Associate Principal, Business Analysis

The Options Clearing Corporation; Chicago (IL); Hybrid; USD 100,000 - 153,000; 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

Job summary

The Options Clearing Corporation (OCC) seeks a seasoned business systems analyst to partner with business and technology teams, analyze complex requirements, and deliver actionable, testable solutions. You’ll drive scope clarity, create robust user stories, and support data-driven decisions in a dynamic, hybrid work setting.

Required 5+ years in business systems analysis, strong Agile experience, and proficiency with Confluence, Jira, and analytics tools.

Qualifications

• 5+ years in business system analysis or related field.
• Experience in Agile software development and working with remote teams.
• Clear understanding of requirements elicitation, solution evaluation and gap analysis.
• Experience with Confluence, Jira and data visualization tools.
• Preferred exposure to clearinghouse activities and complex integrations.

Responsibilities

• Analyze and decompose requirements, define data flows and system interfaces.
• Build high quality user stories and acceptance criteria for the Scrum team.
• Assist Product Owner with prioritization and backlog grooming.
• Collaborate across business and tech teams to resolve scope gaps.
• Develop UI/UX interface requirements with related teams and tools.
• Support test planning, test cases, and results verification.
• Document standards, policies, and best practices for consistency.
• Engage in ongoing agile ceremonies and cross-team collaboration.

Skills

Agile

Stakeholder comms

Requirements elicitation

Data analysis

Process modeling

Leadership & collaboration

Education

Bachelor's degree

MBA/MS preferred

Tools

Confluence

Jira

Draw.io

Visio

SQL

Tableau

Business Objects

Python

R

Figma

Job description

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

To be considered for this position, applications and resumes are accepted only through our careers site by directly applying to the posted job. We do not accept unsolicited resumes or sales solicitations from staffing agencies. Any OCC employee wishing to submit a referral must do so through their Workday account. Any resume submitted outside of an active job posting will not be considered for employment.

What You'll Do:

OCC is seeking an individual who would be responsible for discovering, synthesizing, and analyzing information from a variety of internal and external sources, including tools, processes, documentation, and stakeholders. The ideal candidate is a proven change agent that demonstrates the ability to solve complex problems through logical, digestible solutions that deliver key value to our stakeholders. Additionally, this individual must be comfortable communicating to all levels of the organization as well as inside and outside the organization. Skills that are foundational to the success of this role include, but are not limited to, communication, analytical, problem solving, process modelling, facilitation, elicitation, scope management, leadership and agile mindset.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily. Act as a partner to both the business and the technology teams Identify scope gaps and missing requirements by acquiring an in depth understanding of current state (i.e., legacy system) and future state Identify product team dependencies and plan for resolution Work cross-functionally to analyze and define key stakeholder business needs Perform requirements analysis, story decomposition, system integration analysis, and data flow design Regularly engage in agile activities including sprint planning and backlog grooming. Act as an advisor to the Product owner regarding next steps and approvals Build high quality user stories and acceptance criteria; work with scrum team to refine user stories Provide requirement and design support to scrum team Support development of user interface requirements and design by collaborating with UI/UX tools and teams Support or develop test plans and test cases; participate in test results verification Assist in building cross-team collaboration and define acceptance criteria for integrated components Adhere to analysis best practices for epics and user stories Assists in developing and maintaining policies, standards, guidelines and documentation to ensure that a consistent framework is applied across the enterprise.

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] Experience in Agile and software development
• [Required] 5+ years of experience in business system analysis or related experience
• [Required] Preferred business experience in clearinghouse activities
• [Required] Flexibility working with remote teams in alternate time zones
• [Required] Self-motivated and self-starting, working with little supervision and picking up new and unfamiliar concepts
• [Required] Experience using Confluence and Jira
• [Required] Experience with process modeling tools such as Draw.io, Visio, etc
• [Preferred] Inquisitive nature with a disposition for probing for information in order to solve complex problems
• [Preferred] Analytical mindset with a focus on integrations between services and processes into complex environments

Technical Skills:

• [Required] Knowledge and/or vested interest in event driven applications, streaming and batch analytics technologies
• [Preferred] Knowledge and/or vested interest in cloud technologies; experience working with AWS
• [Required] Knowledge and/or vested interest in different data management and visualization tools (SQL, Figma, Tableau, Business Objects, etc.)
• [Required] Knowledge and/or vested interest in complex data analytics supported by python and R
• [Required] Knowledge of Business Analysis best practices including requirements elicitation, solution evaluation, requirements analysis, gap analysis, and requirements decomposition
• [Preferred] Familiarity or experience working with End User tools/services and assessing dependencies and risks for integrating new tools into complex systems

Education and/or Experience:

• [Required] Bachelor's degree 5+ years of experience
• [Preferred] MBA/MS degree

Certificates or Licenses:

• [Preferred] CCBA, CBAP, AAC, and/or any related certification

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.

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.

Salary Range $99,800.00 - $153,000.00

Incentive Range 8% to 15% 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

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. Numerous studies have shown that people from certain groups are less likely than others to apply to jobs if they believe they do not meet 100% of the requirements. 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].