initiatives, build risk frameworks across credit, liquidity, operational, cyber, and model risk, onboard novel participants, develop KRIs and limits, support regulatory engagement and audits, and collaborate with cross-functional teams to enable safe expansion of tokenized markets.
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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're 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:

DTCC, a technology-propelled clearinghouse at the forefront of capital market infrastructure innovation, is seeking a strategic and hands-on Risk Manager to lead risk initiatives related to digital assets and tokenized markets. This role will support the safe and controlled expansion of our digital clearing and settlement capabilities-helping to shape the next generation of financial infrastructure. You will work cross-functionally to build and implement risk frameworks aligned with regulatory standards, member protection, and enterprise risk tolerance, while enabling innovation in areas such as tokenized asset clearing, crypto-collateral acceptance, and distributed ledger-based settlement solutions.

Your Primary Responsibilities:

  • Identification and assessment of risks for digital asset clearing initiatives-including new product offerings, digital custody models, smart contract-based workflows, and blockchain settlement rails.
  • Contribute to fit-for-purpose risk frameworks for digital asset products and services across credit, liquidity, operational, cyber, and model risk.
  • Support the onboarding of novel participants (e.g., digital asset custodians, decentralized platforms) and assess their risk to the clearing ecosystem.
  • Collaborate with technology, legal, compliance, operations, and product teams to ensure that risk considerations are embedded throughout development and execution.
  • Develop and maintain key risk indicators (KRIs), limits, and reporting for digital asset exposures, blockchain platform dependencies, and third-party technology providers.
  • Support regulatory engagement and internal/external audits related to digital asset risk oversight, including under CFTC, SEC, and other applicable regulatory frameworks.
  • Contribute to scenario analysis and recovery/wind-down planning involving digital asset disruptions, cyber events, or collateral shortfalls.
  • Stay informed on evolving market structure, standards (e.g., ISO 20022, smart contract standards), and global regulatory trends in tokenized asset clearing.
  • Mitigates risk by following established procedures, spotting key errors and demonstrating strong ethical behavior.

**NOTE:  The Primary Responsibilities of this role are not limited to the details above. **

Qualifications:

  • 5 years of relevant experience in financial risk management, clearing operations, fintech infrastructure, or crypto asset markets.
  • Bachelor's degree preferred or equivalent experience; master\'s or professional certification (e.g. FRM, CISA, CAMS, blockchain certifications) a plus.

Talents Needed for Success:

  • Deep understanding of clearinghouse risk frameworks (e.g., CCP credit and liquidity risk models, default management, margin methodologies) and how they apply to digital assets.
  • Familiarity with blockchain protocols, collateral management, digital custody, tokenized securities, and stablecoin mechanics.
  • Demonstrated ability to bridge innovation and risk management, especially in a regulated, member-focused environment.
  • Strong written and verbal communication skills with experience addressing and presenting to committees, auditors, or regulators.

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 TeamOur 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. 

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

Boston, United States

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