Address
Form of workAre you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
About our Internship Program:
The Summer Internship Program is a unique and challenging 10-week experience for diverse, talented, high-performing individuals interested in different aspects of the financial and technology industry. Contingent upon business needs, performance and completion of degree, our internship serves as a pipeline to our full-time early-career program EDGE.
What to expect as a DTCC Intern:
- Access to senior leaders
- Workshops for skill-building and career development
- Participation in employee resource groups
- Team volunteering with local charities
- A sense of community
- Assigned a mentor throughout the summer
- A flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The impact you will have in this role:
The mandate of DTCC's Systemic Risk Office (SRO) is to identify, evaluate and mitigate, to the extent possible, risks arising from DTCC's: (i) activities, products, processes, and systems employed in the normal course of business; (ii) response to an extraordinary market event; (iii) interconnections with other entities; and (iv) potential implications of new products and services.
The SRO Intern will support the goals and objectives of the Systemic Risk function primarily by conducting ongoing monitoring of potential Systemic Risks, preparing both qualitative and quantitative analyses as needed and managing or supporting various Systemic Risk projects.
Your Primary Responsibilities:
- Produce concise written research on macroeconomic and market trends and risks, and verbally articulate analysis to risk analysts and executive management
- Perform research and support the production of short thematic reports and white papers on key topics driving financial markets and other initiatives
- Provide various forms of analysis, data, charts, etc. needed to support the interconnectedness risk initiative
- Execute ad-hoc projects as required
*NOTE: The Primary Responsibilities of this role are not limited to the details above. *
Qualifications:
- Candidates must be working towards a bachelor's or master's degree in the following curriculums: Business, Economics, Finance, Accounting, Computer Science, MIS or Business & Technology Management
- Candidates must have authorization to work permanently in the US without the need for sponsorship (now or in the future)
- Candidates must have minimum of a 3.2 GPA upon graduation
Talents Needed for Success:
- Must demonstrate superior analytical and communication skills
- Strong interest in the financial services industry, with previous internship experience a plus
- Experience writing or contributing to research reports
- Proficiency in working with Excel and PowerPoint, as well as other Microsoft Office applications and additional software packages, as applicable. VBA and Access skills are a plus
- Exposure to current events and the macroeconomic environment, with a working knowledge of equity and/or fixed income markets
- A working knowledge of quantitative risk techniques and tools a plus
Engage with DTCC this Fall:
Meet and learn from our colleagues as we host a series of virtual events this Fall. Visit our careers site by clicking here to learn more and RSVP for our events.
Recruitment Timeline:
- August - October 2023: Engage with us virtually and apply to our jobs
- November - January 2024: Interview virtually with our team
- February 2024: Receive an offer and accept!
- February - June 2024: Engage with our colleagues as you close out your school year
- June 2024: Start the Summer Intern Program!
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
