OCC

Associate, Market Operations

OCC

full-time

Posted on:

Location Type: Hybrid

Location: Chicago • Illinois, Texas • 🇺🇸 United States

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Salary

💰 $59,300 - $71,700 per year

Job Level

JuniorMid-Level

About the role

  • Work closely with team members, risk management and operations groups, and OCC’s participant exchanges to oversee clearance of options and futures trading activity
  • Responsible for maintenance to OCC’s product masterfiles
  • Verify intraday options and futures trade data received from participant exchanges
  • Monitor SOSA processing from the exchanges
  • Monitor a group hotline and ensure functional performance during the trading day
  • Serve as customer service contact for 18 options and 1 futures exchange
  • Analyze participant exchange requests on contract listing activities including adds to existing products and creation of new products
  • Respond to exchange inquiries regarding trade processing and product status
  • Scrutinize current practices and assist in the creation of more efficient solutions
  • Ensure compliance with departmental policies and procedures
  • Accurately process product masterfile updates and assist with daily production duties
  • Perform research requests related to trade activity and maintain daily masterfile statistics
  • Monitor inbound files to OCC and ensure complete processing and valid data
  • Verify and balance intraday trade activity; research pended or rejected trades
  • Perform daily checks to ensure OCC systems are operating correctly
  • Assist in reviewing and providing edits to departmental procedures and job aids
  • Confirm that departmental controls are executing correctly as part of a quarterly self-testing initiative
  • Other duties as assigned
  • Supervisory Responsibilities: None

Requirements

  • [Preferred] Understanding of financial markets and equity/index options
  • [Required] Excellent administrative and organizational skills
  • [Required] Ability to formulate strategies and establish goals
  • [Required] Ability to effectively communicate, listen, present ideas and data, sell ideas and build relationships
  • [Required] Ability to thrive in a fast-paced and team-focused environment
  • [Required] Ability to work independently and manage multiple priorities simultaneously
  • [Required] Advanced experience with Microsoft Office
  • [Preferred] Information Technology experience
  • [Required] Bachelor’s degree (or equivalent) in a related field
  • [Required] 0-3 years of experience in a related position
  • *****THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP*****
Benefits
  • A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness.
  • 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
  • Discretionary bonus eligibility; annual incentive compensation award target range 6% to 10%

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
trade processingproduct masterfile maintenancedata verificationtrade activity analysiscompliance monitoringresearch requestsdata balancingsystem checksprocedure review
Soft skills
administrative skillsorganizational skillsstrategic formulationeffective communicationrelationship buildingindependencemultitaskingteam collaborationfast-paced adaptability
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