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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
Jun 18, 2026

Incompetent and Nepotistic Place

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

None. Stay away from this place if you like your career

Cons

This place is less a company and more a carefully curated club for a very specific in‑group. If you are part of that inner circle, doors mysteriously open. If you are not, prepare to enjoy the view from the sidelines indefinitely. Merit, performance, or competence are optional; the right connections and background seem to matter far more than anything you actually deliver. My manager is the perfect mascot for this culture. He works long hours, sure, but apparently believes that also makes him the sole intelligent life form in the building. Everyone else is either “not good enough” or “doesn’t get it.” Genuine feedback, encouragement, or recognition are rarer than production‑ready releases. The only “career strategy” that seems to work is mastering the fine art of flattery in all directions, up and down the org chart. Day‑to‑day life feels like being managed as if you’re a child. Every task is micromanaged, every decision second‑guessed, and independent thought is more a liability than an asset. People don’t get ahead by solving problems; they get ahead by staying in line and agreeing loudly enough with whatever comes from above. It’s an endless feedback loop of ego and obedience. The technology landscape is equally inspiring—if you’re nostalgic for the past. Critical systems and tools are so outdated that even basic requests take ages to process. Something as simple as a standard software installation can drag on for weeks or months, passed from one team to another as everyone avoids owning anything. There is a “modernization” program called Ovation, but at the pace it’s moving, the rest of the world will have modernized twice before this thing lands. Accountability is almost nonexistent. Work is constantly shuffled around, responsibilities are blurred by design, and when something slips, the default move is to point in every direction except the mirror. The result is a culture where good people burn out, mediocre performance is quietly accepted, and the few who do try to raise standards either leave or get sidelined. If you value genuine meritocracy, modern tech, transparency, and leaders who can handle independent thinkers without feeling threatened, this environment will feel suffocating. If, however, you’re looking for a masterclass in favoritism, outdated systems, and ego‑driven management, you’ve come to the right place. Advice to potential candidates: Unless you specifically enjoy politics over performance, and flattery over actual work, stay far away from this place.

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.

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.

Viewing 4 - 6 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.