Depository Trust & Clearing Corporation Joins the 100,000 Jobs Mission to Hire Veterans

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The Depository Trust & Clearing Corporation (DTCC) has become the latest financial services firm to join the 100,000 Jobs Mission, a coalition of major corporations committed to hiring 100,000 American service veterans by 2020. In its announcement today, DTCC said it would proactively recruit veterans via job fairs, military bases, recruitment agencies and online initiatives.

“As the financial services industry continues to face a challenging landscape with new regulations and a heightened focus on risk management, we need people who possess the leadership, integrity, training, resourcefulness and technical skills that are typical of U.S. military veterans,” said Anthony Portannese, DTCC Managing Director, Human Resources.

“Our experience in hiring men and women who have served their country has proven that they are well suited to the task of helping us achieve our mission to protect our clients and the financial markets by reducing risks, amplifying operating efficiency and minimizing costs," Portannese added.

DTCC says the 100,000 Jobs initiative complements its current recruiting strategy and aligns with its goal to hire top talent. In recent months, DTCC has successfully tapped the veteran talent pool in Tampa, Florida, where its Southern Business Center is located. The majority of recent new hires at this facility have been in the area of information technology. Tampa is also home to MacDill Air Force Base, where more than 15,000 military and 2,700 civilian personnel are stationed.

“Information security is more important than ever in today’s financial services environment of expanding regulatory requirements and the ever-increasing frequency and sophistication of threats to systems and information,” said Mark Clancy, DTCC Managing Director, Technology Risk Management, who oversees DTCC’s Corporate Information Security Office.

“With DTCC’s critical role in providing safety and soundness to the financial services industry, we are always on the lookout for talented individuals who have the skills to help us maintain top-notch information security programs to protect the nation’s financial infrastructure," Clancy noted. "We have successfully found those skills in our U.S. veterans, many of whom come from MacDill and the surrounding Tampa market.”

There are more than 40 corporate partners involved with the 100,000 Jobs Mission including JPMorgan Chase, IBM, Verizon and AT&T to name a few.

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