Associate, Paralegal

The Options Clearing Corporation (OCC); Chicago (IL); Hybrid; USD 63,000 - 88,000; Full time

Benefits offered by this job

Tuition Reimbursement

Student Loan Repayment Assistance

Technology Stipend

Generous PTO & Parental leave

401k Employer Match

Competitive health benefits

Job summary

The Options Clearing Corporation (OCC) is seeking a paralegal/legal admin professional to support the Legal department with regulatory filings, governance processes, and confidential document handling. You will draft memoranda, attend internal meetings, and maintain records while interfacing with outside counsel as needed.

Ideal candidates are organized, able to work independently or in teams, and skilled in communication and research on regulatory topics.

Qualifications

• Must be well-organized with the ability to manage multiple substantial assignments
• Self-starter who can work independently or in a team and adjust priorities quickly
• Excellent analytical, written and oral communication and problem-solving skills
• Ability to collaborate with internal clients across departments
• Ability to produce high-quality, accurate work on complex topics
• Ability to handle strict privacy and confidentiality requirements
• Experience with regulatory filings to financial regulators (preferred)

Responsibilities

• Draft and assist in preparing legal memoranda, rule filings, exhibits, and other legal documents
• Attend governance meetings and draft notes for complex topics
• Track progress on regulatory filings and projects with stakeholders
• Communicate status of filings and updates to internal teams
• Manage confidentiality requests, including FOIA submissions to regulators
• Maintain department policies, procedures, and controls
• Interface with outside counsel as needed
• Conduct internet and legal research as requested
• Maintain electronic corporate files and directories
• Ensure compliance with internal retention schedules and regulatory requirements
• Support other projects as needed
• Perform other duties as assigned

Skills

Well-organized

Self-starter

Analytical thinking

Written and verbal communication

Confidentiality

Regulatory filings familiarity

Team collaboration

Education

Bachelor’s degree or higher

Paralegal certificate (preferred)

Tools

Microsoft Office

SharePoint

JIRA

Project management tools

AI tools (Claude etc.)

Job description

• THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP*****
• THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP*****

What You'll Do:

This role will work closely with Legal department management, attorneys and other legal professionals to assist with the administrative functions necessary to ensure the processes associated with legal risk and complying with regulatory requirements are managed appropriately.

Primary Duties and Responsibilities:

• Draft and assist in the preparation of legal memoranda, rule filings and exhibits and other legal documents, policies, and procedures
• Attend company internal governance group meetings and draft notes for same, often regarding complex and technical subject matter
• Prepare, maintain and share with appropriate stakeholders documents that track progress on several different regulatory filings or projects
• Effectively communicate the status of regulatory filings and other related updates with internal stakeholders
• Manage and submit confidentiality requests, including FOIA requests, to regulators
• Understand, manage, and follow department policies, procedures, and controls, as well as track the updating of same
• Interface with outside counsel, as needed, with respect to matters described above
• Perform internet and legal research as requested
• Update and maintain electronic corporate files, databases, email, web-based materials and directories
• Track and ensure compliance with internal departmental requirements
• Assist in the maintenance of Legal department records in accordance with company records retention schedule and applicable regulatory requirements
• Assist with other projects as needed
• Perform other duties as assigned

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.

• [Required] Well-organized and capable of handling several substantial assignments at the same time
• [Required] Self-starter with ability to work independently as well as on a team and to quickly shift priorities in response to changing business environment or priorities
• [Required] Excellent analytical, written and oral communication, and problem-solving skills
• [Required] Ability to work collaboratively, including through effective communication, with internal clients from different departments
• [Required] Ability to promptly produce high-quality, accurate, and detailed work product, often regarding complex and technical subject matters
• [Required] Ability to work in a capacity with strict privacy and confidentiality requirements
• [Preferred] Experience with preparing and submitting regulatory filings to financial regulators

Technical Skills:

• [Required] Proficiency with Microsoft Office software (Excel, Word, PowerPoint)
• [Preferred] Experience with Sharepoint, JIRA, and project management
• [Preferred] Experience with Claude, or other AI tools

Education and/or Experience:

• [Preferred] Degree from an accredited college or university
• [Preferred] In-house legal department or law firm experience

Certificates or Licenses:

• [Preferred] Paralegal certificate

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

$63,200.00 - $87,900.00

Incentive Range

6% to 10%

This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.

OCC is an Equal Opportunity Employer