Summer Intern - Market Risk
About The Position
OCC is seeking interns 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. The Market Risk team monitors the risk that clearing members bring to OCC’s clearing and settlement services. As a summer intern, you’ll support the team’s daily market risk monitoring, help build Python reports and tools, and learn how a clearinghouse manages risk. You’ll work on a defined project and present your findings to the team at the end of the summer.
Requirements
- Rising senior or second-year graduate student, graduating December 2027 or May/August 2028.
- Finance, Computer Science, Engineering majors desired
- Some experience with Python (coursework or personal project)
- Working knowledge of Excel, Word, and PowerPoint
- Basic knowledge of statistics, securities markets, and options (coursework counts)
- Curiosity, strong communication skills, and the ability to manage your time and ask good questions
- Comfort working on multiple tasks with guidance from your team
Nice To Haves
- SQL
- Bloomberg
- JIRA
- Confluence
Responsibilities
- Learn how market risk is measured for the products OCC clears (equities, futures, options, and government securities)
- Support the team in monitoring clearing member positions and collateral, using OCC’s risk methodologies such as stress testing
- Build or improve small Python scripts and reports using large data sets
- Follow financial markets, including earnings and economic announcements, and share how they could affect member portfolios
- Collaborate with colleagues on neighboring teams, such as Quantitative Risk and IT
- Help with research, data pulls, and documentation for ongoing projects
- Present your summer project to the team
Benefits
- Paid sick leave accrued based on hours worked
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
No Education Listed
