DTCC

Corporate Actions Testing Associate Director

DTCC • $110K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of 8 years of related experience required
  • Bachelor's degree preferred or equivalent experience
  • Strong subject matter expertise in testing and operations
  • Proven ability in decision-making and accountability for quality results
  • Excellent communication skills for articulating complex information

Responsibilities

  • Oversee day-to-day User Acceptance Testing (UAT) activities
  • Make informed decisions based on data, with accountability for results
  • Understand and apply relevant regulations and policies
  • Present technical information effectively to diverse audiences
  • Develop and coach team members for performance improvement
  • Identify and implement process enhancements using subject matter expertise
  • Build and maintain relationships with stakeholders to improve operations
  • Execute departmental goals consistent with divisional strategy
  • Develop and deliver training plans for staff development
  • Monitor controls and establish procedures to mitigate risk

Benefits

  • Support for continuous personal and professional development
  • Opportunities for mentorship and coaching
  • Transparent work environment that encourages honesty
  • Culture that values feedback and respect
  • Involvement in strategic departmental initiatives
Full Job Description
Job Description

The Impact you will have in this role:

The Global Business Operations (GBO) organization is responsible for all operations and asset services supporting the following DTCC businesses:The Depository Trust Company (DTC), National Securities Clearing Corporation (NSCC), Fixed Income Clearing Corporation (FICC) - Government Securities Division (GSD) & Mortgage-Backed Securities Division (MBSD), Wealth Management Services (WMS), Insurance & Retirement Services (I&RS), Solutions Operations - Global Market Entity Identifier (GMEI), and Global Service Bureau (GSB). GBO's mission is to provide the Securities Industry with superior operations processing and client services support in an environment that minimizes risk and cost while maximizing efficiency. Corporate Actions Testing is responsible for testing system enhancements as well as new applications on behalf of the end user to validate that the expected results have been met prior to production deployment. Testing takes place in a non-production region to closely simulate the production environment. Key Functions and Responsibilities: partner with Product Management, Operations and IT, and are part of squads across multiple projects, perform automation as needed with the available testing tools, and signoff on new functionality, changes, or fault fixes before production deployment, and evidence of test plans, test cases and post-test reports.

Your Primary Responsibilities:
  • Performs oversight of day-to-day UAT activities, including preparation and execution of test cases, exception resolution, delivering to project deadlines, adherence to controls and risk management activities.
  • Makes well-informed, effective, and timely decisions, using available data, perceives the impact and implications of decisions. Holds self and others accountable for measurable high-quality, timely results.
  • Understands, applies principles, procedures, requirements, regulations, and policies related to specialized business functions. Support and drives continuous improvement.
  • Articulates and presents complex or technical information clearly and effectively to stakeholders and/or non-technical colleagues, in both small and large group settings.
  • Oversees performance management by developing, and coaching team. Strong talent evaluator with a focus on development of others to perform by providing ongoing feedback and by providing opportunities to learn through formal and informal methods.
  • Uses subject matter expertise to review and enhance the control environment, and identify and implement process improvements.
  • Builds and maintains strong relationships with internal and external stakeholders to facilitate issue resolution, process improvements, and risk reduction. Takes a lead role on department projects and initiatives.
  • Implements short and medium term strategy and ensures execution of divisional goals at a department level.
  • Oversees development of training plans and delivery to meet staff development targets.
  • 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:
  • Highlights the expected benefits of new actions and strategies to help others overcome fears of change.
  • Fosters a culture where honesty and transparency are expected.
  • Proactively seeks feedback from others on his/her own performance.
  • Ensures that regular feedback is given in a constructive and behaviorally oriented manner.
  • Supports an environment where individuals are respected for their contributions.


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.

About DTCC

The Depository Trust & Clearing Corporation (DTCC) is a financial services company that provides clearing, settlement, and information services for the global financial industry. DTCC was founded in 1999 and is headquartered in New York City. The company operates through subsidiaries that provide services such as trade matching, risk management, and asset servicing. DTCC is owned by its users, which include broker-dealers, banks, and other financial institutions. The company is committed to reducing risk and increasing efficiency in the financial markets.
Learn more about DTCC
Size
4,000 employees
Industry
Founded
1973

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