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

Associate Principal, Contract Administrator

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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 Legal Assistant and Contracts Administrator provides administrative support for a wide variety of functions within the Legal Department and supports the transactional team by developing and managing the contracts review process, evaluating company contracts, and administering the contracts program within the company.. The administrative support includes preparation of correspondence, memoranda and emails. In addition, filing documents electronically and in hard copy in the Department’s Team Drive and providing administrative support for special projects is also required. 

A successful candidate will demonstrate a strong attention to detail along with the ability to discover potential risks for the company. Additionally, a successful candidate will need to ensure all deadlines within the company’s contract are met.

Primary Duties and Responsibilities:

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

  • Prepare correspondence and memoranda including drafting documents and proofing materials for the Legal department.

  • Assist in the maintenance of the department's records management program and be the primary manager for all records related to contracts and authorizations made in accordance with company policies.

  • Assist in the maintenance of the contract administration program including managing the contracts review process, preparing contracts and proofing documents, and proactively maintaining the department agreement tracker and company executed contracts. This includes managing the expiration dates within contracts and other terms of company agreements including the company’s valuable material agreements related to its technology and regulatory obligations.

  • Prepare contract briefs and revision summarizing contractual requirements and budgets and prepare and disseminate information to employees regarding contract status.

  • Process Legal department invoices and assist with Legal department budget.

  • Provide back-up assistance for other administrative staff including for examination management and Board of Directors support. 

  • Perform other duties as assigned.

Supervisory Responsibilities:

  • None.

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.

  • Excellent customer service skills.

  • Ability to quickly service and administer multiple projects in response to changing priorities.

  • Self-motivated with ability to manage assignments with little to no supervision.

  • Excellent proof reading and formatting skills.

  • Excellent listening skills.

  • Able to learn, understand and utilize new Legal and Office software programs and technologies.

  • Knowledge of administrative and clerical procedures.

Technical Skills:

  • Experience with Microsoft Office systems, Adobe, Oracle, and ServiceNow.

Education and/or Experience:

  • 5 or more years of experience supporting senior executives.

  • Experience working within a legal department preferred.

Certificates or Licenses:

  • N/A

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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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