Associate Principal, Security Engineering

The Options Clearing Corporation; Chicago (IL); On-site; USD 122,900 - 199,500; Full time

Benefits offered by this job

Tuition Reimbursement

Student Loan Repayment Assistance

Technology Stipend

Generous PTO

401k Employer Match

Competitive health benefits

Job summary

The Options Clearing Corporation (OCC) is looking for an Associate Principal in Security Engineering to enhance cybersecurity measures in Chicago. This role focuses on managing privileged access systems, solving complex security challenges, and implementing AI-based security solutions. The client provides a hybrid work environment, strong benefits, generous PTO, and a salary range of $122,900.00 - $199,500.00 based on experience. Candidates with knowledge in CyberArk, security architecture, and scripting languages are urged to apply.

Qualifications

• Knowledge of application authentication systems including Active Directory.
• Experience supporting privileged access management solutions.
• Understand security architecture principles.

Responsibilities

• Provide operational support for privileged management solutions.
• Maintain integrity of privileged access management infrastructure.
• Develop system enhancements for improved user experience.

Skills

Application authentication and authorization systems

Cloud ecosystem and CI/CD deployments

Security architecture design and principles

Operational support for CyberArk and HashiCorp Vault

Scripting languages (GoLang, Python, etc.)

Privileged access management methodologies

Education

Experience in security operations, development, engineering, or architecture

Professional experience using AI coding agents

Tools

CyberArk

HashiCorp Vault

Active Directory Certificate Services

Public Key Infrastructure (PKI)

Job description

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

What You’ll Do

Join our dynamic Security Engineering team as an Associate Principal and make a significant impact on our organization’s cybersecurity posture. In this role, you’ll manage privileged access systems that protect our most critical assets, implement AI‑based security capabilities, and help shape our security architecture. This position offers excellent growth opportunities as you’ll work with best‑in‑class technologies while collaborating with cross‑functional teams to solve complex security challenges. If you’re passionate about cybersecurity and seeking a role where your expertise directly strengthens organizational resilience, this is an ideal next step for your career.

Primary Duties and Responsibilities

• Provide 24x7 operational support for the suite of privileged management solutions (e.g., CyberArk, Hashi, PKI), including implementing hot fixes, resolving bugs, troubleshooting issues, performing break‑fixes, managing secrets lifecycle, and delivering end‑user support.
• Maintain robust operational integrity of privileged access management infrastructure throughout its lifecycle (e.g., patching, version control, system upgrades, alignment with OCC/Security standards, etc.). Provide organizational subject‑matter expert on secrets management and privileged access management architecture, establishing and enforcing security‑as‑code principles throughout the environment.
• Develop and implement system enhancements to improve platform user experience and automated integrations, while designing long‑term solutions to address operational issues through innovative technologies including artificial intelligence for faster detection and remediation of functional and technical problems.

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.

• Knowledge of application authentication and authorization systems (i.e., Active Directory, OAuth 2.0, OIDC, AWS IAM, App Role, k8s, LDAPS, Kerberos, Certificate).
• Working knowledge of the cloud ecosystem and CI/CD deployments with Terraform, Ansible, and Jenkins pipelines.
• Working knowledge of security architecture design and principles including confidentiality, integrity and availability.

Technical Skills

• Expertise in providing operational and engineering support for one or more of the following: CyberArk, HashiCorp Vault, Active Directory Certificate Services (ADCS), HSMs, and Public Key Infrastructure (PKI).
• Expertise in scripting languages and developing in one or more of the following languages GoLang, Bash, Python, PowerShell, Ansible, and/or Terraform.
• Knowledge of privileged access management methodologies and techniques for on‑prem and Cloud implementation.

Education and/or Experience

• Experience in one or more of the following disciplines: security operations, development, engineering, or architecture.
• Experience supporting privileged access management and access controls programs.
• Professional or personal experience using AI coding agents such as OpenAI Codex, Claude Code, or Gemini CLI.

Certificates or Licenses

• None

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 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: $122,900.00 - $199,500.00

Incentive Range: 8% to 15%

This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above. 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