Intern - Enterprise Risk Management
All OCC employees are required to disclose their COVID-19 vaccination status to OCC’s Human Resources department, and provide acceptable proof of vaccination status, as applicable. In addition, OCC requires employees who enter one of its offices to be fully vaccinated against COVID-19 or submit to regular testing as a condition of employment, subject to reasonable accommodation.
About OCC:
A World Class Clearing Organization
OCC is the largest equity derivatives clearing organization in the world. We provide central counterparty clearing and settlement services for equity options, futures, options on futures, and securities lending transactions. We serve approximately 115 clearing members and 15 exchanges including CBOE, Nasdaq, and NYSE.
OCC is building a culture that empowers continued learning, authentic innovation, and constant creativity.
About the Intern Program:
OCC is looking for interns who are hungry for the chance to learn more, humble enough to admit they don’t know all the answers, and smart enough to recognize the opportunity. The OCC Internship Program provides students with the real-world skills to successfully transition into a career in the financial services industry. As an intern, you will help lead projects that help shape the future of OCC. This person will apply their skill-set and knowledge toward tackling designated projects. This an exciting opportunity to have a true impact on the company by designing and implementing solutions for real challenges facing the business. Here’s what we’re looking for:
Projects and Responsibilities:
- Risk Acceptance Revamp and project management – Align all open ERM responsible RAs existing risks and procedures, monitor and facilitate RA renewals and/or closures
- Risk Event monitoring – Review historical risk events for trend analysis and maintain tracker for new risk events, especially those requiring a post-mortem/root cause analysis
- Risk Calculations Enhancement project – assist in updating the templates for Scorecards and working group files
- Perform current state assessment of Risk Acceptance process to assess the maturity of the process and identify pain points/challenges which will lead to recommendations and enhancements.
Candidate Qualifications:
- Analytics – Tableau and Excel Marcos would be a plus
- Business, IT/Security, and/or Financial Majors
What knowledge and skills will the intern gain from this internship?
- Risk Management Framework, specifically focused on risk acceptance and mitigation
- OCC – Options background and SIFMU responsibilities
- Tableau, Archer GRC, and other OCC systems experience