Market Risk Director

You will serve as a senior leader for the FR&G organization in Chennai, combining direct people management responsibilities with a broader leadership presence across the local Market and Liquidity Risk teams. This is a key role which strengthens DTCC’s global risk operating model, developing talent, and ensuring consistent execution and risk culture across regions.

Your Primary Responsibilities: 

• 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 [LL1] 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, and collaboration across teams, regardless of reporting alignment.
• Operate effectively in a matrixed environment, influencing stakeholders and driving outcomes across functions and regions, including in the absence of direct management authority.
• Establish strong cross-functional relationships to promote alignment, resolve competing priorities, and deliver consistent execution of risk objectives
• Provide senior leadership and serve as a central point of communication across stakeholders, providing clear, transparent, and timely updates on risk exposure, emerging issues, and strategic initiatives.
• Support responses and inquiries from internal audits, regulatory examinations, and governance reviews,  including issue remediation and appropriate escalation to senior management.
• Contribute to global risk governance forums, leadership discussions, and cross‑functional initiatives to support DTCC’s broader risk management strategy and objectives.
   

Qualifications:

• Minimum of 10 years of related experience
• Bachelor’s degree required; advanced degree (Master’s, MBA, or equivalent) preferred.
   

Talents Needed for Success:

• Significant experience in market risk, liquidity risk, stress testing, or financial risk management within a clearing organization, exchange, bank, or financial market infrastructure environment.
• Proven people leadership experience, including direct line management of managers and/or senior professionals.
• Demonstrated ability to provide leadership influence and coordination across teams without direct reporting relationships, particularly in regional or multi‑location environments.
• Strong understanding of financial markets, margining methodologies, liquidity risk frameworks, and regulatory expectations applicable to clearing agencies.
• Strong communication, judgment, and stakeholder engagement skills, with the ability to operate effectively at senior leadership levels.

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.