Principal, AI Governance

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. Any resume submitted outside of an active job posting will not be considered for employment.

What You'll Do:

The Principal, AI Governance is a senior individual contributor responsible for establishing and driving the enterprise AI governance framework across the organization. This role serves as the internal authority on responsible AI practices, policy, risk, and data governance, partnering closely with Technology, Risk, Compliance, Legal, Data, and business leaders to ensure AI systems are developed and deployed in a transparent, ethical, and compliant manner.

Primary Duties and Responsibilities:

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

• Design, own, and continuously evolve the enterprise AI governance framework, including policies, standards, and controls for AI development, deployment, and monitoring.

• Serve as the subject matter expert on AI risk, ethics, explainability, and regulatory compliance, providing guidance across business and technology teams.

• Extend and align existing data governance practices to cover AI-specific requirements, ensuring data quality, lineage, classification, and usage controls are embedded into AI workflows and model development processes.

• Establish and maintain a centralized AI use case inventory, ensuring appropriate risk classification, approval workflows, and oversight across all AI initiatives.

• Define and enforce guardrails to ensure responsible and compliant use of AI and data across the organization.

• Partner with Security, IT, and Compliance teams to implement monitoring and enforcement mechanisms, including detection and remediation of policy violations.

• Incorporate AI risk into the enterprise risk taxonomy and maintain an AI risk register, ensuring visibility into AI-related risk exposure across the organization.

• Conduct risk assessments for new and existing AI solutions, including pre-implementation reviews of vendor AI tools in partnership with Third-Party Risk Management.

• Coordinate with the AI Product Management and AI Engineering groups on employee awareness initiatives, training programs, and development of practical guidance and templates for safe and responsible AI use across the organization.

• Coordinate cross-functional governance bodies and working groups, driving alignment on AI policy, use case decisions, and governance priorities.

• Monitor the external landscape - regulatory changes, industry frameworks, and peer practices - and proactively incorporate relevant developments into the internal program.

Supervisory Responsibilities:

• None

Qualifications:

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.

• 10+ years of experience across data, data governance, risk management, technology governance, or compliance, with at least 4 years focused on AI/ML.

• Hands-on experience in data governance is required, including data quality, metadata management, data lineage, and data classification.

• Deep understanding of the AI/ML lifecycle, including model development, validation, deployment, and monitoring.

• Strong knowledge of AI regulatory and ethics frameworks such as NIST AI RMF.

• Experience operating in a regulated industry, with financial services strongly preferred.

• Demonstrated ability to translate complex technical and regulatory concepts into clear policies and practical guidance.

• Excellent communication and influencing skills, with the ability to engage effectively at both technical and executive levels.

• Experience with privacy regulations and their intersection with AI and data governance.

Technical Skills:

• Proficient with SQL

• Proficient with Microsoft Office desktop tools (Word, Excel, etc.)

• Database experience a plus (e.g., Oracle, SQL Server, DB2)

Education and/or Experience:

• 10+ years of experience across data, data governance, risk management, technology governance, or compliance, with at least 4 years focused on AI/ML.

• Experience operating in a regulated industry required; financial services strongly preferred.

Certificates or Licenses:

• None required.

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

Incentive Range

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