
Job description
This role will be primarily responsible for safeguarding OCC by ensuring that Credit Risk Management (CRM) only recommends new clearing member applicants and other counterparties that are financially and operationally sound and meet the expectations of OCC’s management, Board and supervisors.
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Finance
The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization, founded in 1973. It provides central counterparty clearing and settlement services for options, futures, and securities lending across more than 100 clearing members and 21 exchanges, ensuring market stability and integrity. As a Systemically Important Financial Market Utility, OCC operates under the oversight of the SEC, CFTC, and the Federal Reserve, and offers comprehensive risk‑management solutions for capital market participants. Its robust infrastructure and regulatory compliance make OCC a trusted partner for market participants seeking reliable clearing and settlement services. OCC also supports the options industry through the Options Industry Council, fostering transparency and best practices.