Posted:
1/7/2026, 2:06:12 AM
Location(s):
Illinois, United States ⋅ Chicago, Illinois, United States
Experience Level(s):
Senior
Field(s):
Business & Strategy
Workplace Type:
Hybrid
Summary
Support the execution of strategic sourcing & business strategies in a collaborative team-based environment to achieve company goals. Work cross-functionally with key stakeholders to drive sourcing transactions with the goal of achieving significant initial cost reductions while maintaining/improving product quality and enhancing supplier service levels. This includes RFx development, facilitation, scorecard, analysis, vendor selection, negotiations and issue resolution.
Primary Duties and Responsibilities
Identify and evaluate procurement opportunities in alignment with strategic, operating and financial OCC objectives. Lead the negotiation and purchase of goods and services with a focus on the technology category. Partner with internal business clients to ensure that purchased goods and services meet their needs. Proactively seek ways to drive down total cost of ownership through competition and vendor relationships.
Execute projects against an approved plan and objectives to ensure that commitments are met by monitoring, assessing and resolving variances, timing or quality of work.
Negotiate agreements that deliver value to our stakeholders ensuring service, quality and added value maximizing the supplier’s capabilities
Drive ideas that will optimize year-over-year total cost of ownership
Lead the development and management of RFP, RFQ, and RFI
Maintain awareness of best practices in the marketplace and implement appropriate changes
Effectively leverage relevant third-party market intelligence sources.
Develop and maintain relationships with key stakeholders (stakeholders (IT, business, legal, TPRM, vendor management, finance, and vendors) to lead procurement activities.
Collaborate effectively across organization levels, functions and lines of business to realize procurement goals and objectives
Negotiate contractual agreements with consistent commercial terms satisfying regulatory requirements per OCC policy
Manage purchase order process to ensure timely delivery of all required IT items.
Supervisory Duties
None
Qualifications
[Required] 3 years of progressive experience in procurement, specifically in the technology space including contracting, sourcing and negotiations
[Required] Successful track record in a large procurement organization
[Required] Technology procurement experience (minimum 2 years)
[Required] Strong ability to build relationships at all levels
[Required] Excellent verbal and written communication skills
[Required] Strong problem solving and conceptual thinking abilities
[Required] Process driven with strong analytical acumen
[Required] Strong negotiation expertise with an understanding of key contracting concepts and legal terms
[Required] Ability to translate business requirements into agreements
[Required] Ability to lead cross-functional teams and reach consensus
[Required] Knowledge of financial analysis and management.
[Required] Knowledge of IT asset management.
Technical Skills
[Required] Proficient with Microsoft Office
[Required] ERP system experience
Education and/or Experience
[Required] Bachelor’s Degree or equivalent experience required; Supply Chain Management major preferred
[Required] 2+ years of progressive experience in procurement, specifically in the technology space including contracting, sourcing and negotiations
[Required] Successful track record in a large procurement organization
[Required] Technology procurement experience (minimum 2 years)
[Preferred] Supplier management and asset management experience
Certificates or Licenses
N/A
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:
Visit https://www.theocc.com/careers/thriving-together for more information.
Compensation
Salary Range
$73,700.00 - $100,300.00Incentive Range
6% to 10%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 and attach 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
Website: https://www.theocc.com/
Headquarter Location: Chicago, Illinois, United States
Employee Count: 1001-5000
Year Founded: 1973
IPO Status: Private
Industries: Finance ⋅ Financial Services ⋅ Property Management