Associate, Member Services

The Options Clearing Corporation; Dallas, Northern (TX, KY); Hybrid; USD 55,000 - 69,000; Full time

Benefits offered by this job

Hybrid work environment

Tuition Reimbursement

Student Loan Repayment Assistance

Technology Stipend

Generous PTO and Parental leave

401k Employer Match

Health benefits

Job summary

The Options Clearing Corporation (OCC) is the world’s largest equity derivatives clearing organization, headquartered with operations in Dallas. This role focuses on supporting Clearing Members by providing high service levels for existing and new products, while ensuring compliance with OCC policies and procedures.

The role also involves documentation writing and collaboration with internal and external parties.

Qualifications

• Strong oral and written communication skills.
• Strong customer service skills.
• Ability to solve problems.
• Ability to multitask in a dynamic environment.
• Ability to interact in a professional manner with internal and external participants.
• Ability to cover various shifts and work overtime, if conditions warrant.
• Bachelor’s Degree in Business.
• 0+ years of experience.

Responsibilities

• Responds frequently to day‑to‑day, routine Clearing Member inquiries received via phone or email and works on resolution with the department.
• Effectively communicates with external market participants to support and troubleshoot production activities.
• Completes daily tasks that support production.
• Assists team members with investigating issues and resolving problems.
• Has demonstrated basic understanding and skills in OCC cleared products and systems with the ability to apply that knowledge and skills to a range of standard situations.
• Maintains and updates Clearing Member information in CRM system and other databases.
• Analyzes firm data and identifies trends.
• Performs Masterfile account updates and verification of changes for members.
• Assists with departmental self‑testing and writing of procedures and job aids.
• Other duties as assigned.

Skills

Strong oral and written communication

Customer service

Problem solving

Multitasking

Professional interaction

Shift coverage/Overtime

Education

Bachelor’s Degree in Business

Tools

Microsoft Office

PowerPoint

Excel

Word

Job description

What You'll Do

This role’s primary responsibility is to support Clearing Members by providing exceptionally high levels of service to our clients with clearing their existing and new products. The role must possess a basic understanding of OCC’s products, systems, and processes in order to support clearing members with questions related to operational processing or issues which includes research and analysis of trade and position data. The role is expected to work under guidance with initiatives and define, quantify and analyze relationships to ensure each firm’s operational requirements are met as they relate to their membership at OCC. This role is responsible for contributing to the writing of documentation. The role assists the team as they interface with the Clearing Members and all internal parties in preparation for new functionality and new products introduced into production. This role is responsible for ensuring compliance with all policies and procedures.

Primary Duties and Responsibilities

• Responds frequently to day‑to‑day, routine Clearing Member inquiries received via phone or email and works on resolution with the department.


• Effectively communicates with external market participants to support and troubleshoot production activities.


• Completes daily tasks that support production.


• Assists team members with investigating issues and resolving problems.


• Has demonstrated basic understanding and skills in OCC cleared products and systems with the ability to apply that knowledge and skills to a range of standard situations.


• Maintains and updates Clearing Member information in CRM system and other databases.


• Analyzes firm data and identifies trends.


• Performs Masterfile account updates and verification of changes for members.


• Assists with departmental self‑testing and writing of procedures and job aids.


• Other duties as assigned.

Supervisory Responsibilities

None

Qualifications

• Strong oral and written communication skills.


• Strong customer service skills.


• Ability to solve problems.


• Ability to multitask in a dynamic environment.


• Ability to interact in a professional manner with internal and external participants (including but not limited to co‑workers, management, clearing members and exchanges).


• Ability to cover various shifts and work overtime, if conditions warrant.

Technical Skills

• Microsoft Office proficiency especially proficient in PowerPoint, Excel, and Word.

Education and/or Experience

• Bachelor’s Degree in Business.


• 0+ years of experience.

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 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.

Salary Range $55,000.00 - $68,800.00

Incentive Range 6% to 10%

Equal Opportunity Employer Statements

OCC is an Equal Opportunity Employer

OCC is an equal opportunity employer that is committed to diversity, equity, and inclusion. OCC provides equal employment opportunities to all employees and applicants for employment without regard to race, color, national origin, citizenship status, sex, sexual orientation, gender identity or expression, disability, age, marital status, religion, veteran status, or any other characteristics protected by applicable federal, state, or local laws.

We encourage everyone 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.

If you need a disability related accommodation for any part of the application process, please email [e-mail].

Interview Process

OCC does not utilize video chat rooms (that is, Google Hangouts) to conduct interviews. OCC will only use our approved Zoom video interview platform.