INTERNSHIP DETAILS
Co-op Compliance Spring/Summer 2026
CompanyFuture Standard Early Talent Programs
LocationPhiladelphia
Work ModeOn Site
PostedJanuary 27, 2026

Internship Information
Core Responsibilities
The Compliance Co-op will support regulatory compliance activities and conduct due diligence reviews to ensure adherence to internal standards. The role also involves maintaining restricted lists and assisting in the operation of electronic monitoring systems.
Internship Type
full time
Company Size
598
Visa Sponsorship
No
Language
English
Working Hours
40 hours
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About The Company
FS Investments is an alternative asset manager dedicated to delivering attractive returns across private equity, private credit and real estate. Following its 2023 acquisition of Portfolio Advisors, FS Investments now manages over $75 billion for both institutional and wealth management clients around the world, drawing on 30 years of experience and more than 500 employees operating across nine global offices.
The firm’s investment professionals manage a wide range of differentiated strategies across private markets and collectively manage relationships with 300+ sponsors. FS Investments’ active partnership model creates a virtuous cycle of superior market insights and deal flow, which inform the underwriting process and help to generate strong returns.
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About the Role
<p>Compliance Co‑op – Future Standard</p>
<p>The Compliance Co‑op will work closely with a senior member of the Compliance team and support a group of experienced compliance professionals in the ongoing maintenance, <br>monitoring, and enhancement of the Firm’s compliance programs. This role provides exposure to a broad range of regulatory and operational functions across Future Standard’s <br>product suite, including business development companies (BDCs), registered funds, private placements, and mutual funds. The position offers hands‑on experience in a highly <br>regulated environment and an opportunity to develop foundational skills in compliance, risk management, and financial services operations.</p>
<p>Key Responsibilities:<br>Support regulatory compliance activities related to the Firm’s oversight by the SEC, FINRA, and other regulatory bodies, including assisting with regulatory filings, documentation <br>requests, and periodic reviews.<br>Conduct due diligence reviews on counterparties, vendors, and other relevant parties, helping to ensure adherence to internal standards and regulatory expectations.<br>Maintain and update the Firm’s restricted lists, including monitoring employee trading activity and ensuring compliance with internal policies.<br>Assist in the operation and upkeep of the Firm’s electronic monitoring systems, including data entry, exception review, and issue tracking.<br>Support compliance oversight of Firm personnel, including reviewing certifications, disclosures, and adherence to the Firm’s Code of Ethics.<br>Participate in periodic testing of the Firm’s compliance program, helping to evaluate the effectiveness of controls, identify gaps, and document findings.<br>Contribute to special projects and process‑improvement initiatives within the Compliance team as needed.</p>
<p>Qualifications:<br>Progress toward a Bachelor’s degree in Business Administration, Finance, Economics, Accounting, or a related field.<br>Demonstrated interest in regulatory, compliance, or risk‑management topics, particularly within the financial services industry.<br>Strong organizational skills, attention to detail, and the ability to manage multiple tasks in a fast‑paced environment.<br>Excellent written and verbal communication skills.<br>Proficiency in Microsoft Word and Excel; familiarity with data analysis or compliance systems is a plus.</p><div class="content-conclusion"><p>Future Standard is a global alternative asset manager serving institutional and private wealth clients, investing across private equity, credit and real estate. With a 30+ year track record of value creation and over $86 billion in assets under management, we back the business owners and financial sponsors that drive growth and innovation across the middle market, transforming untapped potential into durable value.</p>
<p><strong>Future Standard is an Equal Opportunity Employer. </strong></p>
<p><strong>Future Standard does not accept unsolicited resumes from recruiters or search firms. Any resume or referral submitted in the absence of a signed agreement is property of Future Standard and no fee will be paid.</strong></p>
<p><strong>FS is an Equal Opportunity Employer. </strong></p></div>
Key Skills
Regulatory ComplianceRisk ManagementFinancial ServicesDue DiligenceDocumentationData EntryCommunicationMicrosoft WordMicrosoft ExcelAttention to DetailOrganizational SkillsCompliance SystemsCode of EthicsTestingProcess Improvement
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