Lead Associate Principal, IT Planning & Analytics

Company: Options Clearing Corporation
Location: Chicago
Posted on: May 4, 2025

Job Description:

PLEASE NOTE: THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIPWhat You'll Do:The Associate Principal, IT Planning & Analytics role is responsible for measuring and monitoring the financial performance of OCC's public cloud investments as well as maturing the IT Cost Transparency module in Apptio. This role ensures the efficient and cost-effective use of cloud resources by implementing cost management frameworks to support the organization's financial goals in cloud computing environments.A successful candidate will have a strong technology and financial management background and play a key role in the governance of technology budget planning and forecasting.Primary Duties and Responsibilities:To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.Prepare and analyze public cloud forecasts and budgets. Monitor and analyze public cloud financial performance and recommend strategies for optimization. Design, implement and monitor financial infrastructure metrics.Apply the FinOps framework to maximize the business value of the public cloud with coordination across business, engineering, and finance teams. Partner cross-functionally to plan and execute cloud optimization opportunities and comply with associated governance controls.Design, configure, validate, and maintain cloud transparency and total cost of ownership reporting.Model complex business problems, discover business insights, and identify opportunities using mining and visualization techniquesParticipates in review process to ensure overall budget/forecast consolidation and rationalization.Perform other duties as assignedSupervisory Responsibilities:NoneQualifications: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.Previous work experience in FinOps required with a strong background in Technology Business Management or IT Finance.Experience modeling cloud service costs requiredExperience financially modeling IT expenses such as application total cost of ownership (TCO) and business capability TCO. Preferred cost modeling experience would include data centers, network, end user compute, storage, virtual environments, application development, and IT operations.Previous work experience in a highly regulated, capital markets company preferredAbility to work efficiently and effectively with multiple levels of management and staff across the organizationHighly motivated individual that assumes ownership of their projects. Ability to provide solutions that meet the business objectives and deliver on time, on budget, with a high degree of qualityTechnical Skills:Experience with Apptio One, Cloudability, CloudHealth, or detailed IT cost models requiredStrong data transformation skills using MS Excel requiredExpert with numbers, above-average analytical skillsStrong analytical, problem solving and troubleshooting skills with the ability to exercise mature judgment.Ability to use mining and visualization techniques to spotlight insights and opportunitiesStrong communication and presentation skills requiredEducation and/or Experience:Bachelor's Degree in Information Systems, Business Management, Finance, or related fieldMBA or related graduate level course work a plusMinimum of 8 years of relevant work experienceCertificates or Licenses:FinOps Certification, AWS Certified Cloud Practitioner, or other cloud certifications preferredCertified TBM Executive (CTBME), Recognized TBMA (RTBMA), Elite TBMA (ETBMA) a plusAbout UsThe 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.What We OfferA 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 workTuition Reimbursement to support your continued educationStudent Loan Repayment AssistanceTechnology Stipend allowing you to use the device of your choice to connect to our network while working remotelyGenerous PTO and Parental leaveCompetitive health benefits including medical, dental and visionBenefitsA 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 workTuition Reimbursement to support your continued educationStudent Loan Repayment AssistanceTechnology Stipend allowing you to use the device of your choice to connect to our network while working remotelyGenerous PTO and Parental leave401k Employer MatchCompetitive health benefits including medical, dental and visionVisit https://www.theocc.com/careers/thriving-together for more information.CompensationThe 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/careersAll 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$126,600.00 - $171,100.00Incentive Range8% to 15%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 1When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.Step 2You will receive an email notification to confirm that we've received your application.Step 3If 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

Keywords: Options Clearing Corporation, Downers Grove , Lead Associate Principal, IT Planning & Analytics, Other , Chicago, Illinois