Explore
Close
Your acceptance of all cookies will permit robust site functionality. If you don't allow cookies, some features and functionality of OCC's site may not operate as expected. If you do not choose either cookie setting for our site, or if you close this window, this message will continue to display on each page you visit. Cookie settings can be controlled in your Internet browser to automatically reject some forms of cookies. For more details on cookies this site uses, see our OCC Site Cookies page. In addition to using cookies, we retain other information, including your Internet Protocol (IP) address, for the purposes listed in the Privacy Policy.

Associate Principal, Clearing, Pricing & Risk Developer

Who We Are     
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 3 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


What You’ll Do
    The Senior Application Developer works with business analysts, team leads and other developers. A major contributor in Architecture design and development of scalable resilient hybrid Cloud-based solutions supporting critical financial risk management activities; mentor and collaborate with developers, architects and product owners to drive the strategy of transforming the enterprise into a data-driven organization; lead through innovative strategic thinking in building solutions. The Senior Application Developer will be a team player and work well with business, technical and non-technical professionals in a project environment.

    
Primary Duties and Responsibilities: 
    •    Actively participates and lead requirement analysis and reviews to identify missing or incomplete requirements.  Must always look for assumptions made in the models and must always validate those assumptions of the models.
•    Actively participates in design of highly performing, scalable, secure, reliable and cost optimized solutions.  
•    Primarily responsibility is application design and development of next gen streaming application for business requirements in agreed architecture framework and Agile environment
•    Thoroughly analyzes requirements, develops, tests, and documents software quality to ensure proper implementation.
•    Follows agreed upon SDLC procedures to ensure that all information system products and services meet:  both explicit and implicit quality standards, end-user functional requirements, architectural standards, performance requirements, audit requirements, security rules are upheld, and external facing reporting is properly represented.
•    Performs thorough code-reviews based on high engineering standards
•    Writes unit and integration tests based on chosen DevOps frameworks.
•    Performs application and project risk analysis and recommends quality improvements.
•    Assists Production Support by providing advice on system functionality and fixes as required
•    Communicates in a clear and concise manner all time delays or defects in the software immediately to appropriate team members and management
•    Assist with departmental and new employee training
•    Experience integrating modelling libraries required. Risk analytics technology implementations experience a plus
•    A major influencer & strategic thinker, this person should also mentor developers and collaborate across multiple cross functional team to achieve the desired outcome.
    
Supervisory Responsibilities:    

•    NA

    
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.    •    8+ year of experience in building large scale, compute and event-driven solutions.
•    Experience (including internal workings of Java) in Java 8+ is required. 
•    Experience developing software using Object Oriented Designs, advance patterns (like AOP) and multi-threading is required.
•    Experience with high speed distributed computing frameworks involving MapReduce techniques like Apache Spark, Kafka Streams, Apache Flink etc. is desirable.
•    Experience with distributed message brokers like Kafka, RabbitMQ, ActiveMQ, Amazon Kinesis, etc. is desirable.
•    Experience with cloud technologies and migrations. Experience preferred with AWS foundational services like VPCs, Security groups, EC2, RDS, S3 ACLs, KMS, AWS CLI and IAM etc.
•    Must be able to write good quality code with 90% or above unit and integration tests coverage. Experience with testing frameworks like Junit, Citrus is desirable.
•    Experience working with various types of databases like Relational, NoSQL, Object-based, Graph.
•    Experience following Git workflows is required
•    Working knowledge of DevOps tools. Eg Terraform, Ansible, Jenkins, Kubernetes, Helm and CI/CD pipeline etc.is desirable
•    Familiarity with monitoring related tools and frameworks like Splunk, ElasticSearch, Prometheus, AppDynamics
•    ‘Get stuff done’ and flexible mindset for greater good of the organization.
•    Intellectually curious and eager to learn.
    
Technical Skills:    
•    Experience (including internal workings of Java) in Java 8+ is required. 
•    Experience developing software using Object Oriented Designs, advance patterns (like AOP) and multi-threading is required.
•    Experience with high speed distributed computing frameworks involving MapReduce techniques like Apache Spark, Kafka Streams, Apache Flink etc. is desirable.
•    Experience with distributed message brokers like Kafka, RabbitMQ, ActiveMQ, Amazon Kinesis, etc. is desirable.
•    Experience with cloud technologies and migrations. Experience preferred with AWS foundational services like VPCs, Security groups, EC2, RDS, S3 ACLs, KMS, AWS CLI and IAM etc.

 

Education and/or Experience:    

•    BS degree in Computer Science, similar technical field required. Masters preferred. 
    
Certificates or Licenses:    

•    OCP Java SE 8 Programmer Certification is a plus
•    AWS Certified Solutions Architect – Associate Level is a plus

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

Apply About OCC
  • REQ-2188
  • Chicago - 125 S Franklin
  • Full Time Regular
  • Posted: Sep. 10, 2021

How to Apply

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.

OCC is an Equal Opportunity Employer

Numerous studies have shown that people from groups that are traditionally under-represented in financial services apply to jobs only if they believe they meet 100% of the requirements. We want to break down this mindset to further diversify our workforce.

We encourage you to review our open positions and apply if you think your experience may be a match, even if you do not meet all of the qualifications. Your perspective may be an element we need to continue building innovative solutions to support the markets and market participants we serve.

OCC is a globally recognized entity that clears a multitude of diverse and sophisticated products. We want to reflect this in the diversity of our workforce.

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as an endorsement, recommendation or solicitation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of the disclosure document, Characteristics and Risks of Standardized Options. Individuals should not enter into option transactions until they have read and understood this document. To obtain copies, contact your broker, any exchange on which options are traded, or The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 ([email protected]).