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

Associate Principal, Software Engineering: Software Development Test (SDET) at OCC

| Chicago
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All OCC employees are required to disclose their COVID-19 vaccination status to OCC’s Human Resources department, and provide acceptable proof of vaccination status, as applicable. In addition, OCC requires employees who enter one of its offices to be fully vaccinated against COVID-19 or submit to regular testing as a condition of employment, subject to reasonable accommodation.

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 hands on Lead is responsible for gaining a thorough understanding of the new system to be tested. This individual must learn both the technical side of the system as well as understand what the business user expects. The lead analyst will create automated test scripts, use cases, test cases, test plans, create test data and define the expected result. During daily scrum meetings and collaborations meetings the lead analyst will collaborate and communicate the around the above artifacts with team members, other technical teams and users, to ensure accuracy and transparency prior to test execution. The lead analyst will document test results and report status on the systems stability. The lead analyst will be able to diagnose and absorb new projects, and evaluate the designed system, the requirements and other key approaches to develop a comprehensive test approach.

Primary Duties and Responsibilities:

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

• Works in an Agile team throughout the Lifecycle to collaborate on the analysis, design, development & testing

• Actively participates in Sprint planning sessions to create stories with robust acceptance criteria while helping identify missing or incomplete requirements

• Actively participates in design/technical reviews to identify missing, incomplete or inaccurate design assumptions or design choices. 

• Creates and Executes automated scripts for regression, integration, and functional testing on newly designed or modified applications/systems. 

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

• Clearly articulates verbally and in writing the specifics around defects

• Monitors and updates defect reports as needed to ensure timely problem resolution.

• Independently follows up with design/development resources regarding defects. 

• Follows agreed upon implementation of agile philosophies 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 application and project risk analysis and recommends quality improvements.

• Assists Production Support by testing time sensitive defects and providing advice on system functionality.

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

• Mentor and coach team members and new team members

• Champions test automation and testing best practice

• Evaluate solution to design, script and execute Performance (Load, Stress etc..) tests

Supervisory Responsibilities:

  • Lead activities, including assigning and delegating work to team members as needed

  • Communicating status to team and senior management

  • Assisting immediate supervisor in administrative duties that have been delegated 

  • Training team members on new systems requirements and nuances


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.

• Broad based knowledge of the lifecycle development, change control management, test planning management

• Deeply analytical skills, with ability to display methods of testing highly sophisticated systems, progressively diagnose systems defects, and clearly communicate to project constituents, key findings and learnings.

• Strong communication skills, written and oral, analytical abilities, sound judgement and time management skills, and the ability to work effectively with clients (users), management and staff.

• Highly motivated self-starter with creative problem solving skills.

• Able to meet aggressive deadlines efficiently and effectively.

• Able to handle multiple project tasks simultaneously.

Technical Skills:

• Automated Testing Tool experience 

• Automated RESTFUL Web services testing

• Performance Testing Skills and tools experience

• Database experience (i.e. Informix, Sybase, SQL Server, Oracle and DB2).

• J-units, python coding, Perl and Unix shell scripting a plus

• Big Data Experience a plus

Education and/or Experience:

• 10 years’ experience in leading QA efforts. 5+ years’ experience as a Lead Automation Engineer

• Bachelor’s degree in Computer Science or a related discipline, OR an equivalent combination of education and work experience.

• Mastery of QA concepts, principles and requirements is a must.

• Requires experience developing test cases / scenarios using structured test methods. 

• Financial Industry experience preferably in trading and Risk management

Certificates or Licenses:

• Any QA certifications are a plus.

• JCP / Python certification a plus

• Agile certifications a plus

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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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