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Salary
$185k – $223k per year
Location
Hybrid (Chicago, United States)
Seniority
Staff · 3+ years exp
Visa
H-1B filings in 12 months: 130 · green card filings: 24
Employment
Full-Time

Confirmed on the employer's own hiring board on Nov 4, 2026. First seen by Alion on Nov 3, 2026.

Overview
Company
Impact
Profile match
The Options Clearing Corporation (OCC) is the largest equity derivatives clearing organization in the world, headquartered in Chicago, providing central counterparty clearing and settlement for options, futures and securities lending transactions. Founded in 1973 and designated a Systemically Important Financial Market Utility, it is overseen by the SEC, the CFTC and the Federal Reserve, has more than 100 clearing members, serves 21 exchanges and trading platforms and runs the Options Industry Council. It hires in Chicago and Dallas for software, network and security engineering, quantitative and operational risk management, internal audit, business analysis and internships.

Duties:

Manage a diversely skilled team of talented engineers working on building foundational components required by the Ovation Risk Platform, all while enriching and advancing the platform providing sound technical decisions around design, architecture and development. Provide senior-level engineering people management, including conducting structured performance reviews, administering compensation decisions such as merit increases and equity adjustments, managing involuntary separations, and leading cross-functional teams at scale. Collaborate with others to deliver complex projects which may involve multiple systems. Analyze, document, refine, and maintain architectures that are developed within the team. Create strategies and transition plans to deliver target state architectures. Design and operate large-scale, fault-tolerant event streaming architectures using Apache Kafka and Apache Flink for real-time data ingestion, transformation, and processing. Act as technical product owner in flushing out detailed business, architectural and design requirements. Integrate artificial intelligence and machine learning capabilities into enterprise-grade systems, combined with advanced PostgreSQL database design, query optimization, and schema management. Lead development of solution and solution architecture on Ovation Risk Platform. Review architecture proposals with tech leads in the firm as well as senior business partners. Utilize domain knowledge of options exchange operations, trade lifecycle, and clearing workflows. Up to 40% telecommuting permitted. OCC offers a standard benefits package. *This position qualifies for The Options Clearing Corporation’s Employee Referral Program.*

Education & Experience Required:

Master’s degree in computer science, IT, business administration, or related and three (3) years of experience as a senior software engineer, manager application engineer, or related

Special Skills Required:

Must have work experience with each of the following: 1) Designing and operating large-scale, fault-tolerant event streaming architectures using Apache Kafka and Apache Flink for real-time data ingestion, transformation, and processing; 2) Integrating artificial intelligence and machine learning capabilities into enterprise-grade systems, combined with advanced PostgreSQL database design, query optimization, and schema management; 3) Domain knowledge of options exchange operations, trade lifecycle, and clearing workflows; and 4) Senior-level engineering people management, including conducting structured performance reviews, administering compensation decisions such as merit increases and equity adjustments, managing involuntary separations, and leading cross-functional teams at scale. Up to 40% telecommuting permitted.

Salary

$185,000-$222,800

Apply:

OCC offers a standard benefits package. See a full list of benefits here: https://www.theocc.com/careers/thriving-together. Apply online at www.theocc.com. No calls. EOE.

About Us

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 23 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

Benefits

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

  • 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

Visit https://www.theocc.com/careers/thriving-together for more information.

Compensation

  • The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education.
  • In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.
  • We typically do not hire at the maximum of the range in order toallow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers
  • All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.

Step 1

When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.

Step 2

You will receive an email notification to confirm that we've received your application.

Step 3

If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

For more information aboutOCC, please clickhere.

OCC is an Equal Opportunity Employer

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