The Options Clearing Corporation (OCC)

Associate Principal, Software Engineering: DevOps

CHICAGO, ILPosted 30+ days ago

Job summary

Company overview

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization, acting as a central counterparty for options, futures, and other financial contracts traded on U.S. exchanges. OCC makes money primarily through clearing fees charged to its member firms for processing and guaranteeing trades, ensuring the integrity and stability of the financial markets. Founded in 1973, OCC is regulated by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), reflecting its critical role in risk management and financial market infrastructure. The company is structured as an industry utility, owned by its member exchanges, and plays a key part in maintaining investor confidence by reducing systemic risk. Candidates should be aware of OCC's focus on regulatory compliance, operational resilience, and its ongoing efforts to modernize clearing technology.

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