JOB DESCRIPTION

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 Quantitative Risk Management (QRM) team is responsible for creating and maintaining the risk models used in SIFMU business of DTCC. The QRM Interns will assist on various projects of model building, back testing, and model performance monitoring. These projects will likely involve gathering and analyzing data as well as summarizing the results for presentations.

NOTE: The Primary Responsibilities of this role are not limited to the details above.

Qualifications:

• Candidates must be working towards a bachelor’s degree or a master’s degree in the following curriculums: Mathematics, Science, Computer Science/Engineering, finance, and mathematical finance
• 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
• Working knowledge of calculus and rudimentary statistics
• Working knowledge of Python or database programming

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.

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2023, DTCC’s subsidiaries processed securities transactions valued at U.S. $3 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $85 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 20 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.