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Salary
$173k – $287k per year
Location
Hybrid (Chicago, United States)
Seniority
Principal · 15+ years exp
Visa
H-1B filings in 12 months: 130 · for this role: 71 · green card filings: 24
Employment
Full-Time

Confirmed on the employer's own hiring board on Oct 30, 2026. First seen by Alion on Oct 28, 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.

To be considered for this position, applications and resumes are accepted only through our careers site by directly applying to the posted job. We do not accept unsolicited resumes or sales solicitations from staffing agencies. Any OCC employee wishing to submit a referral must do so through their Workday account. Any resume submitted outside of an active job posting will not be considered for employment.

What You'll Do:

This role will be responsible for the development and delivery of business features in that application, integrating with a variety of upstream data-sources and presenting data through the user interface, all while enriching and advancing the platform. This software must achieve a blend of data-rich presentation, performance, user experience, and the capacity to support the busiest trading days in the world economy with rock-solid reliability. The candidate must be able to solve problems creatively, communicate effectively, and proactively engage in technical decision making to achieve these objectives. A team player and work well with business, technical and non-technical professionals in agile environment.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

  • Help build a stronger team to support in-house development as the vendor engagement comes to an end.
  • Technically help team in areas of DevOps, backend development and UI development.
  • Technically collaborating with other leads to figure out complex project solutions involving multiple systems
  • Ensure good project health by helping solve complex issues and plan for future hurdles while keeping delivery timelines into perspective.
  • Be hands on involved in coding, testing, troubleshooting, debugging, and documenting the systems
  • Get the application ready to handle production by ensuring delivery and planning of nonfunctional aspects.
  • Recommending technologies and tools that improve the efficiency and quality of OCC’s systems and development processes.

Supervisory Responsibilities:

  • None

Qualifications:

The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

  • [Required] 15+ years of software development experience
  • [Required] 10+ years of experience in Java based applications
  • [Required] 4+ years of experience with cloud and DevOps (AWS, EKS, Kubernetes, Docker, Rancher, Harness)
  • [Required] 4+ years of experience with CICD (Jenkins, JIRA, GIT)
  • [Required] 2+ years of experience with distributed applications
  • [Required] 2+ years of experience in application security tools
  • [Required] Experience with technically leading teams
  • [Required] Experience with Relational and non-relational DB
  • Experience with Logging / monitoring frameworks and tools
  • Understanding of IAM and secure coding practices (OWASP, Sysdig, Black Duck, Veracode)
  • Ability to write clean, bug-free code that is easy to understand and easily maintainable
  • ‘Get stuff done’ and flexible mindset for greater good of the organization
  • Intellectually curious and eager to learn

Technical Skills:

  • [Required] Java based software development experience
  • [Required] Web application development experience
  • [Required] Experience working with four or more of the following: Unix/Linux environments, event-driven systems, transaction processing systems, distributed and parallel systems, large software system development, security software development, public-cloud platforms
  • Understanding of functional programming, object-oriented design, industry best practices, software patterns, and architecture principles
  • Understanding of the following types of testing: unit, integration, system, functional, non-functional, regression, performance, security, and acceptance
  • Understanding of trouble shooting performance issues and multi-threaded development
  • Experience with support and how to handle critical issues for prod like environments

Education and/or Experience:

  • BS degree in Computer Science, similar technical field required
  • Masters preferred

Certificates or Licenses:

  • None

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.

Salary Range

$172,700.00 - $286,800.00

Incentive Range

23% to 30%

This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.

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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