OCC

Financial Services

Associate,CollateralServices

$59–78k Chicago, Illinois, United States FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Associate, Collateral Services at OCC. Skills: Collateral services, Settlement, Stock loan. Monitor collateral activity. Process collateral activity”

Industry & Context.

Financial Services
Problems you'll solve

Problem solving

Eligibility Requirements

Work overtime, Work weekends, Cover various shifts

What They're Looking For.

Must Have

1 – 3 years of related work experience

Nice to Have

Bachelor’s degree in Accounting, Finance, or a related discipline or an equivalent combination of education and or experience

What You'll Do.

Monitor collateral activity

Process collateral activity

Monitor settlement activity

Process settlement activity

Monitor stock loan activity

Process stock loan activity

Interact with clearing members

Interact with exchanges

Optimize collateral processing

Optimize settlement processing

Optimize stock loan processing

Assist in responding to audits

Assist in writing policies

Assist in reviewing policies

Assist in writing procedures

Assist in reviewing procedures

Provide training to staff

Provide leadership to staff

Analyze collateral data

Analyze settlement data

Analyze stock loan data

Present results to management

Present results to external parties

Review applicable rules

Review applicable agreements

Review applicable policies

Review applicable procedures

Perform scheduled audits

Ensure integrity of collateral

Develop training guides

Maintain training guides

Assist in ad-hoc projects

Assist in corporate projects

How You'll Work.

Team & Collaboration

Internal participants; External participants; Clearing members; Banks; Exchanges

Communication Scope

Oral communication; Written communication

Full Job Description

# *******THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP******* _ **To be considered for this position, applications and resumes are accepted only through our careers site by directly applying to the posted job. We do not accept unsolicited resumes or sales solicitations from staffing agencies. Any OCC employee wishing to submit a referral must do so through their Workday account. Any resume submitted outside of an active job posting will not be considered for employment.**_ **What You 'll Do** Perform accurate transaction processing and activity monitoring in the areas of collateral, settlement and stock loan in accordance with OCC rules, policies and procedures. Interact with clearing members, banks and exchanges daily to help optimize the processing of collateral, settlement, and stock loan. Perform audits related to department functions and assist management in responding to internal and external audits requests. Assist in the writing and reviewing of OCC policies and procedures. Provide training and leadership to Collateral Services staff members. **Primary Duties and Responsibilities:** To perform this job successfully, an individual must be able to perform each primary duty satisfactorily. * 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 Ser

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