Tracy Raben is senior vice president and chief human resources officer at OCC. OCC is the world's largest equity derivatives clearing organization and the foundation for secure markets. She joined OCC in 2014. In her current role, Raben is responsible for overseeing human resources, which includes talent acquisition, compensation, benefits and HRIS, organizational and leadership development, talent management and employee engagement.
Before joining OCC, she served as chief human resources officer for Prospira Paincare, Inc., where she was responsible for leading the human resources function in all capacities including HR leadership, strategy, tactics and operational direction. She also held similar leadership positions as senior vice president, human resources at RehabCare, a division of Kindred Healthcare and vice president, human resources, global customer management at Siemens Healthcare Diagnostics, a division of Siemens AG.
Additionally, she has extensive experience in labor and employment law, having begun her career at a law firm as part of the ERISA practice supporting clients in the areas of employee benefits and tax matters.
Raben received her Bachelor of Arts in Labor and Employment Relations from Michigan State University and an MBA from Keller Graduate School of Management.
MarketsWiki Education, Chicago 2016
“We start with the business strategy, align that with the goals and objectives, then align the employees with the goals and objectives of the organization, to help everyone understand the big picture and your role in it, and ultimately how you are going to be evaluated, recognized and rewarded for your performance and contributions.”
From a full management makeover to a change in its capital structure to its recent designation as a systemically important financial market utility, OCC, the central clearing organization for the U.S. options markets, has undergone sweeping changes in the last few years. These changes have required OCC to aggressively ramp up its compliance, risk and systems departments.
The task has been quite a challenge for Tracy Raben, chief human resource officer, who is in charge of pulling together the right mix of people, developing talent and keeping employees aligned with the company vision. Oh, yeah. She also needs to help the team maintain a healthy work/life balance.
According to Raben, these are the components of a high-performance culture.
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