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Internal Audit Business and Risk Summer Intern

Internal Audit Business and Risk Summer Intern

The Options Clearing CorporationChicago, Illinois, United States
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  • THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP
  • Please note, this position is not eligible for immigration sponsorship.

    About OCC :

    A World Class Clearing Organization

    OCC is the largest equity derivatives clearing organization in the world. We provide central counterparty clearing and settlement services for equity options, futures, options on futures, and securities lending transactions. We serve approximately 115 clearing members and 15 exchanges including CBOE, Nasdaq, and NYSE.

    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 hungry for the chance to learn more, humble enough to admit they don't know all the answers, and smart enough to recognize the opportunity. The OCC Internship Program provides students with the real-world skills to successfully transition into a career in the financial services industry. As an intern, you will help lead projects that help shape the future of OCC. This person will apply their skill set and knowledge toward tackling designated projects. This is an exciting opportunity to have a true impact on the company by designing and implementing solutions for real challenges facing the business. Here's what we're looking for :

    Projects and Responsibilities :

    Assigned audit engagements which involve audit planning, fieldwork, and reporting phases for the assigned engagement

    Work with the engagement Lead and supervisors to execute the assigned tasks, which may include planning deliverables and control testing

    Work with areas of audit which may include Financial Risk Management and Operations

    Responsible for clearly and concisely documenting process walkthroughs, control design and operating effectiveness procedures, and any finding or enhancement that may result from procedures performed

    Candidate Qualifications :

    Desired major(s) : Accounting, Finance, or related field

    Prefer rising junior or rising senior or graduate student

    Proficient in Microsoft Office

    Strong written and verbal communication, the ability to prioritize multiple tasks and drive them to completion, and a willingness to take on undefined tasks and propose solutions

    What knowledge and skills will the intern gain from this internship?

    Validate and support the execution of planning and fieldwork testing with audit engagements

    Review and document support provided by the business

    Participate in internal and client meetings

    Coordinate with supervisors on assigned engagements

    Step 1

    When you find a position you're interested in, click the 'Apply' button. Please complete the application andattach your resume.

    Step 2

    You will receive an email notification to confirm that we've received your application.

    Step 3

    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.

    OCC is an Equal Opportunity Employer

    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.

    Benefits

    A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include :

    • A hybrid work environment, up to 2 days per week of remote work
    • Tuition Reimbursement to support your continued education
    • Student Loan Repayment Assistance
    • Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
    • Generous PTO and Parental leave
    • 401k Employer Match
    • Competitive health benefits including medical, dental and vision
    • Visit careers / thriving-together for more information.

      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 the importance of pay equity and consider internal equity of our current team members as part of any final offer.
    • We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com / careers
    • All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.
    • Salary Range

      $25.00 - $25.00

      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 individual and company performance.

      Step 1

      When you find a position you're interested in, click the 'Apply' button. Please complete the application andattach your resume.

      Step 2

      You will receive an email notification to confirm that we've received your application.

      Step 3

      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.

      OCC is an Equal Opportunity Employer

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