Senior Associate, FRM Risk Advisory Services

Duties:

Work with the Credit Risk, Market Risk and Default, Pricing and Margins, Stress Testing and Liquidity and Quantitative Risk Management teams to support analytical activities around controls rationalization and enterprise risk assessments. Learn, develop, and advance financial risk and GRC knowledge through practical experience and ongoing training, to promote efficiency, effectiveness, and maturity of FRM's control environment. Perform issue lifecycle management risk identification, control assessment, issue remediation, and reporting processes using MetricStream, Archer GRC, or Excel. Conduct root cause analysis of data defects and author Key Procedural Controls Instances (KPCi) to align with risk management policies and strengthen internal control. Train RAS staff on FRM's processes, GRC practices, and ad-hoc initiatives that support achievement of goals and objectives. Support business units' preparation, execution, and delivery throughout regulatory examinations and other internal or external reviews. Resolve issues discovered during examinations, internal audits, compliance reviews and self-testing findings. Monitor, coordinate, support, and document remediation activities of FRM and escalate issues, as necessary. Prepare summary of remediation activities and closure documentation to FRM leadership and governing committees. Implement the FRM Department's internal policies, procedures, processes, controls, and risk statements. Identify and implement enhancements for increased efficiency in processes, controls, and related documentation. Leverage SQL tools or Alteryx for data extraction and cleaning, and to develop automated risk reporting and proactive email notification systems. Promote best practices related to FRM's documentation, including control rationalization and frameworks. Analyze operational and financial risk data using Excel Power Query and Tableau to build interactive dashboards that track key risk indicators, highlight control performance trends, and visualize Key Procedural Control Instances RAG statuses. Implement risk management policies consistent with risk management and GRC best practices. Develop data-driven processes with Python or Power BI for interactive visualization to minimize manual intervention and enhance risk reporting and control testing frameworks. Up to 40% telecommuting permitted. OCC offers a standard benefits package.

*This position qualifies for The Options Clearing Corporation's Employee Referral Program.*

Education & Experience Required:

Bachelor's degree in finance, business, or related and three (3) years of experience as a Financial Risk Specialist, Business Risk Specialist, Financial Analyst, or related

Special Skills Required:

Must have work experience with each of the following: 1) Leverage SQL tools or Alteryx for data extraction and cleaning, and to develop automated risk reporting and proactive email notification systems; 2) Analyze operational and financial risk data using Excel Power Query and Tableau to build interactive dashboards that track key risk indicators, highlight control performance trends, and visualize Key Procedural Control Instances RAG statuses; 3) Perform issue lifecycle management risk identification, control assessment, issue remediation, and reporting processes using MetricStream, Archer GRC, or Excel; and 4) Develop data-driven processes with Python or Power BI for interactive visualization to minimize manual intervention and enhance risk reporting and control testing frameworks. Up to 40% telecommuting permitted.

Salary

$89,274-$101,500

Apply:

OCC offers a standard benefits package. See a full list of benefits here: https://www.theocc.com/careers/thriving-together. Apply online at www.theocc.com. No calls. EOE.

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.

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.

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application andattach 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