Senior Principal, Pricing & Margin Risk Analytics

The Options Clearing Corporation; Chicago (IL); Hybrid; USD 110,000 - 150,000; 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

Health benefits

Job summary

The Options Clearing Corporation (OCC) is seeking a risk-focused professional to support a broad suite of risk management functions. The role involves ensuring accuracy of price data, regulatory margins, and risk parameters used in model-based calculations.

You will reconcile pricing, calibrate models, and support SPAN/RBH/CPM with a focus on data integrity and timely delivery. You will collaborate with multiple departments, review model outputs, and assist in training Pricing & Margin team

Qualifications

• Strong understanding of securities and futures markets and derivative valuation.
• Understanding of statistical concepts (e.g., VaR, Expected Shortfall).
• Ability to generate and evaluate metrics from large data sets for management.
• Comfortable performing data validation and reconciliation.
• Experience presenting analyses to senior management or regulators.

Responsibilities

• Analyze market and theoretical valuations for all OCC-cleared products.
• Evaluate market data vendors and manage data entitlements.
• Support SEC and CFTC regulated customer margin programs and SPAN/RBH-CPM parameters.
• Perform daily rate performance evaluation and parameter recalibration.
• Provide explanations of OCC's risk management framework to external parties.

Skills

Analytical skills

Risk management

Communication skills

Cross-functional collaboration

Attention to detail

Project leadership

Education

Bachelor's degree in finance, economics, or related field

Master's degree or CFA/FRM progress a plus

Tools

Excel

Bloomberg

Refinitiv

SQL

Tableau

R Studio

Python

Alteryx

Job description

The Options Clearing Corporation (OCC) is seeking a risk-focused professional to support a broad suite of risk management functions. The role involves ensuring accuracy of price data, regulatory margins, and risk parameters used in model-based calculations.

You will reconcile pricing, calibrate models, and support SPAN/RBH/CPM with a focus on data integrity and timely delivery. You will collaborate with multiple departments, review model outputs, and assist in training Pricing & Margin team