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Principal, Software Engineering: Java

The Options Clearing Corporation
parental leave, tuition reimbursement, 401(k), remote work
United States, Illinois, Chicago
125 South Franklin Street (Show on map)
Sep 22, 2025

What You'll Do:

This role will be part of a world class software development team on OCC's next generation clearing, settlement, and portfolio management system. In this role, you will create solutions to complex technical challenges while coding, testing, troubleshooting, debugging, and documenting the systems you develop.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

  • Provide expert knowledge building OCC's next generation clearing, settlement, and portfolio management system, and paving the future of digital transformation in the capital markets industry

  • Collaborating with others to deliver complex projects which may involve multiple systems

  • Continuously thinking about the next steps while improving yourself and others around you

  • Developing solutions to complex technical challenges while coding, testing, troubleshooting, debugging, and documenting the systems you develop

  • Recommending technologies and tools that improve the efficiency and quality of OCC's systems and development processes

  • Optimizing application performance through analysis, code refactoring, and system tuning

Supervisory Responsibilities

  • None

Qualifications & Experience

The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

  • [Required] 10+ year of experience in building high speed, data-centric solutions

  • [Required] Java 10+ years experience

  • [Required] Experience with high speed distributed computing frameworks like FLINK, Apache Spark, Kafka Streams, etc

  • [Required] Experience with distributed message brokers Kafka, RabbitMQ, ActiveMQ, Amazon Kinesis, etc. Kafka

  • [Required] Experience with cloud technologies and migrations. Experience preferred with AWS foundational services like VPCs, Security groups, EC2, RDS, S3 ACLs, KMS, AWS CLI and IAM etc

  • [Required] Experience developing and delivering technical solutions using public cloud service providers like Amazon, Google

  • [Required] Experience writing unit and integration tests with testing frameworks like Junit, Citrus

  • [Required] Experience working with various types of databases like Relational, NoSQL, Object-based, Graph

  • [Required] Experience following Git workflows

  • [Required] Working knowledge of DevOps tools. Eg Terraform, Ansible, Jenkins, Kubernetes, Helm and CI/CD pipeline etc

  • [Required] Familiarity with monitoring related tools and frameworks like Splunk, ElasticSearch, Prometheus, AppDynamics

Technical Skills & Background

  • [Required] Java-based software development experience

  • [Required] Experience with Flink, Kafka, and Kubernetes

  • [Required] Fluent in object-oriented design, industry best practices, software patterns, and architecture principles

  • [Required] Experience with continuous integration tools and techniques, automating processes, and writing scripts using Python and other languages

  • [Required] Deep understanding of performance issues and multi-threaded development

  • [Required] Proficient in the following types of testing: unit, integration, system, functional, non-functional, regression, performance, security, and acceptance

  • [Required] Experience working with five or more of the following: web/mobile application development, Unix/Linux environments, event-driven systems, transaction processing systems, distributed and parallel systems, large software system development, security software development, public-cloud platforms

  • [Required] Experience with continuous integration tools and techniques, automating processes, and writing scripts using Python and other languages

Certifications

  • [Preferred] OCP Java SE 8 Programmer Certification

  • [Preferred] AWS Certified Solutions Architect - Associate Level

Education & Training

  • [Required] BS degree in Computer Science, similar technical field required

  • [Preferred] MS in Computer Science

About Us

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction 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 has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

Benefits

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

  • 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

Visit https://www.theocc.com/careers/thriving-together for more information.

Compensation

  • The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education.
  • In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.
  • We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers
  • All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.

Salary Range

$169,100.00 - $280,800.00

Incentive Range

23% to 30%

This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application andattach your resume.

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

For more information about OCC, please click here.

OCC is an Equal Opportunity Employer

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