Year-Round Intern - Stress Testing & Liquidity Management

The OCC • Chicago, TX

6d • Hybrid

About The Position

The Options Clearing Corporation (OCC) is hiring a year-round intern for its Stress Testing & Liquidity Risk Management team. This 12-month internship runs from January through December 2027 and is based in Chicago or Dallas in a hybrid work environment. Interns may work up to 20 hours per week during the school year and up to 40 hours per week during the summer, with a 1,000-hour maximum. Overtime is not permitted.

The team manages Clearing Member risk through stress testing that evaluates credit and liquidity exposures under different scenarios. It develops reporting and analytics using large datasets and tools such as Tableau, Alteryx, and Python or R, and distributes daily and monthly reporting within OCC and to Clearing Members. The intern will help enhance and organize analytical tools and fulfill reporting obligations.

OCC's Hybrid Work Program generally requires employees to work from an OCC office at least three days each week. Tuesday and Wednesday are anchor days when employees are expected to be in the office. Employees meeting performance expectations are generally permitted to work remotely two other days per week. Remote work is generally expected to take place in the employee's state of residence, and working while traveling internationally is generally not permitted.

Interns and seasonal interns are eligible only for paid sick leave accrued based on hours worked; no other benefits, including the technology stipend, apply. The stated salary is $25.00 per hour. The position is eligible for an annual discretionary incentive award; any award is not guaranteed.

Requirements

• Be actively enrolled at a college or university as an undergraduate or graduate student.
• The year-round internship runs January through December 2027 and is subject to a 1,000-hour maximum.
• Work up to 20 hours per week during the school year and up to 40 hours per week during the summer; overtime is not permitted.

Nice To Haves

• Desired majors include Business, preferably Finance or Economics, Mathematics, and Engineering.
• Desired technical skills or experience include Tableau, Alteryx, Python, SQL, R, Microsoft Suite, and AI tools such as Claude.

Responsibilities

• Prepare and distribute daily reports summarizing stress exposures, with a focus on credit and liquidity risk, for review across the company, including by senior management.
• Execute monthly reporting presented to the Stress Test Working Group to fulfill regulatory requirements.
• Build reporting and analytics focused on products and their treatment within stress testing.
• Automate alerts for significant changes in overall Clearing House exposure to products and Clearing Member exposures to improve team efficiency.
• Analyze results and draft detailed summaries of exposures for specific Clearing Members across stress testing and margin risk.
• Assist in refactoring existing reports in preparation for the launch of Ovation, OCC's new Clearing and Risk system.

Benefits

• Paid sick leave accrued based on hours worked; interns are not eligible for other benefits, including the technology stipend.
• Annual discretionary incentive compensation award may be available; it is not guaranteed.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed