The Options Clearing Corporation
Principal, Software Engineering: Java
Chicago - 125 S Franklin · Principal
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odds of building a lasting career here
Sponsors, but it's cap-subject — you still face the weighted lottery (~61% per draw at Level IV). Good if you win; have a cap-exempt backup on your list.
Lottery odds assume a STEM candidate.
Personalize to your clock →H-1B wage level
the lottery is wage-weighted — each level is one more entry
This range already reaches Level IV — the maximum four lottery entries.
DOL prevailing wage, 2026-27 wage year · Software Developers (15-1252) · Chicago-Naperville-Elgin, IL-IN. Wage level is derived by USCIS from the offered wage, occupation and worksite; the occupation shown is inferred from the job title.
Employer immigration record
from this employer's Department of Labor filings
Green-card filing pattern in this occupation
Green-card follow-through: 85%
Files H-1B transfers
Sourced from Department of Labor LCA, PERM and prevailing-wage disclosure data. Employer matching is by name, so figures may be split across an employer's legal entities. Absence of a filing means none appears in our copy of the data, not that none exists.
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About the role
- 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.
Responsibilities
- Help build a stronger team to support in-house development as the vendor engagement comes to an end.
- Technically collaborating with other leads to figure out complex project solutions involving multiple systems
- This software must achieve a blend of data-rich presentation, performance, user experience, and the capacity to support the busiest trading days in the world economy with rock-solid reliability.
Requirements
- The requirements listed are representative of the knowledge, skill, and/or ability required.
- [Required] 15+ years of software development experience
- [Required] 10+ years of experience in Java based applications
- [Required] 4+ years of experience with cloud and DevOps (AWS, EKS, Kubernetes, Docker, Rancher, Harness)
- [Required] 4+ years of experience with CICD (Jenkins, JIRA, GIT)
- [Required] 2+ years of experience with distributed applications
- [Required] 2+ years of experience in JavaScript framework application development
- [Required] Experience with technically leading teams
- [Required] Experience with Relational and non-relational DB
- Experience with Logging / monitoring frameworks and tools
- Understanding of IAM and secure coding practices (OWASP, Sysdig, Black Duck, Veracode)
- 'Get stuff done' and flexible mindset for greater good of the organization
- Intellectually curious and eager to learn
Skills
- [Required] Java based software development experience
- [Required] Web application development experience
- Understanding of trouble shooting performance issues and multi-threaded development
- Education and/or Experience:
- BS degree in Computer Science, similar technical field required
- Masters preferred
- Certificates or Licenses:
- None
- The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization.
- More information about OCC is available at www.theocc.com.
- A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness.
- Some of these components include:
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
- $172,700.00 - $286,800.00
- Incentive Range
Benefits
- Tuition Reimbursement to support your continued education
- Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
- Generous PTO and Parental leave
- Competitive health benefits including medical, dental and vision
Company info
- 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.
- OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms.
- 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.
Equal opportunity
- OCC is an Equal Opportunity Employer
This listing is sourced directly from The Options Clearing Corporation's careers page and normalized into a canonical job model.