Year-Round Intern - Corporate Actions

**** THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP****

Location:

Dallas

Internship type:
Year-round intern (1,000 hours max, January 2027–December 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 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 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 counter party (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 Year‑Round Internship Program is a 12‑month opportunity running from January through December and is open to both undergraduate and graduate students who are actively enrolled at a college or university. Interns work up to 20 hours per week during the school year and up to 40 hours per week during the summer, subject to a 1,000‑hour cap.

The role is based in a hybrid work environment, and overtime is not permitted.

Market Operations works with participant exchanges to support options listings, trade processing, and day‑to‑day support for the exchanges and market participants. Additionally, Market Operations partners with Participant Solutions to develop and bring new products and exchanges to market. Corporate Actions researches corporate action events related to the securities that underly equity options, determines the appropriate adjustment to cleared options products, communicates the adjustments through information memos published to the OCC website and processes adjustments.

Both departments offer opportunities for an intern to learn the basics of OCC's partnership with Options exchanges, trade processing, researching corporate actions and operations processing.

The intern will support department efforts to prepare for the transition from our current clearing system (ENCORE) to our future system (Ovation) and Day 2 project initiatives.…