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Michele Hillery

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Michele Hillery

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Clearing & Settlement

Michele Hillery

General Manager of Equity Clearing and DTC Settlement Service, DTCC

Michele Hillery serves as General Manager of NSCC’s Equity Clearing and DTC’s Settlement Service at DTCC. In this role, she is responsible for setting business strategy and day-to-day management of equity clearing for trades executed on major U.S. exchanges and other equity trading venues. In addition, Michele oversees DTCC’s ongoing efforts to collaborate and build industry support for modernizing and transforming DTCC’s core businesses. She is also a member of DTCC’s Investment and Management Committee and Resiliency Committee.

Michele has over 20 years of experience in the financial industry, having held past roles within Product Management, Quality Assurance and Operations. Prior to joining DTCC’s Equity Clearing Product Management in 2013, Michele led FICC’s Mortgage-Backed Securities Division (MBSD) where she managed business operations and project development.

An active member of the industry, Michele often speaks at key conferences and events on topics that are shaping financial markets. She is also a member of SIFMA’s Operations and Technology Committee.

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