Options Clearing Corporation

www.theocc.com
Profile Unclaimed

Options Clearing Corporation Reviews

20 Reviews
3.4
20 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Michael McClain
0 Ratings
  •  

    Options Clearing Corporation in Chicago with secondary office in Fort Worth. Non profit company with no competitors.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Worker in Fort Worth, TX
    Current Employee - IT Worker in Fort Worth, TX

    I have been working at Options Clearing Corporation full-time (more than 5 years)

    Pros

    IT is heart of company that pushes trading option orders through the pipes. Consistent bonus program and easy to trade comp days for off hours work. Bread and butter are stable and proven applications that settle the options. For this year, full employer paid medical insurance, but, talks that will end soon.

    Cons

    Nonprofit model and no real product distracts team motivation. Strict remote work policies unless it's an off hours emergency and the company needs you. Fort Worth office needs updating.

    Advice to ManagementAdvice

    Stop reducing worker benefits
    Do reduce rate of changes affecting IT work processes
    Somehow show there's a product that everyone is contributing to

    Recommends
    Neutral Outlook
    No opinion of CEO

Options Clearing Corporation Interviews

Updated Oct 8, 2014
Updated Oct 8, 2014

Interview Experience

Interview Experience

100%
0%
0%

Getting an Interview

Getting an Interview

55%
44%

Interview Difficulty

3.0
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Treasury Specialist Interview

    Anonymous Employee
    Anonymous Employee
    Application Details

    I applied online. The process took 2 weeksinterviewed at Options Clearing Corporation in September 2014.

    Interview Details

    After a short call with HR I was invited for an in person interview with the hiring manager. The interview was very casual, mostly dealing with my past experience and background. Nothing unexpected or difficult.

    No Offer
    Positive Experience
    Average Interview

Options Clearing Corporation Awards & Accolades

Let us know if we're missing any workplace or industry recognition – Add an award

Additional Info

Unlock Profile
Website www.theocc.com
Headquarters Chicago, IL
Size 150 to 499 Employees
Founded 1973
Type Company - Private
Industry Finance
Revenue $100 to $500 million (USD) per year
Competitors Unknown

The Options Clearing Corporation (OCC) is one of the world's largest equity derivatives clearinghouse. The corporation clears transactions for call and put options on equities, stock indicies, foreign currencies, and interest rate products. It also performs clearing and settlement services on futures, options on futures, and securities lending transactions. The OCC serves some 130 members, including broker-dealers, US futures commission merchants, and foreign securities firms. It handles nearly four billion transactions annually. Participating exchanges include Chicago... More

Work at Options Clearing Corporation? Share Your Experiences

Options Clearing Corporation

 
Click to Rate
or