About the role#
The Market Risk team monitors the risk that clearing members bring to our clearing and settlement services. As a summer intern, you will support daily risk monitoring, develop Python tools, and learn how a clearinghouse manages risk. You will work on a defined project throughout the summer and present your findings to the team at the end of the term.
What you'll do#
- Learn how market risk is measured for the products we clear.
- Support the team in monitoring clearing member positions and collateral.
- Build or improve small Python scripts and reports using large data sets.
- Follow financial markets, including earnings and economic announcements, to understand their potential impact on member portfolios.
- Collaborate with colleagues on neighboring teams, such as Quantitative Risk and IT.
- Assist with research, data pulls, and documentation for ongoing projects.
- Present your summer project to the team.
What you'll need#
- Status as a rising senior or second-year graduate student, graduating in December 2027 or May/August 2028.
- Pursuing a degree in Finance, Computer Science, or Engineering (Computer, Electrical, Mechanical, Industrial, or Aerospace).
- Some experience with Python, whether through coursework or personal projects.
- Working knowledge of Excel, Word, and PowerPoint.
- Basic knowledge of statistics, securities markets, and options.
- Curiosity, strong communication skills, and the ability to manage your time and ask good questions.
- Comfort working on multiple tasks with guidance from your team.
Location & details#
- This is a full-time, paid internship for Summer 2027.
- The role is based in Chicago, Illinois.
- We operate under a hybrid work program. Employees are expected to work from the office at least 3 days per week, with Tuesday and Wednesday as mandatory anchor days.
About The Options Clearing Corporation (OCC)
The Options Clearing Corporation is an equity derivatives clearing organization. It provides clearing and settlement services for options, futures, and securities lending transactions. Based in Chicago, the firm operates as a Systemically Important Financial Market Utility. It serves over 100 clearing members and supports 21 exchanges and trading platforms.
How to get in at The Options Clearing Corporation (OCC)
Securing an internship at The Options Clearing Corporation requires speed because early applicants often have their resumes reviewed before the volume of candidates becomes unmanageable. Intern Insider sends an instant alert the moment a role matching your target is published, helping you apply among the first. This approach ensures your application reaches the team while they are still actively building their candidate pool. Reaching out to the right person is the next step to distinguish your profile from the general queue. Intern Insider surfaces the recruiters behind the company roles so you can reach out directly to ask about the position or a referral. Engaging with the recruiter directly often improves your response rates compared to submitting an application through a standard portal.
