Summer Intern - GRC Systems

theocc; Chicago (IL); Hybrid; USD 8,000 - 10,000; Full time

Benefits offered by this job

Hybrid work program

Paid sick leave accrual

Job summary

The Options Clearing Corporation (OCC) offers a 12-week summer internship in Chicago, with a hybrid work program and up to 40 hours per week. Interns contribute to Archer platform development, PolicyTech, and Apparity assessments while gaining real-world experience in financial services.

The program emphasizes learning and collaboration within the Compliance Risk Solutions team, with formal documentation of requirements and governance practices.

Qualifications

• Rising senior or second-year graduate student, graduating December 2027 or May/August 2028.
• Majors: Information Technology, Information Systems
• Hands-on experience with at least one major low-code platform and relational databases.

Responsibilities

• The intern will work on development in the Archer platform across a variety of solutions including modules that support Controls Assurance and Risk Management.
• Additional work will include technical assessment of current state on PolicyTech and Apparity. System documentation for GRC tools.

Skills

Software development

Change management

System administration

Quality assurance

Requirements gathering

Education

Rising senior or second-year graduate student, graduating December 2027 or May/August 2028

Majors: Information Technology, Information Systems

Tools

Low-code platform

Relational databases

Workflow engines

Platform governance & access control

Job description

Location: Chicago

Internship type: Seasonal intern (12 weeks, summer 2027)

***** INTERNS AND SEASONAL INTERNS ARE ELIGIBLE ONLY FOR PAID SICK LEAVE ACCRUED BASED ON HOURS WORKED. NO OTHER BENEFIT INCLUDING TECHNOLOGY STIPEND APPLY TO INTERNS OR SEASONAL INTERNS *****

Hybrid Work Program

OCC operates under a Hybrid Work Program which, absent an approved exception, requires employees to work from an OCC office at least 3 days per week. To maximize in-person collaboration, Tuesday and Wednesday are considered anchor days, and all employees are expected to work in the office both days. Employees meeting performance expectations are generally permitted to select 2 other days per week to work remotely if desired. When working remotely, employees are generally expected to work from the state in which they reside, absent an exception approved by Human Resources. Additionally, OCC generally does not permit employees to work while traveling internationally.

About OCC:

The Options Clearing Corporation (OCC) is the world’s largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 21 exchanges and trading platforms. OCC also provides free and engaging educational resources about the benefits and risks of options through its Options Industry Council (OIC ). 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 eager to learn, humble enough to ask questions, and ready to think critically about complex problems. The OCC Internship Program equips students with the real‑world skills needed to transition successfully into a career in financial services. As an intern, you will contribute to meaningful projects, applying your skills and knowledge to real challenges facing the business. Your time with us is a real opportunity to make a genuine impact on the future of OCC!

OCC's Summer Internship Program is a 12-week opportunity running either May through August or June through September, and is open to undergraduate and graduate students who are actively enrolled at a college or university. Interns work up to 40 hours per week in a hybrid work environment, and overtime is not permitted.

About the Team & Role

The Compliance Risk Solutions team within the Enterprise Technology Solutions department manages OCC's compliance and risk systems including but not limited to PolicyTech, Archer and Apparity.

Job Summary & Responsibilities

The intern will work on development in the Archer platform across a variety of solutions including, but not limited to, modules that support Controls Assurance and Risk Management. Additional work will also include technical assessment of current state on PolicyTech and Apparity. System documentation for GRC tools.

Candidate Qualifications

Rising senior or second-year graduate student, graduating December2027 or May/August2028.

Desired Majors

• Information Technology, Information Systems

Technical Skills/Experience Desired

• High level understanding IT domains: software development, change management, system administration, and quality assurance. Low code platform experience is preferred.
• Hands‑on experience with at least one major low-code platform.
• Experience with relational databases.
• Experience configuring business process automation / workflow engines.
• Knowledge of platform governance, security roles, and access control models.
• Experience with platform‑specific debugging and performance tuning tools.
• Experience with identify and documenting functional and non‑functional requirements.

Additional Qualifications

• Hands‑on experience with at least one major low-code platform
• Experience with relational databases
• Experience configuring business process automation / workflow engines
• Knowledge of platform governance, security roles, and access control models
• Experience with platform‑specific debugging and performance tuning tools
• Experience with identify and documenting functional and non‑functional requirements

About Us

The Options Clearing Corporation (OCC) is the world’s largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.