Options Clearing Corporation Looking for Associate Principal, Corporate Finance Grc at Chicago, IL, United States Full Time

Job Description

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
This role serves an integral part in the control and administrative functions within Corporate Finance. This position will play a key role in defining, implementing, and supporting the internal and external Audit, Governance, Risk, and Compliance functions essential to implement an effective and efficient control infrastructure as well as evaluate risk thresholds.
Primary Duties and Responsibilities:
To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

• Compliance Monitoring and Execution: Performs ongoing supervision and oversight of Corporate Finance controls and shares knowledge with team members to evaluate the effectiveness of established business controls. Anticipates business needs and proactively finds opportunities to improve and strengthen the control environment through practical insights. Assists control owners to develop/use repeatable processes and procedures to remediate control gaps. Conducts quarterly control management self-testing for Corporate Finance.
• Risk and Issue Management: Analyzes identified risks related to process execution and identify trends and determine a risk mitigation strategy. Participates in internal and external audits; track and monitor reported deficiencies and remediation plans to ensure timely correction.
• Policy Governance: Performs comprehensive reviews of Corporate Finance policies, procedures, job aids, process flow documents, and controls to demonstrate cohesiveness and adherence to the Policy Governance Policy (PGP) through change management monitoring. Participates in the documentation of processes, procedures and job aids utilizing Microsoft Visio, Word and Excel. Partners with subject matter experts in the identification and implementation of process and control improvement initiatives to enhance the effectiveness and the efficiency of the Corporate Finance business process controls.
• Continuous Improvement: Develops and lead efforts to improve control environment through collaboration with Corporate Finance 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
• Additional Support: Supports department leadership in development of dashboards, management reporting, Board reporting, and external reporting to third parties. Supports Corporate Finance departments on exam-related matters.

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.

• Experience with internal controls, risk assessment and remediation strategies, audit techniques, and project management.
• Excellent time management and organizational skills to manage multiple projects and deadlines simultaneously at various priority levels.
• Ability to work independently, cross-functionally and with various levels of seniority.
• Strong administrative and interpersonal skills, including excellent written and oral communication skills.
• Experience providing value-added recommendations to improve and optimize inefficiencies.
• Demonstrate initiative and be a self-starter.
• Strong analytical, documentation and organization skills including orientation to details
• Experience with regulatory audits and exam management

Technical Skills:

• Highly proficient use of the Microsoft Office suite: PowerPoint, Word, and Visio, emphasis in Excel (e.g., pivot tables, sumif formulas, lookup formulas),
• Experience with Governance and Risk & Compliance Software such as Archer a plus
• Experience with Jira and Confluence

Education and/or Experience:

• Bachelor’s Degree in Finance, Accounting, Business, or related work experience required.
• Three to five years of experience with audit, compliance, or enterprise risk or related advisory function preferred.
• Compliance experience including executing a compliance or controls testing program
• Knowledge and experience in Governance, Risk, and Control (GRC) frameworks, approaches, tools, methodologies (i.e., COSO, SOC reporting etc)
• Strong collaboration, analytical and verbal/written communication skills.

Certificates or Licenses:

• N/A, willingness to seek certifications 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