Are you ready to make an impact at DTCC?Do you want to work on innovative projects that have the potential to positively impact the entire U.S. financial market, 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 our team has the skills, experience, and judgment to make a meaningful impact on the safety and stability of the financial markets. We foster a thriving, supportive internal community and are committed to creating a workplace that looks like the world that we serve.The General Counsel’s Office is a valued, trusted and responsive partner within DTCC. The team promotes and protects the best interests of the DTCC family of companies by creating and facilitating solutions, providing guidance on legal and regulatory matters and collaborating closely with its business partners in delivering innovative products and services that have the potential to re-shape the U.S. financial markets. Pay and Benefits:Competitive compensation, including base pay and annual incentiveComprehensive health and life insurance and well-being benefits, based on locationPension / Retirement benefitsPaid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-beingDTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote The Impact You Will Have in This RoleThe Executive Director, Associate General Counsel will serve as a senior legal advisor supporting legal and regulatory matters that impact DTCC’s financial market infrastructure businesses; including, for example, issues related to risk management; bankruptcy, insolvency and default issues impacting clearing agency participants; and clearing agency recovery and wind-down planning. This role will provide practical, business-facing legal advice to senior stakeholders and cross-functional partners within NSCC and FICC, including the business, treasury; market, financial risk management; default management and recovery and wind-down planning teams.This is a highly visible role for a lawyer who understands financial markets, clearing, broker-dealer activity, secured financing, repos, member default scenarios, and the legal and regulatory concepts that underpin resilient market infrastructure. The successful candidate will bring deep bankruptcy and insolvency expertise, strong judgment providing legal support to highly regulated financial services infrastructure, and the versatility to contribute beyond a single specialty area — including developing, drafting and submitting proposed rule change and other regulatory filings, expertly managing regulatory communications, including in examinations, issue-spotting and providing sounds legal guidance regarding clearing-related default and risk management matters, and recovery and wind-down planning.Your Primary ResponsibilitiesServe as a senior legal advisor on regulatory legal matters impacting DTCC’s clearing agency businesses, including, for example, the risk management, bankruptcy, insolvency and default management issues impacting clearing agency participants and clearing agency recovery and wind-down planning.Provide legal support to NSCC and FICC internal stakeholders, including the treasury, financial risk management and default management, compliance, on matters involving member defaults, liquidity and other financial risk management matters, clearing agency recovery and resolution planning, and related financial market infrastructure issues.Advise on legal and regulatory implications of bankruptcy and insolvency scenarios involving clearing agency participants, including broker-dealers, banks, or other market participants.Support recovery and wind-down planning, including legal analysis connected to default management, member failure scenarios, and market resiliency.Draft, review, and advise on regulatory filings, rule changes, member communications, regulatory correspondence and examinations, and other legally sensitive communications.Partner with stakeholders across Legal, Risk, Compliance, Treasury, Operations, Regulatory Relations, and business teams to provide clear, actionable guidance.Monitor relevant legal, regulatory, and market developments impacting the clearing agencies, including developments related to bankruptcy, insolvency, default management and recovery and wind-down planning.Support interactions with regulators, potentially including the SEC, FINRA, Federal Reserve, CFTC, and other domestic or international authorities.Provide legal advice on complex business initiatives and help translate legal risks into decision-ready recommendations for senior leaders.Maintain and deepen subject matter expertise in financial market structure, clearing, insolvency, and regulatory developmentsDrive closure on complex legal issues by framing tradeoffs, decision points, mitigants, and practical paths forward Handle other routine corporate legal matters, strategic projects, and ad-hoc requests, as needed. NOTE: The Primary Responsibilities of this role are not limited to the details above.Qualifications8-15 years experience of relevant professional legal experience at a top-tier law firm or in-house legal department; Juris Doctor required.Admitted to practice law in at least one U.S. jurisdiction.Significant legal experience advising on bankruptcy, insolvency, restructuring, default management, secured transactions, financial services, broker-dealer, banking, clearing, or related regulatory matters.Strong financial industry experience, ideally gained at a broker-dealer, bank, asset manager, financial market infrastructure, regulator, law firm financial restructuring practice, or financial services firm that interacts with DTCC.Experience with clearing, settlement, repos, securities financing, collateral, liquidity, member default, or related market structure concepts strongly preferred.International or cross-border experience helpful, particularly where legal work intersects with licensing, regulatory approvals, or global market infrastructure operations.Experience with regulatory filings, rule changes, regulatory communications, or regulator-facing written materials preferred.Prior in-house experience at a regulated financial institution or market infrastructure organization helpful.Talents Needed for SuccessDeep bankruptcy / insolvency legal expertise with the ability to apply that expertise in a financial markets context.Versatility and intellectual curiosity; willing and able to stretch beyond core subject matter expertise to serve as broad legal advisor neededStrong understanding of market structure, clearing, broker-dealer activity, repos, collateral, liquidity, default management, and related financial concepts.Ability to provide practical, risk-calibrated legal advice in complex, highly regulated environments.Strong drafting skills, including the ability to write clearly for regulators, senior leaders, business partners, and cross-functional stakeholders.Business-facing judgment: able to distinguish theoretical legal risk from material business or resiliency risk.Executive presence and credibility with senior stakeholders.Strong collaboration skills across Legal, Risk, Treasury, Compliance, Operations, and business teams.Ability to work independently, manage competing priorities, and drive issues to closure.Comfort operating in ambiguity, with sound judgment under pressure.