IT Intern

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.

• 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.

The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information solutions through activities that include development of essential business applications, building infrastructure capabilities to meet client needs and implementing data standards and governance. The intern in Quantitative Financial Analyst part of Risk Management Division will be provided with a platform to apply their academic learning in real-world scenarios across various cutting-edge domains to support our quantitative risk models that focus on assessing and mitigating financial risks. The intern will also participate in collection and analysis of model change requirements, create technical specifications, build and test model code, assist in procedural documentation for model, can make contributions within their business areas, and learn from experts currently working within the field.

• Grasp the behavior of existing quantitative models, perform scenario analyses, and develop prototypes for new scenarios.
• Generate performance metrics and analytics to validate model behavior.
• Establish performance and monitoring controls to aid in model evaluation.
• Collaborate across business units to conduct model testing.
• NOTE: The Primary Responsibilities of this role are not limited to the details above.

• Candidates should preferably be working towards a bachelor's degree in one of the following fields and graduating no later than May 2027: Computer Science, Data Science, Engineering, MIS, Business & Technology Management, or any other equivalent specialization.
• Candidates should have interest in and basic understanding of financial domain, quantitative modelling, programming languages and underlying infrastructure platforms.
• Candidates must have minimum of a 3.2 GPA or equivalent grade to be considered

• Must demonstrate superior analytical and communication skills.
• Strong statistical and mathematical skills
• Basic understanding of capital markets and financial risk domain
• Strong interest in the financial services industry, with previous internship experience a plus
• Good written & oral communication skills
• Motivated self-starter
• Ability to grasp new concepts
• Ability to work within a team environment
• Strong problem solving and analytical skills.
• Proficient computer and technical skills (Particularly with Python, Microsoft Office Suite)
• Current college/university student

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.

IT Architecture and Enterprise Services are responsible for enabling digital transformation of DTCC. The group manages complexity of the technology landscape within DTCC and enhances agility, robustness and security of the technology footprint. It does so by serving as the focal point for all technology architectural activities in the organization as well as engineering a portfolio of foundational technology assets to enable our digital transformation.