Senior Associate, Credit Project Management & Reporting

Associate Principal, Credit Risk Management

This position is not eligible for visa sponsorship.

As a member of OCC's Credit Risk Management team, you will help safeguard OCC from counterparties who exhibit elevated credit risks. Associate Principals are responsible for identifying, developing, measuring, monitoring, reporting, and enhancing processes that monitor thresholds and trends of various risks and exposures introduced to OCC by clearing members, banks, and other critical counterparties. Senior Associates utilize a strong technical and analytical skillset to assist Credit Department with its projects and reporting. Maintain a general understanding of the risks present within the clearing industry and / or the participating financial entities, including broker-dealers, futures commission merchants, commercial banks, pension funds, and financial market utilities.

Primary Duties and Responsibilities :

• Support CORE team with analysis of ongoing creditworthiness of counterparties and escalate issues requiring enhanced surveillance to department management and internal working groups so appropriate actions can be taken.
• Support CORE team with analytical solutions to assist with financial statement analysis, including identifying levels and trends in key metrics and ratios.
• Collaborate with IT and other internal teams to design and implement advanced scalable data analytics solutions to identify and analyze causal links and meaningful relationships (e.g., correlations, distributions, percentiles). Includes centralizing data from multiple sources to automated front end visual reporting / dashboards.
• Work closely with department management on projects, cross-department collaboration, and mentoring of colleagues.
• Support CORE team with critical, time-sensitive, and / or complex counterparty inquiries requiring data collection or analysis.
• Support system, data, and risk methodology development, assist reviewing data and risk methodologies during annual reviews
• Develop, maintain, enhance, and adhere to written policies and procedures
• Participate in procedure-related control testing activities and identify opportunities for improving the control environment

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.

Technical Skills :

Education and / or Experience :

Certificates or Licenses : Desire to earn, or progress towards, a CFA or FRM certification

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

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 $71,500.00 - $106,300.00 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 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.

OCC is an Equal Opportunity Employer