Current jobs related to Collateral Services Associate - Chicago, Illinois - The Options Clearing Corporation

  • Collateralized Debt Obligation Analyst

    2 weeks ago

    Chicago, Illinois, United States U.S. Bank Full time

    Job DescriptionAt U.S. Bank, we're committed to helping our customers and businesses make informed financial decisions. As a Collateralized Debt Obligation Analyst, you'll play a critical role in our Global Corporate Trust Services team, providing expertise in trust reporting and financial data analysis.Key Responsibilities:Review and interpret trust...

  • Regulatory Reporting Specialist

    2 weeks ago

    Chicago, Illinois, United States Bank of America Full time

    Job Title:Regulatory Reporting Consultant - Collateral OperationsJob Summary:At Bank of America, we are committed to helping our clients achieve their financial goals through responsible growth. As a Regulatory Reporting Consultant - Collateral Operations, you will play a critical role in ensuring the accuracy and timeliness of regulatory reports. Your...

  • Collateralized Loan Obligation Loan/Asset Administrator

    2 weeks ago

    Chicago, Illinois, United States U.S. Bank Full time

    Job DescriptionAt U.S. Bank, we're committed to helping our customers and businesses make informed financial decisions. As a Collateralized Loan Obligation Loan/Asset Administrator, you'll play a critical role in our Global Corporate Trust Services division, working with our premier CLO trustee in the industry.Key ResponsibilitiesMonitor and maintain pools...

  • Loan Servicing Associate

    1 month ago

    Chicago, Illinois, United States RF RENOVO MANAGEMENT COMPANY LLC Full time

    Job Title: Loan Servicing AssociateRenovo Financial is seeking a highly skilled Loan Servicing Associate to join our Servicing Department. As a key member of our team, you will be responsible for managing all transactions related to loans in our servicing system.Key Responsibilities:Intake collateral from newly closed loans and onboard them into our...

  • Collateralized Loan Obligation Loan/Asset Administrator

    2 weeks ago

    Chicago, Illinois, United States U.S. Bank Full time

    About the RoleAt U.S. Bank, we're committed to helping our customers and businesses make informed financial decisions. As a Collateralized Loan Obligation Loan/Asset Administrator, you'll play a critical role in our Global Corporate Trust Services division, working with our premier CLO trustee team to monitor and maintain pools of corporate bonds,...

  • Collateralized Loan Obligation Loan/Asset Specialist

    4 days ago

    Chicago, Illinois, United States U.S. Bank Full time

    We are seeking a highly skilled Collateralized Loan Obligation Loan/Asset Administrator to join our Corporate Trust department within Wealth Operations at U.S. Bank.The successful candidate will be responsible for setting up new portfolios, assets, and cash mapping input to CDO Suite, processing Agent Bank notices, and researching discrepancies between...

  • Quick Service Restaurant Associate

    1 month ago

    Chicago, Illinois, United States Eataly North America Full time

    {"Job Title": "Quick Service Restaurant Associate", "Job Description": "Job SummaryEataly North America is seeking a skilled Quick Service Restaurant Associate to join our team. As a Quick Service Restaurant Associate, you will provide exceptional guest service across our various QSR counters, serving gelato, pastries, coffee, paninis, and other Italian...

  • Tax Proposal Operations Associate Director

    1 week ago

    Chicago, Illinois, United States KPMG Full time

    Associate Director, Tax Proposal OperationsKPMG is seeking an experienced Associate Director to lead our Tax Proposal Operations team. As a key member of our Global Mobility Services practice, you will be responsible for creating and maintaining proposal templates, leading Go-To-Market initiatives, and providing strategic guidance on service line-specific...

  • Corporate Finance Associate

    4 weeks ago

    Chicago, Illinois, United States RWE Clean Energy, LLC Full time

    Job Title: Associate, Corporate FinanceRWE Clean Energy, LLC is seeking a highly skilled Associate, Corporate Finance to join our team. As a key member of our Corporate Finance Team, you will play a critical role in overseeing treasury operations across all Operating Businesses in the Americas.Key Responsibilities:Cash & Liquidity Management: Assist with...

  • Family Service Case Manager

    1 week ago

    Chicago, Illinois, United States Lutheran Social Services of IL Full time

    Job Title: Family Service Case ManagerLutheran Social Services of Illinois (LSSI) is seeking a highly skilled and compassionate Family Service Case Manager to join our team. As a Family Service Case Manager, you will play a critical role in supporting children and families in need, providing them with the resources and services necessary to achieve stability...

  • Family Service Case Manager

    3 weeks ago

    Chicago, Illinois, United States Lutheran Social Services of IL Full time

    Job Title: Family Service Case ManagerLutheran Social Services of Illinois (LSSI) is a leading not-for-profit organization providing healing, justice, and wholeness to people and communities. We are seeking a highly skilled and compassionate Family Service Case Manager to join our team.Job Summary:The Family Service Case Manager will work with children and...

  • Financial Planning and Asset Management Associate

    1 month ago

    Chicago, Illinois, United States ACCIONA Energía Full time

    Job Title: Associate Financial Planning and Asset ManagementWe are seeking an experienced Associate, Financial Planning and Asset Management to join our team at ACCIONA Energía's US headquarters in Chicago, IL.This role will support and manage the development of financial plans, budgets, and forecasts, as well as prepare regular performance reporting and...

  • Customer Success Associate

    3 weeks ago

    Chicago, Illinois, United States YCharts Full time

    Job Title: Customer Success AssociateAt YCharts, we're seeking a highly motivated and detail-oriented Customer Success Associate to join our team. As a key member of our customer success team, you will be responsible for driving education and creating amazing content to grow and maintain relationships with our clients.Key Responsibilities:Assist customers'...

  • Customer Success Associate

    4 weeks ago

    Chicago, Illinois, United States YCharts Full time

    Job Title: Customer Success AssociateAt YCharts, we're seeking a highly motivated and detail-oriented Customer Success Associate to join our team. As a key member of our customer success team, you will be responsible for driving education and creating amazing content to grow and maintain relationships with our clients.Key Responsibilities:Assist customers'...

  • Associate Director of Health Services

    2 weeks ago

    Chicago, Illinois, United States Heartland Human Care Services Full time

    Job Title: Associate Director of Health ServicesHeartland Human Care Services (HHCS) is seeking a highly skilled and experienced Associate Director of Health Services to lead and coordinate medical services for our Youth Residential Services (YRS) programs.Key Responsibilities:Oversee medical care services for program participants with program staff and...

  • Associate Director, Claims Advocate

    1 month ago

    Chicago, Illinois, United States Aon Full time

    Job Title: Associate Director, Claims AdvocateAon is seeking an experienced Associate Director, Claims Advocate to join our Reinsurance team. As a key member of our team, you will be responsible for overseeing all claim activities of various reinsurance contracts, providing exceptional customer service, and working closely with the sales team to deliver...

  • Risk Management Associate

    4 weeks ago

    Chicago, Illinois, United States CME Group Full time

    Job Title: Stress Testing & Liquidity Risk Management AssociateCME Group is launching a new Securities Clearing House, which will initially launch clearing services for cash treasuries as well as Bilateral and Tri-party Repo.The Stress Testing & Liquidity Risk Management Associate is responsible for daily stress testing of market risk to ensure clearing...

  • Senior Legal Counsel, Asset Servicing

    4 days ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern TrustNorthern Trust is a globally recognized financial institution with a rich history dating back to 1889. As a Fortune 500 company, we provide innovative financial services and guidance to the world's most successful individuals, families, and institutions. Our commitment to service, expertise, and integrity has earned us a reputation as a...

  • Associate Director, Claims Advocate in Reinsurance

    4 weeks ago

    Chicago, Illinois, United States Aon Full time

    Job Title: Associate Director, Claims Advocate in ReinsuranceWe are seeking an experienced Associate Director, Claims Advocate in Reinsurance to join our team at Aon. As a key member of our reinsurance team, you will be responsible for overseeing all claim activities of various reinsurance contracts, providing exceptional customer service, and working...

  • Associate Director of Health Services

    4 weeks ago

    Chicago, Illinois, United States Heartland Human Care Services Full time

    Job SummaryWe are seeking an experienced Associate Director of Health Services to join our team at Heartland Human Care Services. The successful candidate will be responsible for developing and managing medical services coordination for youth residential services, ensuring compliance with funder and licensing requirements, and developing standard operating...

Collateral Services Associate

2 months ago

Chicago, Illinois, United States The Options Clearing Corporation Full time
Role Overview:

This position is not eligible for sponsorship.

Key Responsibilities:

Conduct precise transaction management and oversight in the domains of collateral, settlement, and securities lending, adhering to established OCC regulations, policies, and procedures. Engage with clearing members, financial institutions, and exchanges on a daily basis to enhance the efficiency of collateral processing, settlement, and securities lending operations. Execute audits pertaining to departmental activities and assist management in addressing requests from both internal and external audit bodies. Contribute to the drafting and evaluation of OCC policies and procedures. Provide mentorship and guidance to team members within Collateral Services.

Essential Duties:

To excel in this role, the individual must effectively manage the following duties:
  • Accurately oversee and process collateral, settlement, and securities lending transactions utilizing OCC's proprietary systems (such as Encore), along with various external banking systems and other depository platforms.
  • Evaluate collateral, settlement, and securities lending data through internal and external systems; present findings in a professional and informative manner to management and external stakeholders.
  • Engage daily with both internal and external participants (including co-workers, departments, clearing members, banks, and exchanges) by addressing inquiries and resolving issues.
  • Review relevant regulations, agreements, policies, and procedures, and conduct scheduled audits to ensure the integrity of collateral management.
  • Assist in the formulation and upkeep of OCC policies, Collateral Services procedures, and training materials by drafting, updating, and reviewing documentation.
  • Comply with OCC's established policies, procedures, and regulations.
  • Support various ad-hoc and corporate initiatives as directed by management.
  • Perform additional duties as assigned.
Supervisory Duties:
  • N/A
Qualifications:

The qualifications outlined are indicative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be provided to enable individuals with disabilities to fulfill the primary functions.
  • Strong oral and written communication abilities.
  • Exceptional customer service skills.
  • Problem-solving aptitude.
  • Capability to manage multiple tasks in a fast-paced environment.
  • Professional interaction with internal and external stakeholders (including co-workers, management, clearing members, banks, and exchanges).
  • Flexibility to cover various shifts and work overtime, including weekends if necessary.
Technical Proficiencies:
  • Proficient in Microsoft Word, PowerPoint, and Excel (including data management, formulas, pivot tables, macros, and lookup functions).
Education and Experience:
  • Bachelor's degree in Accounting, Finance, or a related field, or an equivalent combination of education and experience.
  • 1 - 3 years of relevant work experience preferred.
Certificates or Licenses:
  • None required.
About Us:

The Options Clearing Corporation (OCC) is the premier clearing organization for equity derivatives globally. Established in 1973, OCC is committed to fostering market stability and integrity by providing clearing and settlement services for options, futures, and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the oversight 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 serves over 100 clearing members and offers central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. For further information about OCC, please visit our website.

What We Provide:

A collaborative and supportive work environment designed to promote work-life balance and employee well-being. Key offerings include:

- A hybrid work model, allowing up to 2 days of remote work per week.
- Tuition reimbursement to support ongoing education.
- Student loan repayment assistance.
- Technology stipend to facilitate remote work connectivity.
- Generous paid time off and parental leave.
- Competitive health benefits, including medical, dental, and vision coverage.