Compliance and Risk Co-Op

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    Old Mission

    201-500 employeesFounded 2008Chicago, IllinoisFinancial Services
    Actively hiringPaidrollingFinancial Services
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    Best applied by Nov 3

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    About the role#

    Old Mission is seeking a Compliance and Risk Co-Op to join the team in Chicago. This role functions as a compliance generalist, supporting surveillance, research, and administrative tasks across the firm's compliance program. You will receive direct mentorship from senior team members and gain exposure to the firm's Operations and Risk departments. 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.
    • Support daily surveillance reviews of the firm's options, futures, and equity trading activity.
    • Manage critical daily functions including CAT reporting and exchange symbol registrations.
    • Assist in reviewing existing compliance practices against regulatory requirements and industry best practices.
    • Work with external databases, including FINRA's Central Registration Depository.

    What you'll need#

    • Rising senior based in Chicago studying finance, business administration, economics, or a related field.
    • Basic understanding of exchange/OTC trading and market making.
    • Familiarity with large data sets and programming languages.
    • Strong written and verbal communication skills.
    • Proficiency with Microsoft Office.
    • Ability to balance coursework with work obligations.
    • Completion of the SIE exam, prior industry internship experience, or experience with Python or SQL is preferred.

    Location & details#

    • Location: Chicago, Illinois.
    • Modality: On-site.
    • Commitment: 15 to 25 hours per week.
    • Compensation: Paid position at $30 per hour.

    About Old Mission

    Old Mission is a global market maker focused on multi-asset trading. Founded in 2008, the company specializes in valuing securities and complex derivatives. It operates out of Chicago with additional offices in New York and London. The firm employs approximately 277 people and works with institutional investors and exchanges to facilitate risk transfer.

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