Model 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
Read the full posting & apply ↗
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…
Job Summary & Responsibilities
The Model Risk Management team analyzes model risk across pricing, margin, clearing fund, stress testing and liquidity models. The intern will collaborate with MRM staff to assess model risk and review associate remediation. Job Summary & Responsibilities: •…
Technical Skills/Experience Desired
Rising senior or second-year graduate student, graduating December 2027 or May/August 2028. Desired Majors: • Financial mathematics, Mathematics, Physics, Finance, Computer Science Technical Skills/Experience Desired: • Basic programing skills. Able to read…
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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