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)
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.
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.
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.
The Knowledge Management (KM) team sits within Enterprise Technology Solutions (ETS) at OCC and is responsible for how the organization identifies, organizes, shares and maintains institutional knowledge, aligned to the COBIT 2019 BAI08 (Managed Knowledge) practice. The team operates in an Agile-scrum model with two-week sprints.
This intern, located in the Chicago office, would contribute directly to the ETS Knowledge Continuity project, a cross-functional effort to reduce single points of knowledge failure and improve how critical operational and technical knowledge is captured, organized and transferred across teams. Working alongside the KM team lead, the intern would help audit existing documentation, identify knowledge at risk from turnover or SME dependency and support the team's day-to-day sprint work, gaining hands-on exposure to the KM discipline while producing deliverables that will impact the organization.
This intern primarily supports the ETS Knowledge Continuity departmental initiative:
Rising senior or second-year graduate student, graduating December 2027 or May/August 2028.
Currently pursuing a Bachelor's degree in Information Systems, Library/Information Science, Business Administration or a related field.
Interest in knowledge management, information governance or IT compliance disciplines. Comfort working in a compliance-driven environment where documentation, accuracy and traceability matter. Ability to conduct structured interviews or working sessions with subject matter experts to extract undocumented knowledge. Organizational skills to classify and tag content consistently. Strong written communication skills and attention to detail. Demonstrated ability to follow documented processes and work independently on assigned tasks while knowing when to ask for clarification.
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.
$25.00 - $25.00
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.
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.
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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.
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. More information about OCC is available at www.theocc.com.
