Manager, Software Engineering: Java

The Options Clearing Corporation; Chicago (IL); Hybrid; USD 185,000 - 223,000; 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

Medical, dental and vision benefits

Job summary

The Options Clearing Corporation (OCC) is seeking a senior engineering leader to manage a diverse team delivering foundational components for the Ovation Risk Platform. You will drive sound architectural decisions, oversee cross-functional projects, and refine complex requirements for scalable systems.

Responsibilities include people management, performance reviews, compensation decisions, and leading large-scale streaming architectures.

Qualifications

• Master’s degree in computer science, IT, business administration, or related
• 3+ years of experience as a senior software engineer, manager application engineer, or related

Responsibilities

• Lead a diversely skilled team of engineers building foundational components for the Ovation Risk Platform.
• Provide senior-level engineering people management, including performance reviews and compensation decisions.
• Design and operate large-scale, fault-tolerant event streaming architectures using Kafka and Flink for real-time data ingestion and processing.
• Act as technical product owner to refine business, architectural and design requirements.
• Integrate AI/ML capabilities into enterprise-grade systems with PostgreSQL design and schema management.

Skills

Kafka & Flink

AI/ML integration

PostgreSQL design

People management

Education

Master’s degree in computer science / IT / business administration or related

Tools

Apache Kafka

Apache Flink

PostgreSQL

Job description

Duties

Manage a diversely skilled team of talented engineers working on building foundational components required by the Ovation Risk Platform, all while enriching and advancing the platform providing sound technical decisions around design, architecture and development. Provide senior-level engineering people management, including conducting structured performance reviews, administering compensation decisions such as merit increases and equity adjustments, managing involuntary separations, and leading cross‑functional teams at scale. Collaborate with others to deliver complex projects which may involve multiple systems. Analyze, document, refine, and maintain architectures that are developed within the team. Create strategies and transition plans to deliver target state architectures. Design and operate large-scale, fault‑tolerant event streaming architectures using Apache Kafka and Apache Flink for real‑time data ingestion, transformation, and processing. Act as technical product owner in flushing out detailed business, architectural and design requirements. Integrate artificial intelligence and machine learning capabilities into enterprise‑grade systems, combined with advanced PostgreSQL database design, query optimisation, and schema management. Lead development of solution and solution architecture on Ovation Risk Platform. Review architecture proposals with tech leads in the firm as well as senior business partners. Utilize domain knowledge of options exchange operations, trade lifecycle, and clearing workflows. Up to 40% telecommuting permitted. OCC offers a standard benefits package. This position qualifies for The Options Clearing Corporation’s Employee Referral Program.

Education & Experience Required

Master’s degree in computer science, IT, business administration, or related and three (3) years of experience as a senior software engineer, manager application engineer, or related

Special Skills Required

• Designing and operating large-scale, fault‑tolerant event streaming architectures using Apache Kafka and Apache Flink for real‑time data ingestion, transformation, and processing;
• Integrating artificial intelligence and machine learning capabilities into enterprise‑grade systems, combined with advanced PostgreSQL database design, query optimisation, and schema management;
• Domain knowledge of options exchange operations, trade lifecycle, and clearing workflows;
• Senior‑level engineering people management, including conducting structured performance reviews, administering compensation decisions such as merit increases and equity adjustments, managing involuntary separations, and leading cross‑functional teams at scale.

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 23 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
• Up to 40% telecommuting permitted
• OCC offers a standard benefits package
• Visit https://www.theocc.com/careers/thriving-together for more information.

Salary

$185,000-$222,800

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.

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.

Interview Process

Interviews OCC does not utilize video chat rooms (that is, Google Hangouts) to conduct interviews. OCC will only use our approved Zoom video interview platform. Your vigilance helps protect you and supports the integrity of our hiring process.

Disability Accommodation

If you need a disability related accommodation for any part of the application process, please email [e-mail].