Senior Associate, Third Party Risk Management

THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP

What You'll Do:

The Senior Associate will be working across multiple lines of business to assist with TPRM efforts to monitor and manage third party relationships and compliance with TPRM procedures. In this role, they will have governance and oversight responsibilities to ensure third parties are properly assessed. In addition, the Associate Principal shall lead special projects as assigned.

Primary Duties and Responsibilities:

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

• Coordinate with key stakeholders across multiple departments to initiate, scope and conduct Third Party risk assessments of new and existing Third Party engagements (Vendors, FMU’s, Exchanges, Clearing Members, Banks & other third parties)

• Conduct risk-based analysis, such as communication of identified risks to key stakeholders, organizing remediation action plans, and track and monitor identified Third Party risks to closure

• Oversee on-boarding, monitoring and off-boarding of Third Party services

• Establish and maintain partnerships with internal and external stakeholders to ensure effective collaboration to identify, measure and manage Third Party risks and controls

• Coordinate with both internal and external stakeholders and respond to Third Party requests related to OCC operations from Clearing Members, Banks, and other OCC Third Parties

• Maintain an up-to-date understanding of emerging financial, operational, Third Party and regulatory/compliance related information to contribute to the continuous improvement of the Third Party risk management program

• Assist with regulatory and audit requests

• Lead special projects 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.

• Ability to anticipate, draw conclusions, and adapt to changing needs and demands

• Prior Third Party Risk Management, Audit or Enterprise Risk Management experience

• Excellent verbal, written and interpersonal communication skills, including the ability to communicate effectively with all levels of staff and management

• Strong analytical skills, problem solving, strategic thinking and reasoning abilities

• A high degree of integrity, professionalism, and capacity to excel in a cohesive team environment

• Ability to work independently on projects with little oversight or as part of a team

• Detail oriented with the ability to multitask and quickly adapt to changing assignments

Technical Skills:

Proficient in Microsoft Word, Excel, Access, and PowerPoint

Education and/or Experience:

• Bachelor’s Degree (or equivalent)

• Master’s Degree (preferred)

• At least 2 years of experience in Risk Management, Third Party Risk, Auditing or the equivalent

• Some knowledge of Third Party Risk Management processes and methodologies

Certificates or Licenses:

Preferred CISA, CRISC, or other certifications for Security or Business Continuity

Who We Are

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

Salary Range

70,100.00 - 82,200.00 - 94,300.00 USD Annual

Incentive Range

6% to 10%

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