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Job Analysis:
The role of Senior Associate, Operational Risk Management - IT and Security at OCC is primarily focused on evaluating and managing operational risks related to IT and security systems. This individual will work closely with various departments to enhance the organization’s risk management framework and ensure that compliance measures are upheld across risk assessments for IT and security. Success in this role hinges on the ability to lead risk identification processes, communicate effectively with leadership about risks, and analyze complex data to leverage automation in enhancing oversight. The candidate will be expected to navigate a highly regulated environment and possess a strong grasp of cybersecurity issues while collaborating with cross-functional teams. This position represents a fusion of technical knowledge and interpersonal skills, which is essential for providing valuable insights to improve OCC’s risk profile while aligning these efforts with corporate strategy and regulatory demands.
Company Analysis:
The Options Clearing Corporation (OCC) stands as a critical entity in the financial services industry, focusing on clearing and settlement for equity derivatives. Being the largest organization of its kind, OCC is not only a market leader but also a Systemically Important Financial Market Utility (SIFMU), which heightens the importance of robust operational risk management. This role fits into a culture that emphasizes perseverance through regulatory adherence and market integrity, making it essential for candidates to thrive in a structure that values collaboration and accountability. Working at OCC means being part of an organization that is navigating a complex regulatory landscape while maintaining a commitment to stability in the financial markets. This position serves to bolster OCC’s efforts in risk management strategy by helping to safeguard the technology that underpins their operations. Ultimately, the role has significant visibility and requires a proactive approach to risk management to align with the overarching objectives of efficiency and excellence in service delivery.