The Options Clearing-posted 3 months ago
$89,274 - $101,500/Yr
Full-time • Mid Level
Hybrid • Chicago, IL
1,001-5,000 employees
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

The Options Clearing Corporation (OCC) is seeking a Financial Risk Specialist to work with various teams including Credit Risk, Market Risk, and Quantitative Risk Management. The role involves supporting analytical activities around controls rationalization and enterprise risk assessments. The candidate will learn and develop financial risk and GRC knowledge through practical experience and ongoing training, promoting efficiency and effectiveness in FRM's control environment. Responsibilities include issue lifecycle management, risk identification, control assessment, and reporting processes using tools like MetricStream and Archer GRC. The position also requires conducting root cause analysis, training staff, and supporting business units during regulatory examinations. The candidate will implement internal policies and enhance processes for increased efficiency, leveraging SQL, Alteryx, and data visualization tools like Tableau and Power BI. Up to 40% telecommuting is permitted.

  • Support analytical activities around controls rationalization and enterprise risk assessments.
  • Learn and develop financial risk and GRC knowledge through practical experience and ongoing training.
  • 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).
  • Train RAS staff on FRM's processes and GRC practices.
  • Support business units' preparation and execution during regulatory examinations.
  • Resolve issues discovered during examinations, internal audits, and compliance reviews.
  • Monitor, coordinate, support, and document remediation activities of FRM.
  • Prepare summary of remediation activities and closure documentation to FRM leadership.
  • Implement the FRM Department's internal policies, procedures, processes, controls, and risk statements.
  • Identify and implement enhancements for increased efficiency in processes and controls.
  • Leverage SQL tools or Alteryx for data extraction and cleaning.
  • Analyze operational and financial risk data using Excel Power Query and Tableau.
  • Implement risk management policies consistent with best practices.
  • Develop data-driven processes with Python or Power BI for interactive visualization.
  • Bachelor's degree in finance, business, or related field.
  • Three (3) years of experience as a Financial Risk Specialist, Business Risk Specialist, Financial Analyst, or related.
  • Experience with SQL tools or Alteryx for data extraction and cleaning.
  • Experience analyzing operational and financial risk data using Excel Power Query and Tableau.
  • Experience performing issue lifecycle management using MetricStream, Archer GRC, or Excel.
  • Experience developing data-driven processes with Python or Power BI.
  • Hybrid work environment, up to 2 days per week of remote work.
  • Tuition Reimbursement.
  • Student Loan Repayment Assistance.
  • Technology Stipend.
  • Generous PTO and Parental leave.
  • 401k Employer Match.
  • Competitive health benefits including medical, dental, and vision.
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