Jim Spangler

Managing Director, Deputy General Auditor, DTCC

As Deputy General Auditor at DTCC, Jim has responsibility for audit coverage of the core Clearance and Settlement functions that process over $1.5 quadrillion worth of securities transactions each year and asset servicing for security issues from over 130 countries valued at over $49 trillion.  Jim previously covered the DTC, NSCC and FICC Risk Management functions that cover the daily margin or clearing fund calculations for the industry, as well as Market, Credit, Liquidity, Systemic and Operational Risk functions.  Jim also manages the Audit Practices team covering Internal Audit’s policies, value assurance, and employee development.

Prior to DTCC, Jim held a variety of audit, operations, fraud detection and Six Sigma roles at Deloitte, Citibank, JP Morgan and Merrill Lynch including global audit responsibility for Equities, Private Equity, Originations, Research, Technology, Legal and Compliance.  Jim has over 35 years of risk management, control, and fraud prevention experience.  He has implemented global audit, fraud, and control assessment innovations, and served on the Board of Governors for the New York Chapter of the Institute of Internal Auditors.  Jim is a past president of SIFMA’s Internal Auditors Society, and continues to serve on their Executive Committee.  To ensure he doesn’t have time to get into any real trouble, Jim is actively involved with Long Island philanthropy, including the Carle Place Athletic Booster Club, Relay for Life, and Scouting.