Principal, Regulatory Evaluation

PLEASE NOTE: THIS POSITION IS NOT ELIGIBLE FOR IMMIGRATION SPONSORSHIP

What You'll Do:

This role will serve as a subject matter expert to support a team evaluating OCC’s compliance with existing regulatory obligations and rules proposed by OCC’s regulators. This role is highly focused on review of the organization’s compliance with applicable regulatory and legal rules and requirements (i.e., SEC RegSCI, SEC CCA, CFTC DCO, Federal Reserve, etc.) and the evaluation of OCC practices in the context of industry best practice and guidance provided by international and other regulatory agencies.. Primary responsibilities include leveraging subject matter expertise to support and drive evaluations through the lens of OCC’s legal framework, monitoring changes to regulations that may impact the organization's regulatory compliance posture, advising business units on regulatory compliance matters,  and reviewing company policies, procedures, and controls. This role will be responsible for providing technical leadership in identifying, recommending, and driving enhancements to the performance, integrity, and compliance of the organization’s processes.

Primary Duties and Responsibilities:

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

• Leverage technical expertise to support regulatory evaluations spanning highly technical subject matter areas concerning information technology (including governance, networking, cloud architecture, containerization and agile delivery etc.), security services (including threat & vulnerability management, data & information management, data loss & privacy, security operations etc.), financial risk management (including credit risk, liquidity risk, model risk, stress testing, default management, etc.), clearing and settlement, enterprise risk management (including operational risk, third party risk management, etc.), corporate finance (including accounting, finance, treasury, etc.) and other general business practices

• Assist business units with the identification, understanding, and development of processes, policies, procedures, and controls that effectively demonstrate compliance with regulatory obligations and rules proposed by OCC’s regulators

• Further develop approaches for evaluating OCC’s compliance posture and drive enhancements to OCC practices in alignment with existing and new regulations, industry best practice, and other relevant guidance

• Interact and communicate in a highly effective, professional, and insightful manner with business colleagues within the company and third parties such as external auditors and regulators, as needed

• Exhibit and foster a strong compliance culture across all staff members

• Exhibit and foster strong collaboration across OCC’s control functions (i.e., internal audit, enterprise risk management, compliance, model validation)

• Keep abreast of changes in regulatory environment and industry best practices/frameworks (i.e., NIST, COBIT, ISO, etc.)

• Independently produce and deliver education on regulatory compliance topics

• Perform ad-hoc duties for Compliance management as necessary

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] Expert working knowledge of securities and commodities rules and regulations. (i.e., SEC, CFTC, etc.)

• [Required] Expert working knowledge of compliance related best practices

• [Required] Experience in risk and control frameworks, and process improvement frameworks (e.g. COBIT, COSO, ITIL, NIST, ISO 27001, ISO 9001, CMMI)

• [Required] Expert working knowledge of the financial industry

• [Required] Excellent organizational and communication skills

• [Required] Comprehensive analytical, conceptual and problem-solving skills

• [Required] Ability to manage and prioritize assignments and respond to rapidly shifting priorities

• [Required] Ability to work independently and as a member of a team, collaborating with internal business clients at various levels of seniority

• [Required] Must be able to work under deadlines and manage multiple tasks

• [Required] Strategic thinker, with strong conceptual and problem-solving skills

Technical Skills:

• [Required] Proficiency with MS Office software

• [Preferred] Experience using an integrated risk management system (such as RSA Archer)

• [Preferred] Experience using NAVEX Global and PolicyTech

Education and/or Experience:

• [Required] Bachelor's Degree in Accounting, Business, Economics, Finance, other business and finance-related discipline or Information Systems, Computer Science or related discipline

• [Required] 10+ years of experience

• [Preferred] Experience working in compliance, audit, or risk for a financial services company

• [Preferred] Familiarity with the Securities Exchange Act of 1934 and the Commodity Exchange Act

Certificates or Licenses:

• [Preferred] CPA, CFA, CIA, CFE, CISA, CISSP, CRISC, CCSP etc.

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.

What We Offer

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
• Competitive health benefits including medical, dental and vision

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 to allow 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

$161,500.00 - $225,100.00

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 about OCC, please click here.

OCC is an Equal Opportunity Employer