PLEASE NOTE: THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP

What You'll Do:

As an Associate Principal and Product Owner in FRM (Financial Risk Management), you will support the development, implementation, and continuous improvement of OCC’s next-generation risk management systems. This person is responsible for discovering, synthesizing, and analyzing information from different FRM teams-Market Risk, Credit Risk, Stress Testing etc., including tools, processes & procedures, documentation, stakeholders and support analysts in building requirements for different Risk Applications. The ideal candidate is a proven change agent with a demonstrated ability to solve complex problems through logical, digestible solutions that deliver key value to our stakeholders. Additionally, this individual must be comfortable communicating to all levels of the organization as well as inside and outside the organization. Skills that are foundational to the success of this role include, but are not limited to, communication, analytical, problem solving, process modelling, facilitation, elicitation, scope management, leadership and agile mindset.

Product Responsibilities:

• Act as a partner to both the business and the technology teams.
• Collaborate with different FRM teams to collect requirements for various risk management applications  
• Identify scope gaps and missing requirements by acquiring an in depth understanding of current state (i.e., legacy system) and future state of various Risk Applications
• Identify various risk teams inter-dependencies and support integration across Risk Platform
• Prepare for and lead requirement workshops, discussions with vendor, stakeholders and product owners.
• Lead requirements review sessions with stakeholders to verify the completeness and adequacy of requirements and use cases; assist in the development of acceptance criteria
• Support or develop test plans and test cases; participate in test results verification
• Assist in developing strategies for knowledge transfer and maintenance of risk systems
• Participate in the final acceptance testing following product deployment

Requirements

The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions:

• Previous work experience of 7 or more years, building and working with pricing and risk management systems preferable
• Understanding of the financial services industry, including pricing, margins, collateral, liquidity, and operational risks of broker-dealers, futures commission merchants, commercial banks, pension funds, exchanges, and financial market utilities
• Preference given to candidates with understanding of markets and financial derivatives in equities, interest rate, and commodity products.
• Experience with Agile software development.
• Proficiency using Jira, Confluence, Tableau and Microsoft Office applications.
• Preferred business experience in clearinghouse activities.
• Self-motivated and self-starting; working with little supervision and picking up new and unfamiliar concepts.

• Knowledge of cloud technologies; experience working with AWS a plus.

Education and/or Experience:

• Bachelor’s degree (or equivalent) in relevant fields including Accounting, Finance, Computer Science, Management Information Systems, Engineering among others
• MBA, MS or equivalent graduate degree in a relevant field preferred

Certificates or Licenses:

• CCBA, CBAP, and/or AAC certification is a plus.

About Us

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

Benefits

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

• A hybrid work environment, up to 2 days per week of remote work
• Tuition Reimbursement to support your continued education
• Student Loan Repayment Assistance
• Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
• Generous PTO and Parental leave
• 401k Employer Match
• Competitive health benefits including medical, dental and vision

Visit https://www.theocc.com/careers/thriving-together for more information.

Compensation

• The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education.
• In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.
• We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers
• All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.

Salary Range

Incentive Range

This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.  

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location. 

For more information about OCC, please click here.

OCC is an Equal Opportunity Employer