Quantitative Risk Management Intern
OCC · Quant
- Location
- Chicago, IL
- Metro
- Chicago
- Workplace
- Hybrid
- Level
- Intern
- Type
- Internship
- Pay
- $25/hr (estimated from posting text)
- Posted
- 1 month ago
- Source
- Simplify internships list
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What the posting covers
Hybrid Work Program
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…
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…
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…
About the Team & Role
QRM's core function is the development, validation, and ongoing maintenance of risk models used for margin, clearing fund, and stress testing at OCC — the world's largest equity derivatives clearing organization. The team's work spans model specification,…
Job Summary & Responsibilities
Assist in the model specification development and impact analysis. Work on PNL decomposition and backtesting exceedance attribution analysis. Work on model performance monitoring enhancements. Support other BAU or / and R&D research projects such as…
Technical Skills/Experience Desired
Rising senior or second-year graduate student, graduating December 2027 or May/August 2028. Desired Majors: • Financial Mathematics, Financial Engineering, Statistics, Applied Mathematics, Finance, Economics Technical Skills/Experience Desired: • Financial…
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…
Compensation
The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education. In addition, we believe in…
Incentive 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…
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