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OCC

Director, Release Engineering

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Hybrid
Chicago, IL, USA
172K-283K Annually
Hybrid
Chicago, IL, USA
172K-283K Annually

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*****THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP*****

What You'll Do:

This role will direct one or more teams that will work closely and collaboratively with Product Owners, Development, QA, Technical and Business teams to lead a sustainable Change and Release process. This role will have full responsibility for the release management life cycle, including but not limited to understanding individual and team specific release requirements, ensuring streamlined releases result in cadenced, organized, and successful outcomes.

Primary Duties and Responsibilities:

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

  • Direct one or more team(s) responsible for the establishment, documentation, and maintenance of Change and Release management processes and procedures

  • Be accountable for the end-to-end release process

  • Coordinate the scheduling of Change and Releases and maintain the release calendar

  • Work with technical and business teams to prioritize and scope scheduled releases

  • Manage risks and resolves issues that affect release scope, schedule and quality

  • Direct and participate in release meetings

  • Ensure accurate weekly release reporting

  • Direct the team(s) responsible for the creation and managing of release branches

  • Work with development and source code management to understand impacts of branches and code merges

  • Be accountable for Go-Live activities including the execution of the deployment Plans

  • Direct automation and the development of scripts and automation tools used to continuously improve the release process

  • Work with other technical team members to resolve all release related issues

  • Direct release review/retrospection meetings, gather feedback and ensure improvements are incorporated for future releases

  • Drive and direct continuous improvement through trend reporting analysis and metrics management |Serve as an advocate for release management, communicating release management processes and procedures throughout the company and assisting teams with adoption

  • Continually work towards making improvements in the release process

  • Stay current on trends and regulations to ensure effectiveness and compliance

  • Other job-related duties as assigned

Supervisory Responsibilities

  • Manage a team

Qualifications:

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.

  • [Required] 10+ years of previous release and/or project management experience, (Solid understanding of project management principles preferred)

  • [Required] Expert knowledge of the Software Development Life Cycle (SDLC) and Agile delivery methods

  • [Required] Strong collaboration and partnership skills to work with Development, infrastructure, operations and business teams

  • [Required] Expert experience working in an Agile environment

  • [Required] Expert troubleshooting skills

  • [Required] Have a flexible mindset with the ability to change as knowledge and conditions change, whether those changes are technical or business driven

  • [Required] Willingness to support and execute the current release and deployment model in parallel to developing automation of the processes

  • [Required] Strong collaboration and partnership skills to work with Development, infrastructure, operations and business teams

  • [Required] Excellent oral and written communication skills, ability to effectively communicate with all levels of management and the business

  • [Required] Excellent listening skills

Technical Skills:

  • [Required] Experience with source control tools such as SVN

  • [Required] Knowledge of DevOps and automation software such as Harness or similar. Excellent understanding of overall CICD pipelines and implementation.

  • [Required] Experience with Microsoft Office desktop tools (Word, Excel and Power Point)

  • [Required] 5+ years of previous Change and Release experience, (solid understanding of SDLC, ITIL and the Change and Release Management cycle)

  • [Required] Expert knowledge of the ServiceNow platform including the Change and Release modules

  • [Required] Solid understanding and experience of AWS, cloud computing, middleware and database technologies

Education and/or Experience:

  • [Required] Bachelor’s degree in Information Systems, Computer Science or related field or an equivalent combination of education and work experience

  • [Preferred] Masters degree

  • [Required] 10+ years of experience

  • [Required] Experience in the financial industry

  • [Required] Expert experience working in an Agile environment

  • [Required] Experience leading a team

Certifications

  • ITIL

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

$171,700.00 - $282,700.00

Incentive Range

23% to 30%

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

HQ

OCC Chicago, Illinois, USA Office

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

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

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