About the role#
As a Counterparty Credit Risk Intern, you will gain exposure to how DTCC assesses and monitors the credit risk profile of member firms, treasury investment counterparties, and other critical third parties. You will support the team in evaluating the financial stability and creditworthiness of these firms by reviewing financial statements, regulatory filings, and macroeconomic trends. This is a 10-week summer experience that includes training, mentorship, and project work.
What you'll do#
- Assist with annual credit reviews by gathering and reviewing financial statements and regulatory filings.
- Support ongoing surveillance of monthly and quarterly financial data and market developments.
- Maintain and update tools and trackers, including the credit risk rating matrix model.
- Analyze team procedures to identify opportunities to streamline processes and support automation.
- Participate in team meetings, research efforts, and cross-functional initiatives.
What you'll need#
- Currently pursuing a bachelor’s or master’s degree in Business Administration, Economics, Finance, or Accounting.
- Expected graduation date of Spring 2028.
- Minimum GPA of 3.2.
- Ability to work in the United States without sponsorship.
Location & details#
- Location: Jersey City, New Jersey.
- Term: Summer 2027.
- Work Modality: Hybrid (3 days in office, 2 days remote).
- This is a paid, full-time internship.
About The Depository Trust & Clearing Corporation (DTCC)
The Depository Trust & Clearing Corporation is a privately held financial services firm established in 1973 and headquartered in Jersey City, New Jersey. With a workforce of 5,001 to 10,000 employees, the organization provides post-trade market infrastructure by centralizing, automating, and standardizing transaction processing for global financial markets. It serves a client base that includes asset managers, custodian banks, and broker-dealers through services such as clearing, settlement, asset servicing, and trade reporting. The company operates from 21 locations worldwide to manage data services and risk mitigation across various asset classes.
