Company Overview

As a systemically important financial market utility, OCC helps to ensure confidence in the financial markets and the broader economy.

A World Class Clearing Organization
OCC, founded in 1973, is the world’s largest equity derivatives clearing organization. OCC is dedicated to promoting stability and financial integrity in the marketplaces that it serves by focusing on sound risk management principles. By acting as guarantor, OCC ensures that the obligations of the contracts it clears are fulfilled.

As the marketplace evolves, so do the clearing capabilities at OCC. Although OCC began as a clearinghouse for listed equity options, it has grown into a globally recognized entity that clears a multitude of diverse and sophisticated products. OCC operates under the jurisdiction of both the SEC and the CFTC. As a registered clearing agency under SEC jurisdiction, OCC clears transactions for exchange-listed options, security futures and OTC options. As a registered derivatives clearing organization under CFTC jurisdiction, OCC offers clearing and settlement services for transactions in futures and options on futures. OCC also provides central counterparty clearing and settlement services for securities lending transactions. In addition, OCC has been designated as a “systemically important” financial market utility under Title VIII of the Dodd-Frank Act.


Purpose

We ensure confidence in the financial markets and broader economy.


Mission

We promote stability and market integrity through effective and efficient clearance settlement and risk management services while providing thought leadership and education to market participants and the public about the prudent use of products we clear.


Values

We take pride in our collaborative workplace – a workplace that fosters respect for each other’s views and perceptions in order to achieve better outcomes. We’re bound together by values and behaviors that shape the way we work and live, from team projects to after-hours events and to making a difference in our communities. OCC colleagues thrive in an atmosphere of intellectual curiosity, creative problem-solving and effective interaction.
 

  • INNOVATION & AGILITY
    We lead and embrace change
  • STEWARDSHIP
    We serve industry participants and the greater public interest
  • COLLABORATION
    We build success together
  • PERFORMANCE & ACCOUNTABILITY
    We own the outcomes
  • ETHICS & INTEGRITY
    We do the right thing
  • DIVERSITY, EQUITY & INCLUSION
    We believe our differences make us stronger and more innovative


It’s an Exciting Time to Work for OCC

At OCC we focus on attracting, developing and retaining the right people with a wide range of backgrounds and perspectives.
We hire for it. We manage to it. We promote it.

Everyone at OCC focuses on enabling a stable financial market. Whether you’re on the Board of Directors, a member of the Management Committee, or a colleague working in Chicago, Dallas, or Washington, D.C., we are all committed to transforming systems and processes to ensure we anticipate risk in meeting the demands of the financial market. The principles of risk management are at the forefront of what we do within all levels of the organization.

Where We Work
We are staffed almost entirely in Chicago and Dallas, with a small, yet critical, presence in Washington, D.C. When you work with us, you’ll be doing so in a world-class city that’s filled with opportunities.

OCC is an equal opportunity employer that is committed to diversity, equity, and inclusion. OCC provides equal employment opportunities to all employees and applicants for employment without regard to race, color, national origin, citizenship status, sex, sexual orientation, gender identity or expression, disability, age, marital status, religion, veteran status, or any other characteristics protected by applicable federal, state, or local laws.

We encourage you to review our open positions and apply if you think your experience may be a match, even if you do not meet all of the qualifications. Your perspective may be an element we need to continue building innovative solutions to support the markets and market participants we serve.
Company Summary
Name
The Options Clearing Corporation
Number of Employees
501-1,000
Website
Phone
(312) 322-7542
Location
125 South Franklin Street
#1200
Chicago, IL
60606