Year-Round Intern - Member Services

The Options Clearing Corporation (OCC)

United States

Hybrid

USD 29,000 - 40,000

Full time

4 hours ago
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Job summary

The Options Clearing Corporation (OCC) in Dallas is seeking a Year-Round Intern to contribute to the Member Services team and assist with analytics around the Ovation clearing system launch in 2027.

The internship runs January–December 2027, up to 20 hours per week during the school year and up to 40 hours in summer, with a 1,000-hour cap. It is a hybrid role requiring in-office presence three days per week, with some remote flexibility.

Qualifications

  • Finance, Economics majors preferred. Other majors are also acceptable.
  • Understanding of trading markets, familiarity with options is preferred.
  • Experience with AI and Microsoft Office is a plus.

Responsibilities

  • Assist with tracking OCC and Clearing Member activities and provide analysis of the information.

Skills

Comfortable using AI
Microsoft Office

Education

Finance, Economics majors preferred. Other majors acceptable.

Job description

  • 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*****
Location: Dallas
Internship type: Year-round intern (1,000 hours max, January 2027-December 2027)
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:

A World Class Clearing Organization

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 Year-Round Internship Program is a 12-month opportunity running from January through December and is open to both undergraduate and graduate students who are actively enrolled at a college or university. Interns work up to 20 hours per week during the school year and up to 40 hours per week during the summer, subject to a 1,000-hour cap. The role is based in a hybrid work environment, and overtime is not permitted.

About The Team & Role

Member Services supports Clearing Members with their interactions with OCC, providing training, research, and analysis. In addition, Member Services monitors Clearing Members to ensure they continue to remain operationally capable.

Job Summary & Responsibilities
  • With the launch of the new clearing system, Ovation, coming in 2027 the intern will assist the team with tracking OCC and Clearing Member activities and providing analysis of the information. This will be used to ensure readiness and effectiveness of OCC outreach.
Candidate Qualifications
Desired Majors
  • Finance, Economics majors preferred. Other majors are also acceptable.
Technical Skills/Experience Desired
  • Comfortable using AI
  • Microsoft Office Products
Additional Qualifications
  • Understanding of trading markets, familiarity with options is preferred.
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.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 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

Compensation
  • The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education.
  • In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.
  • We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers
  • All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.
Salary Range

$25.00 - $25.00

Incentive Range

This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.

OCC is an Equal Opportunity Employer

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