Compliance and Risk Co-Op
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
$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.