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

Associate Principal, Clearing, Pricing & Risk Developer

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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

The Senior Application Developer works with business analysts, team leads and other developers. A major contributor in Architecture design and development of scalable resilient hybrid Cloud-based solutions supporting critical financial risk management activities; mentor and collaborate with developers, architects and product owners to drive the strategy of transforming the enterprise into a data-driven organization; lead through innovative strategic thinking in building solutions. The Senior Application Developer will be a team player and work well with business, technical and non-technical professionals in a project environment.

Primary Duties and Responsibilities: 

• Actively participates and lead requirement analysis and reviews to identify missing or incomplete requirements. Must always look for assumptions made in the models and must always validate those assumptions of the models.

• Actively participates in design of highly performing, scalable, secure, reliable and cost optimized solutions.

• Primarily responsibility is application design and development of next gen streaming application for business requirements in agreed architecture framework and Agile environment

• Thoroughly analyzes requirements, develops, tests, and documents software quality to ensure proper implementation.

• Follows agreed upon SDLC procedures to ensure that all information system products and services meet: both explicit and implicit quality standards, end-user functional requirements, architectural standards, performance requirements, audit requirements, security rules are upheld, and external facing reporting is properly represented.

• Performs thorough code-reviews based on high engineering standards

• Writes unit and integration tests based on chosen DevOps frameworks.

• Performs application and project risk analysis and recommends quality improvements.

• Assists Production Support by providing advice on system functionality and fixes as required

• Communicates in a clear and concise manner all time delays or defects in the software immediately to appropriate team members and management

• Assist with departmental and new employee training

• Experience integrating modelling libraries required. Risk analytics technology implementations experience a plus

• A major influencer & strategic thinker, this person should also mentor developers and collaborate across multiple cross functional team to achieve the desired outcome.

Supervisory Responsibilities:

• NA

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. • 8+ year of experience in building large scale, compute and event-driven solutions.

• Experience (including internal workings of Java) in Java 8+ is required. 

• Experience developing software using Object Oriented Designs, advance patterns (like AOP) and multi-threading is required.

• Experience with high speed distributed computing frameworks involving MapReduce techniques like Apache Spark, Kafka Streams, Apache Flink etc. is desirable.

• Experience with distributed message brokers like Kafka, RabbitMQ, ActiveMQ, Amazon Kinesis, etc. is desirable.

• Experience with cloud technologies and migrations. Experience preferred with AWS foundational services like VPCs, Security groups, EC2, RDS, S3 ACLs, KMS, AWS CLI and IAM etc.

• Must be able to write good quality code with 90% or above unit and integration tests coverage. Experience with testing frameworks like Junit, Citrus is desirable.

• Experience working with various types of databases like Relational, NoSQL, Object-based, Graph.

• Experience following Git workflows is required

• Working knowledge of DevOps tools. Eg Terraform, Ansible, Jenkins, Kubernetes, Helm and CI/CD pipeline etc.is desirable

• Familiarity with monitoring related tools and frameworks like Splunk, ElasticSearch, Prometheus, AppDynamics

• ‘Get stuff done’ and flexible mindset for greater good of the organization.

• Intellectually curious and eager to learn.

Technical Skills:

• Experience (including internal workings of Java) in Java 8+ is required. 

• Experience developing software using Object Oriented Designs, advance patterns (like AOP) and multi-threading is required.

• Experience with high speed distributed computing frameworks involving MapReduce techniques like Apache Spark, Kafka Streams, Apache Flink etc. is desirable.

• Experience with distributed message brokers like Kafka, RabbitMQ, ActiveMQ, Amazon Kinesis, etc. is desirable.

Education and/or Experience:

• BS degree in Computer Science, similar technical field required. Masters preferred. 

Certificates or Licenses:

• OCP Java SE 8 Programmer Certification is a plus

• AWS Certified Solutions Architect – Associate Level is a plus

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What are OCC Perks + Benefits

OCC Benefits Overview

Educational Assistance and Student Debt Forgiveness, 12-week paid parental leave, BYOD program with technology stipend up to $2,000 every three years, $35 per month pay to offset costs of mobile data plans. Open offices, online health coaching.

Culture
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.
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
OCC provides employees with a flexible work schedule that includes Flexible start and end times.
Remote work program
2 days per week work from home program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
HSA or FSA accounts available for those enrolled in medical plans.
Life insurance
Wellness programs
Includes back-up child or elder care along with other wellness programs.
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
OCC provides employees with a 401(k) matching plan managed by Fidelity. We match 50% of contributions up to 12% of an employee's annual gross pay.
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
12-week paid parental leave
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
Sabbatical
Eligible employees get 30 days of paid sabbatical after their first 10 years of working at the company.
Paid holidays
Paid sick days
Office Perks
Commuter benefits
OCC Offers pre-tax commuter benefits for employees in Chicago and Washington, D.C.
Company-sponsored happy hours
Relocation assistance
OCC offers relocation assistance which varies based on the position level and location.
Home-office stipend for remote employees
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 $10000.
Lunch and learns
OCC hosts leadership lunches on a regular basis so you can learn about your colleagues and their unique backgrounds.
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 recently recognized as one of LinkedIn's Top Company in Financial Services! Take a look at our blog post here: https://www.theocc.com/newsroom/press-releases/2022/06-23-linkedin-list…

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