Full-Time

Associate Principal

Data Analytics Engineer

Posted on 11/23/2025

OCC

OCC

1,001-5,000 employees

Clearinghouse offering risk management for derivatives

Compensation Overview

$99.3k - $174.1k/yr

+ Discretionary bonus + Annual incentive

No H1B Sponsorship

Chicago, IL, USA

Hybrid

Hybrid role; up to 2 remote days per week; 3 on-site days.

Category
Data & Analytics (2)
,
Requirements
  • [Required] Ability to collaborate with multiple partners (e.g. Business Users, Data and Solution Architects, Data Governance and IT teams -- Data Platform Team, Systems & Infrastructure, Security, DevOps, Networking) to craft solutions that align business goals with internal processes, security, and delivery standards in mind.
  • [Required] past experience building data products or analytics systems depended on by other users
  • [Required] Ability to communicate technical concepts to audiences and ask pressing questions of people with varying levels of technical background, and synthesize non-technical requests into a technical specification
  • [Required] High attention to detail, tradeoffs, and an ability to think structurally about a solution
  • [Required] Bachelor's or Master’s degree in a quantitative discipline (e.g., Statistics, Computer Science, Mathematics, Physics, Data Science, Electrical Engineering, Information Systems) or equivalent professional experience
  • [Required] 5+ years of experience as a data engineer, software engineer, data scientist, financial risk analyst, business intelligence analyst
  • [Required] Ability to write and optimize complex analytical (SELECT) SQL queries and DDL queries
  • [Required] Ability to write and manage python projects for custom data pipeline code (virtual environments, scripts vs. modules vs packages, functional programming, unit testing)
  • [Required] Experience with a source code version control repository system, branch management, pull requests (preferably git)
  • [Required] Experience working with a linux shell and with container frameworks like docker for portable code distribution and execution
Responsibilities
  • Design and implement cloud infrastructure for internal analytics zone in collaboration with our data architect, OCC’s Data Platform team, DevOps, IT
  • Assist in the build, test, and deploy semantic layer’s virtual and physical data models that simplify complex semi-structured data, eliminate multiple definitions of similar data, create query-friendly datasets, and standardize column naming for downstream users that are developing quantitative analytics, dashboards, and internal risk applications.
  • Lead the build and implementation for big data processing solutions that meet latency SLAs and access pattern needs of business users who need to analyze the large datasets generated by OCC’s risk models
  • Take a lead in implementing DataOps practices of observability and monitoring through automation for semantic layer and other data products to ensure proactive data system failure detection and incident response
  • Learn user wants, motivations, priorities, and “the why” as part of eliciting business requirements with developers in risk management departments
  • Work with upstream data producers to understand how their systems generate data, and how they are subject to change over time to help anticipate and manage schema drift from semantic layer
  • Collaborate with Data Governance, Data Platform Team, and DBAs to design access controls to data platform that meet business and internal governance needs
  • Create documentation and testing to ensure data lineage is traceable and semantic layer components are easily discoverable and useful to business users
  • Teach self-service capabilities and data literacy with business users leveraging the semantic layer, analytics tools , and CI/CD tools
  • Invest in your continued learning of on modern data engineering, cloud computing, options trading industry, and financial risk management, with an eye towards improving maintainability, reliability, and utility of our analytics infrastructure
  • Assist risk analysts in solving their analytics questions/challenges and support ad-hoc development with them, as needed.
Desired Qualifications
  • [Preferred] Cloud platform certification, or
  • [Preferred] Data Engineering certification
  • [Preferred] Experience with transformation/semantic layer frameworks, such as dbt or Cube
  • [Preferred] Experience with data lake architectures, their different technology components and purpose in modern cloud data stacks for analytics, such as Apache Parquet file format, Apache Iceberg table format, and analytics optimized query engines such as Trino or duckdb
  • [Preferred] Familiarity with data modeling design concepts such as 3rd-normal form versus denormalized data modeling concepts such as star-schema
  • [Preferred] Familiarity with a cloud computing platform, such as AWS or Azure, or a cloud data platform such as Databricks or Snowflake
  • [Preferred] Experience with batch orchestration tools such as Apache Airflow, Dagster, or Prefect
  • [Preferred] Experience with privileged access management platforms, such as CyberArk or Hashi Vault
  • [Preferred] Experience integrating custom code with CI/CD tools, such as Jenkins, JFrog Artifactory, Harness
  • [Preferred] Understanding of applied statistics and hands-on experience applying these concepts

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