We clear and settle trades for the options industry.
Chicago, IL

Senior Associate, Business Engineering & Strategy (Control) at OCC

| Chicago
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Who We Are: 

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.

What We Offer:

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 3 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 

Competitive health benefits including medical, dental and vision

What You’ll Do: 

Participate in and support various team, department, and enterprise wide consultative engagements focused on but not limited to business process excellence. This role will contribute to the Business Engineering & Strategy team’s execution of high priority improvement initiatives in collaboration with business partners by assisting with project management, performing critical analyses, supporting facilitation of engagement activities and workshops, and ultimately producing high quality deliverables that provide the blueprints for short and long-term change. 

Primary Duties and Responsibilities: 

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

• Assist Business Engineering & Strategy team in fulfilling its vision to be OCC’s high-performing, flexible internal consultant advisory team by demonstrating strong client service and delivery excellence in everything we do. 

• Contribute to the critical analysis of the varied process, risk, control, technology dimensions of OCC’s operating model and aid in developing and socializing leading practices to be applied throughout the firm. 

• Support engagement activities such as workshops, focus groups, data analysis, etc. with business partners focused on business process and internal control improvement.

• Build a network across functions at OCC to understand business needs and create collaborative partnerships for success in driving change. 

• Assist with the creation and oversight of appropriate project management, governance, and oversight structures to support transparency in planning, execution, and communication of our engagements.

• Assist in root cause analysis, documentation, and presentation efforts for identified issues.

• Ensure deliverables are high quality and provide value throughout the organization.

• Contribute to the design and implementation of organization-wide process-centric methodologies (e.g., lean, six sigma), service management, and control frameworks. 

Supervisory Responsibilities:

 • This role does not have direct reports but may provide supervision to multiple cross-organizational teams within Business Engineering & Strategy engagements.


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

• Basic or working knowledge of management information systems and technology controls. 

• Basic or working knowledge of control frameworks, industry standards, and principles such as COBIT, NIST Cybersecurity Framework (CSF), Principles for Financial Market Infrastructures (PFMI), American Productivity and Quality Center (APQC), The Open Group Architecture Framework (TOGAF). 

• Practical experience in auditing/control evaluation and regulatory compliance matters a plus.

• Experience supporting internal or external client-driven problem solving through consultation and positive influence.

• Analytical, problem solving, and collaborative skills with the ability to exercise mature and timely judgment and decision-making.

Technical Skills:

• Experience with Microsoft Office tools (MS Project, Word, Excel, PowerPoint, Visio)

Education and/or Experience:

• 2+ years working in consulting, governance, risk management, internal control, or process improvement assessor, advisor, or practitioner roles.

Certificates or Licenses:

None required but preferred certificates include any of the following:

• Control Evaluation / Auditing / Examination: CIA, CISA, CFSA, CFE

• Risk Management: CRMA, CRISC

• Governance of Enterprise IT / InfoSec: CGEIT, CISM, CISSP

• Project Management: PMP, Agile

• Process Management: Lean, Six Sigma, ITIL

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Where we are

Adjacent to the Willis Tower, close to CTA, Metra and expressways with plenty of food and entertainment options nearby.

Technology we use

  • Engineering
    • .NETLanguages
    • AWS (Amazon Web Services)Languages
    • C#Languages
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • PerlLanguages
    • PythonLanguages
    • RLanguages
    • RubyLanguages
    • ScalaLanguages
    • SqlLanguages
    • SwiftLanguages
    • ReactLibraries
    • AngularJSFrameworks
    • Ruby on RailsFrameworks
    • SpringFrameworks
    • Microsoft SQL ServerDatabases

What are OCC Perks + Benefits

OCC Benefits Overview

Educational Assistance and Student Debt Forgiveness, 12-week paid parental leave, technology stipend up to $2,000, mobile data reimbursement of $35 per month. Open offices, online health coaching.

Volunteer in local community
Each year, OCC employees select a locally-based charitable organization for each of our three offices (Chicago, Dallas and Washington, D.C.). We offer multiple opportunities to get involved.
Partners with Nonprofits
OCC Partners with local organizations in Dallas, Chicago and DC to raise funds and support their missions. Employees select the charity and are eligible for up to 8 hours of paid time to volunteer.
Friends outside of work
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Open office floor plan
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Mental Health Benefits
Retirement & Stock Options Benefits
401(K) Matching
OCC provides employees with a 401(k) matching plan managed by Fidelity. We match 50% of contributions up to 6% of an employee's annual gross pay.
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Flexible Work Schedule
OCC provides employees with a flexible work schedule that includes Flexible start and end times.
Vacation & Time Off Benefits
Generous PTO
OCC employees receive between 22 and 32 days per year of paid time off based on years of service.
Paid Volunteer Time
Eligible employees get 30 days of paid sabbatical after their first 10 years of working at the company.
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
OCC Offers pre-tax commuter benefits for employees in Chicago and Washington, D.C.
Happy Hours
Relocation Assistance
OCC offers relocation assistance which varies based on the position level and location.
Professional Development Benefits
Job Training & Conferences
OCC offers employees professional development opportunities including onsite training courses and the ability to attend job related certification courses, conferences and seminars.
Tuition Reimbursement
Our tuition reimbursement plan offers an annual max of $1000.
Lunch and learns
OCC hosts leadership lunches on a regular basis so you can learn about your colleagues and their unique backgrounds.
Cross functional training encouraged
Promote from within
Online course subscriptions available
Customized development tracks
Paid industry certifications
Employees are strongly encouraged to stay current in relevant technologies and supports certification programs.

Additional Perks + Benefits

We were just recognized as a best place to work for working parents! Take a look at our blog post here: https://www.theocc.com/Newsroom/Views/2021/04-26-OCC-Designated-as-Best…

An Insider's view of OCC

What are some social events your company does?

Monthly happy hours and cultural celebrations to honor our diverse workforce.


Executive Director, Talent Acquisition

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