Senior Associate, Market Operations (3rd Shift)

“This position does not qualify for visa sponsorship”

Summary

This Senior Associate, Market Operations role works closely with team members, other risk management and operations groups, and OCC’s participant exchanges to oversee clearance of options and futures trading activity. This position will work closely with the 3rd, as well as 2nd shift team to ensure all parts of the nightly processing cycle function efficiently and accurately to nightly completion.

Primary Duties and Responsibilities

• Assist with daily production duties including end of day balancing with exchanges.
• Perform research requests related to trade activity.
• 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 activity and ensure trade price reasonability.
• 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.
• Confirm that departmental controls are executing correctly as part of a quarterly self-testing initiative.
• Work one Sunday night per month to cover extended trading hours. Extra comp hours or pay included.
• Other duties as assigned

Supervisory Responsibilities

• N/A​

Qualifications

• Analytical abilities
• Jobplan tracking and file monitoring
• Financial back office processing experience
• Engaging personality with customer service acumen
• Excellent organizational, written, and oral communication skills
• Strong analytical, conceptual, and problem-solving skills
• Ability to work both independently and as a part of a team as needed
• Possess the ability to quickly learn process-based tasks
• Ability to manage and prioritize assignments and respond to rapidly shifting priorities
• Willingness to see ongoing production issues through to completion
• Ability to work collaboratively with internal business partners from different departments and at various levels of seniority
• Strong work ethic
• Problem escalation and resolution skills

Technical Skills

• ·Experience with Microsoft Excel, Word and Access
• ·Experience with a job scheduling package (UC4) a plus
• ·Understanding of financial markets and equity/index options

Education and/or Experience

• 2+ years overnight business operations related experience preferred
• Bachelor’s Degree required
• Bachelor’s Degree in Business or Finance preferred

Certificates or Licenses

• N/A

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.

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 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

Competitive health benefits including medical, dental and vision

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.

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