Corporate Actions Executive Director

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 are 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).

• Principal and Income (P&I): Includes cash distribution events such as dividends, interest, and pro-rata principal, as well as redemption events such as partial and full calls, and maturities.
• Stock Dividends: Includes stock distribution events such as forward stock splits, spin-offs, rights distributions, as well as processing dividend reinvestment instructions on behalf of DTC's clients.
• Dividend International Services (DIS): Includes optional services to investors such as events with foreign currency options and "at-source" tax relief.
• Global Tax Services: Performs processing associated with classification, withholding, remittance, and reporting of US-sourced income to the IRS, and year-end reporting to the IRS on behalf of DTC, NSCC and FICC.
• Mandatory Reorganization: Includes cash and stock events such as mergers, reverse splits, name changes and bankruptcies where there is no decision to be made by an investor.
• Voluntary Reorganization: Includes cash and stock events where an investor has a decision to make. These events include tenders, mergers with election, election of rights and warrants, exercise of convertible securities and processing securities with put features.
• P&I Event Reconciliation Support (PIERS): Identifies, researches, and resolves residual payment discrepancies associated with P&I Events; performs supervising and reporting on P&I cash and securities accounts, as well as handles claims to and from issuers and agents.

• Possesses deep understanding of business line products and service offerings. Accountable for results of audits and risk assessments. Develop, communicate, ensure adherence to industry-related legislation, department risk policy, procedures, and standard methodologies.
• Collaborates with business management leadership and other collaborators to ensure considered input on initiatives and advancements that ensures an appropriate support model.
• Advances, articulates long-term strategy for the organization consistent with corporate vision. Acts as a motivator for change, ensures collaborator buy-in, holds self/management accountable for measurable high quality, timely, and cost-effective results.
• Cultivates an environment of regulatory awareness and compliance. Demonstrates, encourages behaviors and competencies that create a risk management attitude. Reduces risk through regular review of controls and implementation of operational improvements.
• Comfortable addressing internal and external senior collaborators, demonstrating strong verbal, and written communication skills. Ability to meet on regulatory matters. Participate in internal and external committees.
• Builds and leads a workforce based on organizational goals, budget considerations, and staffing needs. Develops human capital depth in a strong succession planning model. Leads multi-site workforce while optimally applying a sound location strategy.
• Connects strategic direction to fiscal responsibility. Understands business financials, adopts practical and workable approaches. Prepares, justifies, administers program budget, oversees procurement and contracting to achieve desired results.
• Develop sufficient resources to ensure the financial health of the organization. Establishes a climate of business regarding communication, collaboration, trust, diversity, employee satisfaction, and problem-resolution to drive solutions.
• Collaborates across boundaries to build strategic partnerships and achieve common goals. Develop partnerships with company collaborators, shareholders, industry regulators and other relevant parties.
• Ensure team is evaluated, recognized, and rewarded. Develops talented team of employees who can lead critical departments and handle strategic business functions. Monitors expenditures and use cost-benefit thinking to set priorities.
• Champions a risk management culture through implementation and demonstration of processes and procedures which identify and mitigate risk.

• Minimum of 15 years of related experience.
• Bachelor's degree preferred or equivalent experience.

• Sets a clear-sighted vision of the future to achieve the organization's desired market or business position; Describes how the vision for the organization's future can be realized through tangible actions.
• Drives a culture of motivation and commitment to the vision.
• Adapt presentation and communication style to fit the audience.
• Shapes the opinions of key decision-makers and senior leaders by presenting persuasive arguments and alternative approaches.
• Builds an organizational culture that embraces change as an opportunity rather than an obstacle; Empowers and supports individual efforts to align with change initiatives.
• Coaches, mentors and sponsors others across the organization.
• Promotes learning opportunities that build capability and broaden the experiences of the organization's top talent; Forecasts and works proactively to address long-term talent needs for the organization.
• Acts as a role model for respect and inclusion by showing consideration for people's different needs.
• Proactively develops and integrates diverse teams to achieve objectives.
• Encourages and supports awareness efforts for diverse cultural and social perspectives.