Job Description Building trusted markets - powered by our people. At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world. Cboe interns work with a variety of staff across multiple departments and have the opportunity to put their skills to work in their field of interest, while learning about Exchange technology and operations through our robust Options Institute courses. The three main foundational pillars of our internship program are: develop, educate and network. We want to ensure each of our interns receive a real-world working experience that encourages academic, professional and personal growth. Candidates should be versatile, eager and able to work in a fast-paced, time-sensitive financial and technical environment. Our interns will have the flexibility of working 2 days remotely, and 3 days in office per week at one of our state-of-the-art offices in Chicago, Kansas City, and New York City. To be eligible for this internship, applicants must be enrolled in a university or college program and should not be scheduled to graduate before December of the year in which the internship takes place. Our internship program runs from June to August, and you will wrap up your internship with a final presentation and retreat. Visit our student page for more information about our internship program! The Cboe Clear team is hiring for a Clearing Business Intern. The Clearing Business Intern at Cboe Clear will be involved in numerous projects working across the clearing organization (Business Development, Membership, Product, and Operations). The intern will be expected to understand the lifecycle of a Clearing Member ("Member") and Trading Privilege Holder ("TPH") from developing sales leads, to onboarding & support, to offboarding. In addition, the intern(s) will be expected to learn the day-to-day back-office processing of treasury functions, reconciliations, and movement of assets. At the completion of this Clearing Internship Program, the Intern is expected to have general knowledge and understanding of the internal workings of the Clearinghouse. Your responsibilities and learning objectives will be: * Work closely with the Membership team supporting the Business Development groups distribution efforts by using and administering internal software to manage client data and track internal metrics (Salesforce, Confluence, organization charts). * The Intern will learn and perform Anti-Money Laundering (AML) and Know Your Customer (KYC) due diligence on clearing member applicants. * The Intern will obtain a core understanding of CFTC customer segregation requirements and the operations of a clearinghouse. * The Clearing Business Intern will be able to document what a futures contract is and its life cycle. * The Intern will understand the differences between a physical delivery vs a cash settlement. * The intern will develop a glossary of standard industry terms used in futures markets, clearing organization, and futures commission merchants. The ideal candidate has: * Currently enrolled in a bachelor's or master's degree program in a related field in Finance, Economics, Management, or related area and should not be scheduled to graduate before December of the year in which the internship takes place. * Strong communication and analytical skills. * Acts with integrity and handles sensitive information with care. * Proficient with Microsoft office suite. * Must be able to commute to Chicago, IL office location on a regular basis. You'll really stand out with: * Ability to handle multiple assignments * Strong research and analysis skills * Working knowledge of Salesforce Benefits and Perks * Competitive compensation * Flexible, hybrid work environment, 3 days in office, 2 days remote, per week. * 2:1 401(k) match, up to 8% match immediately upon hire. Some of our employees' favorite benefits and perks include: * Daily complimentary in-office lunch from local restaurants * Endless free coffee and snacks to fuel your workday * Monthly in office networking events and happy hours * Associate Resource Groups (ARGs) and affinity groups for support and community building More About Cboe Global Markets We're reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We're investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed. We celebrate the diversity in our communities, inside and out, and welcome new perspectives with equity, inclusion and belonging. We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We're an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes. Learn more about life at Cboe on our website, LinkedIn, and our student page for more information about our internship program! Equal Employment Opportunity We're proud to be an equal opportunity employer - and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. #LI-HL #Hybrid Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.