Top Finance Jobs in Chicago, IL

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 stress testing and liquidity risk management by preparing daily and monthly exposure reports, building product analytics, automating alerts, analyzing clearing member exposures, and refactoring reports for OCC’s new clearing and risk system. The intern works with large datasets and tools including Tableau, Alteryx, Python, R, and SQL while supporting regulatory reporting and senior management review.

Support pricing, market-data integrity, and margin/haircut programs for cleared products. Analyze valuations, reconcile model outputs, manage vendor data, administer SEC/CFTC margin programs, lead process improvements, support system development, and serve as SME for regulatory programs while mentoring junior staff and interacting with Clearing Members and regulators.