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Cambridge Investment Research, Inc. Compliance Internship in Fairfield, Iowa

For the last 12 years, Cambridge has recruited highly talented interns from across the country to join us during the summer for a 10-12 week internship. Each year, 25-30 interns join us for a full-time, paid internship experience at our home offices in Fairfield, Iowa and Phoenix, Arizona. The Next Step internship program gives students practical insight into the financial services industry. Students are partnered with a professional mentor, supervisor, and executive champion and participate in trainings on industry basics and trends, along with professional development courses and opportunities to job shadow other departments across Cambridge. At the conclusion of the internship, each intern will have the opportunity to present on their experience and a specific project of their choice.

Benefits:

  • Competitive pay

  • Away time: Interns will receive 16 hours of away time at the beginning of employment

  • Volunteer time: Each intern will be allowed up to eight hours of paid time off for the summer to volunteer for activities that support community events and activities.

  • Holiday pay: Memorial Day and Independence Day

  • Housing assistance: Interns located in the Fairfield office needing housing assistance will be offered the option to utilize a local university’s apartment facilities at a small expense.

  • Educational courses: Interns get to participate in educational training put on by our Associate Training and Development team. Courses consist of career workshops, problem solving, proper work etiquette, and financial services industry basics.

  • Social events: Interns have the option to participate in local social events with other interns and home office associates.

  • Networking events: Interns have the opportunity to network with our top executives during the Welcome and End of Summer Banquets. Interns will get the chance to learn from our top leaders and ask questions. Interns also have the ability to do job shadows with other teams at Cambridge. Upon the completion of the internship program, interns will also have access to the Next Step Intern Alumni LinkedIn Group to stay in touch with Cambridge and other interns that have gone through the program.

  • Opportunity to discuss continued employment with Cambridge on a part-time or full-time basis at the conclusion of the internship

The Compliance department is comprised of a number of teams that are responsible for supporting regulatory compliance while providing excellent service to our Cambridge financial professionals and internal associates. The Compliance teams include advertising, anti-money laundering, compliance support services, compliance communications, compliance technology, external audit, outside activity review, registration and licensing, resource center, and surveillance. Working with the Compliance department allows our interns to learn the basic functions of a broker dealer as they relate to the regulatory environment we work in and how to service financial professional clients in the environment successfully.

We have one Compliance Internship opening located in the Fairfield, IA office.

As the Compliance Intern, you will:

  • Contribute to all of the compliance teams listed above with a specific focus on the Surveillance team

  • Follow up on communications that come from our external audit supervisor visits

  • Assist our surveillance team with running reports and completing tasks to record our supervision of trading activity for Cambridge financial professionals and clients

  • Process personal securities disclosures and conduct website and email review

  • Review outside business activities and private securities transactions

  • Complete investment product due diligence and ad hoc research projects to create compliance trainings and presentations

  • Update information in our internal systems for our Registration and Licensing team and our Advertising team

  • Perform website reviews for our Advertising team

Students studying business, finance, legal or similar majors will likely be the most successful in this role.

Compensation: $16-18 per hour. This range is a good faith estimate of the compensation to be offered for this position based on the ideal candidate’s qualifications, the Company’s operational needs, and other considerations permitted by law. The actual pay offered to a specific candidate may vary above or below the stated range.

About Us:

Cambridge Investment Research Inc. is one of the nation’s top independent broker-dealers. We serve independent financial professionals and their clients as they work to grow their wealth and plan for their future goals. We are a company of over 900 associates with offices in Fairfield, IA and Phoenix, AZ.

At Cambridge, our purpose is to make a difference in the lives of our financial professionals, their investing clients, and our associates. Our values of integrity, commitment, flexibility, and kindness continue to guide us in the decisions we make together every day. For 40 years we’ve delivered innovative financial solutions while offering exciting career opportunities with ongoing professional development.

A national leader as a financial solutions firm, Cambridge’s commitment to long-term professional development in a unique small-town community makes this a one-of-a-kind opportunity. Cambridge has been honored 11 times by our associates as a ‘Top Workplace in Iowa’, and 13 times as ‘Broker-dealer of the Year’ by our financial professionals through Investment Advisor magazine. We are recognized among the leading firms in the financial advice industry as we serve over 3,700 independent financial professionals and hundreds of thousands of their investing clients across the country.

Job ID: 2022-2140

External Company Name: Cambridge Investment Research, Inc.

External Company URL: https://www.joincambridge.com/home/

Telecommute: No

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