Business Systems Analysis Intern

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

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.

*****INTERNS AND SEASONAL INTERNS ARE ELIGIBLE ONLY FOR PAID SICK LEAVE ACCRUED BASED ON HOURS WORKED. NO OTHER BENEFIT INCLUDING TECHNOLOGY STIPEND APPLY TO INTERNS OR SEASONAL INTERNS*****

Location: Dallas

Internship type: Year-round intern (1,000 hours max, January 2027–December 2027)

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.

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 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.

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 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.

The Business Systems Analysis (BSA) team is organized around three pillars: Clearing (clearing house services and data management), Risk (portfolio risk mitigation and risk calculation methodology), and Enablement (the underlying systems that support the entire suite of business applications). Each pillar is led by a Director of Business Analysis who oversees the analysts within that area. Across all three pillars, the BSA team is responsible for eliciting, defining, and maintaining requirements for their respective products, and for translating stakeholder needs into actionable, well-structured analysis outputs.

This role sits within the Enablement pillar, which supports six core areas: Platform Engineering (cloud asset management), Infrastructure Engineering (on-premises data center and network services), Platform Operations (operational asset and incident management), Security Services (system security posture and incident mitigation), Solutions/Enterprise Architecture (design standards and patterns), and Enterprise Technology Solutions (enterprise tool management). The Enablement team currently consists of 7 analysts, each aligned to a specialized area but capable of flexing across areas as needed, all reporting to the Enablement Pillar Lead.

A typical day for a BSA involves collaborating with stakeholders to elicit and refine product capabilities, translating those into clear and verifiable requirements, and partnering with product teams to clarify and validate those requirements. Once approved, analysts work with development teams to break requirements into Jira epics and user stories, then support the team through implementation — including solutions analysis, ongoing clarification, and test case/outcome verification. Analysts typically focus on one engagement phase at a time per engagement though may be working on multiple engagements simultaneously.

The intern will work under the guidance of the Enablement Pillar Lead to research, document, and catalog the full range of products across the six Enablement support areas: Platform Engineering, Infrastructure Engineering, Platform Operations, Security Services, Solutions/Enterprise Architecture, and Enterprise Technology Solutions. This work will build a comprehensive product inventory comparable to the existing catalogs maintained for the Clearing and Risk pillars.

Core responsibilities include:

• Researching and cataloging all products and tools within the six Enablement areas, with guidance from the Pillar Lead and supporting analysts

• Documenting the functional purpose and business relevance of each identified product

• Evaluating and prioritizing which products require full requirements analysis documentation to ensure sustained support and institutional knowledge

• Drafting a written analysis explaining the rationale behind each prioritized product's need for formal requirements documentation

• Maintaining organized documentation throughout the internship using Confluence and Jira

If bandwidth permits, the intern will also have the opportunity to explore the Clearing and Risk pillars as part of a full immersion into the broader BSA team. Additionally, if demand requires, the intern may have the opportunity to work on engagements within or across all three pillars, gaining a holistic view and well-rounded experience of the team's overall scope and function.

Deliverables (minimum expectations; scope may expand based on progress):

• A completed Product Catalog covering all six Enablement areas

• A prioritized list of products requiring requirements analysis documentation

• A written analysis justifying the prioritization of each identified product

• A final presentation of findings to BSA Leadership and ITBM Leadership at the conclusion of the internship

Rising senior or second-year graduate student, graduating December 2027 or May/August 2028.

Desired Majors

• Computer Science or Business Analysis

Technical Skills/Experience Desired

• Working knowledge of Confluence and Jira for documentation and tracking purposes (required)

• Familiarity with cloud infrastructure basics (preferred, not required)

• Conceptual understanding of networking and virtualization foundations (preferred, not required)

• Foundational knowledge of cybersecurity principles (preferred, not required)

Additional Qualifications

• Inquisitive with a strong drive to learn new and unfamiliar concepts

• Self-motivated and driven to learn

• Strong analytical and critical thinking skills

• Strong verbal and written communication skills

• Well organized, with the ability to manage documentation and track progress across multiple product areas

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.

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 and attach 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