Senior Associate, Operations GRC

What You'll Do

This role serves an integral part in the support of a team with responsibility for control and administrative functions of all groups within Business Operations. This role will support initiatives to promote continuous improvement of Operations’ control environment through, but not limited to, exam management, change management, control development and testing, and internal reporting. Collaboration efforts with Compliance, ERM, Internal Audit, and external partners are essential to implement effective control infrastructure and evaluate risk thresholds. Partnering with Accounting and Finance, this role will analyze and assist in forecasting the annual budgets, and demand resource allocation. This role will support the team in promoting the culture and implementing team building days.


  • Support efforts to improve control environment through collaboration with Operations departments and second and third lines of defense based on self-identification and self-testing, external or internal audits, regulatory examinations, compliance reviews, or risk assessments

  • Document Operations GRC responsibilities through the development and maintenance of governance documents such as procedures and job aids

  • Proactively communicate best practices and seek opportunities to increase efficiency in the current business processes

  • Support Operations departments in the Renaissance Initiative through the Policy & Procedure Change Management process

  • Support progress through active collaboration with subject matter experts during transition of governance documentation

  • Analyze issues related to process execution, third party, customer service through Key Risk Indicator (KRI) tracking and reporting to assess risk tolerance, identify trends and determine a strategy to manage the risk

  • Support comprehensive reviews of related policies, procedures, job aids, and controls to demonstrate cohesiveness and adherence to the Policy Governance Policy (PGP) through change management monitoring

  • Support all Internal and external exam requests assigned to Business Operations to ensure completeness and accuracy by evaluating operational effectiveness

  • Advise Operations departments on exam-related matters

Supervisory Responsibilities

  • None

Qualifications & Experience

  • [Required] Excellent time management and organizational skills to manage multiple projects and deadlines simultaneously at various priority levels

  • [Required] Ability to work independently, collaboratively, cross-functionally and with various levels of seniority

  • [Required] Strong administrative and interpersonal skills, including excellent written and oral communication skills

  • [Required] Experience providing value-added recommendations to improve and optimize inefficiencies

  • [Required] Demonstrate initiative and be a self-starter

  • [Required] Strong attention to detail and analytical skills including data analytics and reporting

  • [Required] Exhibit flexibility and adaptability when faced with new challenges and shifting priorities

Technical Skills & Background

  • [Required] Microsoft Office suite, with emphasis on Excel, PowerPoint, and Word

  • [Required] Experience with Governance and Risk & Compliance Software such as Archer

  • [Required] Experience with Jira/Confluence

  • [Required] Experience with a Learning Management System such as Workday Learning


  • None Required

Education & Training

  • [Required] Bachelor’s degree (or equivalent)

  • [Required] 3+ years of experience

  • [Preferred] Experience with exam management

  • [Preferred] Experience with the development of policies and procedures

  • [Preferred] Compliance experience including executing a compliance or controls testing program

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 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

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-3558
  • Chicago - 125 S Franklin
  • Full Time Regular
  • Posted: Nov. 10, 2023

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.

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. Do not accept analytic cookies Accept analytic cookies