The Options Clearing Corporation (OCC)→
Associate, Collateral Services at The Options… · Dallas
Entry LevelHybridFull-timeDallas, TX$58k–$78k/yr
Skills
collateral managementsettlement processingstock loan processingaudit procedurespolicyprocedure developmentmicrosoft wordmicrosoft powerpointmicrosoft excelcustomer servicemultitaskingprofessional interaction
Job Description
Summary: The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. The Associate in Collateral Services will perform transaction processing and activity monitoring related to collateral, settlement, and stock loan, while interacting with clearing members, banks, and exchanges to optimize these processes.
Responsibilities:
- Accurately monitor and process collateral, settlement, and stock loan activity using OCC’s proprietary systems (such as Encore), multiple external bank systems, and other depository systems
- Analyze collateral, settlement, and stock loan data by utilizing internal and external systems; present results in a professional and enriching manner to management and external parties
- Interact daily with internal and external participants (including but not limited to co-workers, departments, clearing members, banks, and exchanges) by responding to inquiries and problems
- Review applicable rules, agreements, policies and procedures and perform scheduled audits to ensure the integrity of collateral
- Assist in the development and maintenance of OCC policies, Collateral Services procedures and training guides by writing, updating, and reviewing them
- Adhere to OCC’s policies, procedures, and rules
- Assist in various ad-hoc and corporate projects as assigned by management
- Other duties as assigned
Required Qualifications:
- Excellent oral and written communication skills
- Excellent customer service skills
- Ability to solve problems
- Ability to multitask in a dynamic environment
- Ability to interact in a professional manner with internal and external participants (including but not limited to co-workers, management, clearing members, banks, and exchanges)
- Ability to cover various shifts and work overtime, including weekends if conditions warrant
- Working knowledge of Microsoft Word, PowerPoint, and Excel (managing data, formulas, pivot tables, macros and lookup functions)
- Bachelor's degree in Accounting, Finance, or a related discipline or an equivalent combination of education and or experience
Preferred Qualifications:
- 1 – 3 years of related work experience preferred
Required Skills: Collateral Management, Settlement Processing, Stock Loan Processing, Audit Procedures, Policy, Procedure Development, Microsoft Word, Microsoft PowerPoint, Microsoft Excel, Customer Service, Multitasking, Professional Interaction
Benefits: 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
Benefits
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