Options Clearing Corporation – Terrible. Less than zero on a scale from 1-10. | Comparably

Options Clearing Corporation – Terrible. Less than zero on a scale from 1-10.

We promote stability and market integrity through effective and efficient clearance, settlement and risk management services while providing thought leadership and education to market participants and the public about the prudent use of products we clear. read more
EMPLOYEE
PARTICIPANTS
10
TOTAL
RATINGS
143
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Terrible. Less than zero on a scale from 1-10.

What needs to change to make the company culture better?

Better pay, less bureaucracy, more industry experts.

What would you improve about your company's interview process?

Get rid of the HR people involved. They have no clue.

Why do you feel undervalued and what would make you feel better about your compensation?

Recognize critical skills and expertise with compensation. Total rewards (and many other things here) are like socialist constructs and dont benefit individual contributors.

What do your coworkers need to improve and how could you work together better?

The QRM silo and power structure needs to be demolished. People here are nice but not necessarily talented to the level of fiduciary responsibility required of a technical derivatives market utility.

What's going wrong and how can it be improved?

1. Leadership needs to go. 2. Address the agency issue. The true customer is not represented here. Skin in the game for all leadership (personal investment). 3. ACCOUNTABILITY (currently near zero) 4. Get some integrity. 5. Risk based environment (for real). 6. Disband QRM to business units.

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