Michael Rivas

Executive Director, Head of Third Party Risk Management

Michael Rivas is Executive Director, Head of Third Party Risk Management at DTCC.  In this role, Mike leads  a team that partners with DTCC’s businesses and subject matter experts to manage DTCC’s third party risk globally.  This includes establishing processes for identifying, assessing, monitoring, and mitigating the risks that third parties may pose to DTCC. 

Mike’s team is also responsible for leading outreach to third parties in response to COVID-19, and has been coordinating with subject matter experts to understand how the “next normal” operating model may impact existing services from a risk perspective. 

Mike has served in various positions across the three lines of defense since joining DTCC in 2010.  This includes Operational Risk Management, Product Development, Market Risk and Internal Audit.  Prior to DTCC, Mike led audit teams at Bank of America and Merrill Lynch.