Senior Regulatory Counsel - Securities Policy & Rulemaking

Financial Industry Regulatory Authority, Inc.; Washington (District of Columbia); Hybrid; USD 131,200 - 238,300; Full time

Job summary

FINRA in Washington, DC seeks a Principal Counsel in the Office of General Counsel (OGC), Regulatory Policy, to render legal advice on the full life cycle of regulatory initiatives and serve as a subject matter resource.

The role involves advising the Board and FINRA committees, briefing executives under deadlines, drafting rule proposals, and collaborating with SEC and REMA to assess economic impact of rulemakings. Hybrid work environment with travel may be required.

Qualifications

• Advanced working knowledge of laws, rules and regulations governing the securities industry.
• Strong organizational skills.
• Excellent oral and written communication skills.
• Excellent judgment, analytical and interpersonal skills.

Responsibilities

• Assist in providing advice to the Board of Governors and FINRA advisory committees with respect to regulatory initiatives and rule changes under consideration.
• Assist in briefing and communicating regulatory initiatives to senior executives of FINRA under urgent deadlines.
• Serve as a source of legal expertise within FINRA in subject areas and provide advice on questions in those areas.
• Prepare Board materials containing sophisticated analyses and discussions of competing policy or political considerations.
• Review and draft new rule proposals, gather and incorporate views of industry participants, other regulators, senior staff and other interested parties, and prepare rule filings to the SEC.
• Work with Regulatory Economics and Market Analysis (REMA) to conduct economic impact assessments of rulemakings.
• Participate in meetings with senior staff of the SEC, industry groups and other parties concerning regulatory initiatives.
• Present at regulatory policy public conferences and Meetings of FINRA advisory committees on areas of subject matter expertise.
• Prepare Regulatory Notices, rule guidance and other correspondence with member firms, their outside counsel and other interested parties.
• Conduct legal and other research into matters of regulatory policy to develop rule proposals, respond to internal and external comments, and interpretive and exemptive requests.
• Collaborate across OGC to identify and present original, creative, innovative and sophisticated solutions and proposals for changes to existing rules, including the elimination or reduction of unnecessary regulation and the adoption of new rules.
• Keep abreast of and analyze SEC, industry and other self‑regulatory organization initiatives, and develop and maintain strong working relationships with SEC staff and other regulators.

Skills

Regulatory compliance

Securities law

Legal research

Policy analysis

Education

Juris Doctor (JD)

Bar licensed in applicable jurisdictions

Job description

FINRA in Washington, DC seeks a Principal Counsel in the Office of General Counsel (OGC), Regulatory Policy, to render legal advice on the full life cycle of regulatory initiatives and serve as a subject matter resource.

The role involves advising the Board and FINRA committees, briefing executives under deadlines, drafting rule proposals, and collaborating with SEC and REMA to assess economic impact of rulemakings. Hybrid work environment with travel may be required.