Full-Time
Associate Principal
Software Engineering SDET
Posted on 7/30/2025
OCC
1,001-5,000 employees
Clearinghouse offering risk management for derivatives
Compensation Overview
$110.2k - $137.7k/yr
Dallas, TX, USA
Hybrid
Hybrid role with up to 2 days remote per week.
 Software Engineering (3) |
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- Master’s degree in computer science, business analytics, or related and three (3) years of experience as a test engineer, data analyst, or related
- Must have work experience with each of the following: 1) Utilize Cucumber's BDD Gherkin syntax to develop comprehensive test scenarios, conduct functional and regression testing for Tableau reports, and develop a Python automation framework for ODS vs. PostgreSQL report comparison, enhancing efficiency and maintaining data integrity; 2) Configure and optimize the Ververica Platform for Flink deployment, with a focus on enhancing Kafka data ingestion and operational efficiency and implement efficient data ingestion processes for day 0 and day 1 clearing applications, ensuring seamless data flow and reliability; 3) Conduct functional and regression testing for Tableau reports to guarantee accurate data visualization and report reliability, and orchestrate and implement UC4 workflows to automate IT processes, resulting in substantial efficiency gains; and 4) Manage deployments for all applications within the data pillar, ensuring smooth and efficient releases using DevOps tools and practices, including tools like Harness, Rancher, Jenkins, and CI/CD pipelines to automate and streamline deployment processes. Address and resolve application/service-related issues by collaborating closely with developers to troubleshoot, implement fixes, and update services, utilizing tools such as HashiCorp Vault for secure configuration management. Up to 40% telecommuting permitted.
- Design, development and maintenance of new and existing automation frameworks
- continued evaluation of test cases for inclusion in test regression, tests coverage and automation of newly implemented functionality
- development of tools to enable acceptance test efficiencies
- Work in an Agile team throughout the Software Development Lifecycle to collaborate on the analysis, design, development and testing
- Actively participate in Sprint planning sessions to create stories with robust acceptance criteria, while helping identify missing or incomplete requirements
- Actively participate in all testing phases within the Sprint from test planning, test execution, defect management and Sprint closure
- Define test strategy, conduct requirements analysis for testability, identify scope, conduct risk and mitigation planning, configuration management planning, and write master and detailed test plans for test planning and design
- Create, maintain and execute automation test plans, writing code against software platforms, estimating testing efforts, analyzing and communicating test results, defect tracking and participation in day-to-day acceptance test activities, and contribute to the company’s performance and scalability testing efforts
- Develop, enhance and extend automation frameworks
- Identify quality tasks during team Sprint cycle and implement automation for new features
- Analyze and communicate test results and defect tracking
- Assist in the planning, creation and control of the test environments and test data
- Participate in the review of acceptance test procedures and processes and provide recommendations for improvements to eliminate redundancies in testing and improve efficiency
- Utilize Cucumber's BDD Gherkin syntax to develop comprehensive test scenarios, conduct functional and regression testing for Tableau reports, and develop a Python automation framework for ODS vs. PostgreSQL report comparison, enhancing efficiency and maintaining data integrity
- Configure and optimize the Ververica Platform for Flink deployment, with a focus on enhancing Kafka data ingestion and operational efficiency and implement efficient data ingestion processes for day 0 and day 1 clearing applications, ensuring seamless data flow and reliability
- Conduct functional and regression testing for Tableau reports to guarantee accurate data visualization and report reliability, and orchestrate and implement UC4 workflows to automate IT processes, resulting in substantial efficiency gains
- Manage deployments for all applications within the data pillar, ensuring smooth and efficient releases using DevOps tools and practices, including tools like Harness, Rancher, Jenkins, and CI/CD pipelines to automate and streamline deployment processes
- Address and resolve application/service-related issues by collaborating closely with developers to troubleshoot, implement fixes, and update services, utilizing tools such as HashiCorp Vault for secure configuration management
- Up to 40% telecommuting permitted
- Up to 40% telecommuting permitted
OCC clears and settles trades in the derivatives market, acting as a central counterparty that guarantees completion of transactions and manages risk. It serves clients including clearing members and exchanges, handling standard options, stock loans, and futures by processing trades, margining, and settlement through its systems. The OCC earns fees based on trade volume and risk management activities, and it emphasizes secure technology like its MyOCC portal to protect authorized users. What sets OCC apart is its focus on being a dedicated, regulated clearinghouse with robust risk controls and technology infrastructure to support the safety and efficiency of derivatives markets. Its goal is to maintain the stability and integrity of financial markets by reducing counterparty risk and ensuring smooth clearing and settlement of trades.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
1973
Simplify's Take
What believers are saying
- OCC integrates AWS genAI, cutting software test documentation time by 80%.
- OCC clears options on BlackRock's IBIT ETF after SEC approval September 2024.
- OCC appoints Nasdaq's Jeffrey Davis to board April 22, 2026, enhancing expertise.
What critics are saying
- Bitcoin volatility over $93,000 overwhelms OCC risk systems within 3-6 months.
- CFTC exclusion forces OCC to bear full default risks in BTC crashes within 6-12 months.
- AWS genAI hallucinations cause undetected bugs and settlement failures within 12-18 months.
What makes OCC unique
- OCC serves as world's largest equity derivatives clearing organization since 1973.
- OCC acts as sole central counterparty for US-listed options across 21 exchanges.
- OCC novates trades, becoming buyer to every seller and seller to every buyer.
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Benefits
Medical, Dental, Vision Insurance
Life, AD&D, and Disability Insurance
Health Savings Account
Flexible Spending Accounts
401(k) Retirement Savings Plan
401(k) Employer Match
Monthly Student Debt Contribution
Tuition Reimbursement
10 Paid Holidays (including 1 Floating Holiday)
Paid Time Off (PTO)
12-week Paid Parental Leave
Sabbatical
Technology Stipend up to $2000
Work from Home Program
Back-up Dependent/Elder Care Support
Company News
OCC earns Equality 100 Award in Human Rights Campaign Foundation's 2026 Corporate Equality Index. February 04, 2026 OCC is proud to announce that, for the second consecutive year, The Options Clearing Corporation has earned a perfect score of 100 on the Human Rights Campaign Foundation's (HRCF) 2026 Corporate Equality Index (CEI), the nation's leading benchmarking survey on corporate policies and practices related to LGBTQ+ workplace equality. This recognition once again places OCC among 534 U.S. businesses honored with HRCF's Equality 100 Award-affirming its position as a leader in LGBTQ+ workplace inclusion. "This recognition reflects our #WeAreOCC commitment to providing the resources and infrastructure that support LGBTQ+ colleagues: equitable benefits, clear policies, and spaces for meaningful connection. When we strengthen support for LGBTQ+ colleagues, we strengthen the conditions for everyone to thrive. We're building systems that sustain this work over time, maintaining what's working while addressing gaps as we identify them," said Ngoc Nguyen, Executive Director and Head of Diversity, Equity and Inclusion at OCC. The 2026 CEI evaluated 1,449 organizations ranging from the largest public companies to small and mid-sized businesses, collectively impacting more than 22 million American workers. Companies were assessed across four key pillars that model inclusive workplace environments: * Non-discrimination policies across business entities * Equitable benefits for LGBTQ+ workers and their families * Supporting an inclusive culture * Outreach and engagement Earning this recognition for a second consecutive year highlights how colleagues across OCC continue to bring its values to life. Whether through participation in employee led groups, contributions to evolving workplace policies, or daily acts of support and allyship, its community plays a central role in sustaining a culture where people can thrive. OCC's commitment to LGBTQ+ inclusion extends beyond meeting industry standards-it reflects who The Options Clearing Corporation is and how The Options Clearing Corporation work together. Its #WeAreOCC value continues to inspire actions that uplift voices, encourage connection, and ensure everyone feels empowered to succeed. The Options Clearing Corporation is proud to be part of a growing movement that pushes workplace equality forward and strengthens the environments where people build their careers. The full HRCF Corporate Equality Index report is available online at www.hrc.org/cei. The Human Rights Campaign (HRC) is the nation's largest LGBTQ+ civil rights organization working to achieve equality for lesbian, gay, bisexual, transgender and queer (LGBTQ+) people, with 3.6 million members and supporters. The HRC Foundation (a 501(c)(3)) works to ensure LGBTQ+ people are safe, seen and supported where it matters most: at school, at work and in every community across the country. From the courtroom to the classroom, from Congress to corporate America, HRC and the HRC Foundation build power through partnerships, storytelling, and action - working to create a future rooted in equity, freedom and belonging for all LGBTQ+ people.
OCC integrates genAI from AWS to boost operational efficiency. The US-based Option Clearing Corporation (OCC), the world's largest equity derivatives clearing organisation, has rolled out genAI from Amazon Web Services (AWS) to boost its internal development processes and enhance operational efficiency. The company said it has already used the technology in code testing which has reduced the time spent on software test documentation by up to 80 per cent, saving individuals and teams hours of highly manual work. The integration also simplified the code verification and updating process, helping developers identify potential issues more quickly and implement solutions more efficiently. OCC added that it intends to expand the use of genAI across all of its development operations, including requirements coverage verification and security reviews. "As the sole central counterparty for US listed options, OCC continuously seeks to enhance our operational efficiency to deliver cost-effective clearing and settlement to our clearing members," said Andrej Bolkovic, chief executive, OCC. He added that genAI technology could help the company explore how to improve operational excellence through "prudent and thoughtful innovation". Founded in 1973, OCC has over 100 clearing members and provides clearing and settlement services as a central counterparty (CCP) to 20 stock exchanges and trading platforms. Financial institutions are increasingly implementing genAI to boost internal operations across various areas. In November, BNP Paribas rolled out a genAI assistant to improve the accuracy and speed of its ESG assessment process. The technology, which is the result of internal development using OpenAI's ChatGPT 4 or mini model via Azure API, has been used by 600 users since its launch, helping them complete nearly 1,600 ESG assessments. ESG assessment is a tool used by the bank's relationship managers (RMs) to evaluate the ESG performance and risks of its clients. Earlier this month, Lloyds Bank's group head of AI has said that the organisation is on track to meet its target of delivering £50 million worth of incremental value through 50 genAI use cases this year. Speaking at FTT Festival in London earlier this month, Rohit Dhawan said that the bank's AI journey has been more focused on innovation rather than fully advanced models in production, with Lloyds tracking the "total number of AI advances." The comments came days after Lloyds announced it is piloting a multi-feature, AI-powered financial assistant within its mobile app, positioning the tool as a 24/7 "financial companion" that offers personalised coaching, spending insights and guidance on savings and investments.
OCC launches AWS GenAI technology for enhanced financial services. Revolutionizing transaction processing in the financial industry with AI advancements. * OCC adopts AWS GenAI for improved financial operations. * New technology enhances transaction processing efficiency. * Partnership aims to drive fintech innovation and growth. * OCC seeks to streamline operations and reduce costs. The OCC has recently launched AWS GenAI technology to improve financial service operations significantly. This innovative step focuses on enhancing transaction processing capabilities, aiming to streamline workflows and reduce operational costs. By leveraging advanced machine learning, OCC strives to lead in fintech innovation. This move could set a precedent for other financial institutions considering AI adoption.
OCC, the world's largest equity derivatives clearing organization, has appointed Stephen Luparello as Chairman, succeeding Craig Donohue, who resigned to pursue another career opportunity.
These reappointments are subject to approval at OCC's Annual Stockholder meeting on April 10, 2025.