Summer Credit Risk Intern - Hybrid & Real-World Impact

The Options Clearing Corporation; Chicago, Northern (IL, KY); Hybrid; USD 34,000 - 41,000; Full time

Benefits offered by this job

Paid sick leave

Hybrid work program

Job summary

The Options Clearing Corporation is seeking a Summer Intern for Credit Risk Management in Chicago or Dallas. This 12-week seasonal internship offers hands-on exposure to counterparty risk, onboarding, and risk examinations within the FRM division, with a hybrid work arrangement and opportunities to learn from experienced analysts.

You will assist with due diligence, financial statement analysis, watch-level surveillance, and preparing materials for risk examinations while developing SQL, Python,

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.
• Proficient in Microsoft Office, including Excel with lookups and pivot tables; able to develop PowerPoint presentations.
• Ability to read and understand financial statements.
• Excellent organization and detail orientation; strong verbal and written communication.
• Familiarity with large relational data sets, programming languages (SQL, Python, Java), and data visualization tools.

Responsibilities

• Assist with due diligence and financial statement analysis for Clearing Member or bank onboarding.
• Support Watch Level surveillance by reviewing financial/operational data to identify emerging risk trends.
• Help prepare materials for Clearing Member risk examinations (questionnaires, document requests, findings write-ups).
• Contribute to analysis and reporting to management.
• Assist with special projects (process improvements, data transformation, code reviews, dashboard design, or credit rating model support).

Skills

Microsoft Office

Excel

PowerPoint

Financial statements

Communication

SQL

Python

Java

Data visualization tools

Education

Bachelor’s degree in Finance, Economics, Accounting, Risk Management, or quantitative major

Tools

SQL

Python

Java

Power BI

Job description

The Options Clearing Corporation is seeking a Summer Intern for Credit Risk Management in Chicago or Dallas. This 12-week seasonal internship offers hands-on exposure to counterparty risk, onboarding, and risk examinations within the FRM division, with a hybrid work arrangement and opportunities to learn from experienced analysts.

You will assist with due diligence, financial statement analysis, watch-level surveillance, and preparing materials for risk examinations while developing SQL, Python,