Jobs at The Options Clearing Corporation (OCC)

Supports IT and Security operational risk management through risk assessments, control evaluations, risk inventories, regulatory alignment, and governance reporting. Leads risk intake and enterprise assessments using NIST, COBIT, RSA Archer, JIRA, and ServiceNow. Develops AI governance protocols and risk registers, audits distributed ledger technology programs, and reviews IAM controls including RBAC, access reviews, and least-privilege policies. Collaborates with technology, compliance, legal, audit, and business stakeholders to improve ORM methodologies and resolve findings.

Supports product management and strategy for OCC clearing platforms. Responsibilities include writing user stories, refining backlogs, maintaining Jira and Confluence documentation, participating in Agile ceremonies, gathering stakeholder requirements, conducting market and competitive research, tracking sprint metrics, and preparing leadership presentations. The intern collaborates with Product Owners, Engineering, Risk, Operations, QA, and other cross-functional teams in a hybrid environment.

Principal Platform Engineering individual contributor responsible for advancing cloud platform reliability, observability, SRE practices, infrastructure as code, cloud efficiency, and performance. The role defines observability roadmaps, drives DORA and reliability metrics, improves incident and postmortem practices, supports highly available AWS environments, mentors engineers through technical influence, and ensures regulatory compliance. Responsibilities include capacity planning, technology roadmaps, production changes, on-call support, documentation, and escalation management.

Seasonal Credit Risk Management intern supporting counterparty due diligence, financial statement analysis, watch-level surveillance, risk examinations, management reporting, and special projects. The role provides exposure to counterparty credit risk across clearing members and financial institutions. Interns may assist with data transformation, code reviews, dashboard design, process improvements, and credit rating model support while collaborating with analysts, associates, and senior stakeholders.

Provides senior Level I and II technical support for Windows, macOS, virtual desktops, Microsoft 365, mobile devices, printers, and peripherals. Manages ServiceNow tickets, documents procedures, analyzes recurring issues, performs root-cause analysis, supports implementations, and escalates complex problems. Mentors junior technicians, communicates with users and management, participates in projects, and may travel to remote locations.

Supports and administers enterprise network infrastructure across on-premises and cloud environments. Responsibilities include routing and switching, firewall and load-balancer administration, Cisco ACI management, troubleshooting, network architecture, cloud connectivity, security and compliance changes, documentation, business continuity planning, and coordination with vendors and engineering teams on complex implementations. Provides on-call support and contributes to infrastructure automation and maintenance.

Supports the Diversity, Equity and Inclusion team through workflow documentation, process improvement, employee networking group administration, inclusive communications, and community impact initiatives. The intern will identify opportunities to reduce manual work, help develop newsletters and storytelling campaigns, assist nonprofit partnerships, and explore AI solutions. The role is a 12-week hybrid summer internship for actively enrolled undergraduate or graduate students.

Leads transformation and change communications while advising business leaders across a regulated organization. Develops internal communication plans, toolkits, FAQs, talking points, content calendars, and engagement strategies. Coordinates communications disciplines, manages stakeholder feedback, supports strategic partnerships, and translates enterprise strategy into audience-relevant messaging. The role also measures communications effectiveness and provides actionable recommendations.

Direct quantitative risk management for margin, clearing fund, stress testing, pricing, and derivatives models. Lead model development, validation remediation, performance monitoring, backtesting, volatility simulation enhancements, and new product assessments. Manage financial engineers and model developers, partner with technology, compliance, and validation teams, support production implementation, and present technical findings to leadership and regulators.

Supports Cyber Defense activities including reviewing workflows for automation opportunities, assisting with security monitoring and analysis, and helping integrate security tools. The intern will gain exposure to cyber defense operations, incident response, and security technology while contributing to process improvement and technical reporting. This is a 12-week seasonal summer internship in a hybrid Chicago work environment.

Provides technical leadership for enterprise SaaS and low-code platforms, including planning, implementation, integration, testing, administration, security, performance, and compliance. Maintains Atlassian tools such as Confluence, Jira, and SpiraTest; supports knowledge management; documents solutions; facilitates training; coaches team members; and drives platform improvements. Requires expertise in Atlassian implementations, cloud technologies, SDLC practices, REST APIs, and system administration.

Designs, automates, and manages highly available AWS cloud infrastructure using Terraform and Ansible. Develops Jenkins pipelines, maintains infrastructure code in GitHub, secures data with AWS KMS, and builds complex network and multi-account environments. Provides advanced system administration, operational support, disaster recovery, documentation, technical guidance, and on-call support for enterprise cloud and virtualization platforms.

Develop and configure solutions in the Archer platform supporting Controls Assurance and Risk Management. Assess the current state of PolicyTech and Apparity, document GRC tools, and apply knowledge of software development, change management, system administration, quality assurance, databases, workflow automation, governance, access control, debugging, performance tuning, and requirements documentation.

Supports OCC’s Legal department through ad hoc projects, legal research, analysis, writing, and presentation development. The intern may work on regulatory, commercial, litigation, and corporate governance matters while assisting attorneys with legal processes and advice for OCC stakeholders. This is a 12-week seasonal summer internship for currently enrolled undergraduate or graduate students, specifically law students who have completed one or two years of law school.

Supports the Enterprise Project Management Office through project phase-gate compliance reviews, work request queue maintenance, project tool updates, schedule and change-request support, and analysis of EPMO control data. The intern reviews dashboards, assigns tickets, analyzes metrics such as time in status and escalations, and assists with ad hoc activities. This is a 12-week hybrid summer internship for enrolled undergraduate or graduate students.

Supports quantitative risk management through development, testing, monitoring, and improvement of financial risk models used for margin, clearing fund sizing, and stress testing. Projects may include evaluating model assumptions, creating sensitivity metrics, researching advanced methodologies for equity price and volatility modeling, and improving Python code libraries. The intern collaborates with quantitative researchers, model validation teams, technology staff, and business stakeholders.

Supports quantitative risk management through model specification, impact analysis, P&L decomposition, backtesting exceedance attribution, performance monitoring, annual validation, and parameter review. The intern works with quantitative analysts on model development, monitoring, and research involving derivatives, stochastic calculus, statistics, econometrics, machine learning, and financial risk models.

Supports quantitative risk model performance monitoring through portfolio backtesting, metric implementation, documentation, analytics, and automation. Develops Python and Pandas scripts, writes SQL queries, assists with data analysis and visualization, participates in code reviews, and supports monitoring enhancements for new products and regulatory governance activities.

Supports internal audit and validation engagements through audit planning, fieldwork, control testing, process walkthrough documentation, findings documentation, and reporting. The intern reviews business-provided support, participates in meetings, and coordinates with engagement leads and supervisors. Assignments may cover cybersecurity and information technology audit areas.

Supports HRIS and people analytics projects, including Workday report standardization, data dictionary development, employee lifecycle mapping, HR metrics documentation, Hub optimization, report consolidation, and employee data administration. Collaborates with HR stakeholders while managing multiple projects and identifying process and data improvements.