Senior Lead, Stress Testing & Liquidity Risk

The Options Clearing Corporation; Dallas (TX); Hybrid; USD 188,000 - 260,000; Full time

Benefits offered by this job

Hybrid work environment (up to 2 days/

Tuition Reimbursement

Student Loan Repayment Assistance

Technology Stipend

PTO and Parental leave

401k Employer Match

Comprehensive health benefits

Job summary

The Principal in the Stress Testing Group at The Options Clearing Corporation leads risk management activities to support stress testing and liquidity risk management. The role mentors junior staff and collaborates with IT to develop a new stress testing system while maintaining current systems.

You will engage with senior management, clearing members, regulators, and other stakeholders, drive analytical capability improvements, and produce concise management reports.

Qualifications

• Thorough knowledge of financial derivatives, including options and futures.
• Experience with central counter-party clearing, settlement of derivatives, financial risk management and regulated capital markets infrastructure.
• Sound understanding of market/credit/liquidity risk management and corresponding mitigation factors.
• Understanding of common market risk methodologies such as VaR, SPAN, stress testing, liquidity risk, and concentration risk, preferred.
• Experience with developing business requirements, systems implementation/testing.
• Demonstrated proficiency in performing analysis on large and complex data.
• Knowledge of SEC and CFTC Rules and Regulations.
• Ability to interact with all levels of management both internally and externally.
• Must possess excellent verbal and written communication skills.
• Self‑directed; Ability to work both independently with little direction or oversight and in a team‑oriented, collaborative environment to deliver high quality results for high priority and time sensitive projects. Projects often require independent thinking and taking initiative to fully define the problem and recommend solutions.
• Good organization skills; must be detail oriented and manage deadlines.
• Ability to prepare clear and concise reports in a timely fashion, which document adequacy and/or concerns.
• Ability to work on multiple projects and assignments at the same time and prioritize appropriately.
• Ability to adapt in a fast‑paced highly dynamic work environment.
• Willingness to travel, as required.

Responsibilities

• Analyze market and stress test risk exposures for all products and accounts cleared by OCC.
• Work directly with and support product teams in the development of business requirements for stress testing systems.
• Collaborate with Quantitative Risk Management group on model enhancements and stress test development.
• Develop tools to prepare position and exposure reporting based on large data set analysis.
• Report stress test results to monitor counterparty risk and liquidity resources.
• Interface with regulators and external auditors on inquiries and examinations.
• Mentor junior staff and support cross‑functional collaboration on risk projects.
• Supervise project team members indirectly across FRM and internal tech teams.

Skills

Derivatives risk management

Regulatory knowledge (SEC/CFTC)

Quantitative analysis

Communication skills

Mentoring/leadership

Project management

Education

Bachelor's degree or equivalent experience

Graduate degree preferred

Tools

SQL

Python

R

Matlab

Tableau

Alteryx

Jira

AI data analysis tools (Claude)

Job description

The Principal in the Stress Testing Group at The Options Clearing Corporation leads risk management activities to support stress testing and liquidity risk management. The role mentors junior staff and collaborates with IT to develop a new stress testing system while maintaining current systems.

You will engage with senior management, clearing members, regulators, and other stakeholders, drive analytical capability improvements, and produce concise management reports.