The Options Clearing Corporation (OCC) · 1 day ago
Senior Associate, Regulatory Compliance
Chicago - 125 S Franklin
Full-time
Hybrid
Mid, Senior Level
$76K/yr - $106K/yr
2+ years expThe 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 in Regulatory Compliance to support the team in ensuring compliance with regulatory obligations and maintaining the legal framework of the organization.
FinanceFinancial ServicesProperty Management
No H1B
Responsibilities
Support a team that maintains processes (including policies and procedures), controls and tools required to provide regulatory advisory services for the business units across the organization, including financial risk management, clearing and settlement, enterprise risk management, corporate finance, information technology, security, and other general business teams
Provide guidance to first line of defense (business units) related to effective demonstration of compliance with regulatory obligations covering their areas
Assist business units on the development and implementation of effective remediation plans to address internal or external findings
Assist business units with the identification, understanding, and development of processes, policies, procedures, and controls that effectively demonstrate compliance with regulatory obligations
Assist the compliance monitoring program in support of providing frequent and highly professional reports to the CCO, executive management, and the Board of Directors
Interact and communicate in a highly effective, professional, and insightful manner with business colleagues within the company
Exhibit and foster a strong compliance culture across the organization
Exhibit and foster strong collaboration across OCC’s control functions (i.e., internal audit, enterprise risk management, compliance, model risk management)
Assist in the writing of the annual compliance report, as well as other ad hoc and regularly occurring reports
Keep abreast of changes in regulatory environment and industry best practices/frameworks
Perform reviews of OCC’s legal framework, including updating and reviewing referenced policies, procedures, and controls that evidence compliance with regulatory obligations
Produce and deliver education on regulatory compliance topics
Assist with remediating regulatory and Internal Audit findings, including collecting data to identify root cause of problems, identifying trends, and formulating solutions
Assist with collection of documents and other preparation as part of the exam management process
Perform ad-hoc duties for Compliance management as necessary
Qualification
Required
Basic working knowledge of the financial industry
Excellent organizational and communication skills
Comprehensive analytical, conceptual and problem-solving skills
Ability to support policy and procedure management, process and control management, testing, monitoring, risk assessment, and findings management
Ability to manage and prioritize assignments and respond to rapidly shifting priorities
Ability to work independently and as a member of a team, collaborating with internal business clients at various levels of seniority
Must be able to work under deadlines and manage multiple tasks
Strategic thinker, with strong conceptual and problem-solving skills
Proficiency with MS Office software
Bachelor's Degree in Accounting, Business, Economics, Finance, other business and finance-related discipline or Information Systems, Computer Science or related discipline
2 to 3 years of relevant experience or equivalent combination of education and internships will be considered
Preferred
Basic working knowledge of securities and commodities rules and regulations. (i.e., SEC, CFTC, etc.)
Basic working knowledge of compliance related best practices
Some experience in risk and control frameworks, and process improvement frameworks (e.g. COBIT, COSO, ITIL, NIST, ISO 27001, ISO 9001, CMMI)
Experience using an integrated risk management system (such as RSA Archer), Document Management tools, and reporting tools
Experience using PolicyTech
Experience working in compliance, audit, or risk for a financial services company
Familiarity with the Securities Exchange Act of 1934 and the Commodity Exchange Act
CPA, CFA, CIA, CFE, CISA, etc
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