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The Options Clearing Corporation (OCC) · 2 days ago

Senior Associate, Credit Project Management & Reporting

Chicago, IL

Full-time

Hybrid

Mid, Senior Level

$72K/yr - $106K/yr

4+ years exp

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization, dedicated to promoting stability and market integrity. They are seeking a Senior Associate to support the Credit Risk Management team in analyzing and monitoring counterparties' credit risks, developing data analytics solutions, and collaborating with internal teams on various projects.

FinanceFinancial ServicesProperty Management

No H1B

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

Qualification

Data analyticsFinancial statement analysisSQLData visualizationFinancial services knowledgeMicrosoft OfficeProject managementAnalytical skillsMathematical skillsCustomer service orientationCFAFRM progressCoding experienceProblem-solving skillsCommunication skillsOrganizational skillsWork under pressureDetail-orientedTeam collaboration

Required

Demonstrated analytical and problem-solving skills and the ability to work in a collaborative environment

Familiarity with financial statements, brokerage statements, and accounting records

General knowledge of the financial services industry, including the financial, market, liquidity and operational risks of broker-dealers, futures commission merchants, commercial banks, pension funds, and financial market utilities

General understanding of securities markets, derivatives, and option trading strategies

Track record of independently managing and successfully completing high visibility projects

Excellent organization skills – must be detail oriented

Strong verbal and written communication skills, with proven ability to work and converse with executive level management

Strong Mathematical skills and financial acumen

Comfortable working in a customer service-oriented environment and addressing questions from both OCC colleagues and OCC counterparties, engaging users to understand issues and identify root causes, escalating incidents to appropriate teams, collaborating with others to ensure timely resolution and user satisfaction

Ability to work well under pressure with multiple priorities and time-sensitive deadlines

Intermediate-to Advanced in Microsoft Office, including Excel experience using lookups and pivot tables to perform data analysis, and comfortable developing PowerPoint presentations

Intermediate- to-Advanced SQL, including the ability to write and edit queries to assist with mining and visualizing data from multiple sources

Experience using data visualization software (e.g., Tableau, Power BI)

Familiarity with data stack applications such as Snowflake and code versioning in Github

Coding experience with (e.g., Python, R, VBA macros) required

Intermediate-to-Advanced quantitative, analytical, problem solving skills, including the ability to accumulate, organize, and assimilate large amounts of information

Familiarity using Bloomberg and/or S&P Global Market Intelligence, and the technical ability to connect these tools to Excel preferred

Bachelor's degree (preferably in Financial Engineering, Data Science, Risk Management, Accounting, (Computational/Quantitative) Finance, or Economics) or equivalent work experience required

4+ years of data analytics experience or relevant financial services industry experience

Desire to earn, or progress towards, a CFA or FRM certification

Preferred

Master's degree or progress towards a Master's degree (preferably in Financial Engineering, Data Science, Risk Management, Accounting, (Computational/Quantitative) Finance, or Economics) preferred