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Chicago, Illinois, United States
Hybrid
Not Available
To be considered for this position, applications and resumes are accepted only through our careers site by directly applying to the posted job. We do not accept unsolicited resumes or sales solicitations from staffing agencies. Any OCC employee wishing to submit a referral must do so through their Workday account. Any resume submitted outside of an active job posting will not be considered for employment.
Location: Chicago
Internship type: Seasonal intern (12 weeks, summer 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 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 December 2027 or May/August 2028.
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.
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.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
Salary Range
$25.00 - $25.00Incentive 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.
Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.
Step 2
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Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.
For more information about OCC, please click here.
OCC is an Equal Opportunity Employer