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Salary
$63k – $88k per year
Location
Hybrid (Chicago, United States)
Visa
No sponsorship (stated in the posting)
Employment
Full-Time

First seen by Alion on Sep 18, 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.

*****THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP*****

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 work closely with Legal department management, attorneys and other legal professionals to assist with the administrative functions necessary to ensure the processes associated with legal risk and complying with regulatory requirements are managed appropriately.

Primary Duties and Responsibilities:

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

  • Draft and assist in the preparation of legal memoranda, rule filings and exhibits and other legal documents, policies, and procedures

  • Attend company internal governance group meetings and draft notes for same, often regarding complex and technical subject matter

  • Prepare, maintain and share with appropriate stakeholders documents that track progress on several different regulatory filings or projects

  • Effectively communicate the status of regulatory filings and other related updates with internal stakeholders

  • Manage and submit confidentiality requests, including FOIA requests, to regulators

  • Understand, manage, and follow department policies, procedures, and controls, as well as track the updating of same

  • Interface with outside counsel, as needed, with respect to matters described above

  • Perform internet and legal research as requested

  • Update and maintain electronic corporate files, databases, email, web-based materials and directories

  • Track and ensure compliance with internal departmental requirements

  • Assist in the maintenance of Legal department records in accordance with company records retention schedule and applicable regulatory requirements

  • Assist with other projects as needed

  • Perform other duties as assigned

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] Well-organized and capable of handling several substantial assignments at the same time

  • [Required] Self-starter with ability to work independently as well as on a team and to quickly shift priorities in response to changing business environment or priorities

  • [Required] Excellent analytical, written and oral communication, and problem-solving skills

  • [Required] Ability to work collaboratively, including through effective communication, with internal clients from different departments

  • [Required] Ability to promptly produce high-quality, accurate, and detailed work product, often regarding complex and technical subject matters

  • [Required] Ability to work in a capacity with strict privacy and confidentiality requirements

  • [Preferred] Experience with preparing and submitting regulatory filings to financial regulators

Technical Skills:

  • [Required] Proficiency with Microsoft Office software (Excel, Word, PowerPoint)

  • [Preferred] Experience with Sharepoint, JIRA, and project management

  • [Preferred] Experience with Claude, or other AI tools

Education and/or Experience:

  • [Preferred] Degree from an accredited college or university

  • [Preferred] In-house legal department or law firm experience

Certificates or Licenses:

  • [Preferred] Paralegal certificate

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 19 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

$63,200.00 - $87,900.00

Incentive Range

6% to 10%

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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