Associate Principal, Internal Audit, Information Technology & Security

OCC; Chicago (IL); Hybrid; USD 105,000 - 171,000; Full time

Benefits offered by this job

Tuition reimbursement

Student loan repayment

Technology stipend

Generous PTO

401k match

Health benefits

Hybrid work model

Job summary

The Options Clearing Corporation (OCC) in Chicago seeks an experienced IT and Security Audit professional to assess the adequacy of management controls, support risk-based engagements, and present actionable recommendations to engagement teams and auditees. You will lead independent assessments of IT and security environments, regulatory and operational risks, and drive improvements.

Expect deep familiarity with AICPA, IIA IPPF, COBIT, and NIST CSF, coupled with strong communication and

Qualifications

• Ability to communicate clearly, both orally and in writing.
• Strong problem solving and analytical capabilities.
• Experience gathering, analyzing, and presenting concise reports.
• Ability to work independently or in a team and manage multiple audits.

Responsibilities

• Deliver audits within the annual plan.
• Ensure a professional auditee experience.
• Own audit quality and timely delivery of results.
• Identify risks and recommend actionable solutions.
• Lead audits involving changes in business requirements and technology implementations.
• Educate staff on policies and standards and mitigate risk exposure.

Skills

Communication skills

Problem solving

Analytical thinking

Independent working

Team collaboration

Audit experience

IIA IPPF knowledge

Reg SCI experience

Education

Bachelor’s degree in IT/CS/Accounting/Finance/Business

Tools

CyberArk

Splunk

SailPoint

ServiceNow

Jira

Confluence

GitHub

Oracle

DB2

SQL

AWS

Workday

Archer (GRC)

Job description

What You’ll Do:

This role will support and lead independent assessments of OCC’s Information Technology and Security environment, risk management, and other objectives as needed. The role is responsible for determining the sufficiency of management’s controls and activities related to the management of regulatory, operational, and strategic risks and presenting recommendations for improvements to the engagement management and the auditee.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

• Delivery Support the team on delivery of assigned audits within the annual audit plan.
• Support the team confirming a professional auditee experience.
• Owning the audit quality, accuracy of results, and delivery in a timely manner.
• Proactively identify regulatory, operational, and/or strategic risks to the organization and bring them to your engagement team.
• Evaluate exceptions or inefficient practices for root causes and propose advice and recommendations for achievable solutions.
• Leading audits related to organization changes including business requirements definitions, technology implementations (e.g., change management, security), engagement and alignment of change initiatives to business objectives.
• Quality Maintaining an understanding of policies, procedures, standards, and supporting technologies, and educating staff accordingly, to effectively identify potential risks and alternatives to mitigate risk exposure leveraging leading practices.
• Ability to understand professional principles and standards (e.g., AICPA, IIA IPPF, COBIT, NIST CSF) and the relevancy to risk management and impact on policies and procedures. In addition, leveraging these principles and standards to test and evaluate corporate risk management processes and controls.
• Keeping current on best practices and emerging risks within the financial services industry and making recommendations for improvements as necessary.
• Leadership Supporting effective relationships with business groups and leadership and partnering with management.

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.

• Ability to communicate clearly and effectively, both orally and in writing, including the ability to handle potentially sensitive situations and discussions.
• Strong problem solving and analytical capabilities.
• Demonstrated ability to gather, analyze, and evaluate facts, and prepare and present concise oral and written reports.
• Ability to work independently or as part of a team, prioritizing multiple audit assignments to simultaneously complete each in a timely fashion.
• Experience working in a complex, fast paced environment.
• Experience using the principles, practices, and techniques involved in conducting audits in accordance with the requirements set forth in the International Standards for the Professional Practice of Internal Auditing published by the Institute of Internal Auditors (IIA).
• Consulting and/or accounting firm experience.
• Experience in Financial Services/Security Industry and working with regulations such as Regulation Systems Compliance and Integrity (Reg SCI).

Technical Skills:

• Microsoft Office applications
• Familiarity with security tools such as: CyberArk, Splunk, SailPoint
• Familiarity with change management tools such as: ServiceNow, Jira, Confluence, GitHub
• Familiarity with databases such as: Oracle, DB2, SQL
• Familiarity with cloud based solutions: AWS, Workday
• Proficiency using Archer or other audit or Governance Risk and Compliance (GRC) software

Education and/or Experience:

• Bachelor’s degree (or equivalent) in Information Technology, Computer Science, Computer Engineering, Accounting, Finance, Business Administration, or related field.
• 5+ years of experience (audit-related) in conducting risk-based Information Technology and Security audits and projects, cyber security reviews, and internal audits.

Certificates or Licenses:

• Certified Information Systems Auditor (CISA)
• Certified Information Systems Security Professional (CISSP)
• Certification in Risk Management Assurance (CRMA)
• Certified Internal Auditor (CIA)
• Certified Public Accountant (CPA)
• or equivalent.

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

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 $104,800.00 - $170,600.00

Incentive Range 8% to 15%

Equal Opportunity Employer

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].