Jobs › Options Clearing Corporation

Year-Round Intern - Cloud Engineering

Options Clearing Corporation · Chicago, IL · $25.00 an hour · Part time

Posted Sep 18, 2026 · We last checked this listing on Oct 6, 2026

Apply at Options Clearing Corporation

Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a project where you set up something in the cloud. What went wrong and how did you fix it?

What they are checking: Whether they have real troubleshooting experience and can describe it clearly.

This role runs part-time through 2027. How will you keep up with school and work?

What they are checking: Whether they can plan for a long commitment and communicate their availability.

What cloud topic are you most curious to learn more about, and why?

What they are checking: Whether they are motivated to learn beyond the assignment, which matters in a fast-changing field.

What would you do

You accidentally misconfigure something in a test environment and it affects another team. What do you do?

What they are checking: Whether they report mistakes right away rather than trying to hide or quietly fix them.

You're given a task and the documentation is outdated. How do you move forward?

What they are checking: Whether they investigate, ask good questions and update the docs for the next person.

About the work

Explain what happens, at a high level, when you deploy an application to a public cloud like AWS or Azure.

What they are checking: Whether they understand compute, networking and storage basics rather than just following tutorials.

What is infrastructure as code, and have you used Terraform or something similar?

What they are checking: Whether they know why infrastructure should be versioned and reviewed, especially at a regulated firm.

How would you explain the difference between a public and private subnet?

What they are checking: Whether they have basic cloud networking knowledge that security-conscious teams expect.

Why might a financial market utility be strict about who can change cloud resources?

What they are checking: Whether they connect access control and change management to the firm's regulatory responsibilities.

How comfortable are you on the Linux command line, and what scripting have you done?

What they are checking: Whether they can handle day-to-day automation tasks without a lot of hand-holding.

Practice this interview out loud.

Offer builds a real interview for this exact role at Options Clearing Corporation from your resume and this job description, asks the questions one at a time, and tells you what landed. The first one is free.

Practice this out loud

The full job description

As published by Options Clearing Corporation.

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: Chicago 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. 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. About the Team & Role The Cloud Engineering team owns Platform Engineering Team security guardrails, governance controls, and cost optimization (FinOps) across the AWS platform. We build and maintain policy-as-code, IAM/permission boundaries, cost anomaly detection, and tagging/chargeback tooling. The intern will support automation of security and cost controls, contributing to tools used org-wide. Job Summary & Responsibilities Intern will build/enhance platform engineering cloud security guardrails, as well as build and enhance Open Policy Agent (OPA) policies for security guardrail checks and for standards. Also, Financial Operations dashboarding and reporting, and automation for cleanup and alerting to help with cloud cost avoidance and reduction. Working alongside the team on real backlog items, responsibilities map directly to ownership of monitoring and remediation tooling. Candidate Qualifications Rising senior or second-year graduate student, graduating December 2027 or May/August 2028. Desired Majors • Computer Science Information Systems, or related Technical Skills/Experience Desired • Coursework or project experience with cloud platforms (AWS preferred), exposure to scripting (Python), and familiarity with basic security or cost management concepts. Exposure to Terraform/IaC or policy-as-code tools a plus. • Experience with Claude code a plus as it is used in daily work. Additional Qualifications • Strong analytical skills, comfort with ambiguity, interest in cloud security or FinOps as a career, and interested in developing automation to solve problems 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

Apply at Options Clearing Corporation