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.

Principal, Enterprise Risk Management – Technology


All OCC employees are required to disclose their COVID-19 vaccination status to OCC’s Human Resources department, and provide acceptable proof of vaccination status, as applicable. In addition, OCC requires employees who enter one of its offices to be fully vaccinated against COVID-19 or submit to regular testing as a condition of employment, subject to reasonable accommodation.

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 Enterprise Risk Management (ERM) department is responsible for supporting the achievement of an organization's objectives by addressing the full spectrum of its risks and managing the combined impact of those risks as an interrelated risk portfolio.

The Principal – Technology Risk is responsible for the identification, oversight, challenge and assessment of the organization’s risk related to Technology and Security.  Specifically, this role will be expected to advise and challenge the organization on its technology-related development initiatives to ensure risk is appropriately identified, managed, mitigated, monitored and reported on accurately and timely to support the company’s strategic objectives.

Primary Duties and Responsibilities:

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

  • Serve and IT and Security lead for the ERM team, working with departments to understand their process, risk and control environment and ensure risks are appropriately managed, monitored and mitigated.

  • Represent ERM in various Technology and Security Working Groups, providing advice and challenge to operating units for risk management activities.

  • Responsible for leading ERM’s oversight and advising on the Renaissance system initiative.

  • Assist with senior management and Board reporting of technology risk management activities, providing valuable insights, trends and observations.

  • Serve as primary liaison for ERM to business owners, technical owners, project management and other project and program stakeholders

  • Work with internal and vendor technical teams to ensure project, execution and requirements risks are being identified, tracked and reported on appropriately.

  • Execute periodic risk reviews regarding the project, with both OCC and vendor resources, to assess the risks of the project and vendor relationships.

  • Work with stakeholder groups to advise on risk mitigations, assessment of the related risk, and coordination for risk management and controls for the project execution. 

  • Work with stakeholders to understand, identify, design and document automated controls within OCC’s operating environment.

  • Participate in project team leadership meetings to understand project status, deliverables, outcomes and performance.

  • Develop positive collaborative relationships with Management, Compliance and Internal Audit to help achieve long-term strategy and short-term objectives.

  • Provide support on special projects as needed.

Supervisory Responsibilities:

  • N/A


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.

  • Strong knowledge or risk management frameworks and implementation of risk management capabilities in a financial services environment.

  • Have led complex long-term projects in a fast-paced organization.

  • In-depth knowledge on business and IT processes as well as risks and control activities.

  • Experience tailoring industry frameworks to an organization to drive risk management capabilities.

  • Experience with risk identification, analysis and treatment.

  • Deep understanding and experience with systems development, testing and deployment, agile methodologies, and information security programs.

  • Ability to adapt quickly to changing priorities, environment constraints and project deadlines.

  • Strong understanding of risk management and controls, and how processes, people and technology support risk mitigation.

  • Understanding of the regulatory environment and how control environment documentation supports compliance.

  • Ability to work with owners to understand processes, ask insightful questions and assess the current operating practices.

  • Critical thinking and problem-solving ability.

  • Ability to analyze data and prepare concise reports.

Technical Skills:

  • Prior experience with IT and Security Risk Management within a second or third line of defense role (Risk management, Compliance or Internal Audit).

  • Experience in designing, developing and implementing controls within technology and security environments.

  • Deep understanding of COBiT and NIST CSF Frameworks and how to apply them in an organization.

  • Knowledge of software development methodologies, Agile preferred.

  • Experience with Microsoft Office suite (MS Project, Word, Excel, PowerPoint).

Education and/or Experience:

  • Bachelor’s degree in related fields (Accounting, Finance, Information Systems); Advanced Degree preferred

  • 8+ years of work experience in Audit, Compliance, Information Technology / Security and/or risk and control related roles, required.

  • Experience in managing engagements or projects.

  • Experience working in heavily regulated financial institutions.

Certificates or Licenses:

Preference will be given to candidates who have the following:

  • Audit, risk, or control certifications (CPA, CISA, CIA, CRISC, etc.)

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-2549
  • Chicago - 125 S Franklin
  • Full Time Regular
  • Posted: Mar. 18, 2022

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]).