{"id":2578505,"url":"https://alion.io/job/theocc-year-round-intern-ai-research-engineering","title":"Year-Round Intern - AI Research & Engineering","company":{"id":1768531,"name":"The Options Clearing Corporation","domain":"theocc.com","url":"https://alion.io/company/theocc-com","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":null},"role":"AI/ML","role_family":"AI/ML","seniority":"intern","employment_type":"internship","work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Chicago, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":null,"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"AI Agents","optional":false},{"name":"Anthropic","optional":false},{"name":"Claude","optional":false},{"name":"Machine Learning","optional":false},{"name":"Model Context Protocol","optional":false},{"name":"Tool Use","optional":false},{"name":"Agile","optional":true},{"name":"AWS","optional":true},{"name":"Azure","optional":true},{"name":"C++","optional":true},{"name":"Databricks","optional":true},{"name":"GCP","optional":true},{"name":"Java","optional":true},{"name":"Prompt Engineering","optional":true},{"name":"Python","optional":true},{"name":"PyTorch","optional":true},{"name":"PyTorch C++","optional":true},{"name":"Scikit-learn","optional":true},{"name":"Spark","optional":true},{"name":"SQL","optional":true},{"name":"TensorFlow","optional":true},{"name":"TensorFlow C++","optional":true}],"status":"live","first_seen_at":"2026-09-18T00:00:00Z","employer_posted_date":"2026-09-18","last_verified_at":"2026-10-17T20:50:46Z","board_verified":true,"closed_at":null,"days_open":30,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":30},"description":"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.\n*****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*****\nLocation: Chicago\nInternship type: Year-round intern (1,000 hours max, January 2027-December 2027)\nHybrid Work Program\nOCC 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.\nAbout OCC:\nA World Class Clearing Organization\nThe 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.\nOCC also provides free and engaging educational resources about the benefits and risks of options through its Options Industry Council (OIC).\nOCC is building a culture that empowers continued learning, authentic innovation, and constant creativity.\nAbout the Intern Program:\nOCC 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!\nOCC'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.\nAbout the Team & Role\nArtificial Intelligence Research & Engineering (AIRE) is responsible for enterprise AI solution implementation and governance across OCC. AIRE evaluates emerging AI capabilities, builds secure and compliant platforms, and partners with business and technology teams to deliver AI-driven solutions that improve operational efficiency and decision-making. Core functions span Generative AI Solutions & Engineering, AI Governance & Risk Management, AI Vendor & Platform Management, and AI Training & Enablement.\nCurrently moving aggressively into agentic AI, leveraging frontier technologies, such as Anthropic's Claude platform and models, to transform how OCC operates, one functional area at a time.\nThis intern will work directly with our engineering team to help design, prototype, and evaluate agentic AI solutions built on frontier platforms. Depending on interests and skill set, contributions could include building and testing AI agent workflows, supporting governance and risk-review processes for new AI use cases, or helping assess vendor/platform capabilities. The intern will gain hands-on exposure to how a leading financial market infrastructure company is operationalizing generative and agentic AI at enterprise scale.\nJob Summary & Responsibilities\nThis intern will join the AI Research & Engineering (AIRE) team and work hands-on building agentic AI solutions using frontier platforms (e.g., Anthropic's Claude models and tooling) to automate and enhance functional areas across OCC.\nProjects & responsibilities may include:\nAgent design & prototyping - Build and iterate on AI agent workflows for a specific OCC functional area, working alongside engineers who own these systems in production.\n\nPlatform integration - Integrate agentic solutions with internal data sources and APIs, gaining experience with the same MCP/tool-use patterns our engineers use to connect models to enterprise systems.\n\nEvaluation & testing - Design test cases and evaluation frameworks to measure agent accuracy, reliability, and safety, which is a core ongoing responsibility for AI engineers ensuring solutions are production-ready.\n\nGovernance & risk awareness - Partner with the AI Governance & Risk Management functions to understand compliance and risk considerations for deploying AI in a regulated financial environment, a responsibility every AI engineer on the team shares.\n\nDocumentation & knowledge sharing - Document agent architectures, prompt designs, and lessons learned, contributing to the team's internal playbooks, mirroring how full-time engineers formalize and scale successful pilots.\n\nCross-functional collaboration - Work directly with business stakeholders in the target functional area to gather requirements and validate that the agentic solution solves a real operational problem, the same stakeholder-facing skill required in the full-time role.\n\nCandidate Qualifications\nRising senior or second-year graduate student, graduating December 2027 or May/August 2028.\nDesired Majors\nComputer Science\n\nData Science\n\nStatistics\n\nApplied Mathematics / Mathematics\n\nEngineering\n\nPhysics\n\nMachine Learning\n\nFinancial Engineering / Financial Mathematics\n\nEconomics\n\nTechnical Skills/Experience Desired\nWe're looking for candidates with a strong quantitative/technical foundation and genuine curiosity about AI. Preferred skills are:\nSolid programming skills in Python (most common) and/or SQL, Java, C++, or R\n\nCoursework or project experience in machine learning, AI, or data science\n\nExposure to AI/ML frameworks such as PyTorch, TensorFlow, or Scikit-learn\n\nInterest or experience in generative AI - LLMs, prompt engineering, or agentic systems\n\nFamiliarity with cloud platforms (AWS, Azure, or GCP)\n\nExperience with data pipelines or data engineering tools (Spark, Databricks, etc.)\n\nStrong analytical thinking and ability to communicate technical work clearly\n\nCuriosity, initiative (independent projects, research, hackathons), and a strong foundation for quick learning\n\nAdditional Qualifications\nStrong academic performance (GPA 3.5+ preferred), reflecting rigor and consistency\n\nDemonstrated initiative - independent projects, research, hackathons, or startup experience beyond coursework\n\nPrior internship or work experience in a technical or analytical role preferred\n\nAbility to communicate complex technical concepts clearly to both technical and non-technical stakeholders\n\nComfort working cross-functionally with business, risk, and technology teams\n\nStrong problem-solving skills and a self-directed approach to learning new tools/technologies\n\nInterest in financial services, market infrastructure, or regulated industries a plus\n\nFamiliarity with Agile/collaborative development practices (version control, code reviews, sprint-based work)\n\nAbout Us\nThe 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.\nCompensation\nThe 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. \nIn addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer. \nWe typically do not hire at the maximum of the range in order toallow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers\nAll 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.\nSalary Range\n$25.00 - $25.00Incentive Range\nThis 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.\nStep 1\nWhen you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.\nStep 2\nYou will receive an email notification to confirm that we've received your application.\nStep 3\nIf you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.\nFor more information aboutOCC, please clickhere.\nOCC is an Equal Opportunity Employer","description_format":"text","description_chars":10460,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":null,"security_clearance":false,"languages":[]},"benefits":["Equity","Hybrid work"],"hiring_locations":[{"name":"United States","iso":"US","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Artificial Intelligence"],"lifecycle":[{"event":"open","at":"2026-10-15T00:56:10Z"}],"visa":[],"liveness":{"score":28,"band":"fade","label":"Fading","p_open":1,"p_active":0.627,"p_room":0.45,"age_days":29,"expected_fill_days":19,"reasons":["conf:1","win:tail","comp:junior"],"computed_at":"2026-10-17T05:46:00Z"},"pay":null,"html_url":"https://alion.io/job/theocc-year-round-intern-ai-research-engineering","json_url":"https://alion.io/job/theocc-year-round-intern-ai-research-engineering.json","meta":{"generated_at":"2026-10-18T07:15:41Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":10895,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-19T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":1768531},"rest":"https://alion.io/mcp/rest/get_company?id=1768531"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Ftheocc-year-round-intern-ai-research-engineering"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Ftheocc-year-round-intern-ai-research-engineering"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Ftheocc-year-round-intern-ai-research-engineering"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/theocc-year-round-intern-ai-research-engineering\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Ftheocc-year-round-intern-ai-research-engineering"}]}