Summer Intern - Market Risk

To be considered for this position, applications and resumes are accepted only through our careers site by directly applying to the posted job. We do not accept unsolicited resumes or sales solicitations from staffing agencies. Any OCC employee wishing to submit a referral must do so through their Workday account. Any resume submitted outside of an active job posting will not be considered for employment. ***INTERNS AND SEASONAL INTERNS ARE ELIGIBLE ONLY FOR PAID SICK LEAVE ACCRUED BASED ON HOURS WORKED. NO OTHER BENEFIT INCLUDING TECHNOLOGY STIPEND APPLY TO INTERNS OR SEASONAL INTERNS*** Hybrid Work Program OCC operates under a Hybrid Work Program which, absent an approved exception, requires employees to work from an OCC office at least 3 days per week. To maximize in–person collaboration, Tuesday and Wednesday are considered anchor days, and all employees are expected to work in the office both days. Employees meeting performance expectations are generally permitted to select 2 other days per week to work remotely if desired. When working remotely, employees are generally expected to work from the state in which they reside, absent an exception approved by Human Resources. Additionally, OCC generally does not permit employees to work while traveling internationally. About OCCThe Options Clearing Corporation (OCC) is the world’s largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 21 exchanges and trading platforms. OCC also provides free and engaging educational resources about the benefits and risks of options through its Options Industry Council (OIC). OCC is building a culture that empowers continued learning, authentic innovation, and constant creativity. About the Intern ProgramOCC is looking for interns who are eager to learn, humble enough to ask questions, and ready to think critically about complex problems. The OCC Internship Program equips students with the real‑world skills needed to transition successfully into a career in financial services. As an intern, you will contribute to meaningful projects, applying your skills and knowledge to real challenges facing the business. Your time with us is a real opportunity to make a genuine impact on the future of OCC! OCC’s Summer Internship Program is a 12‑week opportunity running either May through August or June through September, and is open to undergraduate and graduate students who are actively enrolled at a college or university. Interns work up to 40 hours per week in a hybrid work environment, and overtime is not permitted. About the Team & RoleThe Market Risk team monitors the risk that clearing members bring to OCC’s clearing and settlement services. As a summer intern, you’ll support the team’s daily market risk monitoring, help build Python reports and tools, and learn how a clearinghouse manages risk. You’ll work on a defined project and present your findings to the team at the end of the summer. Job Summary & ResponsibilitiesLearn how market risk is measured for the products OCC clears (equities, futures, options, and government securities) Support the team in monitoring clearing member positions and collateral, using OCC’s risk methodologies such as stress testing Build or improve small Python scripts and reports using large data sets Follow financial markets, including earnings and economic announcements, and share how they could affect member portfolios Collaborate with colleagues on neighboring teams, such as Quantitative Risk and IT Help with research, data pulls, and documentation for ongoing projects Present your summer project to the team Candidate QualificationsRising senior or second-year graduate student, graduating December 2027 or May/August 2028. Desired Majors Finance, Computer Science, Engineering Desired Some experience with Python (coursework or personal project) Working knowledge of Excel, Word, and PowerPoint