Executive Director, Deputy General Counsel and Deputy Corporate Secretary

PLEASE NOTE: THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP

What You'll Do:
The Executive Director, Deputy General Counsel and Deputy Corporate Secretary reports to the General Counsel and will work closely with the General Counsel, the Board, and other senior officers, as applicable, to manage the Legal department affairs and tailor the Board’s governance framework to meet necessary requirements.  The role will also support the Board in carrying out its fiduciary duties and help ensure compliance with governance requirements in Delaware corporate law and applicable regulatory standards.  
 

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

• Work closely with the General Counsel to provide legal advice and guidance to members of the Board of Directors and senior management.  

• Provide strategic oversight of the Legal department including resources and other initiatives.  

• Serve as the lead of the Office of the Corporate Secretary and manage the Office of the Corporate Secretary staff.   Oversee all Board and internal governance processes.

• Work closely with the General Counsel to develop, maintain, and revise Board agendas, Board-level committee agendas, and management-level agendas consistent with corporate requirements in charters, corporate governance principles, or By-Laws.  Set Board, Board-level committee, and management-level committee meeting schedules and ensure compliance with applicable Delaware corporate law, charter requirements, and regulatory standards.

• Attend Board and Board-level committee meetings and Management Committee meetings, as necessary, and draft, distribute, and maintain Board and Board-level committee meeting minutes.  

• Provide general advice with respect to corporate governance matters to directors and senior officers both inside and outside of Board meetings, including with respect to director fiduciary obligations.

• Oversee annual governance processes and Board-level charters to confirm annual requirements  are met.  Review Board presentation materials for adequacy, consistency (across reporting and with respect to prior reports), user-friendliness, and overall quality.   

• Manage Stockholder relationships and oversee Stockholder Meetings.

• Oversee the corporate registration processes for the company.

• Facilitate Director on-boarding and resignation processes.  Maintain and update the Director orientation program and ensure Directors are notified of Director development, training, and educational opportunities.  

• Prepare and maintain materials for the annual Board and committee self-evaluations and prepare Director skill matrices.

• Review Board independence and other Director qualification and conflict issues per Delaware corporate governance and applicable regulatory standards and consult regarding potential conflicts-of-interest.

• Manage internal Legal department affairs.  

• Oversee external counsel relationships and management the Legal department budget.

• Liaise with regulators, auditors, and others on corporate governance matters. 

• Perform other duties as assigned

Supervisory Responsibilities:

• None

Qualifications:

The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

• Prior experience in securities and commodity laws and regulations, preferred.

• Prior experience working with regulatory agencies and familiarity with regulations under Dodd-Frank and other applicable financial regulations preferred.

• Thorough understanding of Delaware corporate law, preferred.

• Experience in corporate governance with a regulated entity, particularly a self-regulatory organization with the US Securities and Exchange Commission, preferred.

• Excellent analytical and problem-solving skills

• Ability to manage medium to high complexity matters with a significant degree of independence.

• Ability to expeditiously identify and assess issues and provide legally sound recommendations consistent with good business practices and reason.

• Excellent interpersonal and communication skills.

• Excellent writing skills.

• Detail-oriented, flexible, and creative.

• Well-organized and capable of handling several substantial assignments at the same time.

• Self-starter with the ability to work independently as well as on a team and to quickly shift priorities in response to changing business environment or priorities.

• Ability to work collaboratively, including through effective communication, with internal clients from different departments at various levels of seniority.

• Ability to promptly produce high-quality, accurate, and detailed work product.

Technical Skills:

• Microsoft Office (Excel, Word)

Education and/or Experience:

• 10 or more years of relevant experience at a law firm or corporate in-house position.

• Juris Doctor or equivalent degree from a law school accredited by the American Bar Association.

• Bachelor’s degree from accredited college or university.

Certificates or Licenses:

• Admitted to practice law in Illinois.

About Us

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

What We Offer

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

• A hybrid work environment, up to 2 days per week of remote work
• Tuition Reimbursement to support your continued education
• Student Loan Repayment Assistance
• Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
• Generous PTO and Parental leave
• Competitive health benefits including medical, dental and vision

Benefits

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

• A hybrid work environment, up to 2 days per week of remote work
• Tuition Reimbursement to support your continued education
• Student Loan Repayment Assistance
• Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
• Generous PTO and Parental leave
• 401k Employer Match
• Competitive health benefits including medical, dental and vision

Visit https://www.theocc.com/careers/thriving-together for more information.

Compensation

• The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education.
• In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.
• We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers
• All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.

Salary Range

$226,700.00 - $353,100.00

Incentive Range

28% to 35%

This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.  

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location. 

For more information about OCC, please click here.

OCC is an Equal Opportunity Employer