employer cover photo
employer logo
employer logo

The Options Clearing Corporation

Engaged Employer

Don’t recommend, find somewhere else. - Principal The Options Clearing Corporation Employee Review

2.0
Jun 17, 2026
Recommend
CEO approval
Business Outlook

Pros

The paycheck clears the bank account.

Cons

It’s a sinking ship. You thought it couldn’t get worse but it keeps going down. Good people leave and the ones who remain are people who are incompetent and/or don’t take accountability. C suite avoid any accountability and if you get close enough you’ll see their disdain for their workers. The way they talk about the employees is cringy. There’s a leadership vacuum at the top and they blame middle and lower managers.

Explore other reviews about The Options Clearing Corporation

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Recent changes have brought the company back into alignment with security focused posture. Interim CISO under Ben Le has been a breath of fresh air and as we continue to return to security first as our mission and move into a better posture, the morale has significantly improved. Ben has steadied the ship, put more trust in our executive leaders, and given them significantly more of a voice in our concerns. Since the change was made to move the former CISO, a lot of our senior leaders on the security side seem to have been revitalized, less are looking to leave, and all are rallying behind Ben Le who was trained by industry stalwart and legend Mark Morrison.

Cons

Currently, things are moving in the right direction. Our departure from security as a primary function will take some time to gain full re-alignment.

1.0
Jul 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Good benefits and nice offices.

Cons

IT has been been mismanaged for many years. The project (Renaissance) to "modernize" the clearing and risk systems was started 8 years ago, with the purchase of a clearing system which has not yet been installed in production. The "go-live" date for the Renaissance project is next year, but that is highly unlikely, as the system is very unstable and IT does not have the resources to support it in production. If you are an IT professional, this situation is one that you want to avoid at all costs. The company is extremely bloated, and outside of IT it's heavy bureaucracy, where most people do not contribute meaningfully to Renaissance going live.

2
See reviews by: Helpful|Rating|Date|All