The Options Clearing Corporation (OCC) · 1 day ago
Senior Associate, Sourcing and Procurement
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$74K/yr - $100K/yr
3+ years expThe Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. The role involves supporting strategic sourcing and business strategies, working cross-functionally to drive sourcing transactions, and achieving cost reductions while maintaining product quality and supplier service levels.
FinanceFinancial ServicesProperty Management
No H1B
Responsibilities
Identify and evaluate procurement opportunities in alignment with strategic, operating and financial OCC objectives. Lead the negotiation and purchase of goods and services with a focus on the technology category. Partner with internal business clients to ensure that purchased goods and services meet their needs. Proactively seek ways to drive down total cost of ownership through competition and vendor relationships
Execute projects against an approved plan and objectives to ensure that commitments are met by monitoring, assessing and resolving variances, timing or quality of work
Negotiate agreements that deliver value to our stakeholders ensuring service, quality and added value maximizing the supplier’s capabilities
Drive ideas that will optimize year-over-year total cost of ownership
Lead the development and management of RFP, RFQ, and RFI
Maintain awareness of best practices in the marketplace and implement appropriate changes
Effectively leverage relevant third-party market intelligence sources
Develop and maintain relationships with key stakeholders (stakeholders (IT, business, legal, TPRM, vendor management, finance, and vendors) to lead procurement activities
Collaborate effectively across organization levels, functions and lines of business to realize procurement goals and objectives
Negotiate contractual agreements with consistent commercial terms satisfying regulatory requirements per OCC policy
Manage purchase order process to ensure timely delivery of all required IT items
Qualification
Required
3 years of progressive experience in procurement, specifically in the technology space including contracting, sourcing and negotiations
Successful track record in a large procurement organization
Technology procurement experience (minimum 2 years)
Strong ability to build relationships at all levels
Excellent verbal and written communication skills
Strong problem solving and conceptual thinking abilities
Process driven with strong analytical acumen
Strong negotiation expertise with an understanding of key contracting concepts and legal terms
Ability to translate business requirements into agreements
Ability to lead cross-functional teams and reach consensus
Knowledge of financial analysis and management
Knowledge of IT asset management
Proficient with Microsoft Office
ERP system experience
Bachelor's Degree or equivalent experience required; Supply Chain Management major preferred
2+ years of progressive experience in procurement, specifically in the technology space including contracting, sourcing and negotiations
Successful track record in a large procurement organization
Technology procurement experience (minimum 2 years)
Preferred
Supplier management and asset management experience
Benefits
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
Company
The Options Clearing Corporation (OCC)
The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
David Hoag
Chief Information Officer
Kristen Baldwin
Chief Information Officer
Recent News
2025-12-24
Company data provided by crunchbase