Hybrid Financial Risk Oversight Analyst

The Options Clearing Corporation; Chicago (IL); On-site; USD 56,000 - 85,000; Full time

Benefits offered by this job

Hybrid remote work

Tuition reimbursement

Student loan repayment assistance

Tech stipend

PTO & parental leave

401k match

Health benefits

Job summary

The Options Clearing Corporation (OCC) is the world’s largest equity derivatives clearing organization. The Associate, Financial Risk Oversight helps monitor risk tolerances and supports financial risk management reporting and recovery oversight.

You will collaborate with Corporate Risk Management, Compliance, and first-line risk teams to enhance risk monitoring and governance. A Bachelor's degree in a related field is required, with 1+ years in financial services preferred, and a hybrid work

Qualifications

• Understanding of securities/derivatives markets and risk management.
• Ability to think creatively and present ideas clearly.
• Strong attention to detail and problem-solving skills.
• Experience in designing and producing quality reports and presentations.
• Strong interpersonal and written/oral communication skills.
• Ability to interact across multiple levels and departments.

Responsibilities

• Assist with implementing risk oversight activities to assess, monitor and report on risk management effectiveness.
• Assist enterprise risk assessments with the ORM team following the RMF.
• Maintain risk inventories and taxonomies related to financial risk management and compliance.
• Develop understanding of OCC’s enterprise risk and assist business units with governance issues.
• Verify and monitor KPIs for management and board-level reporting across units.
• Track and monitor financial risk using tools and methods.
• Communicate audit/exam issues to Corporate Risk Management teams.
• Support mitigation planning for default and non-default losses and related tests.
• Review data for accuracy and consistency in reporting.
• Help develop department policies, procedures, aids, and controls.
• Support management with special projects.

Skills

Securities knowledge

Risk management

Analytical thinking

Report design

Interpersonal skills

Cross-team collaboration

Project management

Regulatory environment

Data analytics

Education

Bachelor's degree in Risk/Finance/Economics/Engineering

Tools

Microsoft Excel

PowerPoint

Word

Job description

The Options Clearing Corporation (OCC) is the world’s largest equity derivatives clearing organization. The Associate, Financial Risk Oversight helps monitor risk tolerances and supports financial risk management reporting and recovery oversight.

You will collaborate with Corporate Risk Management, Compliance, and first-line risk teams to enhance risk monitoring and governance. A Bachelor's degree in a related field is required, with 1+ years in financial services preferred, and a hybrid work