Principal Analyst, Surveillance - Manipulation

Financial Industry Regulatory Authority, Inc.; Rockville (MD); Hybrid; USD 112,000 - 203,000; Full time

Benefits offered by this job

Health insurance

401(k) plan with company match

Tuition reimbursement

Commuter benefits

Adoption assistance

Wellness programs

Job summary

FINRA in Rockville, MD seeks a Principal Analyst in Regulatory Operations Surveillance. The role conducts complex surveillance reviews with minimal supervision and identifies violations of federal securities laws and FINRA rules, while mentoring staff and guiding them in routine reviews.

Responsibilities include testing and developing new analytics and surveillance tools, communicating with firms and investors, and leading special projects to advance the unit's objectives.

Qualifications

• Bachelor’s degree and a minimum of seven (7) years in the securities/financial services industry or equivalent experience.
• Understanding of surveillance development lifecycle and goal attainment skills.
• Working knowledge of FINRA, MSRB and other SRO rules and the Securities Exchange Act of 1934.

Responsibilities

• Conduct routine reviews for possible violations of FINRA rules and federal securities laws.
• Research and provide management updates on rules, regulations, guidelines, and advisories.
• Develop and test new analytics, surveillance tools or processes to detect fraudulent activity and improve methods.
• Communicate with firms, registered and associated persons, investors, and others.
• Mentor and coach colleagues; document review steps and results; refer matters to Enforcement and outside agencies.
• Lead special projects to advance the business unit's goals and work independently on complex tasks.

Skills

Surveillance analytics

Regulatory knowledge

Mentoring

Education

Bachelor's degree

Job description

This Principal Analyst position within Regulatory Operations Surveillance is responsible for conducting complex surveillance reviews under minimal supervision and identifying violations of applicable federal securities, FINRA and RSA Client Exchange rules. Mentors other staff and guides them in the completion of their routine surveillance reviews.

Essential Job Functions:

Conducts routine reviews in search of possible violations of rules and federal securities laws with moderate supervision. Researches and provides management with updates regarding rules, regulations, guidelines, intelligence, and advisories. Conducts processes for testing and developing new analytics, surveillance tools or processes that detect and deter fraudulent activity, maintaining and enhancing surveillance methods, and developing improved approaches for uncovering violations at the organization’s firms. Communicates both verbally and in writing with firms, registered and associated persons, investors, and others. Guides team members in the process for the documentation of review steps and results, including referrals to Enforcement and outside agencies. Demonstrates subject matter expertise and an ability to coach and train colleagues in techniques, processes, and responsibilities. Participates actively in and plays a leading role in special projects, and completes such projects in a timely, accurate and high-quality manner to materially advance the goals and objectives of the business unit or department. Works independently on routine projects; ability to work independently on complex projects. Represents FINRA in internal meetings. Demonstrates FINRA’s values of Responsibility, Innovation, Collaboration and Expertise in interactions with colleagues, management, FINRA members, and outside parties. Demonstration of FINRA’s values. Collaboration, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.

Other Responsibilities:

Participates in initiatives across Surveillance Remains current on industry trends, practices, and regulatory impacts.

Education/Experience Requirements:

Bachelor’s degree and a minimum of seven (7) years of experience in the securities/financial services industry; or an equivalent combination of education and experience in positions of increasing responsibilities. Demonstrated understanding of surveillance development lifecycle and goal attainment skills. Working knowledge of FINRA, MSRB and other SRO rules and the Securities Exchange Act of 1934 and the rules and regulations thereunder. Experience identifying potential securities rule violations. Experience working on routine projects independently; some experience working independently on complex projects.

Working Conditions:

Hybrid work environment, with defined in-person presence requirements. Hours may extend beyond normal business hours. Travel will be required, as necessary. For work that is performed in Los Angeles and San Francisco, CA, CO, FL, TX, IL, PA, MA, MD, VA, Washington, DC, NY and NJ, 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 Ranges:

• Los Angeles, CA: Minimum Salary $112,300, Maximum Salary $146,000
• San Francisco, CA: Minimum Salary $117,200, Maximum Salary $152,000
• CO/FL/TX: Minimum Salary $97,700, Maximum Salary $176,100
• IL/PA: Minimum Salary $107,500, Maximum Salary $194,100
• MA/MD/VA/Washington, DC: Minimum Salary $112,300 Maximum Salary $202,500
• NY/NJ: Minimum Salary $112,300, Maximum Salary $211,400

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.

Benefits:

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* FINRA encourages its employees to focus on their health and wellness in many ways, including through a generous time-off program starting at 15 days of paid time off (increasing with years of service, up to 25 days), 5 personal days, and 9 sick days, unless otherwise