Hybrid Paid Summer Credit Risk Intern

The Options Clearing Corporation; Chicago (IL); Hybrid; USD 27,552,000 - 41,328,000; Full time

Benefits offered by this job

Hybrid Work Program

Paid sick leave

Job summary

The Options Clearing Corporation (OCC) invites applications for its Summer Internship Program in Credit Risk Management (CRM). Interns work with CRM staff to support onboarding, risk analysis, and reporting, gaining hands-on exposure to a live counterparty risk function.

Open to undergraduate and graduate students active at a college or university, the 12-week program runs May through August or June through September, with a hybrid work environment and up to 40 hours per week.

Qualifications

• Rising senior or second-year graduate student, graduating December 2027 or May/August 2028.
• Bachelor's degree: preferably in Finance, Economics, Accounting, Risk Management, or a computational & quantitative major.

Responsibilities

• Supporting due diligence and financial statement analysis for Clearing Member or bank on-boarding applications.
• Assisting with Watch Level surveillance: pulling and reviewing financial/operational data to help identify emerging risk trends.
• Helping prepare materials for Clearing Member risk examinations (questionnaires, document requests, findings write-ups).
• Contributing to analysis and or reporting to management.
• Assisting with special projects (e.g., process enhancements, data transformation, code reviews, dashboard design, or credit rating model support) alongside Analysts and Associates on the team.

Education

Bachelor's degree in Finance, Economics, Accounting, Risk Management, or a computational & quantitative major

Tools

SQL

Python

Java

PowerPoint

Job description

The Options Clearing Corporation (OCC) invites applications for its Summer Internship Program in Credit Risk Management (CRM). Interns work with CRM staff to support onboarding, risk analysis, and reporting, gaining hands-on exposure to a live counterparty risk function.

Open to undergraduate and graduate students active at a college or university, the 12-week program runs May through August or June through September, with a hybrid work environment and up to 40 hours per week.