Principal Analyst, Regulatory Operations, Risk Intelligence Operations Center

Financial Industry Regulatory Authority, Inc.; New York (NY); Hybrid; USD 117,000 - 211,000; Full time

Benefits offered by this job

Discretionary bonus

Health insurance

401(k) retirement plan

Paid time off

Job summary

Financial Industry Regulatory Authority, Inc. seeks an experienced individual contributor in Regulatory Operations to transform risk data into coordinated regulatory action across RIOC.

You will help focus FINRA resources on the threats that matter most by identifying high-risk firms, branches, and individuals and developing intelligence-driven work plans for Regulatory Operations programs.

Qualifications

• Bachelor's Degree or equivalent combination of education and experience.
• MBA or JD and/or relevant industry certification a plus.
• FINRA SIE certification required within 16 months of hire.

Responsibilities

• Analyze multiple regulatory data sources to identify and assess risks across firms, branches, and registered representatives.
• Lead creation and dissemination of execution-focused guidance to support regulatory actions across programs.
• Coordinate real-time information sharing across Regulatory Operations programs.

Skills

Interpersonal skills

Negotiation

Leadership

Communication

Project management

Autonomy

Organizational skills

Education

Bachelor's Degree or equivalent

MBA or JD (plus)

SIE certification

Job description

This is an experienced individual contributor role in Regulatory Operations, Risk Intelligence Operations Center (RIOC), which works independently with minimal supervision to assist with the transformation of risk data into coordinated regulatory action across Regulatory Operations. This role will provide support to continuously ensure FINRA’s resources focus on the threats that matter most by identifying the firms, branches, and individuals that pose the highest risk, creating intelligence-driven work plans for Regulatory Operations programs, and evaluating the results from completed regulatory work.

Essential Job Functions

• Participates in and/or leads the analysis of multiple regulatory data sources (complaints, examination findings, financial data, market surveillance patterns, tips, and intelligence) to identify and assess risks across firms, branches, and registered representatives
• Assists in and/or leads the creation and dissemination of execution-focused guidance and content to support consistent, effective regulatory actions across programs
• Partners with Regulatory Operations team members to facilitate real-time information sharing across regulatory programs.
• Conducts post-regulatory work analysis comparing predictions versus reality to validate and improve risk identification and provide continuous support of the intelligence life cycle.
• In addition to providing support, actively participates in the development and maintenance of operational metrics, providing insight into key performance and key risk indicators for senior management.
• Executes cross-functional regulatory tasks and processes that benefit multiple programs.
• Facilitates departmental-wide meetings to communicate updates and train staff on programmatic changes to processes, tools, controls, technology, policy/procedures.
• Periodically assesses procedures to determine if further development or updates are required, making recommendations as needed.
• Where warranted, coordinates efforts to identify, prioritize and resolve areas of inconsistent procedural application.
• Participates, and where necessary, acts as a lead, on applicable Governance Committees.
• Maintains advanced working knowledge of departmental functions and industry developments.
• Cultivates strong working relationships across Regulatory Operations, and throughout FINRA, and other external stakeholders, including the SEC, states, other regulatory agencies, and the industry.
• Partners with external stakeholders and senior leaders across the enterprise to accomplish strategic objectives, including, but not limited to issue remediation.
• Leads special projects and ad hoc initiatives including, but not limited to, internal and external requests.
• Coaches more junior colleagues in techniques, processes, and responsibilities.
• Models inspirational, accountable, and supportive leadership, develops and empowers talent at all levels, fosters an inclusive culture, and creates an environment of strong employee engagement.
• Demonstration of FINRA’s values.
• Collaboration, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.

Education/Experience Requirements

• Bachelor's Degree or an equivalent combination of education and experience required.
• Major in Accounting, Finance, Economics, Business Administration, graduate degree (MBA or JD) and/or relevant industry certification(s) a plus.
• Demonstrated leadership skills within accounting, audit, legal, compliance or related field(s).
• FINRA Securities Industry Essentials (SIE) certification or acceptable industry equivalent certification is required upon hire or within 16 months of the start date of the assigned SIE training cohort.

Knowledge Requirements

Demonstrated strong/expert working knowledge of securities industry rules, regulations and related guidelines based on prior work experience

Skills Requirements

• Excellent interpersonal, negotiation, and diplomacy skills, with a high comfort level in relations with FINRA senior management teams
• Establish and maintain effective working relationships at all levels inside and outside the organization
• Excellent leadership skills, including the ability to deal effectively with people, to make decisions, and find solutions, to encourage and support change, and to deal with problem situations involving member firms and individuals in situations
• Excellent written and verbal communication skills, including interpersonal skills and presentation skills
• Must be self-starter and able to administer a number of complex assignments concurrently, including unstructured assignments that require autonomy and independent judgment
• Work independently, possess strong project management and organizational skills

Work Conditions

Hybrid work environment, with defined in-person presence requirements. For work that is performed in Los Angeles and San Francisco, CA, CO, CT, IL, PA, MA, MD, VA, WA, DC, NY, NJ, WA please refer to the chart below for the salary range for the corresponding location. FINRA complies with all state and local pay transparency laws and regulations requiring the disclosure of salary ranges for the position. In addition to location, actual compensation is based on various factors, including but not limited to, the candidate’s skill set, level of experience, education, and market considerations.

Salary Range

• Los Angeles, CA: $112,300 - $168,000
• San Francisco, CA: $117,200 - $175,000
• Boston, MA: $112,300 - $202,500
• Chicago, IL: $107,500 - $194,100
• Denver, CO: $97,700 - $176,100
• Jericho, NY: $112,300 - $202,500
• Jersey City, NJ: $117,200 - $211,400
• Philadelphia, PA: $107,500 - $194,100
• New York, NY: $117,200 - $211,400
• Rockville, MD: $112,300 - $202,500
• Tysons, VA: $112,300 - $202,500
• Washington, DC: $112,300 - $202,500
• Woodbridge, NJ: $112,300 - $202,500
• Connecticut State: $97,700- $211,400
• Washington State: $97,700- $211,400

Benefits

• Employees may be eligible for a discretionary bonus in addition to base pay.
• Non-exempt employees are also eligible for overtime pay in accordance with federal, state, or local law.
• As part of its dedication to employee wellness, FINRA provides comprehensive health, dental and vision insurance.
• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, spouse/domestic partner and dependent life, and spouse/domestic partner and dependent accidental death and dismemberment, short- and long-term disability, long-term care, business travel accident, disability and legal.
• FINRA offers immediate participation and vesting in a 401(k) plan with company match and eligibility for participation in an additional FINRA-funded retirement contribution, tuition reimbursement, commuter benefits, and other benefits that support employee wellness, such as adoption assistance, backup family care, surrogacy benefits, employee assistance, and wellness programs.

Time Off and Paid Leave

• 15 days of paid time off (increasing with years of service, up to 25 days)
• 5 personal days
• 9 sick days, unless otherwise required by law (all pro-rated in the first year).
• Two volunteer service days (based on full-time schedule).
• Military leave
• Jury duty leave
• Bereavement leave
• Voting and election official leave for federal, state or local primary and general elections
• Care of a family member leave (available after 90 days of employment)
• Childbirth and parental leave (available after 90 days of employment)
• Full-time employees receive nine paid holidays.

Important Information

FINRA’s Code of Conduct imposes restrictions on employees’ investments and requires financial disclosures that are uniquely related to our role as a securities regulator. FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain, and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. All of those accounts are subject to the Code’s investment and securities account restrictions, and new employees must comply with those investment restrictions—including disposing of any security issued by a company on FINRA’s Prohibited Company List or obtaining a written waiver from their Executive Vice President—by the date they begin employment with FINRA. Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment. You can read more about these restrictions here.

As standard practice, employees must also execute FINRA’s Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company’s policy on nepotism.

Washington state applicants: click here for required notice(s).

Equal Opportunity Employer

FINRA is an Equal Opportunity Employer All qualified applicants receive consideration for employment without regard to any legally protected category, including race, color, age, national origin, ethnicity, religion, disability, genetic information, military or veteran status, sex, or any other status or classification protected by state or local law. FINRA strives to make our career site accessible to all users. If you need a disability-related accommodation for completing the application process, please contact FINRA’s Employee Relations team at 240-386-4865 or by email at [e-mail]. Please note that this process is exclusively for inquiries regarding accommodations in the application process. FINRA abides by the requirements of 41 CFR 60-741.5(a). This regulation prohibits discrimination against qualified individuals on the basis of disability and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified individuals with disabilities. FINRA abides by the requirements of 41 CFR 60-300.5(a). This regulation prohibits discrimination against qualified protected veterans and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans.