Client Account Services Director

JOB DESCRIPTION:

• The Client Account Services (CAS) team plays a key part in the client onboarding process for nearly every DTCC business line but is primarily focused on nonRDS services (Repository & Derivatives Services).
• The role involves leading all aspects of a team that works with clients on collecting necessary onboarding documentation conducts AML (AntiMoney Laundering) and KYC (Know Your Customer) checks and performs account activations and handles any lifecycle changes to the client accounts within the DTCC internal systems.

RESPONSIBILITIES:

• Translates organizational goals into specific objectives for the function. Provides input to functional strategy and leads the strategic direction. Determines evaluates and modifies goals as needed to meet the strategic needs
• Creates and maintains Team Book of Work and foresees resource demand needs. Leads new initiatives and ensures teams operational readiness to support new requirements and product offerings
• Conduct capacity planning assessment and make recommendations on staffing and location
• Continuously revise critical metrics and KRIs to improve client experience. Review regularly client feedback identify knowledge gaps and training needs
• Applies management reports and metrics to track performance of teams and individuals to ensure success in meeting the teams objectives. Performs talent review develops high potentials and drives dedication
• Ensures procedures and user guides are up to date and the team rigorously adheres to them. Mitigates risk by spotting key errors and demonstrating strong ethical behavior
• Drives audit review readiness and represents the function in internal and external audits
• Develops controls and monitor adherence to risk management protocols including management testing of key controls
• Owns Business Continuity Plans and effectively coordinates operations and client support in the event of crisis
• Ensures any client facing documentation is accurate
• Demonstrates influence and visibility by representing the function in key events with internal and external partners. Connects with initiatives outside immediate function to explore standard processes and demonstrate enterprise leadership
• Collaborates with other functions and departments to implement process efficiencies and improve client experience
• Additional ad hoc responsibilities as may be required
• Mitigates risk by following established procedures spotting key errors and demonstrating strong ethical behavior.

QUALIFICATIONS:

• Bachelors degree preferred or equivalent experience
• Minimum of 10 years of related experience
• Experience in leadership/people manager roles; preferably in a multinational environment
• Change Driven
• Stays current on changes in their own specialist area and seeks out learning opportunities to ensure knowledge is up to date.
• Invests effort to individually mentor others.
• Builds collaborative teams across the organization.
• Communicates openly keeping everyone across the organization advised.

ABOUT DTCC: With 50 years of experience DTCC is the premier posttrade 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 and bringing increased security enhanced resilience and soundness to financial markets. In 2022 DTCCs subsidiaries processed securities transactions valued at U.S. $2.5 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $72 trillion. DTCCs Global Trade Repository service through locally registered licensed or approved trade repositories processes more than 17.5 billion messages annually.

Relocation assistance: No

Visa sponsorship eligibility: No

Remote Work :

No