Lead Associate Principal, Software Engineering: Java

NBMBAA; Chicago (IL); Hybrid; USD 136,000 - 223,000; Full time

Benefits offered by this job

Hybrid work environment up to 2 days/–

Tuition Reimbursement

Student Loan Repayment Assistance

Technology Stipend

Generous PTO and Parental leave

401k Employer Match

Health benefits

Job summary

The Options Clearing Corporation (OCC) is seeking a Lead Associate Principal to shape architecture for scalable, hybrid-cloud risk management platforms. You will mentor teams, drive SDLC compliance, and partner with business and product owners to advance a data-driven enterprise.

This role requires 8+ years of experience, Java 8+, distributed systems, and cloud tooling. You will lead design reviews, implement high-performance solutions, and coach engineers across cross-functional teams in an

Qualifications

• 8+ years of experience building large-scale, compute and event-driven solutions.
• Experience with Java 8+ and OO design, advanced patterns, and multi-threading.
• Experience with distributed message brokers (Kafka, RabbitMQ, ActiveMQ, Kinesis).
• Cloud technologies and migrations; AWS services like VPC, EC2, RDS, S3, IAM.

Responsibilities

• Participate in requirement analysis and reviews; validate model assumptions.
• Design highly performant, scalable, secure, cost-optimized solutions.
• Develop next-gen clearing applications within an Agile framework.
• Write unit/integration tests and follow SDLC procedures.
• Perform code reviews and risk analysis; ensure quality standards.
• Assist Production Support with system functionality and fixes.
• Mentor developers and collaborate across cross-functional teams.

Skills

Java 8+

Distributed systems

Cloud & AWS

DevOps tooling

SQL/NoSQL databases

Kubernetes

MapReduce/Spark

Unit testing

Education

BS in Computer Science

Masters preferred

Tools

Kafka

RabbitMQ

ActiveMQ

Kinesis

Spark

Flink

Jenkins

Terraform

Ansible

Kubernetes

Prometheus

Job description

What You'll Do:

The Lead Associate Principal works with business analysts, team leads, and other developers, serving as a major contributor to the architecture design and development of scalable, resilient, hybrid cloud-based solutions that support critical financial risk management activities. This role mentors and collaborates with developers, architects, and product owners to drive the strategy of transforming the enterprise into a data-driven organization, and leads through innovative strategic thinking in building solutions. The Lead Associate Principal is a team player who works well with business, technical, and non-technical professionals in a project environment.

Primary Duties and Responsibilities:

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

Actively participates and leads requirement analysis and reviews to identify missing or incomplete requirements. Must always look for assumptions made in the models and must always validate those assumptions of the models.

Actively participates and leads in design of highly performing, scalable, secure, reliable and cost optimized solutions.

Primarily responsibility is application design and development of next gen clearing applications for business requirements in agreed architecture framework and Agile environment

Thoroughly analyzes requirements, develops, tests, and documents software quality to ensure proper implementation.

Follows agreed upon SDLC procedures to ensure that all information system products and services meet: both explicit and implicit quality standards, end-user functional requirements, architectural standards, performance requirements, audit requirements, security rules are upheld, and external facing reporting is properly represented.

Performs thorough code-reviews based on high engineering standards

Writes unit and integration tests based on chosen DevOps frameworks.

Performs application and project risk analysis and recommends quality improvements.

Assists Production Support by providing advice on system functionality and fixes as required.

Communicates in a clear and concise manner all time delays or defects in the software immediately to appropriate team members and management.

Assist with departmental and new employee training.

Experience integrating modelling libraries required. Risk analytics technology implementations experience a plus.

A major influencer & strategic thinker, this person should also mentor developers and collaborate across multiple cross functional team to achieve the desired outcome.

Supervisory Responsibilities:

None

Qualifications:

8+ year of experience in building large scale, compute and event-driven solutions.

Experience (including internal workings of Java) in Java 8+ is required.

Experience developing software using Object Oriented Designs, advance patterns (like AOP) and multi-threading is required.

Experience with distributed message brokers like Kafka, RabbitMQ, ActiveMQ, Amazon Kinesis, etc. is desirable.

Experience with cloud technologies and migrations. Experience preferred with AWS foundational services like VPCs, Security groups, EC2, RDS, S3 ACLs, KMS, AWS CLI and IAM etc.

Experience with high speed distributed computing frameworks involving MapReduce techniques like Apache Spark, Kafka Streams, Apache Flink etc. is a plus.

Must be able to write good quality code with 90% or above unit and integration tests coverage. Experience with testing frameworks like Junit, Citrus is desirable.

Experience working with various types of databases like Relational, NoSQL, Object-based, Graph.

Experience following Git workflows is required.

Working knowledge of DevOps tools. Eg Terraform, Ansible, Jenkins, Kubernetes, Helm and CI/CD pipeline etc.is desirable.

Familiarity with monitoring related tools and frameworks like Splunk, ElasticSearch, Prometheus, AppDynamics is a plus.

‘Get stuff done’ and flexible mindset for greater good of the organization.

Intellectually curious and eager to learn.

Technical Skills:

Experience (including internal workings of Java) in Java 8+ is required.

Experience developing software using Object Oriented Designs, advance patterns (like AOP) and multi-threading is required.

Experience with distributed message brokers like Kafka, RabbitMQ, ActiveMQ, Amazon Kinesis, etc. is desirable.

Experience with high speed distributed computing frameworks involving MapReduce techniques like Apache Spark, Kafka Streams, Apache Flink etc. is a plus.

Education and/or Experience:

BS degree in Computer Science, similar technical field required. Masters preferred.

Certificates or Licenses:

OCP Java SE 8 Programmer Certification is a plus

AWS Certified Solutions Architect – Associate Level is a plus

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

$136,000.00 - $222,800.00

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.