Associate, Market Operations

What You'll Do :

This role works closely with team members, risk management and operations groups, and OCC's participant exchanges to oversee clearance of options and futures trading activity. Responsible for maintenance to OCC's product masterfiles, verifying intraday options and futures trade data received from participant exchanges, monitoring SOSA processing from the exchanges, monitoring a group hotline, and ensuring functional performance during the trading day. This position combines a customer service role serving the 18 options and 1 futures exchange with financial services responsibilities related to back-office processing. Analyzes participant exchange requests on various contract listing activities including adds to existing products and creation of new products, as well as responding to all exchange inquiries regarding trade processing and product status. This role scrutinizes current practices and assists in the creation of more efficient solutions, including ensuring compliance with all departmental policies and procedures.

Primary Duties and Responsibilities :

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

Accurately process product masterfile updates

Assist with daily production duties

Perform research requests related to trade activity

Assist in maintaining daily masterfile statistics

Monitoring inbound files to OCC to make sure that they are completely processed and contain valid data

Verify and balance intraday trade activity. Research pended or rejected trades.

Perform daily checks to ensure OCC systems are operating correctly

Respond to masterfile inquiries from other departments and / or external entities (exchanges and clearing members)

Assist in reviewing and providing edits to departmental procedures and job aids

Confirm that departmental controls are executing correctly as part of a quarterly self-testing initiative

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.

[Preferred] Understanding of financial markets and equity / index options

[Required] Excellent administrative and organizational skills

[Required] Ability to formulate strategies and establish goals

[Required] Ability to effectively communicate, listen, present ideas and data, sell ideas and build relationships

[Required] Ability to thrive in a fast-paced and team-focused environment

[Required] Ability to work independently and manage multiple priorities simultaneously

Technical Skills :

[Required] Advanced experience with Microsoft Office

[Preferred] Information Technology experience

Education and / or Experience :

[Required] Bachelor's degree (or equivalent) in a related field

[Required] 0-3 years of experience in a related position

Certificates or Licenses :

None

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

$59,300.00 - $71,700.00

Incentive Range

6% to 10%

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 andattach 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