INTERNSHIP DETAILS

Compliance and Risk Co-Op

CompanyOld Mission
LocationChicago
Work ModeOn Site
PostedAugust 5, 2026
Internship Information
Core Responsibilities
The candidate will support the compliance team by conducting surveillance, performing research on trading initiatives, and managing administrative tasks like CAT reporting. They will also assist in reviewing compliance practices against regulatory requirements and gain exposure to operations and risk teams.
Internship Type
full time
Company Size
279
Visa Sponsorship
No
Language
English
Working Hours
25 hours
Apply Now →

You'll be redirected to
the company's application page

About The Company
Old Mission is a global, multi-asset market maker. We specialize in valuing individual securities and complicated derivatives at the speed of modern markets. Our advanced market-making platform allows us to collaborate seamlessly with the world’s largest exchanges, brokers, and institutional investors, providing them with a trusted partner for efficient risk transfer across a diverse range of securities worldwide.
About the Role

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.

Old Mission does not seek capital from outside investors, allowing us the flexibility to aggressively invest in our team members and keep them engaged in the firm’s growth.

About This Role

Old Mission, a global trading firm, is looking for a Co-Op student to join our Compliance Team in Chicago, IL (15–25 hours/week, flexible). You'll work as a compliance generalist, supporting surveillance, research, and administrative work across the Firm's compliance program.

Beyond day-to-day tasks and project work, you'll get direct mentorship from senior Compliance team members and exposure to our Operations and Risk teams giving you a real, ground-level view of how compliance functions inside a large trading firm.

This is a term-renewable position with potential for full-time hire.

What You'll Do

  • Research new trading initiatives to help the Compliance Team map out a compliant path forward
  • Work with external databases including FINRA's Central Registration Depository (CRD) and My Compliance Office
  • Support daily surveillance reviews of the Firm's options, futures, and equity trading activity
  • Help manage critical daily functions like CAT (Consolidated Audit Trail) reporting and exchange symbol registrations
  • Assist in reviewing existing compliance practices against regulatory requirements and industry best practices

What We're Looking For

  • Rising senior based in Chicago, studying business, finance, economics, or a related field
  • Interested in a long-term career in Compliance, Risk, or Operations at a trading firm
  • Able to balance coursework with work obligations
  • Some familiarity with large data sets and programming languages
  • Strong written and verbal communication skills
  • Basic understanding of exchange/OTC trading and market making
  • Highly organized with strong attention to detail, comfortable in a fast-paced environment
  • Works well both independently and on a team
  • Comfortable with Microsoft Office

Nice to Have

  • Completed the SIE (Securities Industry Essentials) exam
  • Prior internship experience in the industry
  • Experience with Python or SQL
Benefits and Perks
  • Fully paid Medical, Dental, Vision, Disability, and Life Insurance
  • Fully stocked kitchen; free breakfast and lunch every day on-site
  • Tuition Reimbursement Program
  • 401(k) with employer match
  • Paid Vacation, Sick, and Parental leaves
  • Commuter and Flexible Spending Programs

Pay Range

$30/hr. ($62,400 annually based on a 40-hour work week). Compensation is determined based on experience, skills, and qualifications relative to role requirements. This position is classified as non-exempt and is eligible for overtime pay in accordance with the Fair Labor Standards Act and Illinois state wage and hour law.

 

Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.

Key Skills
ComplianceRisk managementSurveillanceResearchData analysisFINRA CRDMy Compliance OfficeCAT reportingExchange symbol registrationOptions tradingFutures tradingEquity tradingMicrosoft OfficePythonSQLCommunication
Categories
Finance & AccountingData & AnalyticsAdministrativeSecurity & Safety
Benefits
Medical insuranceDental insuranceVision insuranceDisability insuranceLife insuranceFree breakfastFree lunchTuition reimbursement program401(k) with employer matchPaid vacationSick leaveParental leaveCommuter programFlexible spending programs