Full-Time

Manager – Cloud Engineering

Posted on 7/28/2025

OCC

OCC

1,001-5,000 employees

Clearinghouse offering risk management for derivatives

Compensation Overview

$138.2k - $223.2k/yr

+ Discretionary Bonus + Incentive Compensation

Chicago, IL, USA

Hybrid

Hybrid work environment, up to 2 days per week of remote work.

Category
DevOps & Infrastructure (1)
Required Skills
Chef
Kubernetes
Microsoft Azure
Puppet
Git
Apache Kafka
Operating Systems
Docker
AWS
Jenkins
Terraform
Ansible
DevOps
Requirements
  • Strong consultative, communication, team player and analytical skills are a must, as you will be regularly interacting between various teams which are distributed across the US
  • Strong technical team leadership and technical project management skills are required
  • Relevant experience leading highly technical team members through adopting new technologies while also maintaining highly available, mission critical systems with a proven track record of success
  • Ability to clearly communicate verbally and in writing to business and technology leaders, architects, developers, and team members
  • Must be able to collaborate effectively with a group of high performing, technical individuals
  • Expert working knowledge of infrastructure design and components, such as servers, operating systems, networks, and storage
  • Experience with architecting, implementing and maintaining highly available mission critical environments for 24x7 availability
  • Demonstrated history of working within deadlines and ability to work well under pressure
  • Hands-on experience with: Terraform, Kubernetes, Jenkins, Kafka, Github, and configuration management tools such as Puppet, Chef, or Ansible
  • Relevant experience with configuration and implementation of IaaS, Infrastructure as code, AWS, Azure, etc.
  • Bachelor’s degree, preferably in a technical discipline (Computer Science, Mathematics, etc.), or equivalent combination of education and experience required
  • 7+ years' experience in IT systems installation, operations, administration, and maintenance of cloud systems / virtualized servers
  • AWS Solutions Architect Associate Certification or higher strongly desired
Responsibilities
  • Design, configure, implement and manage a fully automated workflow for provisioning and maintaining a complex, highly available cloud environment using infrastructure as code
  • Develop and maintain a library of deployable, tested, and documented automation design scripts, processes, and procedures for deploying services to the cloud
  • Manage DevOps development activities and complex development tasks that will involve working with tools such as Docker, Kafka and container management systems
  • Lead and participate in cloud computing environment build-outs, software installation, maintenance and support, including but not limited to, patches, fixes, end-of-life preparation, and upgrades
  • Ensure the reliability of the services your area of responsibility provide and manage to both specific and implied SLAs to help the organization achieve both internal and external quality standard excellence for the cloud platform
  • Assess and plan for capacity needs within the cloud platform and forecast accordingly
  • Implement and manage initiatives within your assigned area of responsibility with accountability for results and compliance with all controls and security requirements
  • Lead in the development of technology roadmaps and end-of-life technology plans
  • Effectively communicate project and operational service issues to senior management promptly with observations, decisions, and recommendations for corrective measures
  • Meet with team members regularly to provide coaching and feedback on performance
  • Perform evaluations and deal effectively with staff problems and corrective actions as needed
  • Develop employee career development plans to assist with team member career growth and development
  • Provide coaching and feedback as needed to ensure a high performing team
  • Manage and participate in the implementation of production changes during defined maintenance windows and support on call rotation
  • Maintain appropriate work/personal balance within your team
  • Serve as a point of escalation within the team for support issues
  • Implement and manage rotational support schedules for afterhours and weekend work for area of responsibility
  • Foster an atmosphere of trust, respect, and high performance while displaying strong ethics and integrity
  • Lead team meetings
  • Manage project and daily work task planning and prioritization and meeting project deadlines while also maintaining a high quality of work
  • Ensure team compliance with all appropriate OCC policies and procedures
  • Institutes corrective actions to address audit and other regulatory or compliance findings
  • Operate within budget; Establish and assure adherence to schedules, work plans, and performance requirements
  • Write and maintain documentation of relevant systems, procedures and processes
  • Other duties as assigned
Desired Qualifications
  • Experience managing work tasks using Agile methodology/scrum desired
  • Experience working in an environment with a defined production change control process; experience with working with audits and compliance or in a regulated environment a plus
  • Competent in all phases of application development and implementation, including SDLC; Hands-on experience scripting/development skills in Python, Ruby, Go, Java, etc. in a corporate environment strongly desired
  • Experience working in a financial services or highly regulated environment preferred
  • Relevant industry certifications such as Microsoft Azure or Google Cloud

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 Jobs

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

Office of the Comptroller of the Currency
Feb 4th, 2026
OCC Earns Equality 100 Award in Human Rights Campaign Foundation's 2026 Corporate Equality Index

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.

FStech
Nov 24th, 2025
OCC integrates genAI from AWS to boost operational efficiency

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.

FinTech
Nov 21st, 2025
OCC Launches AWS GenAI Technology for Enhanced Financial Services

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.

Traders Magazine
May 5th, 2025
ON THE MOVE: OCC Names Stephen Luparello; Wilshire Adds Jason Schwarz

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.

Mondo Visione
Mar 17th, 2025
OCC Reappoints Six Board Members, Names Robert Hocking As Special Advisor To The Chairman

These reappointments are subject to approval at OCC's Annual Stockholder meeting on April 10, 2025.

INACTIVE