Compliance Intern

Cambridge Investment Research, Inc.; Fairfield (IA); On-site; USD 23,000 - 36,000; Full time

Benefits offered by this job

Apartment-style housing for Fairfield

Premium benefits package including医疗/视

11 paid holidays

401K retirement plan with companymatch

Job summary

Cambridge Investment Research, Inc. seeks a Compliance Intern to gain practical experience with broker-dealer and registered investment adviser frameworks. You will support reviews, research regulatory changes, and maintain trackers while learning how Cambridge serves financial professionals and maintains supervisory programs.

The role involves collaboration across departments, data analysis, and exposure to training materials. On-site internship in the U.S.

Qualifications

• Current undergraduate student pursuing Business, Finance, Legal Studies, or a related field.
• Strong written and verbal communication, attention to detail, critical thinking, and analytical skills.
• Ability to work independently and collaboratively while managing assigned responsibilities.
• Curiosity about regulatory requirements, Cambridge policies, and the reasoning behind compliance practices.
• Confidence asking questions, conducting research, and communicating professionally.

Responsibilities

• Support ongoing compliance reviews and projects involving personal securities disclosures, trade data analysis, policy reviews, outside business activities, and off-channel communications.
• Conduct regulatory research, review changes to rules and regulations, identify potential program gaps, and help evaluate possible solutions.
• Maintain trackers, prepare reports, analyze data, update documentation, and assist with compliance audits and daily team activities.
• Support surveillance activities by running reports and documenting supervision of trading activity for financial professionals and clients.
• Complete investment product due diligence and ad hoc research used to develop compliance training and presentations.
• Attend meetings with department leadership, observe decision-making, and collaborate with other departments to gain broader industry exposure.
• Use Outlook, Word, Excel, Microsoft Copilot, SharePoint, RegEd, the Personal Securities Disclosure system, and CLIC Trade Review.

Skills

Written communication

Verbal communication

Attention to detail

Analytical thinking

Independent and collaborative work

Education

Undergraduate student

Job description

Job Summary

The Compliance Intern will gain practical experience with the tools, processes, and regulatory frameworks that support a broker-dealer and registered investment adviser. Interns will contribute analytical and technical support to ongoing compliance work while learning how Cambridge serves financial professionals and maintains effective regulatory and supervisory programs.

Key Deliverables and Responsibilities

• Support ongoing compliance reviews and projects involving personal securities disclosures, trade data analysis, policy reviews, outside business activities, and off-channel communications.
• Conduct regulatory research, review changes to rules and regulations, identify potential program gaps, and help evaluate possible solutions.
• Maintain trackers, prepare reports, analyze data, update documentation, and assist with compliance audits and daily team activities.
• Support surveillance activities by running reports and documenting supervision of trading activity for financial professionals and clients.
• Complete investment product due diligence and ad hoc research used to develop compliance training and presentations.
• Attend meetings with department leadership, observe decision-making, and collaborate with other departments to gain broader industry exposure.
• Use Outlook, Word, Excel, Microsoft Copilot, SharePoint, RegEd, the Personal Securities Disclosure system, and CLIC Trade Review.

What We Are Looking For

• Current undergraduate student pursuing Business, Finance, Legal Studies, or a related field.
• Strong written and verbal communication, attention to detail, critical thinking, and analytical skills.
• Ability to work independently and collaboratively while managing assigned responsibilities.
• Curiosity about regulatory requirements, Cambridge policies, and the reasoning behind compliance practices.
• Confidence asking questions, conducting research, and communicating professionally.
• Initiative to seek cross-functional learning and collaboration opportunities.

Program Summary: Cambridge’s Next Step 11-week paid summer internship program (May 17 – July 30) gives students the opportunity to gain valuable insight into both their chosen field and the financial service industry while working on meaningful projects that contribute to business outcomes. Each intern is partnered with a professional mentor and participates in our professional development program, which includes industry education, career workshops, leadership panels, and networking events. Nearly 30% of interns return to Cambridge as full-time associates.

Location: All internships are on-site, operating out of our Phoenix, AZ or Fairfield, IA offices. Apartment-style housing is available for Fairfield candidates, and some positions may be eligible to work out of our West Des Moines satellite office.

Work Authorization: Applicants must be authorized to work for any employer in the United States. We are unable to accommodate temporary student work authorizations, including initial Curricular Practical Training (CPT) and Optional Practical Training (OPT).

Posting Window: Applications will be reviewed on a rolling basis beginning in November. Internships are expected to remain posted until January 15, but may close earlier if filled. Candidates are encouraged to apply early for greatest consideration.

Compensation: $17-$26 per hour depending upon location, role, and year in school. Interns also receive 2 paid holidays and 2 days of paid time off across the summer.

Why Cambridge?

Cambridge has competitive benefits and promotes a work/life balance to encourage individual success.

• Premium benefit package including medical, vision, dental, life and long-term disability insurance
• Vacation/sick time
• 401K retirement plan with company matching program
• Eleven paid holidays

You can find more details about our comprehensive benefits package here.

Cambridge Overview:

Cambridge is a financial solutions firm that provides business support services to thousands of independent financial advisors. These advisors offer personalized investment services including wealth management, financial planning, and retirement services to individuals and families across the country. Cambridge provides significant compliance, technology, and transaction processing support to these financial advisors and their offices.