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Manager, Database Administration

$130.4k - $185.3k

Options Clearing Corporation

Database Administrator

This role manages day to day activities of database administration staff in support of all databases for projects and production. Provides data management guidance to project teams and business users to ensure data integrity and recoverability.

Primary Duties and Responsibilities:

  • Manages the availability and usability of corporate databases in accordance with requirements
  • Manages database department efforts in support of project teams, review and approve proposed changes by project teams to the logical database design and approve changes to Corporation's databases
  • Provides timely support to all production databases
  • Manages activities with other departments (e.g. information technology, unix administration, technical support, production automation, project office, etc.)
  • Assign personnel to projects and direct their activities
  • Contribute to decisions on personnel actions (hiring, promotions, terminations, etc.)
  • Confer with and advise subordinates on administrative policies and procedures, technical problems, priorities and methods
  • Prepare and monitor progress to satisfy employee career goals
  • Decide, schedule, and ensure funding for employee training classes, conferences and seminars
  • Review and evaluate work of staff and prepare periodic performance reports
  • Effectively participate as a member of Production Division management team
  • Maintain a high level of leadership and management
  • Develop, publish and maintain a department assessment consisting of Departmental Mission/Function, Performance Standards, Goals and Objectives, Strengths and Weaknesses
  • Develop and communicate a challenging, clear and measurable Performance Review for each in-line management staff member; assist in the development, review and approval of clear and measurable Performance Review and Employee Development Plans for all staff members and provide regular and constructive feedback regarding the achievements of expectations
  • Hold regular staff meetings to keep employees informed regarding relevant industry, corporate, departmental issues, projects and concerns; support staff decisions and give recognition of accomplishments; and encourage cooperation, collaboration and teamwork within staff and team members
  • Provide a work environment conducive to challenging, motivating and retaining employees
  • Promote staff mobility and career path planning
  • Initiate, manage and participate in corporate projects or departmental initiatives
  • Provide monthly status of achievement reports on departmental objectives and corporate project deliverables
  • Maintain a current skills/knowledge/ability inventory for each employee and utilize to assign tasks that achieve project goals while promoting growth and development of staff
  • Develop, manage, monitor and revise annual departmental operating budget in accordance with Accounting guidelines

Supervisory Responsibilities:

  • Manages a team

Qualifications:

  • [Required] Broad knowledge of different SQL databases such as DB2, Sybase, Informix, SQL Server, EDB and Postgres SQL
  • [Required] In-depth knowledge of how database department fits into development lifecycle
  • [Required] Excellent communication skills, analytical abilities, strong judgement and management skills, and ability to work with customers, managers and staff
  • [Required] Experience with Microsoft Office desktop tools (Project, Word, Excel)

Technical Skills:

  • [Required] Experience with multiple database management system technologies across two or more operating systems
  • [Required] Excellent understanding of database design and documentation tools

Education and/or Experience:

  • [Required] Bachelor's degree (or equivalent) in Computer Science or a related discipline
  • [Required] 3+ years of managing all areas of a database group
  • [Required] 7+ experience in database and data administration

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

Benefits:

  • 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

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
  • 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: $130,400.00 - $185,300.00

Incentive Range: 8% to 15%

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.

Vacancy posted 1 day ago
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