Jobs at The Options Clearing Corporation (OCC)

Supports the Enterprise Project Management Office with project intake, coordination, timeline and milestone tracking, risk and issue logs, status reports, dashboards, meeting documentation, governance compliance, and audit or regulatory documentation. Works under project and portfolio managers across business areas while developing foundational Waterfall, Agile, and PMO governance skills.

Supports the Diversity, Equity and Inclusion team through workflow documentation, process improvement, employee networking group administration, inclusive communications, and community impact initiatives. The intern will identify opportunities to reduce manual work, help develop newsletters and storytelling campaigns, assist nonprofit partnerships, and explore AI solutions. The role is a 12-week hybrid summer internship for actively enrolled undergraduate or graduate students.

Leads transformation and change communications while advising business leaders across a regulated organization. Develops internal communication plans, toolkits, FAQs, talking points, content calendars, and engagement strategies. Coordinates communications disciplines, manages stakeholder feedback, supports strategic partnerships, and translates enterprise strategy into audience-relevant messaging. The role also measures communications effectiveness and provides actionable recommendations.

Direct quantitative risk management for margin, clearing fund, stress testing, pricing, and derivatives models. Lead model development, validation remediation, performance monitoring, backtesting, volatility simulation enhancements, and new product assessments. Manage financial engineers and model developers, partner with technology, compliance, and validation teams, support production implementation, and present technical findings to leadership and regulators.

Supports Cyber Defense activities including reviewing workflows for automation opportunities, assisting with security monitoring and analysis, and helping integrate security tools. The intern will gain exposure to cyber defense operations, incident response, and security technology while contributing to process improvement and technical reporting. This is a 12-week seasonal summer internship in a hybrid Chicago work environment.

Provides technical leadership for enterprise SaaS and low-code platforms, including planning, implementation, integration, testing, administration, security, performance, and compliance. Maintains Atlassian tools such as Confluence, Jira, and SpiraTest; supports knowledge management; documents solutions; facilitates training; coaches team members; and drives platform improvements. Requires expertise in Atlassian implementations, cloud technologies, SDLC practices, REST APIs, and system administration.

Develop and configure solutions in the Archer platform supporting Controls Assurance and Risk Management. Assess the current state of PolicyTech and Apparity, document GRC tools, and apply knowledge of software development, change management, system administration, quality assurance, databases, workflow automation, governance, access control, debugging, performance tuning, and requirements documentation.

Supports OCC’s Legal department through ad hoc projects, legal research, analysis, writing, and presentation development. The intern may work on regulatory, commercial, litigation, and corporate governance matters while assisting attorneys with legal processes and advice for OCC stakeholders. This is a 12-week seasonal summer internship for currently enrolled undergraduate or graduate students, specifically law students who have completed one or two years of law school.

Supports the Enterprise Project Management Office through project phase-gate compliance reviews, work request queue maintenance, project tool updates, schedule and change-request support, and analysis of EPMO control data. The intern reviews dashboards, assigns tickets, analyzes metrics such as time in status and escalations, and assists with ad hoc activities. This is a 12-week hybrid summer internship for enrolled undergraduate or graduate students.

Supports quantitative risk management through development, testing, monitoring, and improvement of financial risk models used for margin, clearing fund sizing, and stress testing. Projects may include evaluating model assumptions, creating sensitivity metrics, researching advanced methodologies for equity price and volatility modeling, and improving Python code libraries. The intern collaborates with quantitative researchers, model validation teams, technology staff, and business stakeholders.

Supports quantitative risk management through model specification, impact analysis, P&L decomposition, backtesting exceedance attribution, performance monitoring, annual validation, and parameter review. The intern works with quantitative analysts on model development, monitoring, and research involving derivatives, stochastic calculus, statistics, econometrics, machine learning, and financial risk models.

Supports quantitative risk model performance monitoring through portfolio backtesting, metric implementation, documentation, analytics, and automation. Develops Python and Pandas scripts, writes SQL queries, assists with data analysis and visualization, participates in code reviews, and supports monitoring enhancements for new products and regulatory governance activities.

Supports internal audit and validation engagements through audit planning, fieldwork, control testing, process walkthrough documentation, findings documentation, and reporting. The intern reviews business-provided support, participates in meetings, and coordinates with engagement leads and supervisors. Assignments may cover cybersecurity and information technology audit areas.

Supports HRIS and people analytics projects, including Workday report standardization, data dictionary development, employee lifecycle mapping, HR metrics documentation, Hub optimization, report consolidation, and employee data administration. Collaborates with HR stakeholders while managing multiple projects and identifying process and data improvements.

Supports internal audit and validation engagements involving financial risk management and model risk management. Responsibilities include audit planning, fieldwork, control testing, process walkthrough documentation, assessing control design and operating effectiveness, documenting findings, reviewing business support, attending meetings, and coordinating with engagement leads and supervisors.

Seasonal intern supporting Model Risk Management by analyzing risk themes with statistical, econometric, and machine-learning methods; automating discrepancy and root-cause reporting; reviewing model remediation; and evaluating option implied-volatility modeling. The role requires financial mathematics knowledge, programming in R or Python, data analysis, and familiarity with derivatives pricing, stochastic calculus, statistics, probability, and linear algebra.

Supports Internal Audit engagements and validation work through audit planning, fieldwork, control testing, process walkthrough documentation, and reporting. Reviews business-provided evidence, documents control design and operating effectiveness, participates in meetings, coordinates with engagement leads and supervisors, and records findings or recommended enhancements. The internship is a 12-week hybrid summer program for enrolled undergraduate or graduate students pursuing accounting, finance, or a related field.

Year-round data platform intern supporting cloud-based data processing and data access services. Responsibilities include writing SQL, troubleshooting, documenting requirements, participating in Agile sprint reviews, collaborating with business and technical teams, and using technologies such as Python, Java, Kubernetes, Kafka, and AWS. The intern will also learn DevOps, monitoring, distributed systems, and AI-assisted development practices in a regulated financial-services environment.

Supports AWS cloud security guardrails, IAM controls, Open Policy Agent policies, governance automation, and FinOps tooling. Responsibilities include building monitoring and remediation tools, developing cost anomaly detection and cleanup automation, creating financial operations dashboards, and contributing to policy-as-code and tagging or chargeback solutions. The intern works on real platform engineering backlog items while developing cloud security and cost management expertise.

Supports UX and customer experience research for internal and external technology services. Responsibilities include conducting interviews and surveys, synthesizing findings, supporting journey mapping and service blueprint workshops, maintaining listening posts, updating dashboards, assisting with usability testing and design feedback, and managing Jira backlogs and project documentation.