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The Options Clearing Corporation

Engaged Employer

The Options Clearing Corporation reviews

2.3

20% would recommend to a friend

(341 total reviews)
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Andrej Bolkovic

7% approve of CEO

22% positive business outlook

The Options Clearing Corporation has an employee rating of 2.3 out of 5 stars, based on 341 company reviews on Glassdoor which indicates that most employees have an average working experience there. The The Options Clearing Corporation employee rating is 38% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

341 reviews
1.0
Jul 13, 2026

Need to Organize Better

Recommend
CEO approval
Business Outlook

Pros

There is nothing great to highlight about. Just okay company. Average benefits and work culture. Lot of technologies and complex business domain, so good for anyone who wants to learn ignoring cons.

Cons

Small company but with over 100 Project and Portfolio Management resources. Many come from non-technical backgrounds and just create chaos when they are actually expected to improve coordination. They have no clue of what's going around. Overall, processes are completely disorganized, it is a mess. The company's small size also means limited opportunities to move between teams. With few management layers, some promotions to Director and Executive Director happen quickly, sometimes without the necessary skills and capabilities. Attrition is high at all levels, including executives, with senior leaders leaving regularly. As a result, each new leader often introduces a different vision and direction, leading to frequent shifts in priorities and a lack of organizational stability. This is often labeled as "continuous transformation". Communication and collaboration need significant improvement. Lot of people are attention seekers rather than being productive so you would often find unproductive meetings. The culture has become increasingly political, with some leaders driving their own agendas. Compensation is okay, but they offer no stock options, making the overall package less competitive than many comparable companies.

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.

Viewing 1 - 3 of 341 Reviews

Glassdoor has 402 The Options Clearing Corporation reviews submitted anonymously by The Options Clearing Corporation employees. Read employee reviews and ratings on Glassdoor to decide if The Options Clearing Corporation is right for you.