Year-Round Intern - Stress Testing & Liquidity Management

Location: Dallas, TX

• ****THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP*****

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.

• ****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

STLRM is responsible for managing risk of Clearing Members through stress testing that shows exposures in scenarios from credit and liquidity perspectives.  This requires building reporting and analytics in tools like Tableau, Alteryx and Python/R using large datasets.  The team is responsible for distributing daily and monthly reporting within OCC and to Clearing Members.  The intern would be involved in helping to enhance and organize our analytical tools as well as executing on our reporting obligations.

Job Summary & Responsibilities

Prepare and distribute daily reporting summarizing stress exposures focusing on credit and liquidity risk that are reviewed across the company, including senior management

Execute monthly reporting that is presented to the Stress Test Working Group which fulfills regulatory requirements

Build reporting and analytics focused on products (AAPL options, SPX, options, etc.) and how those products are treated within stress testing

Automate alerting to draw attention to significant changes in overall Clearing House exposure to products as well as exposures of the Clearing Members which will improve efficiency within the team

Analyze results and draft detailed summaries of exposures for specific clearing members across both the stress testing and margin risk domains

Assist in the refactoring of existing reports in preparation of the launch of Ovation, the new Clearing and Risk system for OCC

Candidate Qualifications

Desired Majors

Business (Finance or Economics preferred), Mathematics, Engineering

Technical Skills/Experience Desired

Tableau, Alteryx, Python, SQL, R, Microsoft Suite, AI like Claude

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 potenti