• Job Description

  Req#: 5797604003

  DriveWealth, the pioneer of fractional equities trading and embedded investing, is a visionary technology company that empowers more than 100 partners around the world to engage their customers by placing the markets in the palm of their hand. We believe the future is fractional, transactional and mobile. Every mobile device should be a gateway to accessing investing and savings products, services, advice, and assistance for global citizens of all ages, wealth stages, and levels of financial expertise. DriveWealth’s unparalleled consultative support and cloud-based, industrial strength technology platform allow partners to seamlessly offer branded investing experiences to drive customer acquisition, loyalty, retention, and revenue growth. DriveWealth’s commitment to continuous evolution and innovation makes it the partner of choice for powering the future of investing.

  Completing a Series D raise in 2021, DriveWealth’s mission is to democratize investing globally by working with partners to invent new ways to use its API-based technology to provide emerging investors with cutting-edge embedded experiences, offer first-time access to U.S. markets, and the ability to begin investing with as little as $1. DriveWealth is committed to empowering consumers around the world to become owners by delivering the most modern brokerage infrastructure, unparalleled industry expertise, and a culture of continued evolution.

  About the team

  DriveWealth is seeking a Summer Intern to join our compliance team. In this role, you will be responsible for helping the compliance team deliver new capabilities and controls. This will be a hands-on role with responsibility for one to two projects with clear objectives and outcomes that are achievable within the ~10 week program. The individual will actively work alongside other members of the Compliance team, engage cross functional partners, conduct regular reviews of their work and participate in real business decisions.

  This is a full-time, in-person internship involving 40 hours per week. Deadline to apply is Friday, December 8, 2023.

  What You’ll Do

  We have identified a handful of potential assignments with the intent to best match the candidate with the work that aligns with their experience, area of study and professional aspirations. Potential assignments could include:

  • Owning project on improving a compliance and/or AML (anti-money laundering) process;
  • Developing internal documentation on on how to best accomplish key compliance tasks and/or reviews;
  • Research new SEC or FINRA rule proposals for impact on our business and compliance requirements;

  What You’ll Need

  • Strong writing and analytical experience a plus
  • Baseline understanding of the brokerage industry, trading platforms and/or SaaS for B2B
  • Drive to learn, dig deep and figure things out
  • Undeterred by obstacles with the ability to problem solve, pivot and refocus
  • Effective communicator who takes the initiative to engage and collaborate with others

  Qualifications

  • Currently pursuing a Bachelors, Masters, or MBA degree with a graduation date between December 2024 and June 2025.
  • Be available full-time and in-person for 40 hours per week
  • Must reside in NY-metro area, relocation support will not be provided
  • Must be available to start on Monday, June 3, 2024. Internship will conclude in mid-August

  Compensation
  Compensation package offerings are based on candidate experience and technical qualifications, as it relates to the role. These are identified and determined throughout your interviewing experience.
  
  Please note: this role is expected to come into our office daily, a cadence set by the Hiring Manager/Team.

  Jersey City, NJ HQ (On-Site Only) Pay Range

  $35 — $35 USD

  US Benefits

  • Insurance – Medical, Dental, Vision, Life, LTD & STD. HSA and FSA options.
  • Unlimited PTO
  • 401k plan
  • Most role have flexible working hours and work from home
  • Continuing education and conferences reimbursement
  • Fitness/Wellbeing reimbursement
  • Lunch program, snacks and beverages available in the office

  Singapore Benefits

  • Insurance – Medical, Dental, Vision, Group Life, LTD & STD
  • Unlimited PTO
  • Flexible working hours and work from home
  • Continuing education and conferences reimbursement
  • Fitness/Wellbeing reimbursement

  We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

  TO ALL AGENCIES: Please, no phone calls or emails to any employee of DriveWealth outside of the Talent organization. DriveWealth’s policy is to only accept resumes from agencies via Greenhouse (ATS). Agencies must have a valid services agreement executed and must have been assigned by the Talent team to a specific requisition. Any resume submitted outside of this process will be deemed the sole property of DriveWealth. In the event a candidate submitted outside of this policy is hired, no fee or payment will be paid.

• About the company

  With the DriveWealth app, you can buy fractions of company shares, enabling you to invest on your own terms. DriveWealth, LLC is a registered broker-dealer and member of FINRA and SIPC. You must be at least 18 years of age and comply with our “K...

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