Counterparty Credit Risk Intern [2027 Internship Program]

The Depository Trust & Clearing Corporation (DTCC)

Posted 2 days ago

Internship

Jersey City, New Jersey

Hybrid

Smart Summary

Responsibilities

The intern will assist the Counterparty Credit Risk team in monitoring the credit risk profiles of financial counterparties by reviewing financial statements and regulatory filings. They will also maintain risk monitoring tools and identify opportunities to streamline team procedures and reporting processes.

Qualifications

You are currently pursuing a bachelor's or master's degree in Business, Economics, Finance, or Accounting with an expected graduation date of Spring 2028 and a minimum GPA of 3.2. You should have authorization to work permanently in the United States without sponsorship and possess strong communication, analytical thinking, and attention to detail.

Must Have Skills for ATS

Financial Statement Analysis

Financial Markets Analysis

Accounting

Job Description

Build Your Future at DTCC

As a Counterparty Credit Risk Intern, you will gain exposure to how DTCC assesses and monitors the credit risk profile of member firms, treasury investment counterparties, line of credit providers, and critical third parties. The Counterparty Credit Risk team reviews financial statements, regulatory filings, negative news, macroeconomic trends, and other relevant information to evaluate the financial stability and creditworthiness of these firms. You will support ongoing monitoring, annual review activities, and process improvement efforts while building a practical understanding of credit risk management in the financial services industry.

At DTCC, interns contribute to meaningful work while learning how the financial markets operate behind the scenes. You will be part of a structured summer experience that combines team-based project work, training, feedback, mentorship, and opportunities to connect with leaders and peers.

About the Summer Internship Program

The Summer Internship Program is a 10-week experience designed to build a strong foundation for early-career talent. The program includes orientation, training, manager engagement, feedback milestones, networking, and development experiences that help students explore potential full-time career paths, including EDGE where applicable.

What you will gain

  • Hands-on work connected to real business priorities, not only observation or administrative tasks.

  • Structured orientation and training to help you understand DTCC, the industry, and your business area.

  • Manager support, mentorship, peer connection, and opportunities to build your network.

  • Development experiences focused on communication, feedback, professional skills, and career readiness.

  • Mid-point and final feedback to help you understand your strengths, development areas, and potential next steps.

  • Exposure to DTCC culture, values, and community engagement.

What you will do

Role Responsibilities

In this role, you will support the Counterparty Credit Risk team in monitoring the credit risk profile of firms consisting primarily of banks, broker-dealers, and other financial counterparties.

  • Assist with annual credit reviews by gathering and reviewing financial statements, regulatory filings, and other information used to assess firms’ credit risk profiles.

  • Support ongoing surveillance of monthly and quarterly financial data, negative news, and macroeconomic or regulatory developments that may impact member firms and counterparties.

  • Maintain and update tools and trackers used in the credit risk monitoring process, including the credit risk rating matrix model and related supporting documentation.

  • Analyze team procedures and workflows to identify opportunities to streamline processes, improve documentation, and support automation or reporting enhancements.

  • Participate in team meetings, research efforts, ad hoc projects, and cross-functional initiatives that support CCR’s mandate to monitor and manage counterparty credit risk.

What will help you succeed

Required

  • Currently pursuing a bachelor’s or master’s degree in Business, Economics, Finance, or Accounting or any other related field

  • Expected graduation date: Spring 2028

  • Minimum GPA: 3.2

  • Authorization to work permanently in the United States without current or future sponsorship.

Preferred

  • Coursework, projects, prior work, internship, student organization, volunteer, or leadership experience related to the role.

  • Interest in financial services, technology, operations, risk, data, business, or the specific business area.

  • Knowledge of financial statement analysis, utilizing knowledge gained in courses such as financial markets analysis and accounting 

What makes you successful

  • Curiosity, initiative, and willingness to ask questions.

  • Strong communication, organization, and follow-through.

  • Analytical thinking and attention to detail.

  • Ability to use feedback and adapt as you learn.

  • Collaboration, professionalism, and accountability.

Benefits and work model

  • Competitive hourly compensation.

  • Hybrid work model: 3 days in office and 2 days remote, based on team schedule.

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.

The Depository Trust & Clearing Corporation (DTCC)

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 2025, DTCC’s subsidiaries processed securities transactions valued at U.S. $4.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $114 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram. View our Social Media Community Rules of Engagement: https://www.dtcc.com/press-room/social-media-rules-of-engagement
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